Lamcy Residence — Bur Dubai, Dubai

Lamcy Residence is a well-established residential building nestled in the heart of Bur Dubai, one of Dubai's most historically rich and culturally vibrant districts. Positioned in close proximity to the iconic Lamcy Plaza shopping mall, this residence offers tenants and homeowners the rare convenience of having retail, dining, and entertainment options virtually at their doorstep. The building reflects the understated, functional architecture that characterises much of Bur Dubai's residential fabric — straightforward in design yet practical and comfortable for everyday living. The residence caters to a diverse community of residents, from long-term Dubai families and working professionals to mid-income expatriates seeking affordable urban living without compromising on accessibility. Units across the building offer a range of bedroom configurations, ensuring suitability for singles, couples, and small families alike. Interiors are typically spacious by inner-city standards, with layouts that maximise natural light and cross-ventilation — a welcome feature in Dubai's warm climate. Living in Lamcy Residence means immersing yourself in the unique character of Bur Dubai, a neighbourhood that seamlessly blends the old and new. The surrounding area is alive with traditional souks, Indian and Pakistani culinary gems, supermarkets, pharmacies, and mosques — offering a complete lifestyle ecosystem within walking distance. Residents enjoy a strong sense of community and neighbourhood familiarity that newer master-planned developments often lack. The building's strategic location also ensures excellent connectivity to the broader city, with major arterial roads and Dubai Metro stations within a short drive or walk. Whether commuting to Downtown Dubai, Deira, or the business corridors of Sheikh Zayed Road, Lamcy Residence provides a well-positioned urban base that balances affordability with genuine lifestyle convenience.

Developer: Wasl Properties

Facilities: Covered parking spaces, 24-hour security and building reception, Passenger elevators, Maintenance and building management services, Shared laundry facilities, Intercom and secure entry system, Rooftop or podium level utility areas, Backup generator for common areas, Mail and package collection point

DRE Advisory:

Nearby: Lamcy Plaza Shopping Mall, Rashid Hospital, BurJuman Mall, Al Fahidi Historical Neighbourhood (Al Bastakiya), Zabeel Park, Dubai Frame

Residential Building

Lamcy Residence

Bur Dubai · Dubai · Wasl Properties

2010
Year Built
AED 10–14 / sqft (est.)
Est. Service Charge / year
Estimated range based on community averages. Verify with the owners association before purchase.
Dhabi AI
UAE Property Intelligence
Available now

I can see you're looking at Lamcy Residence in Bur Dubai, Dubai. Developed by Wasl Properties in 2010. It's a residential building. Lamcy Residence presents a compelling case for value-oriented real estate investors seeking steady rental income in one of Dubai's most established residential corridors. Service charge runs AED 12/sqft/year. What would you like to know — pricing, rental yields, or how it compares to similar buildings?

Dhabi AI · UAE Property Intelligence

About Lamcy Residence

Lamcy Residence is a well-established residential building nestled in the heart of Bur Dubai, one of Dubai's most historically rich and culturally vibrant districts. Positioned in close proximity to the iconic Lamcy Plaza shopping mall, this residence offers tenants and homeowners the rare convenience of having retail, dining, and entertainment options virtually at their doorstep. The building reflects the understated, functional architecture that characterises much of Bur Dubai's residential fabric — straightforward in design yet practical and comfortable for everyday living. The residence caters to a diverse community of residents, from long-term Dubai families and working professionals to mid-income expatriates seeking affordable urban living without compromising on accessibility. Units across the building offer a range of bedroom configurations, ensuring suitability for singles, couples, and small families alike. Interiors are typically spacious by inner-city standards, with layouts that maximise natural light and cross-ventilation — a welcome feature in Dubai's warm climate. Living in Lamcy Residence means immersing yourself in the unique character of Bur Dubai, a neighbourhood that seamlessly blends the old and new. The surrounding area is alive with traditional souks, Indian and Pakistani culinary gems, supermarkets, pharmacies, and mosques — offering a complete lifestyle ecosystem within walking distance. Residents enjoy a strong sense of community and neighbourhood familiarity that newer master-planned developments often lack. The building's strategic location also ensures excellent connectivity to the broader city, with major arterial roads and Dubai Metro stations within a short drive or walk. Whether commuting to Downtown Dubai, Deira, or the business corridors of Sheikh Zayed Road, Lamcy Residence provides a well-positioned urban base that balances affordability with genuine lifestyle convenience.

DRE Advisory

District Real Estate has specialist knowledge of Lamcy Residence and the wider Bur Dubai sub-market. Contact our advisory team for current resale inventory, yield analysis, and transaction support.

Community Feel

Lamcy Residence sits within a neighbourhood that buzzes with authentic, multicultural energy. The resident profile is predominantly South Asian and Arab expatriates, alongside a growing number of young professionals who appreciate the area's affordability and urban convenience. Daily life here is characterised by the sights and sounds of a true city neighbourhood — bustling markets, aromatic restaurants, friendly corner shops, and the gentle call to prayer from nearby mosques. It is a community where neighbours know each other, where life moves at a human pace, and where the genuine soul of old Dubai remains very much alive.

Investment Outlook

Lamcy Residence presents a compelling case for value-oriented real estate investors seeking steady rental income in one of Dubai's most established residential corridors. Bur Dubai consistently records strong rental demand driven by its central location, affordability relative to newer districts, and proximity to key employment hubs. Gross rental yields in this sub-market typically range between 6% and 8%, making it attractive for buy-to-let investors looking for reliable returns without significant capital outlay. The tenant pool for Lamcy Residence is broad and consistent — blue- and white-collar professionals, healthcare workers from nearby Rashid Hospital, retail staff, and long-stay expatriate families all form a stable demand base. Capital appreciation, while more moderate compared to off-plan developments, is supported by the area's ongoing infrastructure improvements and Dubai's sustained population growth. Investors are typically drawn here by the combination of low entry prices, minimal vacancy risk, and the evergreen appeal of a central Bur Dubai address. The building suits both first-time property investors and seasoned landlords looking to diversify their portfolios with a cash-flow-positive asset.

Building Facilities

Covered parking spaces
24-hour security and building reception
Passenger elevators
Maintenance and building management services
Shared laundry facilities
Intercom and secure entry system
Rooftop or podium level utility areas
Backup generator for common areas
Mail and package collection point

Getting Around

Lamcy Residence benefits from excellent transport connectivity. The BurJuman Metro Station on both the Red and Green Lines is approximately 10–15 minutes away on foot, providing direct access to Downtown Dubai, Deira, and beyond. Al Ittihad Road and Sheikh Khalifa Bin Zayed Road offer swift road links to key employment and leisure destinations. Downtown Dubai is reachable in under 10 minutes by car, Dubai International Airport in approximately 15 minutes, and Dubai Marina in around 25–30 minutes via Sheikh Zayed Road.

Nearby Landmarks

  • Lamcy Plaza Shopping Mall
  • Rashid Hospital
  • BurJuman Mall
  • Al Fahidi Historical Neighbourhood (Al Bastakiya)
  • Zabeel Park
  • Dubai Frame

Nearby Buildings

Carlton Palace Hotel Apartments, Bur Dubai
Orient Guest House Apartments, Al Fahidi
Rose Garden Hotel Apartments, Bur Dubai
Panorama Building, Mankhool
Al Mankhool Residences, Bur Dubai

Frequently Asked Questions

What types of units are available in Lamcy Residence?

Lamcy Residence offers a variety of residential unit configurations including studios, one-bedroom, and two-bedroom apartments, catering to singles, couples, and small families seeking affordable urban living in central Bur Dubai.

Is Lamcy Residence close to public transport?

Yes, the building is well-served by public transport. BurJuman Metro Station, which connects both the Red and Green Lines, is approximately 10–15 minutes away on foot, and multiple RTA bus routes operate throughout the surrounding Bur Dubai area.

What is the rental price range for apartments in Lamcy Residence?

Rental prices vary depending on unit size and floor level. As a general guide, studio apartments in this part of Bur Dubai typically rent from AED 30,000–40,000 per annum, while one-bedroom units range from AED 45,000–65,000, subject to market conditions at the time of enquiry.

Are pets allowed in Lamcy Residence?

Pet policies in Bur Dubai residential buildings are determined on a case-by-case basis by building management. Prospective tenants with pets are advised to confirm the current policy directly with the building's management or through their District Real Estate agent before signing a tenancy contract.

What amenities and shopping options are near Lamcy Residence?

Residents enjoy outstanding convenience, with Lamcy Plaza just steps away offering retail, dining, and a supermarket. The surrounding Bur Dubai neighbourhood also features numerous restaurants, pharmacies, clinics, traditional souks, and supermarkets, making daily errands easily manageable without a car.

Enquire About Lamcy Residence

Our Bur Dubai specialists have access to current resale inventory, rental listings, and yield data for Lamcy Residence. Let us help you make the right move.

Contact an AdvisorExplore Bur Dubai

Building details are indicative and based on DRE research. Unit counts, sizes, and amenities may vary. Not investment advice. Verify all information with DRE advisors before transacting.

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