Lamar Residences is a premium residential project by the well-known development company; Nine Yards, which is headquartered in the UAE capital. The waterfront development includes four residential 10-storey buildings with a common podium called Tower A, Tower B, Tower C and Tower D. As of April 2023, the stunning complex is completed.
There are 435 units in the residential project. The development of Lamar Residences offers luxurious apartments with 1-3 bedrooms and duplex penthouses with 4 bedrooms for sale. Property sizes within the modern project range from 871 sq. ft to 2,400 sq. ft.
Other types of properties available for sale in the residential complex comprise duplexes with 3-4 bedrooms, as well as simplex, duplex and triplex townhouses with 2-4 bedrooms. Living areas of these spacious duplexes vary from 2,750 sq. ft to 5,700 sq. ft.
All residences in the project offer an abundance of space, light and an open plan layout. Duplex townhouses on the ground level along the waterfront promenade look out over the azure waters, while other residences feature breathtaking views of the gardens, swimming pool and the city.
Residents of the development will enjoy a wide variety of premium amenities, including a leisure deck with gardens, the waterfront promenade, F&B outlets, a games room and a 20,365 sq. ft retail area. Sport lovers will also appreciate the gymnasium and a swimming pool.
The starting price for a 1-bedroom apartment for sale in Lamar Residences constitutes AED 1.2M (USD 327K) as of Q2 2023.
To find out more about prices for other types of real estate in the residential complex, please contact our agents and they will get back to you as soon as possible.
*The price is valid for 2023
The residential development of Lamar Residences has an exclusive location on the picturesque Al Raha Beach in the Al Seef Precinct, near the vibrant area of Khalifa City. The complex is distinguished by its good transport accessibility due to the close proximity of one of the main highways in Abu Dhabi – Sheikh Zayed Bin Sultan St, which provides easy connectivity to other parts of the emirate. Travel time to Abu Dhabi International Airport takes about a 30-minute drive.
Residents of Lamar Residences will enjoy easy access to all the necessary objects of infrastructure, which can be reached within a 10-minute drive. These include Mediclinic Khalifa City, Shefaa Al Madeena Pharmacy, Sunny Meadows Montessori Nursery Khalifa Branch and Raha International School, Gardens Campus.
Spinneys, Sea View Baqala and Super live Baqala supermarkets are all within a 5-minute drive of Lamar Residences. The closest shopping mall is My City Centre Masdar, which takes about a 10-minute drive from the development.
The property in the complex of Lamar Residences is suited for different categories of residents due to the various configurations. For example, the apartments and penthouses which have a modern design are ideally suited for young professionals, whilst the more spacious real estate, such as duplexes and townhouses are more targeted towards families with children.
The development of Lamar Residences provides a luxurious lifestyle with access to numerous amenities. A large retail area and direct access to the vibrant waterfront promenade are the main advantages of living in the residential complex.
Purchasing a residence in the project by Nine Yards can be a profitable investment, which will bring an estimated ROI of 5%. This is a good average indicator for the emirate of Abu Dhabi. The starting rental price for a 1-bedroom apartment in the complex constitutes AED 52K (USD 14K) per annum. In addition, by acquiring a unit in Lamar Residences, property owners will be able to apply for a 10-year UAE Golden Visa, which allows for a family sponsorship.
Our highly-experienced agents at Metropolitan Capital Real Estate will help you to choose and buy the most suitable property in Lamar Residences, both for living and investment. We provide a full range of services related to real estate in the UAE capital and can offer you high-quality legal services, crediting assistance, visa support, and much more.
*The price is valid for 2023
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