Union Square House Brokers $63.7M Sale of Two La Mer Residences

Dubai-based real estate brokerage Union Square House (USH) has successfully brokered the sale of two ultra-luxurious apartments at Jumeirah Residences Asora Bay by Meraas, located in the prestigious La Mer district of the city, for a combined total of AED 234 million ($63.7 million) to a single buyer. The first unit is a six-bedroom simplex spanning 18,182 square feet, sold for approximately AED 164 million ($44.7 million), while the second is a four-bedroom simplex covering 7,728 square feet, sold for AED 69.5 million ($18.9 million).

Jumeirah Residences Asora Bay offers only 29 exclusive apartments managed by Jumeirah. The development features a unique coastal landscape with two majestic hills carved into the shoreline, providing residents with unparalleled views of the Arabian Sea and the Burj Khalifa skyline.

Manoj Khatwani, Sales Director at Union Square House, who facilitated the sale, stated: "This project is unparalleled. There's nothing like it. The project redefines luxury and exclusivity. The specifications are better than anything Dubai has ever seen. The views are unparalleled—Arabian Sea views and Burj Khalifa skyline views. It surely sets the new standard for Dubai luxury."

Gaurav Aidasani, Founder and Managing Director of Union Square House Real Estate Broker, added: "We are incredibly proud to have brokered this record-breaking transaction for Meraas at Jumeirah Residences Asora Bay. This sale not only highlights the luxury and exceptional quality of Dubai's real estate offerings but also showcases the strong demand for unparalleled living experiences in the city's most sought-after locations. Our commitment to excellence remains unwavering, and we continue to lead the way in high-end property transactions in Dubai."

La Mer's vibrant community is complemented by a diverse array of dining, retail, and leisure options. The upcoming J1 Beach is set to redefine beachfront living with 13 premium beach clubs and restaurants, including renowned names like Gigi Rigolatto and Bâoli. Residents can also enjoy a variety of recreational facilities, such as swimming pools, fitness centers, landscaped gardens, and outdoor sports areas, ensuring a healthy and active lifestyle within a vibrant community.

Strategically located, La Mer offers excellent connectivity to key areas of Dubai. Downtown Dubai and the iconic Burj Khalifa are just a 10-minute drive away, while Dubai International Airport can be reached within 20 minutes. This prime location, combined with its luxurious offerings and serene environment, makes La Mer a highly sought-after destination for both residents and investors seeking a unique blend of coastal tranquility and urban convenience.