Lamtara in Madinat Jumeirah Living - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Lamtara

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	72	30,679	2,200,000
2	126	35,130	4,425,000
3	200	48,022	9,600,000

Rents in Lamtara

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	72	1,880	134,903
2	135	1,561	210,000

The cap rate (rental yield) of investments into Lamtara project is 4.4% on average.

The price of an apartment in Lamtara is 39,443 AED/sqm on average.

The long term rent of an apartment in Lamtara is 1,726 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Lamtara is 2,200,000 AED or 30,679 AED/sqm.
Price for completed 2 bedroom apartment in Lamtara is 4,425,000 AED or 35,130 AED/sqm.
Price for completed 3 bedroom apartment in Lamtara is 9,600,000 AED or 48,022 AED/sqm.

Rent for 1 bedroom apartment in Lamtara is 134,903 AED or 1,880 AED/sqm.
Rent for 2 bedroom apartment in Lamtara is 210,000 AED or 1,561 AED/sqm.

About Lamtara

'Lamtara' in 'Madinat Jumeirah Living' area project description

Madinat Jumeirah Living is a luxurious residential development located in the heart of Dubai. The project is located in the Jumeirah Beach Residence district, which is one of the most sought-after locations in the city. The project is developed by Meraas, a leading real estate development company in the UAE. The development consists of five towers, each offering stunning views of the Arabian Gulf and the Dubai skyline.

The project offers a range of luxurious apartments, ranging from one, two and three bedroom units to penthouses. All apartments are designed to the highest standards, with modern interiors and luxurious finishes. The apartments feature spacious living areas, fully-equipped kitchens, and balconies with stunning views. The development also offers a range of amenities, including a swimming pool, gym, sauna, steam room, and a children’s play area.

The development is located in close proximity to a number of attractions and amenities. The Jumeirah Beach Residence district is home to a number of restaurants, cafes, and bars, as well as a range of shopping and entertainment options. The area is also home to a number of parks and beaches, making it an ideal location for those looking to enjoy the outdoors.

Madinat Jumeirah Living is an ideal choice for those looking for a luxurious and convenient lifestyle in Dubai. The development offers a range of luxurious apartments, as well as a range of amenities and attractions. The development is located in a prime location, making it an ideal choice for those looking for a luxurious lifestyle in the heart of Dubai.

Q&A on Lamtara

What are the advantages of 'Lamtara' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Madinat Jumeirah Living is located in the heart of Dubai, close to major attractions such as the Burj Khalifa, Dubai Mall, and the Dubai Marina. This makes it an ideal location for real estate buyers who want to be close to the action.

2. Luxury Amenities: The project offers a range of luxury amenities, including a private beach, a world-class spa, and a selection of restaurants and bars. This makes it an attractive option for those looking for a luxurious lifestyle.

3. High-End Finishes: The project features high-end finishes and materials, such as marble and granite, which add to the overall appeal of the property.

4. Investment Potential: With the increasing demand for luxury properties in Dubai, Madinat Jumeirah Living offers a great investment opportunity for real estate buyers. The project is expected to appreciate in value over time, making it a sound investment.

What projects are better than 'Lamtara' project in Dubai which are located close by, and why?

1. Rahaal:
- Situated within Madinat Jumeirah Living itself.
- Offers similar luxurious and Arabian-inspired architecture.
- Potentially larger units and better views of the Burj Al Arab.

2. Jadeel:
- Located in the same community, providing an immersive cultural and resort-like experience.
- Offers upgraded amenities and a more intimate community setting.
- Often features more modern interiors while retaining traditional exteriors.

3. Asayel:
- Another neighboring project within Madinat Jumeirah Living.
- Features extensive landscaping, courtyards, and winding walkways, enhancing the community vibe.
- Higher-end finishes and spacious floor plans compared to some other developments.

4. Rimal Residences:
- Close proximity to Madinat Jumeirah Living with modern designs.
- Focus on more contemporary architecture with a blend of luxury.
- Superior amenities such as rooftop gardens, state-of-the-art gyms, and exclusive lounges.

5. Al Naseem Residences:
- Known for a serene environment with premium views of the sea and easy access to the beach.
- High-end finishes and larger living spaces.
- Part of a master-planned community with a focus on exclusivity and privacy.