Easy 50/50 Payment Plan from Meraas Properties
All units with meticulously designed interiors and superior finishing will have private terraces and spacious bedrooms. The layout of 3 & 4BR apartments and several 2-bedroom residences also include a maid’s room. The total number of residences in the Al Jazi complex constitutes 378, and living areas range from 727 to 4,128 sqft.
Lamaa at Madinat Jumeirah Living is a newly launched residential development, which consists of four buildings varying in heights and shared with a shared podium. Properties in the complex are presented by 1, 2, 3 and 4-bedroom apartments.
Properties in MJL Lamaa are distinguished by open plans and huge terraces toward the inner courtyards of Lamaa. Residents of the complex will be able to enjoy stunning views of Burj Al Arab, Jumeirah Beach, as well as the skyline of Jumeirah area.
Apartments in MJL Lamaa are ideally suited for young couples and families with children due to the family-friendly and pedestrian environment, which is safe for children. Various amenities of the new project at MJL include children’s playgrounds, gyms, pool deck as well as a series of interconnected, human scale spaces, which lead visitors and residents on a journey of discovery. Residents of the Lamaa complex will have easy access to different parts of Dubai due to the proximity of Sheikh Zayed Road.
The Lamaa complex is located in the community of Madinat Jumeirah Living (MJL), the master plan of which also includes Jadeel, Rahaal, Asayel, Lamtara and Al Jazi sub-communities. A central pedestrian walkway meanders through the expansive neighbourhood and provides access to private community entrances. Residents of Lamaa will have access to communal roof terraces with BBQ areas, which offer stunning views of Madinat Jumeirah, Burj Al Arab and the sea.
The Lamaa sub-community is located near Jumeirah Street and Umm Suqeim Street, and neighbouring districts include Al Sufouh 1 and Umm Al Sheif. Residents of Lamaa will also enjoy easy accessibility to Souk Madinat Jumeirah via an air-conditioned pedestrian bridge, as well as Umm Suqeim Beach, Wild Wadi Waterpark and Mina A Salam Madinat Jumeirah mall.
Proximity To Landmarks
The Lamaa in MJL provides residents a quiet and serene living environment surrounded by lush greenery. The modern apartments with different layouts in the complex are suited both for young professionals and families with children. The starting rental cost for a 1-bedroom apartment constitutes AED 94,000 per year. Therefore, the estimated ROI will be at level 6-7%. By purchasing a property in MJL Lamaa, investors will be eligible to apply for a UAE Golden Visa, with benefits that include a long residency in the country, as well as 100% business ownership by foreigners on the UAE’s mainland.Disclaimer
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