MAMA Residences

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 of them combine contemporary art, eccentric concepts, abstract decor and premium hospitality services. Kappa Acca Real Estate Development, which is a subsidiary company of Khamas Group, is responsible for the development of Mama Residences.

Mama Residences offer a collection of skillfully crafted fully-furnished serviced studios and apartments with 1-2 bedroom layouts, with living areas ranging from 458 sq. ft to 908 sq. ft. There will also be an ultra-luxurious 4-bedroom penthouse available for purchase, which will span across a whopping area of 11,052 sq. ft.

With an unwavering attention to detail, the residences will be complemented by brightly-coloured furniture and fittings, vibrant neon installations and vivid patterns on the surfaces throughout. At the same time, to create a rich and colourful ambiance, textured glass, laminated tempered rich crystal glass and gradient tempered sandblasted glass will be used throughout the branded apartments.

The starting price for a 1-bedroom apartment in Mama Residences is AED 1.72M (USD 468K).

Those who opt for more luxury, comfort and space may want to consider purchasing a 4-bedroom penthouse priced at AED 36.7M (USD 9.99M).

Nestled in Business Bay, Mama Residences will be surrounded by an array of luxury hotels, such as Gulf Court Hotel Business Bay and the Paramount Hotel and Residential, among many others. As well as fine dining venues, such as Long Teng Seafood and Mist Restaurant & Cafe, just to name a few.

Last but not least, since Ennismore merged with a multinational hospitality company; Accor in 2021, you will also be granted exclusive benefits of the Accor Ownership Benefits Programme:

• Exclusive invitation to join the GOLD level of Accor All Limitless
• VIP reservation desk to support travel planning across Accor’s global network of hotels, resorts and related hospitality offerings
• Automatic upgrades on arrival across more than 4,000 hotels and resorts worldwide (subject to availability)
• 20% off of the best available rates at select Accor hotels and resorts worldwide
• On-site & local benefits and privileges

Besides using an apartment in Mama Residences as your own home, you can also consider letting it out with the help of a property management service. As mentioned earlier, the residences come fully-furnished, which means that you can lease them out as soon as the envisioned development is completed. Taking into account the abundance of onsite offerings reviewed above, it is safe to say that apartments in Mama Residences will be in demand among those who want to enjoy hotel-style amenities and services combined with the utmost privacy of a secluded home.

According to Property Finder, the gross ROI for 1-bedroom apartments in Business Bay has reached 6.9%, as of Q3 2023, with the starting rental price set at AED 50K (USD 13.6K) per annum. You can also consider short-term rentals, as properties in this neighbourhood cost AED 1.9K (USD 517) weekly and AED 300 (USD 81) daily. This option will be preferred by entrepreneurs, business professionals and tourists who wish to stay in serviced developments with easy access to coveted landmarks and business facilities.