AED 1,800,000

Own this from just

7,403 AED/month
1 Bedroom
1 Bathroom
626 sqft / 58 sqm
APARTMENT FOR SALE IN LUXURY FAMILY RESIDENCES II, LUXURY FAMILY RESIDENCES

Burj Khalifa View | Branded Apartment | High ROI

Set to redefine the landscape of Business Bay, Mama Residences is the first Mama Shelter-branded development in Dubai.

Founded back in 2008, the Paris-based Mama Shelter hospitality brand is part of Ennismore, who is the fastest-growing lifestyle hospitality company. As of Q3 2022, there are 16 Mama hotels spread across 14 cities around the world and all combine contemporary art, eccentric concepts, abstract decor, and premium hospitality services. Kappa Acca Real Estate Development, a subsidiary company of Khamas Group, is responsible for the development of Mama Residences.

Payment Plan:
30% On Transfer
10% On Hand Over (2025)
60% 3 Years Post Hand Over

Property Details:
-01 Bedroom Apartment
-01 Bathroom
-Fully Furnished
-Allocated Parking Spaces
-Area: 626.67 Sq ft
-Higher Floor
-Mama Shelter Branded

PROPERTY FEATURES:
-Private Residences Entrance, Lobby, and Lifts, ensuring privacy and access at all times
-State-of-the-art multi-purpose Gym
-4 Outdoor Swimming Pools, swim-up bar, water lounge, and children's pool
-A pool deck to be envied, with multiple poolside bars, DJ Tower, loungers, Cabanas, and play
areas
-Outdoor Amphitheatre with lounge area and entertainment zone
-Multiple signature F&B Outlets, both indoors and outdoors, and a secret invitation-only Hidden
Bar
• Pamper and Treatment Rooms
-Meeting Rooms and Spaces
-Business Centre Facilities

ACCOR Ownership Benefit Programme:

-Exclusive invitation to join the GOLD level of Accor All Limitless
-VIP reservation desk to support travel planning across global network of hotels,
resorts and related hospitality offerings
-Automatic upgrades on arrival across more than 4000 hotels and resorts worldwide (subject to availability)
-20% off of the best available rates at select Accor hotels and resorts worldwide
-On-site and local benefits and privileges

Property details

Property Type

Apartment

Property Size

626 sqft / 58 sqm

Bedrooms

1

Bathrooms

1


Location

Map preview
Luxury Family Residences II
Residential Insights

Price Range:

1.1M-2.6M AED
Business Bay
Community Insights
4/5228 building reviews

Mostly apartments | Luxury | Well connected

Price Range:

400K-750M AED

Price Insights

Transactions for Similar Properties

1 Bed Apartment in Luxury Family Residences II

Sold for

DateAEDArea (sqft)
9 Oct 20241,664,200626
2 Sep 20241,415,000627
1 Jul 20241,503,421627
4 Jun 20241,540,703627
22 May 20241,585,396627

Rented for

DateAED/yearArea (sqft)

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This property costs 2% more than the average price of 1 bedroom in Business Bay

Average Sale Price is 1,771,935 AED

This property is 28% smaller than the average size of 1 bedroom in Business Bay

Average size is 872 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

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Eminence Real Estate

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Response time

within 15 minutes

Experience

15 years

Languages

English, Arabic, Persian/Farsi

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Monthly payment

7,403 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

ES-480

Listed

1 month ago

Broker License

12845

Zone name

Business Bay

DLD Permit Number:

71440011641

Agent License

50422

DLD Permit Number

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Own this property from just

7,403 AED /month

Fixed rates from: 3.75%

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