Lamar Residences
About Lamar Residences
(sq. ft.)
Lamar Residences is a family-run complex by Aabar Properties in Al Raha Beach. This exquisite complex consists of four buildings that are united by a common podium. Nearby there is a shop, a beauty salon and Hope Island Park.
Lamar Residences comprises 435 residences – duplexes, townhouses and 1-4 bedroom apartments. Properties range in size from 484 sq. ft. to 4,250 sq. ft.
The luxury residences have bedrooms with fitted wardrobes and en-suite bathrooms, a living room, dining room, open kitchen and a balcony with magnificent views of Al Raha Creek.
Lamar Residences offer residents services and facilities, including:
- parking;
- 24-hour security;
- central air-conditioning;
- fitness room;
- separate pools for adults and children;
- sauna;
- steam rooms;
- landscaped gardens;
- rooftop gardens;
- maintenance;
- concierge service;
- private access to the beach;
- huge patio;
- children’s playgrounds and sandpits;
- ground floor retail outlets.
Prices in Lamar Residences
In Q1 2023, properties in Lamar Residences can be bought from AED 650,000 (USD 177,000).
*The price is valid for 2021
Property Information
- Location Al Raha Beach, Abu Dhabi, UAE
- Status of Project Completed
- Type of Project Residential Building
- Units 1-4BR Apartment, Duplexes & Townhouses
- Area from 484 sq. ft.
- Total Amount of Unit 435
Why invest in Lamar Residences
Al Raha Beach is an area away from the hustle and bustle of the metropolis, yet it has everything you need for a comfortable life – cultural, shopping, entertainment and social venues. That is why residential properties in this area are attracting the attention of many Abu Dhabi residents, as well as those who are planning to move to the UAE capital.
Al Raha Beach also benefits from its freehold status, which allows not only locals but also foreigners to invest in real estate.
The advantages of Lamar Residences are many:
- It is located on the banks of Al Raha Creek with access to a private beach.
- The complex has great views of the coastline.
- There are numerous sports facilities, such as a gym, badminton and volleyball courts, yoga area, bike paths, etc.
- The complex is closed to the public and video surveillance is in place.
Lamar Residences has a return on investment of 6.5-7.6%. The most profitable investment is the purchase of a one-bedroom apartment: the investor can expect an ROI of 7.6%.
If you plan to rent your apartment long-term, you will earn an income of AED 45,000 (USD 12,000) per year.
*The price is valid for 2021
Shops and Supermarkets
Bite Super Market and West Alliance Baqala Supermarket are a 5-10 minute walk away.
Freshlandia Supermarket, West Alliance Baqala Supermarket, Viva and Al Bahor Mini Mart are all less than a 5-minute drive away. Clothing and home decor shops, dry cleaning and a pharmacy are also within the same distance.
Nurseries, Schools, Hospitals
Odyssey Nursery and Al Shohub School are a 10-minute drive from Lamar Residences. University students attend Khalifa University.
Al Noor Hospital Medical Center, Yas Clinic Khalifa City, Amana Healthcare Medical & Rehabilitation Hospital and NMC ProVita International Medical Center are all less than 10 minutes away by car or taxi.
Location
The nearest bus stop is Al Rahah St/Al Raha Creek, which is a 2-minute walk away. Buses 170 and 175 stop here.
Sheikh Zayed Bin Sultan St is a 5-minute drive away. This motorway allows access to all areas of the emirate.
The nearest Abu Dhabi attraction, Ferrari World Park, is a 15-minute drive away. Abu Dhabi International Airport can be reached in 10 minutes by car or taxi.
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Metropolitan Premium Properties
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