Under constructionApartment

Business Bay · Dubai

Mama Residences

by Khamas Group

75of 100

Rendr Score

Good

How it was scored →
From
AED 1.4M
≈ $381K
Handover
Was due Q4 2023
Homes
Studio to 2 bed
473 – 907 sqft
Why 75? Unlock all 7 factor scores and the score history. Free.One sign-up opens the full working on all 1,540 projects for 90 days.Unlock →

Price per sqft vs registered sales

Dubai Land Department open data

AED 2,648/sqft (est.)

The DLD median for apartments in Business Bay is AED 2,524/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.

How the 75 was scored

5 of 7 factors · 85% of the weight · 24 Sep 2026
  • Price against what buyers actually paidAssessed · weight 25
  • Developer track recordAssessed · weight 20
  • Payment planAssessed · weight 15
  • Location and infrastructureAssessed · weight 15
  • How easy it is to sell laterAssessed · weight 10
  • Construction on scheduleNot assessed · weight 10
  • The basics on fileNot assessed · weight 5
Confidence: lowThe price figure is our estimate from the starting price and the smallest home, not a registered or stated price.

Unchanged since the first scoreScored since 24 Sep 2026 · 0 changes

Not ranked: it was due Q4 2023 and DLD shows no off-plan sale under its name since, so it counts as delivered until the register says otherwise.

The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.

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Projects covered
1,540
projects covered
Factors
7
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Was due Q4 2023

Still listed as on sale

What this means

Mama Residences was due to hand over in Q4 2023 and is still listed as under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

Payment plan

20/20/0 + 60 post-handover

Down payment
20%
During construction
20%
After handover
60%

What you’d pay and when

On the starting price of AED 1,400,000, as the plan splits it.

  1. 20% at bookingAED 280,000≈ $76.2K
  2. 20% during construction, until handover (Q4 2023)AED 280,000≈ $76.2K
  3. 60% after handover (Q4 2023)AED 840,000≈ $229K

A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.

Part of the price is paid after the keys. How post-handover payment plans work, and which other projects offer one.

Unit types

from AED 1.4M

Studio

473 – 492 sqft

1 bed

642 – 654 sqft

2 bed

839 – 907 sqft

Apartment · Freehold

Full table
TypeBedroomsSize (sqft)PricePer sqft
ApartmentStudio473 – 492AED 1.4MAED 2,960
Apartment1 bed642 – 654AED 1.7MAED 2,648
Apartment2 bed839 – 907AED 2.5MAED 2,980

DLD registration status

  • Project registrationNot published yet
  • Escrow accountNot published yet
  • Developer licenceNot published yet
Where the figures come from, and what escrow means

We do not yet hold a DLD project registration number for Mama Residences. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.

Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/khamas-group-investment/mama-residences), read 2026-09-24; found in the Dubai web sweep.

About

Mama Residences is Khamas' apartment tower in Business Bay, Dubai, with studios to two-bedroom apartments from about 473 to 907 sq ft.

Read more

Prices start at AED 1,400,000 on a 20% booking, 20% during construction and 60% after handover plan. Handover was listed for the fourth quarter of 2023, a date now past.

The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.

  • Khamas apartment tower in Business Bay
  • Studios to two-bedroom apartments from 473 sq ft
  • 20/20/0/60 post-handover payment plan
  • Handover was listed for Q4 2023
Developer
Khamas Group
Area
Business Bay
Status
Under construction
Ownership
Freehold

Amenities

  • Health Club
  • Restaurants
  • Retail Facilities
  • Landscaped Parks
  • Gymnasium
  • Children's Play Area
  • Shared Pool
Open in the map

Business Bay · Dubai

Mixed-use towers along the Dubai Canal, immediately south of Downtown.

Mama Residences: questions buyers ask

How much does Mama Residences cost?

Prices at Mama Residences start from AED 1,400,000 and reach AED 2,500,000 (about $381K) for studios, 1-bedroom and 2-bedroom homes. Asking prices come from the developer and change without notice.

What is the price per sqft at Mama Residences?

The asking price is around AED 2,648 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.

When is the Mama Residences handover date?

Mama Residences was due to hand over in Q4 2023 and is still listed as under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.

What is the Mama Residences payment plan?

Mama Residences is offered on a 20/20/0 + 60 post-handover plan: 20% on booking, 20% during construction and 0% at handover, with 60% spread after you get the keys. Developers change plans between phases, so confirm yours before signing.

What is the Rendr Score of Mama Residences?

Mama Residences scores 75 of 100 on the Rendr Score, good, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Business Bay according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.

Who is the developer of Mama Residences?

Mama Residences is being developed by Khamas Group. It sits in Business Bay, Dubai. You can see every project by Khamas Group we list, and how their asking prices compare with registered sales, on their page.

Can foreigners buy at Mama Residences?

Mama Residences is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.

Is Mama Residences registered with DLD?

We do not yet hold a project registration number for Mama Residences. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.

Changes

Listed 24 Sep 2026 · 1 change since, last 24 Sep 2026
  1. Payment plan changed to 20/20/0 + 60 post-handover

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/khamas-group-investment/mama-residences), read 2026-09-24; found in the Dubai web sweep

  2. Listed on the site

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/khamas-group-investment/mama-residences), read 2026-09-24; found in the Dubai web sweep

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