Home / Properties / Lamaa Building 3

Lamaa Building 3

Umm Suqeim , Dubai

AED 1,455,000
≈ AED 1,455,000
Free Residency Visa
Construction Progress84%
Bedrooms
1
Size
704 sqft
Price/Sqft
AED 2,067
Developer

Description

Madinat Jumeirah Living is thrilled to present Lamaa 3, a development by Meraas, ideally located a brief stroll from Dubai's stunning coastline. This provides a unique opportunity to secure ownership of luxurious, freehold apartments, ranging from 1 to 4 bedrooms, in a lively and friendly neighbourhood. With the iconic Burj Al Arab skyline as its backdrop, this exclusive off-plan project provides all the essentials for a contemporary, laid-back lifestyle.

Experience the perfect fusion of luxury and coziness in one of Dubai's most sought-after locations. Lamaa 3 in Madinat Jumeirah Living has been meticulously crafted with stylish interiors and cutting-edge facilities to enhance your living experience. Begin your day with mesmerizing views of the crystal-clear Arabian Gulf waters and retreat into the peacefulness of your personal haven at sunset. Lamaa 3 offers a wealth of possibilities for creating unforgettable moments, whether your preference is relaxation or adventure.

Each apartment within the complex comes generously furnished with plenty of amenities. Different layouts are available for each type of bedroom, all equipped with similar comforts. These apartments offer spacious living areas, bedrooms with attached bathrooms, a fully fitted kitchen and a balcony. Residents can either engage in the city's pulsating rhythm or retreat to its tranquil natural environment. They can also soak in the blend of urban elegance and seaside allure that Lamaa 3 offers as a residence. Every moment here is filled with potential and the appeal of a fulfilling life.

With its perfect setting and vibrant cultural backdrop, Madinat Jumeirah Living Lamaa 3 invites you to consider it as your home. The prime position and high-end amenities of Lamaa 3 embody the epitome of luxury living in Dubai. It is strategically located near Umm Suqeim Street (D63) providing easy access to the city centre within a 20-minute drive. Furthermore, residents can quickly access Sheikh Zayed Road (E11) and Al Khail Road (E44) in a short drive. Nearby noteworthy landmarks include Souk Madinat Jumeirah, Burj Al Arab and Wild Wadi Water Park. These attractions not only enrich the lifestyle opportunities but also contribute to the overall charm of the apartment building.

Amenities & Features

Gym or Health Club
Swimming Pool
Kids Play Area

Property Details

Property TypeApartment
DeveloperMeraas
ProjectLamaa Building 3
CommunityUmm Suqeim
CompletionOff-Plan - Q1 2026
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 1,455,000
DLD Fee (4%)AED 58,200
Trustee FeeAED 4,200
Agency (2%)AED 29,100
Total InvestmentAED 1,546,500

Expected Annual Returns

Expected Annual RentAED 119,310
Service Charges (Est)-AED 10,560
Net Annual IncomeAED 108,750
Net Annual ROI7.0% (after expenses)
Payback Period14.2 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa11.1 km
Dubai Mall11.4 km
Dubai Airport (DXB)22.1 km
Mall of the Emirates1.3 km
Dubai Marina7.7 km