Lamaa

The residential complex Lamaa, developed by Meraas, is designed at the intersection of luxury and subtlety, characteristic of the MJL area. This cluster will be part of a safe and progressive community, united by a shared desire to live in a peaceful and cozy place surrounded by flowers, shady palm-lined alleys, and a wide range of amenities, including round-the-clock concierge service.

According to the developer's plan, there will be 350+ luxurious apartments in four buildings. The large apartments, with three and four bedrooms, in addition to essential amenities, feature a separate room for a nanny or housekeeper with its own bathroom. Balconies and terraces in the apartments will become residents' favorite spots to unwind from the urban hustle while enjoying the view of one of the UAE's landmarks - the Burj Al Arab hotel and its surrounding green areas.

On the podium level of Lamaa, boutiques, cafes, mini-markets, a bakery, child development centers, and even a private nursery with qualified caregivers and language classes will be opened. The gated and guarded courtyard will resemble a well-kept park, adorned with exotic vegetation and blooming all year round. The project includes playgrounds for both children and adults, patios, a barbecue area, a club-style gym, a yoga studio, and much more.

Lamaa: A Convenient Address for Exploring the Emirate

Real estate in Madinat Jumeirah Living is in demand among both expatriates who come to work in Dubai and tourists. The Umm Suqeim area, where the complex is being built, boasts excellent transportation connections, allowing residents to reach Global Village or the airport in 20 minutes and the picturesque Dubai Marina Walk in 15 minutes.

A couple of kilometers from the apartments, several private schools operate, and their graduates successfully enter the best global universities. There are also medical centers offering a unique range of health support and recovery complexes.

With a leisurely stroll across a pedestrian bridge with air conditioning, residents can reach Souk Madinat Jumeirah in just a few minutes - a hub of beach entertainment. The UAE's most famous water park, a shopping center with hundreds of stores, a pristine beach with velvety sand, and a rich selection of water activities are all located there.

Economic Attractiveness of Lamaa

Apartments in Lamaa are an investment option for those looking to diversify their portfolio with stable assets in the UAE. The real estate market in the emirate has prospects for active growth as Dubai's ambitious 2040 master plan unfolds. The country's authorities are devoted to strengthening the city's position as a global center for tourism, luxury, cosmopolitan life, and top-notch amenities.

Those who decide to buy apartments during the off-plan sales stage can apply for an investor visa with all the privileges of residency. But even more importantly, it offers the opportunity to preserve and multiply capital, contribute to one's own future with a minimum ROI from rent - starting at 6.9% per annum.

Prices for apartments in the comfortable high-rises of Lamaa start from $463,215 / AED 1,700,000 for a 67 sq. m one-bedroom unit with a view balcony. As for rentals, the initial price for a studio in this resort-style living area with beach aesthetics starts from 20,000 dirhams. Demand for rentals is higher than the available units.

Applications for the investment visa for property can be submitted as soon as the developer announces the project as completed. According to preliminary data, this is expected to happen in early 2026.