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MJL LAMAA

MJL LAMAA

Properties for Sale
1 850 000 AED - 8 292 000 AED
Location Madinat Jumeirah living, Dubai
Type Development
Completion date IV quarter, 2025 (Off-plan)
1 bedroom min. 1 850 000 AED
2 bedrooms min. 3 000 000 AED
4 bedrooms min. 8 107 000 AED
Living space 68 - 306 m²
Advantages
Beautiful view
Type of buildings:
Premium
Prestigious neighborhood
Madinat Jumeirah Living
50% after commissioning of the property
Completion date
Q4 2025

MJL Lamaa Residential Complex in Dubai

MJL Lamaa is a residential complex announced in the third quarter of 2022, which will be built in 2025 in the coastal area of Dubai Madinat Jumeirah Living. The residential complex under construction consists of four buildings of different storeys connected in the podium area. The developer of the project is Meraas, a developer known for its elite residential complexes.

Various facilities will be available on the territory of the building, such as:

  • a large swimming pool on the outdoor terrace with sun loungers and cozy relaxation areas;
  • an exquisitely decorated lobby;
  • a barbecue area;
  • a fitness center;
  • playgrounds for children;
  • a kindergarten;
  • open spaces and parks for recreation;
  • a central footpath;
  • a 24/7 security system;
  • parking.

In addition, residents of MJL Lamaa in Dubai will have direct access to the exclusive Madinat Jumeirah resort with hotels, beaches, and Oriental-style markets.

The new residential complex will be an excellent option for families with children as there are several schools in the vicinity with a good KHDA rating. Within walking distance from the residential complex are the British primary school Kings’ School Dubai and the international school Raffles International School Dubai, teaching children from the first to the thirteenth grade, and various other educational institutions.

Real estate in MJL Lamaa, Dubai, UAE

372 residential real estate from Meraas will be on sale in the new residential complex. Buyers will be able to choose a suitable option among apartments offering either one to four bedrooms. The total area of the apartments varies from 67 m² to 328 m². All apartments have spacious balconies or terraces, allowing residents to enjoy spectacular views of the green parks of the area and the famous coastal hotel-sail Burj Al Arab.

The interior decor of the apartments is in a light color scheme using high-quality materials. The apartments have large panoramic windows, making the living areas brighter and providing an unobstructed view of the surrounding area.

Real estate for sale in MJL Lamaa

Today you can buy an apartment in a residential complex under construction at the developer's price. The minimum cost of apartments in the residential complex is 1 455 000 AED (396 000 USD). For this price, you can buy a one-bedroom apartment. A two-bedroom apartment will cost 2 178 000 AED (593 000 USD). It is worth noting that when buying a property of 2 million AED (544,500 USD), a buyer who is not a citizen of the UAE can get a «Golden Visa», for 10 years with the possibility of repeated extension.

As construction nears completion, apartment prices will rise, so check the current data in the website catalog or with our specialists.

Buyers of real estate in MJL Lamaa at the construction stage can take advantage of a convenient payment scheme:

  • 20% of the amount when booking;
  • 10% in March and September 2023;
  • 10% in June 2024;
  • 50% after the commissioning of the complex in 2025.

Location

  • Close to the bus stop
  • Close to shopping malls
  • Close to the city centre
  • Close to schools
  • Close to the kindergarten
  • Prestigious district
  • Great location
  • Close to a river or promenade
  • Sea nearby
  • City view
  • Beautiful view

Features

  • Panoramic windows
  • Panoramic glazing
  • Terrace
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Recreation area
  • Fitness room
  • Elevator

Outdoor features

  • CCTV
  • Security
  • Children's playground
  • Children's pool
  • Landscaped garden
  • Landscaped green area
  • Transport accessibility
  • Social and commercial facilities
  • Car park
  • Swimming pool
  • Common area with pool

Real estate in MJL Lamaa

Lifestyle

The owners of apartments in MJL Lamaa are waiting in anticipation for their comfortable resort-style life. The complex has all the amenities for recreation, sports, and entertainment. There are a lot of green spaces to provide coolness and shade, which allows you to comfortably walk outside even on hot days.

With the help of an extended pedestrian air-conditioned bridge, the residential complex connects to the largest five-star resort in Dubai, the Madinat Jumeirah Resort. Here you will find numerous cafes and restaurants, summer houses, a turtle sanctuary, boutique hotels, as well as many landscaped gardens and Venetian waterways.

Advantages of MJL Lamaa

The new residential complex has several advantages. It boasts a good location, close to the coast of the Persian Gulf, and a large resort area. There are several bus stops within walking distance of the residential complex. A 15-minute drive away is the huge Mall of the Emirates, where there is an indoor ski center, numerous shops, food outlets, and entertainment venues.

An important advantage of the housing in MJL Lamaa is the numerous amenities on the territory of the complex. Residents can play sports, swim in the pool, play with children, and spend time with loved ones in cozy recreation areas. Another advantage of the complex is the magnificent views of the Persian Gulf horizon and the famous sail hotel from the windows and balconies of the apartments.

Apartments in MJL Lamaa

Apartments in a new building in MJL Lamaa have a functional layout with spacious rooms, built-in wardrobes in the bedrooms, and additional utility rooms.

The one-bedroom apartment has an open kitchen, a large living room with a dining area, and access to a balcony, as well as a laundry room.

The two-bedroom apartment has a kitchen with an island, a large living room with a dining area, a laundry room, a dressing room, and a balcony.

The layout of the three-bedroom apartment includes a kitchen with an island, a spacious living/dining room, a guest bathroom, a maid's room with a bathroom, a pantry, a laundry room, a dressing room, and two balconies. The four-bedroom apartments will have similar amenities available and an additional balcony.

Completion of construction

At present, the residential complex is still under development. The construction is planned to be completed in the fourth quarter of 2025. This allows interested buyers and investors to buy an apartment at a bargain price, as well as take advantage of payment in installments with no interest or overpayments.

As a respected developer with an extensive portfolio is engaged in the development of the project, buyers can be sure of strict compliance with the construction deadlines and the following of the master plan. You can get acquainted with the visualization of the exteriors and interiors of the residential complex on our website today. You can also constantly check with our specialists at what stage of construction the property is.

Real estate in MJL Lamaa for investment

The purchase of real estate in MJL Lamaa is a reliable way to invest. At present, housing in the new residential complex is available for purchase in full private ownership not only to UAE citizens but also to foreigners.

For those interested in long-term investment, it is worth paying attention to the rental business. The owners of apartments in the new residential complex will be able to rent them out, receiving a stable profit. In the third quarter of 2022, the average annual income from renting one-bedroom apartments was 5.9%.

Investors who purchase real estate at the price of Meraas can sell the finished apartment after putting the building into operation, earning up to 20% of the market value of the property.

Location
Mina A Salam Madinat Jumeirah
1.4 km
School
1000 m
ATM machine
1.4 km
Burj Khalifa
14.2 km
Pharmacy
1.4 km
Airport
26.5 km
History of Cinema Museum
6.2 km
Sea
1.9 km
Madinat Jumeirah living

Madinat Jumeirah living is a prestigious coastal area located near the seashore and the Madinat Jumeirah Resort complex. There is always an atmosphere of a relaxed resort life. Residential buildings are surrounded by landscaped areas and parks, and on the territory are places for recreation for children, and also sports grounds.

Residents of the area can walk to the beaches, the huge Wild Wadi Water Park, the five-star Burj Al Arab Hotel, and numerous coastal restaurants, and cafes. The area is a ten-minute drive from the Dubai Media City area, the Palm Jumeirah archipelago, and the Dubai Marina yacht community.

Video

Payment plan

20%
On Booking
10%
March 2023
10%
September 2023
10%
June 2024
50%
On Handover

MJL LAMAA development properties

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Developer Meraas Holding LLC

41All objects of the developer
2007Founded in

Meraas Holding LLC is a large holding company founded in Dubai in 2007 and is a well-known developer in Dubai. The company owns residential buildings, restaurants, retail outlets, and other commercial buildings. Among the popular complexes of the developer, it is worth noting the luxurious Bluewaters Residences residential complex on the island with the largest Ferris wheel in the UAE, the coastal resort-style complex Port de La Mer Residences, the elite designer residential complex Bvlgari Resort & Residences, located on a private island, and many other exclusive projects in the prestigious areas of Dubai.

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