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Dubai · Business Bay

Mama Residences by Khamas Group Investment

At a glance

Specifications

Address

Dubai,Business Bay,Mama Residences

Price range

AED 1,400,000–2,500,000

Completion

Ready

Payment plan

20% / 20% / 60%

Property type

Apartment

About this project

Mama Residences, Business Bay: Apartments From AED 1.4 Million

Mama Residences is a residential apartment project in Business Bay, Dubai, developed by Khamas Group Investment. The project offers studios and one- and two-bedroom apartments in one of Dubai's most central mixed-use districts.

Business Bay: Central to Almost Everything

Business Bay sits between Downtown Dubai and the Dubai Water Canal. Residents have direct access to Sheikh Zayed Road and Al Khail Road, putting most of Dubai within 20 to 30 minutes by car. Downtown Dubai, the Burj Khalifa, and Dubai Mall are minutes away. Dubai International Airport is roughly 20 minutes from the district. Business Bay sits adjacent to the DIFC, making it a natural base for professionals working in either employment hub.

The canal waterfront adds outdoor amenity to a district dense with offices and towers. For buyers weighing investment potential, the location places residents within walking or short-drive distance of Dubai's two largest office concentrations.

From Studios to Two-Bedrooms: AED 1.4M to AED 2.5M

The pricing range reflects three distinct buyer tiers.

Studios start at AED 1,400,000, ranging from 473 to 492 square feet. These compact units sit at the entry level of Business Bay and suit investors targeting rental income or professionals who prioritize location over space.

One-bedroom units start at AED 1,700,000, with floor areas between 642 and 654 square feet. This tier suits owner-occupiers who want a step up from a studio without reaching the full outlay of a two-bedroom.

Two-bedroom apartments start at AED 2,500,000, spanning 839 to 907 square feet. At the larger end, that works out to roughly AED 2,756 per square foot. These suit small families, couples, or investors targeting corporate tenants who need the extra room.

Apartments Across Three Configurations

All units are apartments. The spread across studios, one-bedrooms, and two-bedrooms gives buyers options at different capital levels and holding strategies. Studio and one-bedroom buyers tend to be investors or working professionals. Two-bedroom buyers skew toward longer-term owner-users or investors targeting corporate leases.

What the Amenity Set Tells You

Category Amenities
Fitness & Wellness Health Club, Gymnasium
Dining & Retail Restaurants, Retail Facilities
Outdoor & Recreation Landscaped Parks, Children's Play Area
Shared Facilities Shared Pool

Seven amenities cover the standard bases, with one notable detail: a health club and a separate gymnasium. Most projects at this scale offer one or the other. Having both signals a genuine wellness focus. On-site restaurants and retail reduce daily friction for residents, and the children's play area indicates the developer expects a mix of families and professionals, not purely short-stay tenants.

Getting In for 20%

Milestone Amount
Down Payment 20%
During Construction 20%
Post Handover 60%

The headline here is the 60% post-handover portion. Buyers commit only 40% before keys are handed over. That substantially reduces upfront capital exposure during the off-plan period.

For investors, deferring 60% to post-handover creates space to establish rental income before the largest payment falls due. For end-users, it limits financial commitment until the physical product can be seen. A 20% down payment is in line with standard Dubai off-plan market terms, so the real advantage of this structure is the back-loaded balance rather than a low entry point.

Payment plan

Pay as construction progresses

  1. Step 0120%
    Down payment20% paid
  2. Step 0220%
    During construction40% paid
  3. Step 0360%
    Post handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Dec 2023

    Expected Completion
  2. Apr 2024

    Construction Started
Lifestyle

What's on site

Location

Where it sits

Dubai,Business Bay,Mama Residences

Open in Google Maps
FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Mama Residences?

The starting price for apartments in Mama Residences is AED 1,400,000, making it an attractive option in Business Bay, Dubai. This development by Khamas Group Investment offers premium off-plan properties with a maximum price of AED 2,500,000, catering to diverse investment needs.

Q02

What types of properties and prices are available at Mama Residences?

Mama Residences features luxurious apartments with prices ranging from AED 1,400,000 to AED 2,500,000. This price range ensures that buyers can find suitable options that fit their budget while enjoying the benefits of living in a prime Dubai location.

Q03

What is the payment plan for Mama Residences in Business Bay?

Mama Residences offers a flexible payment plan of 20% down payment, followed by 20% during construction and 60% post-handover. This structure allows investors to manage their finances effectively while securing their investment in Dubai real estate.

Q04

When will Mama Residences be ready for occupancy?

Mama Residences is expected to be ready by December 31, 2023. With construction starting in April 2024, this timeline allows buyers to plan their investments accordingly and enjoy their new homes in Business Bay soon.

Q05

Where is Mama Residences located?

Mama Residences is located in the vibrant Business Bay area of Dubai, at Mama Residences, Dubai. This prime location offers easy access to key landmarks and amenities, enhancing the living experience for residents.

Q06

Who is developing Mama Residences?

Mama Residences is being developed by Khamas Group Investment, a reputable name in Dubai's real estate market. Their commitment to quality and innovative design makes this project a promising investment opportunity.

Q07

What amenities are available at Mama Residences?

Mama Residences boasts a variety of premium amenities including a health club, restaurants, retail facilities, landscaped parks, a gymnasium, a children's play area, and a shared pool. These features make it an ideal choice for families and individuals seeking a luxury lifestyle.

Q08

What types of properties are available at Mama Residences?

Mama Residences offers luxurious apartments designed for modern living. These properties provide a unique blend of comfort and style, making them perfect for both residents and investors looking for high-quality real estate in Dubai.

Q09

Is Mama Residences a good investment opportunity?

Yes, investing in Mama Residences offers significant potential for capital appreciation and rental yield in the thriving Business Bay area. With a flexible payment plan and premium amenities, this development presents a compelling option for those looking to buy in Dubai's competitive real estate market.

Q10

How can I book a unit in Mama Residences?

To book a unit in Mama Residences, you can contact our sales team directly or visit our website for more details. With the attractive payment plan and premium amenities on offer, now is a great time to secure your investment in this exclusive development.

Ready when you are

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