Lamar Residences is the first completed project by the young and ambitious developer Nine Yards. The complex is located in the Al Raha Beach area and consists of four 10-story buildings with residences and retail spaces. The residential real estate of the project is represented by apartments with 1-3 bedrooms, duplexes, and townhouses at the podium level.
Lamar Residences is a ready-to-move residential complex from the young company Nine Yards, which was founded by Ethmar International Holding and Al Nahda International Holding. Earlier in 2023, the developer announced the luxurious Sea La Vie project on Yas Island in Abu Dhabi.
Lamar Residences is located in one of the most luxurious locations in the UAE capital - the Al Raha Beach area. The new project consists of four 10-story buildings and a spacious podium with commercial spaces. A collection of 435 residences is available for sale, including apartments with 1-3 bedrooms, duplexes, and townhouses with 3-4 bedrooms. The properties feature a balcony and a separate kitchen. The minimum living area is 73 sq. m.
Panoramic windows offer stunning views of the Arabian Gulf, lush gardens, promenade, and pool. The elegant design of the property, spacious living spaces with plenty of light and air, create an atmosphere of harmonious resort living.
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The Lamar Residences complex is located in the prestigious Al Raha Beach area of the Emirates capital. Within a five-minute drive of the buildings, there are several supermarkets: Freshlandia Supermarket, West Alliance Baqala Supermarket, Super Live Baqala, and Viva.
Within a 10-minute drive, there are many modern educational institutions, including Al Shohub Private School, Raha International School, Gardens Campus, Children's House Montessori, Sunny Meadows Montessori, and Odyssey Nursery - Khalifa City.
Professional medical assistance is available at National Ambulance GHQ, Amana Healthcare Medical & Rehabilitation Hospital, Yas Clinic Khalifa City, and Tajmeel Specialized Medical Center, all of which are also located within a 10-minute drive from the Lamar Residences complex.
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Yas Bay Waterfront, Yas Marina Abu Dhabi, Sheikh Zayed Mosque, Abu Dhabi International Airport
Eastern Mangrove National Park, Saadiyat Island, Al Reem Island
Lamar Residences is located just a few minutes' drive from Sheikh Zayed Bin Sultan Street, which provides easy access to key areas of Abu Dhabi. Within a 10-15 minute drive, there are many entertainment facilities, including the Yas Bay Waterfront promenade, Etihad Arena for sports competitions and concerts by global stars, Yas Marina Abu Dhabi and theme parks on Yas Island. Also within the same distance are the Sheikh Zayed Mosque and Abu Dhabi International Airport.
Within a 20-minute drive, you can reach the Eastern Mangrove National Park nature reserve by car. The Cultural District attractions on Saadiyat Island and the popular locations of Al Reem Island are less than half an hour's drive from the complex.
Lamar Residences is a luxurious, ready-to-move-in complex developed by Nine Yards. The project's real estate will be an ideal home for people who value comfort and aspire to a prestigious life on the coast. Lamar Residences' residences are suitable for families with children, young couples, and businessmen for permanent residency. The project is strategically located in Al Raha Beach, near Sheikh Zayed Bin Sultan Street, and surrounded by important infrastructure facilities.
Real estate in this area has a stable demand, with a return on investment of up to 5.9%. The complex is ready to move in, and Lamar Residences' residences can be rented out profitably. The annual rental price of one-bedroom apartments in Al Raha Beach is AED 65,000 (USD 18,000). The minimum rental price for such property in the Lamar Residences complex in April 2023 is AED 50,000 (USD 14,000) per year.
The project is located in a freehold zone in Abu Dhabi. Foreign citizens can purchase property in 100% ownership and immediately apply for a two-year residency visa or a "Golden Visa" for 10 years for themselves and their family members.
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