Mama Residences Property Development By Khamas Group Investment

Last Updated on: 7th December 2024, 04:14 am

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Mama Residences represents a significant milestone in luxury residential offerings, brought to life by Khamas Group in the heart of Business Bay, Dubai. This premium property development spans an impressive 26-story tower, showcasing a diverse selection of units, including premium studios and one to two-bedroom apartments. With the inclusion of modern smart home technologies, Mama Residences elevates the concept of living by seamlessly merging convenience and luxury into everyday life¹. For those seeking property investment opportunities, this development stands out not merely for its architectural beauty but also for its potential to yield returns, given its prime positioning near Dubai’s bustling business hubs and cultural landmarks².

Set to redefine luxurious living, Mama Residences is designed to offer a vibrant community lifestyle while providing easy access to essential locations such as Dubai Mall, Burj Khalifa, and the Dubai Opera². With a commitment to quality and elegance, Khamas Group seeks to attract both local and global investors eager to secure a piece of Dubai’s rising property market. The expected delivery date for this architectural gem is set for Q2-2024, ensuring timely completion without compromising on quality¹.

Key Takeaways

• Mama Residences features a 26-story tower with a variety of apartments.
• Located in the vibrant area of Business Bay, it ensures easy accessibility to major landmarks.
• The advanced design integrates smart-home technologies for modern living.
• Property investment opportunities are enhanced by a projected ROI of 8 to 10%.
• Offering a unique blend of luxury and community living, its amenities include swimming pools and a gymnasium.
• Flexible payment plans make it an attractive option for various potential buyers.
• Exclusive features such as a gourmet bar enhance the living experience for residents.

Overview of Mama Residences Property Development

Mama Residences is a luxurious property development spearheaded by Khamas Group, a prominent player in the Dubai real estate sector. This development is recognized for its exceptional commitment to delivering exquisite architecture combined with modern luxuries.

Introduction to Khamas Group

Khamas Group is an influential entity in the realm of Dubai real estate projects, with interests spanning over 120 enterprises across the UAE. The group’s dedication to quality and innovation has paved the way for their ongoing success in the real estate market.

Key Highlights of Mama Residences

The Mama Residences property development boasts a strategic location in Business Bay, featuring a 27-storey structure that includes 203 residences and 197 hotel rooms. With over 70% of construction completed, the expected handover date for this prestigious development is projected for June 2024, making it a highly sought-after addition to Dubai’s skyline³.

Prices for a one-bedroom apartment start at AED 1,720,000 (USD 470,000), offering exclusive real estate offerings that allow for 100% ownership and the possibility of applying for a residence visa once the project is completed⁴. Additionally, the development provides diverse apartment options, including 87 studio units, 88 one-bedroom apartments, and 28 two-bedroom units, catering to a variety of investor preferences³.

Features of the Development

Mama Residences showcases state-of-the-art amenities that promote comfort and convenience. Residents can enjoy four outdoor swimming pools, a well-equipped gymnasium, children’s play areas, and relaxing spa treatment rooms. The property includes business centers suitable for professionals, enhancing the overall living experience⁴.

For lifestyle needs, residents will find medical facilities such as Emirates Hospital Clinics and Advance Europe Medical Center within a ten-minute driving radius⁴. Shopping is uncomplicated with options including local stores and larger malls like Bay Avenue Mall and Dubai Mall situated nearby, easily accessible within 10 minutes by car⁴.

Mama Residences not only focuses on luxurious living but also offers a strategic location with well-connected transport options, allowing quick access to essential destinations in Dubai. Marasi Drive, Al Khail Road, and Sheikh Zayed Road provide connectivity to Downtown Dubai in under ten minutes, while accessibility to Dubai Airport is within a 20-minute drive⁴.

Mama Residences: Luxurious Living in Business Bay

Mama Residences is perfectly situated in the heart of Business Bay, offering residents an exceptional blend of convenience and luxury. This vibrant area is renowned for accessibility to major business hubs and attractions, ensuring a prestigious living environment. The development provides stunning views of iconic landmarks such as Burj Khalifa and Dubai Mall, enhancing the experience of luxurious living in Business Bay. With close proximity to Dubai International Airport, the location truly supports a high-end lifestyle.

Prime Location and Accessibility

Business Bay is a bustling area that features a wealth of dining, retail, and recreational options, making it an ideal place to call home. Residents of Mama Residences enjoy easy access to key locations like the Mall of the Emirates and Jumeirah Beach. The strategic location combined with exceptional public transport options makes it a desirable location for those seeking luxury homes in Dubai.

Amenities and Services Offered

The range of amenities and services at Mama Residences is impressive, tailored to enhance the everyday lives of its residents. Options include multiple swimming pools complete with swim-up bars, an outdoor amphitheater, and a state-of-the-art gym featuring treatment rooms. Residents can indulge in other exclusive amenities such as a gourmet secret bar, cycling tracks, and a luxurious spa. The development also includes cafes, a clubhouse, and a lobby lounge, creating a truly high-end living space.Experience the full array of amenities available at Mama Residences, including flexible payment plans that cater to various needs.

Whether it’s the exceptional amenities or the prime location, Mama Residences promises an upscale lifestyle that meets the desires of modern living. The project is set to feature studio, 1, 2, and 4-bedroom options, accommodating various lifestyle needs. The building’s 27-story structure offers a sense of grandeur, further adding to the appeal of these luxury homes in Dubai. Completion is anticipated in Q4 2023, allowing prospective residents to look forward to settling into their new, vibrant community soon.

With payment options like a 50/50 payment plan available and 100% down payment choices, owning a piece of this luxury development becomes increasingly accessible. For those looking for a comfortable and stylish living experience enriched by top-notch amenities and services, Mama Residences stands out as a leading choice in the heart of Business Bay, promising luxurious living in Dubai²⁵.

Conclusion

Mama Residences is poised to redefine luxury living in Dubai’s energetic Business Bay. This property development by Khamas Group Investment not only emphasizes upscale accommodations but also showcases state-of-the-art amenities that cater to modern residents. With a diverse selection of units ranging from studios to two-bedroom apartments, Mama Residences presents compelling property investment opportunities for those looking to capitalize on the growth of luxury residential properties in Dubai.

The prime location enhances the appeal of Mama Residences, providing residents seamless access to key commercial hubs and lifestyle destinations. As construction progresses toward its anticipated completion in Q2-2024, potential homeowners and investors can look forward to a community-focused atmosphere complemented by high-end services and innovative smart home technologies. To explore more about the attractive elements that make this development a standout, you can check out additional insights here.

Ultimately, Mama Residences represents a unique blend of modern design and a commitment to exceptional living experiences, establishing itself as a premier choice in the competitive Dubai real estate market. By offering a luxurious lifestyle along with community engagement, this development stands out in shaping the future of refined living in a dynamic urban landscape. With its impressive features and strategic location, Mama Residences is indeed the hallmark of luxurious living in Dubai⁶.

Source Links

1. https://www.propertyfinder.ae/en/new-projects/khamas-group-investment/mama-residences
2. https://keltandcorealty.com/property/mama-residences-at-business-bay/
3. https://www.bayut.com/mybayut/mama-residences/
4. https://abudhabioffplan.ae/business-bay/mama-residences
5. https://mullerandco.com/project/mama-residences/
6. https://www.iamnotastalker.com/2009/04/03/the-mamas-family-house/