Lamaa 4
4 BR · Apartment
Where it is
The pin is placed by district — I send the exact address on request.
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 NP16-550811
How much is this 4-bedroom apartment in Lamaa 4?
Lot NP16-550811 is priced at AED 11 000 000, about $2 995 000. The size is 2 789 sq ft (259 m²), which works out at AED 3 944 per sq ft.
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. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Lamaa 4?
The database holds 4 lots in Lamaa 4 right now, from AED 2 100 000 to AED 11 000 000. At AED 3 944 per sq ft this lot is 38% above the median for the other lots in the project (AED 2 859).
Is this expensive or cheap for Madinat Jumeirah Living?
The database holds 52 lots in Madinat Jumeirah Living, starting from AED 2 100 000. The area median is AED 3 092 per sq ft; this lot, at AED 3 944, is 28% above it. 8 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 →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 3 300 000; a loan of AED 7 700 000 over 25 years at 3.75–4.99% a year comes to roughly AED 39 600–45 000 a month. A non-resident puts down from 40% (AED 4 400 000) and pays about AED 33 900–38 500 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 440 000 for this lot. 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 11 000 000. 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 NP16-550811 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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