Arte Developments brings branded luxury to Ras Al Khaimah with La Mer by Elie Saab — the emirate's first Elie Saab-branded residences, minutes from the Wynn Al Marjan casino. Here's the full guide: prices, payment plans, the Wynn growth story, freehold rules and Golden Visa eligibility.
Off plan property by Arte Developments means buying directly from Arte — a branded-luxury developer — before or during construction, paid in instalments. Its flagship, La Mer by Elie Saab, is the first Elie Saab-branded residential complex in Ras Al Khaimah: 355 homes across three towers on Al Marjan Island, a 3-minute drive from the Wynn casino (opening 2027). Prices start from AED 1.9M, with 7–8% yields (10–12% short-term), freehold ownership and Golden Visa eligibility above AED 2 million.
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What is off plan property by Arte Developments?
Off plan property by Arte Developments is a home you buy from Arte before construction is finished, paying in stages tied to build milestones or handover. Arte is a branded-luxury developer that partners with global design icons — most notably Elie Saab — to create lifestyle destinations across the UAE, with a current focus on Ras Al Khaimah's Al Marjan Island.
Buying off plan with Arte means securing a branded residence early, usually at launch pricing, with a staged payment plan and your funds protected until handover. Its flagship, La Mer by Elie Saab, sits in one of the UAE's fastest-appreciating locations — Al Marjan Island.
Why Arte Developments and La Mer stand out
Arte's edge is branding plus timing: a globally recognised fashion house on the interiors, on an island poised for a once-in-a-generation tourism catalyst.
- Elie Saab branded: the first Elie Saab-branded residential complex in Ras Al Khaimah, with interiors by the fashion house and architecture by Dewan Architects & Engineers.
- Wynn proximity: a 3–5 minute drive from Wynn Al Marjan Island, the UAE's first integrated casino resort (opening 2027).
- Beachfront living: direct beach access, panoramic Arabian Gulf views, podium retail, dining, pools and spa.
- Strong income: 7–8% long-term yields and 10–12% short-term (holiday) yields on a high-demand island.
La Mer by Elie Saab: the residences
La Mer comprises three 17-floor cylindrical towers — Isle 1, Isle 2 and Isle 3 — connected by elevated bridges, holding 355 homes across several formats. Use the tabs below to explore the options. Prices are launch/starting figures and move with availability — confirm live pricing before reserving.
Apartments — 1 to 4 bedrooms
Open-plan, naturally lit apartments with Elie Saab signature interiors and sea or park views across the three towers.
| Type | Size | From (AED) | Payment Plan | Status |
|---|---|---|---|---|
| 1 Bedroom | 1,019–2,026 sq ft | 1,900,888 | 10 / 40 / 50 | Off-plan |
| 2 Bedroom | 1,108–2,638 sq ft | 3,100,000 | 10 / 40 / 50 | Off-plan |
| 3–4 Bedroom | Larger layouts | On request | 10 / 40 / 50 | Off-plan |
View La Mer on our project page.
Chalets — ground-level beachfront living
Spacious chalet residences offering a more horizontal, beach-house lifestyle within the branded community, with direct access to the podium amenities and shoreline.
| Type | Highlight | From (AED) | Payment Plan |
|---|---|---|---|
| Chalets | Beachfront, podium access | On request | 10 / 40 / 50 |
Penthouses & signature villas
At the top of the collection: elegant penthouses with panoramic Gulf views and just two signature villas — the most exclusive, highest-conviction residences in the development.
| Type | Quantity | From (AED) | Golden Visa |
|---|---|---|---|
| Penthouses | Limited | On request | Eligible at AED 2M+ |
| Signature Villas | Only 2 | On request | Eligible at AED 2M+ |
See more on our Arte developer page and across all UAE communities.
How much does La Mer by Elie Saab cost?
La Mer by Elie Saab starts from around AED 1.9 million for a 1-bedroom apartment, rising through 2-bedrooms from about AED 3.1 million to penthouses and villas on request. Here's the entry range by home type:
| Home Type | Starting Price (AED) | Best For |
|---|---|---|
| 1-Bedroom Apartment | 1,900,888 | Entry / short-term rental yield |
| 2-Bedroom Apartment | 3,100,000 | Golden Visa + capital growth |
| Chalets | On request | Beachfront lifestyle |
| Penthouses | On request | Panoramic luxury |
| Signature Villas (only 2) | On request | Ultra-exclusive trophy homes |
The Wynn casino & Al Marjan Island growth story
La Mer's biggest investment driver is its location minutes from Wynn Al Marjan Island — the UAE's first casino resort, opening in 2027. The "Wynn effect" has already reshaped Al Marjan's property market:
- Price surge: Al Marjan Island land prices have tripled since the Wynn project was announced, with prime waterfront values forecast to keep rising in 2026.
- Tourism wave: Ras Al Khaimah is targeting millions of additional annual visitors by 2030, fuelling short-term rental demand.
- HNWI magnet: RAK ranks among the top UAE destinations for global high-net-worth property buyers.
- Resort cluster: La Mer sits beside Address, Pullman and Mövenpick resorts, reinforcing the island's five-star positioning.
Arte payment plan for La Mer explained
Arte offers a 10/40/50 payment plan for La Mer by Elie Saab — designed to spread your investment across the build:
| Stage | Share | When |
|---|---|---|
| Down payment | 10% | At booking |
| During construction | 40% | Across build milestones |
| On handover | 50% | At completion |
This structure keeps capital exposure moderate during the build. Model financing with our mortgage calculator.
Off plan property, freehold & the UAE Golden Visa
La Mer by Elie Saab is freehold and open to all nationalities, and any home worth AED 2 million or more qualifies for a 10-year UAE Golden Visa.
- Full freehold: the right to sell, rent, mortgage and transfer — for all nationalities in Ras Al Khaimah.
- AED 2M Golden Visa: a 10-year renewable visa covering you, your spouse and dependents — met by most 2-bed apartments, penthouses and villas.
- Zero tax: no annual property tax, no capital gains tax, no rental income tax.
How to buy off plan property by Arte: step by step
- 1. Choose your home — 1-bed for yield, 2-bed/penthouse/villa for Golden Visa and capital growth.
- 2. Reserve the unit — pay the 10% booking deposit and sign the reservation form to lock the launch price.
- 3. Sign the SPA — execute the Sale & Purchase Agreement; funds are held in escrow.
- 4. Follow the 10/40/50 plan — pay 40% across construction, 50% on handover.
- 5. Handover & rent or resell — inspect, snag, then enjoy, rent (including short-term), or resell. Apply for your Golden Visa if eligible.
We handle the full process — get in touch to secure a unit before the next price rise.
Frequently asked questions
La Mer by Elie Saab by Arte Developments starts from around AED 1.9 million for a 1-bedroom apartment (1,019–2,026 sq ft) and from about AED 3.1 million for a 2-bedroom (1,108–2,638 sq ft). The branded development also offers chalets, 3–4 bedroom apartments, penthouses and two signature villas.
La Mer by Elie Saab is on Al Marjan Island in Ras Al Khaimah — a man-made island known for beachfront luxury. It sits a 3–5 minute drive from the Wynn Al Marjan Island resort, about 30 minutes from RAK International Airport and roughly one hour from Dubai.
La Mer by Elie Saab is just a 3–5 minute drive from Wynn Al Marjan Island — the UAE's first integrated casino resort, opening in 2027. This proximity is a key driver of expected appreciation, as Al Marjan Island values have already risen 20–30% ahead of the opening.
Yes. La Mer offers rental yields of 7–8%, with short-term yields reaching 10–12%, driven by its branded status and location minutes from the Wynn casino. With Al Marjan prices up 20–30% ahead of the 2027 opening, it combines strong income with capital appreciation upside.
Arte offers a 10/40/50 payment plan for La Mer: 10% as a down payment at booking, 40% in instalments during construction, and 50% on handover — spreading the investment across key milestones for manageable cash flow.
La Mer's interiors are designed by the fashion house Elie Saab, with architecture by Dewan Architects & Engineers. It is the first Elie Saab-branded residential complex in Ras Al Khaimah, with three cylindrical towers — Isle 1, Isle 2 and Isle 3 — connected by elevated bridges.
La Mer offers 355 residential units across three 17-floor towers: chalets, 1 to 4-bedroom apartments, penthouses and two signature villas. Homes feature direct beach access, panoramic Arabian Gulf views, and podium-level retail, dining, pools and spa facilities.
Yes. La Mer by Elie Saab on Al Marjan Island is freehold and fully open to investors of all nationalities, with complete ownership rights to sell, rent, mortgage and transfer. Ras Al Khaimah is one of the UAE's most popular emirates for international property buyers.
Yes. A La Mer property worth AED 2 million or more qualifies you for a 10-year renewable UAE Golden Visa covering you, your spouse and dependents. Most 2-bedroom apartments, penthouses and villas at La Mer meet or exceed this threshold.
Al Marjan Island is the UAE's fastest-rising property hotspot ahead of the 2027 opening of Wynn Al Marjan Island, the country's first casino resort. Land prices have tripled since the project's announcement and prime waterfront values are forecast to keep rising in 2026, with Ras Al Khaimah ranked among the top UAE destinations for global high-net-worth buyers.
Secure your La Mer by Elie Saab residence before the Wynn opening
Branded Elie Saab living minutes from the UAE's first casino — First Stone Real Estate gives you early access, payment-plan support and full guidance, from selection to Golden Visa.
Figures cited are based on Arte Developments / La Mer announcements and Ras Al Khaimah market data current to mid-2026. Prices, payment plans and handover dates are indicative and subject to availability — please confirm live details with First Stone Real Estate before reserving.
