
Lamtara 2 is an amazing project from one of the largest developers of Meraas, located in the Madinat Jumeirah Living area. Lamtara 2 is the second of three 8-story Arabic-style towers. Each residence is equipped with high-quality furniture and appliances, as well as all apartments have panoramic windows and spacious balconies or terraces with stunning views of the Persian Gulf and Burj Al Arab. For sale are carefully designed 1-4 bedroom apartments with modern interiors, complemented by Arabesque architecture and surrounding landscapes. Residents of the complex will find many different amenities: gyms, swimming pools with recreation areas, parks with barbecue areas, children's playgrounds. There is also a parking area and 24-hour security. The complex has a convenient location. There are many highly rated educational institutions nearby. Wild Wadi Waterpark and Mall of Emirates are just a 5-minute drive away, while Dubai International Airport is a 20-minute drive away. Lamtara 2 offers the highest level of service and comfort in the midst of beautiful Dubai landscapes. The complex is an ideal place for privacy and relaxation from the hustle and bustle of city life. The picturesque surroundings with green spaces inspire peace and harmony with nature, as well as create a peaceful environment in a corner decorated with nature.
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 |
|---|---|---|---|
| Lamtara 2 launch basis | 2,722 | AED 2.45M | 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)
Lamtara 2 by Meraas Developer
Located in MJL (Madinat Jumeirah Living)
Starting from AED 2,450,000
Unit mix includes 1 BR, Apartments
Expected handover: Mar 2021
Official render/gallery images available
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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