{
    "entity_type": "real_estate_project",
    "name": "Mama Shelter (Luxury Family Residences II)",
    "url": "https://continentalclub.ae/project/mama-shelter-luxury-family-residences-ii-business-bay/",
    "language": "en",
    "developer": {
        "name": "Kappa Acca Real Estate Development",
        "url": "https://continentalclub.ae/developers/kappa-acca-real-estate-development/",
        "registry_name": ""
    },
    "location": {
        "community": "Business Bay",
        "url": "https://continentalclub.ae/location/business-bay/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "2448",
        "status": "Ready",
        "completion_percent": 100,
        "inspection_date": "2025-03-24",
        "escrow_bank": "ADCB",
        "units_in_registry": 205,
        "inspections": [
            {
                "date": "2022-09-19",
                "completion_percent": 70.19
            },
            {
                "date": "2023-07-05",
                "completion_percent": 78.12
            },
            {
                "date": "2024-03-11",
                "completion_percent": 87.24
            },
            {
                "date": "2024-12-05",
                "completion_percent": 98.52
            },
            {
                "date": "2025-03-24",
                "completion_percent": 100
            }
        ],
        "pace": null
    },
    "commercial": {
        "starting_price_aed": 967000,
        "price_origin": "developer",
        "currency": "AED",
        "units": 205,
        "handover": "Ready To Move in",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": null,
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": null,
    "dld_sales": {
        "deals": 249,
        "first_year": 2016,
        "last_year": 2026,
        "median_aed_sqm": 27042,
        "resale_share_pct": 11,
        "yoy_change_pct": -17,
        "deals_last_12m": 22,
        "gross_yield_pct": 7.1,
        "bulk_registration": null,
        "by_bedrooms": [
            {
                "type": "Studio",
                "deals": 106,
                "median_price_aed": 1115707,
                "median_size_sqm": 41,
                "aed_per_sqm": 27212
            },
            {
                "type": "1 bedroom",
                "deals": 113,
                "median_price_aed": 1540703,
                "median_size_sqm": 58,
                "aed_per_sqm": 26564
            },
            {
                "type": "2 bedrooms",
                "deals": 27,
                "median_price_aed": 2376024,
                "median_size_sqm": 80,
                "aed_per_sqm": 29700
            }
        ],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-10-23",
        "sales": {
            "records": 249,
            "first_date": "2016-01-25",
            "last_date": "2026-09-01",
            "last_12m": {
                "n": 22,
                "median_price_aed": 1300000,
                "median_aed_sqm": 24369,
                "median_aed_sqft": 2264,
                "resale_share_pct": 100
            },
            "previous_12m": {
                "n": 19,
                "median_price_aed": 1500000,
                "median_aed_sqm": 29205,
                "median_aed_sqft": 2713,
                "resale_share_pct": 26
            },
            "change_aed_sqm_last_12m_vs_previous_pct": -17,
            "by_year": [
                {"period":"2016","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2023","n":167,"median_price_aed":1381612,"median_aed_sqm":27236,"median_aed_sqft":2530,"resale_share_pct":0},
                {"period":"2024","n":42,"median_price_aed":1381333,"median_aed_sqm":26350,"median_aed_sqft":2448,"resale_share_pct":0},
                {"period":"2025","n":30,"median_price_aed":1487898,"median_aed_sqm":27143,"median_aed_sqft":2522,"resale_share_pct":60},
                {"period":"2026","n":9,"median_price_aed":1100000,"median_aed_sqm":24223,"median_aed_sqft":2250,"resale_share_pct":100}
            ],
            "by_quarter": [
                {"period":"2016-Q1","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null},
                {"period":"2023-Q1","n":41,"median_price_aed":1381333,"median_aed_sqm":27522,"median_aed_sqft":2557,"resale_share_pct":0},
                {"period":"2023-Q2","n":23,"median_price_aed":1142875,"median_aed_sqm":26058,"median_aed_sqft":2421,"resale_share_pct":0},
                {"period":"2023-Q3","n":56,"median_price_aed":1500834,"median_aed_sqm":28391,"median_aed_sqft":2638,"resale_share_pct":0},
                {"period":"2023-Q4","n":47,"median_price_aed":1375018,"median_aed_sqm":29102,"median_aed_sqft":2704,"resale_share_pct":0},
                {"period":"2024-Q1","n":20,"median_price_aed":1373083,"median_aed_sqm":24352,"median_aed_sqft":2262,"resale_share_pct":0},
                {"period":"2024-Q2","n":14,"median_price_aed":1540703,"median_aed_sqm":27866,"median_aed_sqft":2589,"resale_share_pct":0},
                {"period":"2024-Q3","n":4,"median_price_aed":1503421,"median_aed_sqm":25996,"median_aed_sqft":2415,"resale_share_pct":0},
                {"period":"2024-Q4","n":4,"median_price_aed":1350000,"median_aed_sqm":30710,"median_aed_sqft":2853,"resale_share_pct":0},
                {"period":"2025-Q1","n":9,"median_price_aed":1500000,"median_aed_sqm":28002,"median_aed_sqft":2601,"resale_share_pct":0},
                {"period":"2025-Q2","n":3,"median_price_aed":1700000,"median_aed_sqm":29205,"median_aed_sqft":2713,"resale_share_pct":0},
                {"period":"2025-Q3","n":4,"median_price_aed":1487898,"median_aed_sqm":31472,"median_aed_sqft":2924,"resale_share_pct":100},
                {"period":"2025-Q4","n":14,"median_price_aed":1400000,"median_aed_sqm":24804,"median_aed_sqft":2304,"resale_share_pct":100},
                {"period":"2026-Q1","n":3,"median_price_aed":1261204,"median_aed_sqm":26153,"median_aed_sqft":2430,"resale_share_pct":100},
                {"period":"2026-Q2","n":4,"median_price_aed":1200000,"median_aed_sqm":24051,"median_aed_sqft":2234,"resale_share_pct":100},
                {"period":"2026-Q3","n":2,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 163,
            "first_date": "2025-04-28",
            "last_date": "2026-10-19",
            "last_12m": {
                "n": 121,
                "median_annual_rent_aed": 85000,
                "median_rent_aed_sqm_year": 1724
            },
            "previous_12m": {
                "n": 42,
                "median_annual_rent_aed": 90000,
                "median_rent_aed_sqm_year": 2024
            },
            "by_year": [
                {"period":"2025","n":70,"median_annual_rent_aed":90000,"median_rent_aed_sqm_year":2027},
                {"period":"2026","n":93,"median_annual_rent_aed":80000,"median_rent_aed_sqm_year":1610}
            ],
            "by_quarter": [
                {"period":"2025-Q2","n":3,"median_annual_rent_aed":120000,"median_rent_aed_sqm_year":2069},
                {"period":"2025-Q3","n":20,"median_annual_rent_aed":90000,"median_rent_aed_sqm_year":1930},
                {"period":"2025-Q4","n":47,"median_annual_rent_aed":100000,"median_rent_aed_sqm_year":2053},
                {"period":"2026-Q1","n":26,"median_annual_rent_aed":100000,"median_rent_aed_sqm_year":1889},
                {"period":"2026-Q2","n":12,"median_annual_rent_aed":120000,"median_rent_aed_sqm_year":1749},
                {"period":"2026-Q3","n":48,"median_annual_rent_aed":77000,"median_rent_aed_sqm_year":1503},
                {"period":"2026-Q4","n":7,"median_annual_rent_aed":68000,"median_rent_aed_sqm_year":1564}
            ],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-09-01","type":"Studio","bedrooms":0,"area_sqm":41.6,"price_aed":900000,"aed_per_sqm":21661,"market":"resale"},
            {"date":"2026-07-20","type":"Studio","bedrooms":0,"area_sqm":41.6,"price_aed":1006468,"aed_per_sqm":24223,"market":"resale"},
            {"date":"2026-06-17","type":"1 B/R","bedrooms":1,"area_sqm":58.2,"price_aed":1400000,"aed_per_sqm":24051,"market":"resale"},
            {"date":"2026-06-09","type":"Studio","bedrooms":0,"area_sqm":40.8,"price_aed":1062115,"aed_per_sqm":26064,"market":"resale"},
            {"date":"2026-06-08","type":"1 B/R","bedrooms":1,"area_sqm":58.2,"price_aed":1200000,"aed_per_sqm":20615,"market":"resale"},
            {"date":"2026-04-01","type":"Studio","bedrooms":0,"area_sqm":40.5,"price_aed":950000,"aed_per_sqm":23445,"market":"resale"},
            {"date":"2026-03-16","type":"Studio","bedrooms":0,"area_sqm":42.1,"price_aed":1100000,"aed_per_sqm":26153,"market":"resale"},
            {"date":"2026-03-16","type":"1 B/R","bedrooms":1,"area_sqm":58.2,"price_aed":1475000,"aed_per_sqm":25344,"market":"resale"},
            {"date":"2026-03-10","type":"Studio","bedrooms":0,"area_sqm":41.6,"price_aed":1261204,"aed_per_sqm":30354,"market":"resale"},
            {"date":"2025-12-25","type":"1 B/R","bedrooms":1,"area_sqm":58.2,"price_aed":1408000,"aed_per_sqm":24184,"market":"resale"},
            {"date":"2025-12-23","type":"1 B/R","bedrooms":1,"area_sqm":58.2,"price_aed":1381333,"aed_per_sqm":23730,"market":"resale"},
            {"date":"2025-12-22","type":"1 B/R","bedrooms":1,"area_sqm":19.8,"price_aed":571200,"aed_per_sqm":28863,"market":"resale"},
            {"date":"2025-12-04","type":"1 B/R","bedrooms":1,"area_sqm":58.2,"price_aed":2030000,"aed_per_sqm":34874,"market":"resale"},
            {"date":"2025-12-03","type":"Studio","bedrooms":0,"area_sqm":41.6,"price_aed":1012516,"aed_per_sqm":24369,"market":"resale"},
            {"date":"2025-11-04","type":"2 B/R","bedrooms":2,"area_sqm":80.1,"price_aed":2000000,"aed_per_sqm":24981,"market":"resale"},
            {"date":"2025-11-04","type":"2 B/R","bedrooms":2,"area_sqm":80.1,"price_aed":2000000,"aed_per_sqm":24981,"market":"resale"},
            {"date":"2025-11-03","type":"1 B/R","bedrooms":1,"area_sqm":58.2,"price_aed":1300000,"aed_per_sqm":22333,"market":"resale"},
            {"date":"2025-10-30","type":"1 B/R","bedrooms":1,"area_sqm":58.2,"price_aed":1300000,"aed_per_sqm":22333,"market":"resale"},
            {"date":"2025-10-30","type":"2 B/R","bedrooms":2,"area_sqm":74.5,"price_aed":2000000,"aed_per_sqm":26856,"market":"resale"},
            {"date":"2025-10-30","type":"Studio","bedrooms":0,"area_sqm":40.8,"price_aed":900000,"aed_per_sqm":22086,"market":"resale"}
        ],
        "recent_rents": [
            {"date":"2026-10-19","type":"Studio","bedrooms":0,"area_sqm":40.8,"annual_rent_aed":64000,"aed_per_sqm_year":1571},
            {"date":"2026-10-14","type":"Studio","bedrooms":0,"area_sqm":37.8,"annual_rent_aed":68000,"aed_per_sqm_year":1797},
            {"date":"2026-10-11","type":"Studio","bedrooms":0,"area_sqm":39.9,"annual_rent_aed":73000,"aed_per_sqm_year":1828},
            {"date":"2026-10-06","type":"Studio","bedrooms":0,"area_sqm":41.6,"annual_rent_aed":65000,"aed_per_sqm_year":1564},
            {"date":"2026-10-01","type":"1bed room+Hall","bedrooms":1,"area_sqm":58.2,"annual_rent_aed":79000,"aed_per_sqm_year":1357},
            {"date":"2026-10-01","type":"Studio","bedrooms":0,"area_sqm":37.3,"annual_rent_aed":55000,"aed_per_sqm_year":1473},
            {"date":"2026-10-01","type":"1bed room+Hall","bedrooms":1,"area_sqm":58.2,"annual_rent_aed":80000,"aed_per_sqm_year":1375},
            {"date":"2026-09-30","type":"1bed room+Hall","bedrooms":1,"area_sqm":58.2,"annual_rent_aed":108830,"aed_per_sqm_year":1870},
            {"date":"2026-09-30","type":"2 bed rooms+hall","bedrooms":2,"area_sqm":74.6,"annual_rent_aed":120000,"aed_per_sqm_year":1610},
            {"date":"2026-09-28","type":"Studio","bedrooms":0,"area_sqm":42.1,"annual_rent_aed":67000,"aed_per_sqm_year":1593}
        ],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/mama-shelter-luxury-family-residences-ii-business-bay.md",
    "updated_at": "2026-10-16",
    "translations": {
        "en": "https://continentalclub.ae/project/mama-shelter-luxury-family-residences-ii-business-bay/",
        "ru": "https://continentalclub.ae/ru/project/mama-shelter-luxury-family-residences-ii-business-bay-ru/"
    }
}