Price, payment plan and homes
Price per propertyfinder.ae, 1 Oct 2026- Last listed from
- AED 1.4M
- ≈ $381K
- Bedrooms
- Studio to 2 bed
- 473 – 907 sqft
- Payment plan
- 20/20/0 + 60 post-handover
- The plan it was sold on off-plan
- Handover
- Ready
Homes and floor plans
FreeholdPick a home: the plan and the forecast follow it.
Payment plan · studio
- 20% down payment
- 20% during construction
- 60% after handover
The plan it was sold on off-plan. It is handed over, so a home bought here now is a resale.
Part of the price is paid after the keys. How post-handover payment plans work.
Khamas Group’s own file on propertyfinder.ae, checked 30 Sep 2026
Location · Business Bay · Dubai
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
More in Business Bay
Compare side by sideAll projects in Business Bay
The in-depth review
Why it has no score yet
Price per sqft vs registered sales
Dubai Land Department open dataAED 2,960/sqft (est.)
The DLD median for apartments in Business Bay is AED 2,482/sqft (as of 10 Nov 2026). This project's figure is our estimate from the listed prices and unit sizes, so no gap is shown here; the Resale Score reads only the building's own registered sales, never an estimate. The gap appears once the register shows ten of this project's own sales.
Not yet assessed
3 of 5 factors · 50% of the weight · 10 Nov 202650% of the weight is assessed; a score appears once 60% is and the price is known. The factors below show what is still missing. Our opinion, not investment advice.
How each factor was measured
- Price against what buyers actually paid
- Fewer than 10 of the building's own registered sales yet · DLD
- Growth since launch
- Measured once the building has 10 registered sales in its launch year and 5 resales in the last 12 months
- Developer track record
- Our rating, 1 delivered projects and how its finished building resells
- Location and infrastructure
- Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 2,006 resales of finished apartments in Business Bay this year · DLD
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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The full breakdown behind the score
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 3 assessed factor scores, with the figure and source behind each
Everything behind every score on the site.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Ready
Handed over
What this means
Mama Residences has been handed over: homes here are built and ready to move into, so a purchase is a resale rather than off-plan.
DLD registration status
Verified 1 Oct 2026- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, thenationalnews.com, propsearch.ae, cbnme.com, read 1 Oct 2026, last verified 1 Oct 2026.
About
Mama Residences is a completed apartment tower by Khamas Group in Business Bay, Dubai, with studios to two-bedroom apartments from about 473 to 907 sq ft.
- Developer
- Khamas Group
- Area
- Business Bay
- Status
- Ready
- Ownership
- Freehold
Amenities
- Health Club
- Restaurants
- Retail Facilities
- Landscaped Parks
- Gymnasium
- Children's Play Area
- Shared Pool
What’s nearby
straight-line distance- Supermarket or mall200 m
- Beach1.1 km
- Metro or tram stop1.2 km
- Hospital or clinic1.3 km
- School1.5 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments6.4% in Business Bay. A median rent of AED 114 per sqft a year on 9,195 new tenancy contracts, last 6 months, against AED 1,786 per sqft paid across 1,105 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working
Mama Residences: questions buyers ask
How much does Mama Residences cost?
Mama Residences was last listed from AED 1,400,000 (about $381K) and reach AED 2,500,000 for studios, 1-bedroom and 2-bedroom homes, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Mama Residences?
The asking price is around AED 2,960 per sqft, our estimate from the listed prices and unit sizes.
When is the Mama Residences handover date?
Mama Residences is built and handed over, so a home bought here is ready to occupy rather than off-plan.
What is the Mama Residences payment plan?
Mama Residences was sold off-plan on a 20/20/0 + 60 post-handover plan: 20% on booking, 20% during construction and 0% at handover. It is handed over, so a home bought here now is a resale.
What rental yield do apartments in Business Bay make?
About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Mama Residences?
Mama Residences was developed by Khamas Group. It sits in Business Bay, Dubai.
Changes
Listed 24 Sep 2026 · 2 changes since, last 4 Oct 2026
Status changed to Ready (was Under construction)
Source: propertyfinder.ae, thenationalnews.com, propsearch.ae, cbnme.com, read 1 Oct 2026
Payment plan stated: 20/20/0 + 60 post-handover
Source: propertyfinder.ae, read 24 Sep 2026
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026