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About This Project
Lamaa is a four-building residential development by Meraas Properties within the established Madinat Jumeirah Living community. The 372 apartments range from 1 to 4 bedrooms, spanning 723 to 3,530 sqft, with open-plan interiors and generous terraces that face inward toward landscaped courtyards. Fourth-bedroom units occupy the upper floors, where views stretch across the Burj Al Arab, Jumeirah Beach Hotel, and Marsa Al Arab. Madinat Jumeirah Living sits just off Umm Suqeim Street, with Sheikh Zayed Road providing fast access across the emirate. Downtown Dubai is roughly 15 minutes away, and Business Bay is similarly close. The wider MJL community — which includes Lamtara, Rahaal, Jadeel, Asayel, and Al Jazi — is pedestrian-friendly and genuinely family-oriented, with retail, cafes, and beach access within walking distance. Lamaa carries a 50/50 payment plan with handover scheduled for Q4 2025, meaning buyers are close to completion with half the payment deferred to handover. Prices start at AED 2,300,000, placing it in one of Dubai's most sought-after coastal addresses. For investors, MJL commands strong rental demand given its location, lifestyle credentials, and proximity to the Jumeirah hotel strip.
Investment Highlights
Estimated ROI between 5-6% for apartments in Madinat Jumeirah Living
Starting rental yield of AED 85,000 per annum for 1-bedroom apartments
Prime location adjacent to Burj Al Arab with easy access to Sheikh Zayed Road
Family-friendly community with KHDA rated schools within walking distance
Payment Plan
50/50
