Lamaa Building 1
Umm Suqeim , Dubai
AED 1,455,000
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AED 1,455,000
Free Residency Visa Eligible
Description
Lamaa Building 1 is an upcoming apartment building within Madinat Jumeirah Living by Meraas, ideally positioned just a brief stroll away from Dubai's mesmerizing coastline. This development offers a remarkable opportunity to own luxurious, freehold apartments ranging from 1 to 4 bedrooms, nestled within a lively and inviting community. Against the backdrop of the iconic Burj Al Arab, this exclusive project provides all the essentials for a contemporary and laid-back lifestyle, blending opulence with comfort seamlessly.
Designed with meticulous attention to detail, Lamaa 1 in Madinat Jumeirah Living boasts chic interiors and state-of-the-art amenities, elevating everyday living to new heights. Begin your day with captivating views of the Arabian Gulf's crystal-clear waters and unwind in the serenity of your private retreat at dusk. Lamaa Building 1 offers a plethora of opportunities for crafting unforgettable experiences, whether you seek relaxation or adventure.
The apartment building comprises residential units that are thoughtfully appointed with an abundance of facilities. Each bedroom type features unique layouts while offering similar services. These residences showcase expansive living areas, ensuite bedrooms, well-equipped kitchens and balconies. Residents can immerse themselves in the vibrant energy of the city or find solace amidst its tranquil natural surroundings. Moreover, the fusion of urban sophistication and coastal allure of Lamaa Building 1 promises an experience filled with boundless possibilities and the appeal of a fulfilling life.
With its prime location and rich cultural surroundings, Madinat Jumeirah Living Lamaa 1 invites you to make it your home. Its premier location and exceptional amenities epitomize luxury living in Dubai. Strategically positioned near Umm Suqeim Street (D63), residents can reach the city centre within a convenient 20-minute drive. Additionally, quick access to Sheikh Zayed Road (E11) and Al Khail Road (E44) further enhances connectivity. Nearby landmarks such as Souk Madinat Jumeirah, Burj Al Arab and Wild Wadi Water Park add to the lifestyle opportunities available to residents, enriching the experience of living in this vibrant community. Consider this exquisite residence as your sanctuary in the heart of Dubai's dynamic landscape, where every moment is infused with sophistication and possibility.
Amenities & Features
Gym or Health Club
Swimming Pool
Kids Play Area
Payment Plan
20%
Down Payment
30%
During Construction
50%
On Handover
Property Details
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 98,940
Service Charges (Est)-AED 11,025
Net Annual
IncomeAED 87,915
Net Annual ROI5.7% (after expenses)
Payback Period17.6 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 km
Dubai Mall11.4 km
Dubai Airport (DXB)22 km
Mall of the Emirates1.4 km
Dubai Marina7.8 km