
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Lamaa launch basis | 3,833 | AED 3.45M | Current launch / asking basis |
| MJL (Madinat Jumeirah Living) ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| MJL (Madinat Jumeirah Living) premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |














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Astraterra Properties
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MJL (Madinat Jumeirah Living)
Lamaa by Meraas Developer
Located in MJL (Madinat Jumeirah Living)
Starting from AED 3,450,000
Unit mix includes 2 BR, Apartments
Expected handover: Dec 2025
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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