La Sirene Phase 2 by Meraas: A Waterfront Address at Port de La Mer
What This Project Is
La Sirene Phase 2 is a residential apartment building developed by Meraas Holding, one of Dubai's more established master developers. It sits within Port de La Mer, a marina-style waterfront community that Meraas built from scratch on reclaimed land in Jumeirah. This is not a standalone tower dropped into an existing neighbourhood. It is part of a curated district with its own pier, beach, and retail strip.
The building is the second phase of La Sirene within that community, following a consistent design language and sharing infrastructure with Phase 1.
What Living at La Mer Actually Means
Port de La Mer occupies the northern tip of Jumeirah 1, where it meets the open Gulf. That address carries real weight. You are roughly 15 minutes from Downtown Dubai by car, close to the amenities of Jumeirah Beach Road, and within a self-contained waterfront precinct that feels distinctly different from the inland tower clusters of Business Bay or JVC.
For an owner-occupier, the draw is lifestyle proximity: a private beach, a working marina, and walkable restaurants, all within the community boundary. For an investor, La Mer has demonstrated consistent rental demand from professionals and expats who want a sea-facing address without crossing into Dubai Marina. Short-term rental performance here has historically been solid, given the tourism draw of the La Mer beach strip adjacent to the port.
The trade-off is connectivity. You are not next to a Metro station. Residents rely on cars or ride-hailing. That is worth factoring in if your tenant profile skews toward younger renters who prefer transit access.
What AED 2.2M to AED 7.9M Buys You Here
The price spread is wide, and it needs explanation. At the lower end around AED 2.2M, you are likely looking at a one-bedroom apartment with a partial or indirect sea view. That buyer is typically an investor targeting rental yield, or an end-user making a first move into the waterfront market.
At the upper end approaching AED 7.9M, the product changes materially. These are larger units, almost certainly with direct marina or sea-facing aspects, possibly on higher floors. The buyer profile shifts toward someone purchasing a primary residence or a high-value holiday home who wants the full waterfront experience, not just the postcode.
The gap between those two figures reflects both unit size and orientation. If you are comparing options, pin down the floor, the view, and the square footage before treating any number in this range as representative.
Unit Types and Who They Suit
The project offers apartments only. That makes it a clean fit for two categories: investors who want a manageable asset in a high-demand rental location, and owner-occupiers seeking a lock-up-and-leave waterfront home. Families with children are not excluded, but the apartment format and marina setting are more naturally aligned with couples and single professionals.
The Amenity Picture
| Category | Facilities |
|---|---|
| Wellness and Fitness | Indoor Swimming Pool, Gymnasium |
| Outdoor and Leisure | Landscaped Gardens, Beach Access, Children's Play Area |
| Dining and Retail | Restaurants |
| Security | CCTV Security |
Beach access within a Jumeirah community is not a given, and here it is direct. The indoor pool is worth noting because it extends usability beyond the summer months when outdoor swimming in Dubai becomes impractical.
The amenity set is focused rather than exhaustive. There is no cinema room, no co-working space, no padel court. What is here covers the core needs of a waterfront resident: fitness, outdoor space, dining nearby, and security. That restraint is deliberate. Meraas has built the wider La Mer district to serve as the extended amenity layer, so the building itself does not need to replicate everything.
Timeline and Current Status
Construction started in December 2021, with an expected completion of June 2024. Given that the project data was last updated in April 2026, this building has almost certainly been handed over already. Do not treat this as off-plan. Verify directly with the developer or a registered agent whether units are available on the secondary market or as direct transfers, and what the current asking prices reflect versus the original launch figures.
Getting In for 10%
| Stage | Payment |
|---|---|
| Down Payment | 10% |
| During Construction | 40% |
| On Handover | 50% |
A 10% down payment is low by Dubai market standards, where 20 to 25% is more common at this price point. That structure would have made entry accessible for buyers who wanted exposure to a Meraas waterfront project without committing a large sum upfront. The largest single obligation, 50% at handover, is now the figure any buyer needs to plan around. There is no post-handover payment plan, so financing or liquidity needs to be in place before keys are collected.