OffplanIndex
Dubai · Off-plan project · July 2026

Mama Residences

Business Bay · by Khamas Investment · Dubai

Sold outUnder constructionHandover Q4 20238 priced units1 unit plans

The stated handover of Q4 2023 has already passed while the source still reports the building as under construction. It is counted as off-plan and running late, not as delivered.

Price from
AED 1.40M
AED 1,400,000, in the AED 1M to 2M band
Median AED/sqft
2,848
across 8 priced records
Paid before handover
40%
60% of it falls after the keys
Scheduled handover
Q4 2023
developer-published date for 2023
Everything the corpus holds on this project

The record

DeveloperKhamas Investment
CommunityBusiness Bay
CityDubai
Sale statusSold out
ConstructionUnder construction
ClassificationOff-plan, handover date passed
Property typesApartment
Bedrooms offeredStudio, 1, 2
Priced unit records8
Unit plans listed1

Read from developer-published inventories on 2026-07-30. Blank means the developer published nothing, not that the answer is zero.

This project against its community and against Dubai

Where this price sits

AED 2,848 per sqft, 11% below the Business Bay median, and 41% above the Dubai median.

AED 2,848
This project, AED 2,848Business Bay median, AED 3,188Middle half of Business Bay, AED 2,650 to 3,664Dubai median, AED 2,021
Against Business Bay
-11%
on a median of AED 3,188 from 1,458 priced units
Against Dubai
+41%
on a median of AED 2,021 from 42,490 priced units
Position in Business Bay
15 of 45
priced projects in the community ask less per sqft than this one

AED per sqft of built-up area, the median across 8 priced records published for this project, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions. See methodology.

What is due before the keys, and what is not

The payment plan

Mama Residences
40%
60%
40%
Before handover
0%
On handover
60%
After handover

On the published entry price of AED 1,400,000 that is AED 560,000 before handover and AED 840,000 after the keys. Run other prices through the payment plan calculator.

Median plan structure across 124 published plans in Business Bay
24%
41%
35%
On booking 24%During construction 41%On handover 35%

Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 20% of plans in Business Bay schedule instalments after the keys.

The rest of the community, on the same measures

More in Business Bay

All 68 projects
Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

Business Bay, Dubai in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.

OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.