501, Lamaa 1
Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Lamaa 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 20 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 736 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Completed
- 2026
- Last sold
- AED 1.67M · December 2022
- Building
- Lamaa 1
About 501, Lamaa 1
501 is a one-bedroom apartment of 736 sqft on the 5th floor of Lamaa 1, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development. The developer sold it on 20 December 2022 for AED 1,666,000, or AED 2,262 per sqft, in line with the AED 2,271 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Lamaa 1, and where 501 sits
All 38 1-beds →501 last sold in December 2022 at AED 2,262 per sqft, in line with what one-beds in Lamaa 1 were fetching at the time (AED 2,271). Over the last 12 months one-beds sold for AED 2,100,000 to 2,350,000, around AED 3,018 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 737 sqft | 2,350,000 | 3,187 | ||
| 20 Jun 202520 June 2025 | 731 sqft | 1,895,000 | 2,592 | ||
| 3 Jun 20253 June 2025 | 747 sqft | 2,080,000 | 2,783 | ||
| 5 May 20255 May 2025 | 747 sqft | 1,800,000 | 2,408 |
Lamaa 1
Building90 apartments, 1-bed to 4-bed over 9 floors in Umm Suqeim Third, completed in 2026 by Jumeirah Hills Development. 6 sold in the last 12 months.
- Typical price per sqft
- AED 2,887
- Typical sale
- AED 3.5M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 90 units in Lamaa 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 743 sqft | AED 2.1MAED 2,100,000 · Aug 2024August 2024 | ||
| 503 | 2-bed | 1,293 sqft | AED 2.93MAED 2,930,000 · Jan 2023January 2023 | ||
| 504 | 3-bed | 1,841 sqft | AED 4.33MAED 4,334,000 · Jan 2023January 2023 | ||
| 505 | 3-bed | 1,880 sqft | AED 4.3MAED 4,296,000 · Dec 2022December 2022 | ||
| 506 | 2-bed | 1,114 sqft | AED 2.41MAED 2,409,000 · Dec 2022December 2022 | ||
| 507 | 4-bed | 3,297 sqft | AED 8.23MAED 8,229,000 · Jan 2024January 2024 | ||
| 508 | 1-bed | 747 sqft | AED 1.72MAED 1,722,000 · Mar 2023March 2023 | ||
| 509 | 1-bed | 737 sqft | AED 2.35MAED 2,350,000 · Feb 2026February 2026 |
501, Lamaa 1 in numbers
- Sold once: by Jumeirah Hills Development on 20 December 2022 for AED 1,666,000, or AED 2,262 per sqft.
- One-beds in Lamaa 1 sold for AED 2,100,000–2,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,887 per sqft.
Source: Dubai Land Department. Updated 20 December 2022.
Questions about 501, Lamaa 1
What did unit 501 last sell for?
AED 1,666,000 on 20 December 2022, sold by the developer: AED 2,262 per sqft for 736 sqft. It is the only registered sale of the unit.
How big is unit 501?
736 sqft (68.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2026.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lamaa 1 sold for AED 2,100,000 to 2,350,000 in the last 12 months, around AED 3,018 per sqft.
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Mortgage on 501, Lamaa 1
Starts from the last sale price (AED 1.67M, 20 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,666,000
- Deposit, UAE resident (20%)
- AED 333,200
- Deposit, non-resident (40%)
- AED 666,400
- Monthly over 25 years at 3.7%
- AED 6,816
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →