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ReadyApartments
Lamtara (Madinat Jumeirah Living)
Madinat Jumeirah Living (Umm Suqeim) · Dubai — by Meraas / Dubai Holding
Price from
AED 2.2M – AED 11M
Bedrooms
1–4BR
Handover
Ready
Price / sqft
~5.4% yield
Lamtara is an early building cluster within Madinat Jumeirah Living, the freehold district facing Burj Al Arab, launched around 2019 and handed over in 2023. Scarcity of freehold stock in Umm Suqeim has driven notable capital appreciation across the community.
Why it makes lists
- Freehold enclave opposite Burj Al Arab and Madinat Jumeirah
- Pedestrian bridge access to the Madinat resort and souk
- Consistently strong resale premiums since handover
Payment structure
50/50 (original)
Booking / down payment10% · AED 220,000
During construction40% · AED 880,000
On handover50% · AED 1,100,000
Original plan; buildings delivered and occupied. Figures shown against the entry price; confirm the current schedule with our desk.
DLD fee (4%)
AED 88,000
Trustee + admin
≈ AED 4,500
All-in entry estimate
AED 312,500
MR
Meraas
Tier 1 developer · Master-developer of City Walk, Bluewaters and La Mer destinations; 80+ million sq ft developed in Dubai · since 2007
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