Lamaa
✓ Resale Available

Lamaa

From AED 3.45M·Completed Dec 2025·Developer payment plan available Payment
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AED 3.45M
Starting Price
Dec 2025
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Lamaa is the sixth phase of the prestigious Madinat Jumeirah Living (MJL) residential community by Meraas. The project stands out with its architectural style that blends an elegant exterior with thoughtfully designed interiors crafted from high-quality materials. The complex is composed of four buildings featuring a total of 372 residences — from stylish 1-bedroom apartments to spacious 4-bedroom units. Each building consists of a ground floor and nine residential levels. All residences include private balconies or terraces offering views of the lush MJL landscaping and the iconic Burj Al Arab. Apartments with 3 and 4 bedrooms also feature a maid’s room, ensuring additional comfort and convenience. Lamaa offers a wide range of amenities for residents. These include swimming pools, state-of-the-art fitness centers, a nursery, children’s play areas, green parks, inviting open spaces and a central pedestrian walkway perfect for leisurely strolls. One of the key advantages of Lamaa is its proximity to essential social infrastructure. Supermarkets, banks, medical facilities, nurseries, restaurants and cafés are all located nearby. Thanks to its convenient location next to Jumeirah Beach Road and Jumeirah Street, residents can reach Dubai International Airport in just 20 minutes. Mall of the Emirates is only 5 minutes away, Dubai Marina can be reached in 15 minutes and Global Village in approximately 20 minutes.

Project Specifications
DeveloperMeraas Developer
LocationMJL (Madinat Jumeirah Living)
Unit Types2 BR, Apartments
AreaMJL (Madinat Jumeirah Living)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 148,868 / year
Cash-on-Cash
1.8%
Levered cashflow AED 35,018
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 224,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Lamaa launch basis3,833AED 3.45MCurrent launch / asking basis
MJL (Madinat Jumeirah Living) ready-stock comps1,500AED 1.35MIndicative resale benchmark
MJL (Madinat Jumeirah Living) premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Meraas Developer.

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Payment Structure

Developer payment plan available

Flexible Payment

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Floor Plans

Lamaa — 1 Bedroom Floor Plan

Amenities & Lifestyle

Children’s pool
Kids Play Area
Landscaped garden
Landscaped park
Lift
Lobby
Parking
Shared Pool
Shared gym & fitness
Sports ground

Location

MJL (Madinat Jumeirah Living)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
MJL (Madinat Jumeirah Living)MJL (Madinat Jumeirah Living)Dubai, UAE

Developer Track Record

01

Lamaa by Meraas Developer

02

Located in MJL (Madinat Jumeirah Living)

03

Starting from AED 3,450,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Dec 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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