It consists of four buildings connected by a common podium. Nearby there is a beauty salon, a shop, and Hope Island Park.
There are 435 residences at Lamar Residences, including duplexes, townhouses, and 1-4 bedroom apartments ranging in size from 484 square feet to 4,250 square feet.
A luxury residence has four 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.
AED 650,000 (USD 177,000) is the starting price for properties in Lamar Residences in Q1 2023.
*Prices are valid for 2021
Al Raha Beach is an area away from the hustle and bustle of the metropolis, but it offers everything you need for a comfortable life – cultural, shopping, entertainment and social venues. In this area, residential properties are attracting the attention of Abu Dhabi residents and those considering moving to the UAE capital.
Additionally, Al Raha Beach is a freehold neighborhood, which allows both locals and foreigners to invest in real estate.
There are many advantages to living at Lamar Residences:
It is possible to expect a return on investment of 6.5-7.6% for the purchase of a one-bedroom apartment at Lamar Residences.
Your income will be AED 45,000 (USD 12,000) if you rent your apartment long-term.