−8% Lamaa Building 1
1 BR · Apartment · 1 bathroom
Price history
Listed since 14 October 2026. The price has been cut once — dates and figures from the listing itself.
- 17 October 2026 AED 2 000 000
- 22 October 2026 AED 1 850 000 -7%
About the building
10-storey residential building in Lamaa.
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 NP4-536027
How much is this 1-bedroom apartment in Lamaa Building 1?
Lot NP4-536027 is priced at AED 1 850 000, about $504 000. The size is 747 sq ft (69 m²), which works out at AED 2 477 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 2 000 000 to AED 1 850 000: AED 150 000 less, or 7%. It was cut once. On the market since 14 October 2026.
How does this price compare with other lots in Lamaa Building 1?
The database holds 3 lots in Lamaa Building 1 right now, from AED 1 850 000 to AED 5 300 000. At AED 2 477 per sq ft this lot is 14% below the median for the other lots in the project (AED 2 881).
Is this expensive or cheap for Madinat Jumeirah Living?
The database holds 52 lots in Madinat Jumeirah Living, starting from AED 1 850 000. The area median is AED 3 050 per sq ft; this lot, at AED 2 477, is 19% below it. 13 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 20%, here AED 370 000; a loan of AED 1 480 000 over 25 years at 3.75–4.99% a year comes to roughly AED 7 600–8 600 a month. A non-resident puts down from 40% (AED 740 000) and pays about AED 5 700–6 500 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 74 000 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 150 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Lamaa Building 1?
The building has 10 floors and 90 units. Figures are from the project passport: Propsearch and the Dubai Land Department.
What does the seller say about the property itself?
From the listing: bathrooms — 1.
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 NP4-536027 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Lamaa Building 1
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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