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MJL

Lamaa

3 BR · Apartment

About the building

Located in Madinat Jumeirah Living.

What the building has

  • Barbecue area

Specifications for Lamaa per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

Where it is

The pin is placed by project — accurate to the development, not the door.

Madinat Jumeirah Living

Madinat Jumeirah Living: a low-rise Arabesque community opposite Burj Al Arab, and one of the few genuinely walkable places in Dubai.

  • walkable low-rise living
  • end-user resale demand
  • long-term holds

What to check: Orientation within the courtyard matters more than floor level here, and afternoon sun exposure varies considerably between buildings. View at the time of day you would actually use the terrace.

Full district guide →

Questions and answers about lot NP1-453088

How much is this 3-bedroom apartment in Lamaa?

Lot NP1-453088 is priced at AED 5 150 000, about $1 402 000. The listing does not state a size, so no price per square foot is given.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price.

What are prices like in Madinat Jumeirah Living?

The database holds 47 lots in Madinat Jumeirah Living, starting from AED 1 700 000. The area median is AED 3 108 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 6 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Madinat Jumeirah Living area guide →

Is the property ready or still under construction?

According to the listing, the property is ready.

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 30%, here AED 1 545 000; a loan of AED 3 605 000 over 25 years at 3.75–4.99% a year comes to roughly AED 18 500–21 100 a month. A non-resident puts down from 40% (AED 2 060 000) and pays about AED 15 900–18 000 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 206 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 5 150 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP1-453088 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

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