La Mer by Elie Saab
The facts, verified
About the project
Project general facts La Mer by Elie Saab is an exclusive branded residential development on Al Marjan Island, offering a refined waterfront lifestyle shaped by couture-inspired design and architectural elegance. Comprising three distinctive towers, the project captures the essence of sophisticated coastal living, where bespoke interiors, serene surroundings, and panoramic views of the Arabian Gulf come together in perfect harmony. Every aspect of the development reflects Elie Saab’s signature aesthetic, blending timeless luxury with contemporary comfort in one of the region’s most prestigious island destinations. Residents enjoy a tranquil and elevated lifestyle in a setting defined by beauty, privacy, and a strong connection to the shoreline. The development is designed to create a peaceful residential environment where expansive sea views, elegant communal spaces, and the natural calm of Al Marjan Island enhance everyday living. With its iconic design and exceptional location, La Mer by Elie Saab offers a unique retreat that balances exclusivity with the atmosphere of a luxury resort destination. Each residence is finished to a high standard with interiors that combine rich t
Amenities
La Mer by Elie Saab payment plan
| Milestone | Share | On AED 3.35M |
|---|---|---|
| On booking | 20% | AED 670K |
| During construction (5% every 6 months) | 30% | AED 1.01M |
| Upon Handover | 50% | AED 1.68M |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 670,178 |
| During construction (30%) | ≈ AED 41,886 equivalent per month over 24 months | AED 1,005,266 |
| Handover (50%) | On completion | AED 1,675,444 |
| RAK Municipality fee (4%) | On handover | AED 134,036 |
| Admin / registration (est.) | On booking | AED 5,250 |
La Mer by Elie Saab prices and unit mix
Project documents
Al Marjan Island masterplan
La Mer by Elie Saab location and connectivity
- Turtle Beach0.15 km
- Public Park Al Marjan Island2.4 km
- Little Captain Nursery2.1 km
- Al Hamra Mall7.7 km
- Ras Al Khaimah International Airport34.8 km
About ARTE Developments
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ARTE Developments is the developer of La Mer by Elie Saab, with 1 project selling now.
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All lines →Questions investors ask about La Mer by Elie Saab
What is the starting price at La Mer by Elie Saab?
La Mer by Elie Saab starts from AED 3.35M and runs to AED 49.64M, across 1 bedroom, 1 bedroom, 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
What is the La Mer by Elie Saab payment plan?
20% on booking, 30% during construction (5% every 6 months), 50% upon handover, worked in dirhams on AED 3.35M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is La Mer by Elie Saab handover?
ARTE Developments lists handover for Q1 2028, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is La Mer by Elie Saab?
In Al Marjan Island, Ras Al Khaimah: Turtle Beach 0.15 km, Public Park Al Marjan Island 2.4 km, Little Captain Nursery 2.1 km. The Al Marjan Island community guide on this site has the registered prices, rents and schools around it.
Does this qualify for the Golden Visa?
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Is the project escrow-registered?
Yes, escrow account 13425632920003. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.