506, 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 506, Lamaa 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 27 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,114 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Completed
- 2026
- Last sold
- AED 2.41M · December 2022
- Building
- Lamaa 1
About 506, Lamaa 1
506 is a two-bedroom apartment of 1,114 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 27 December 2022 for AED 2,409,000, or AED 2,163 per sqft, in line with the AED 2,200 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Lamaa 1, and where 506 sits
All 22 2-beds →506 last sold in December 2022 at AED 2,163 per sqft, in line with what two-beds in Lamaa 1 were fetching at the time (AED 2,200). Over the last 12 months two-beds sold for AED 3,400,000 to 3,600,000, around AED 2,844 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 1,108 sqft | 3,400,000 | 3,067 | ||
| 9 Dec 20259 December 2025 | 1,373 sqft | 3,600,000 | 2,621 | ||
| 13 May 202513 May 2025 | 1,291 sqft | 3,100,000 | 2,400 | ||
| 12 May 202512 May 2025 | 1,373 sqft | 3,300,000 | 2,403 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 736 sqft | AED 1.67MAED 1,666,000 · Dec 2022December 2022 | ||
| 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 | ||
| 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 |
506, Lamaa 1 in numbers
- Sold once: by Jumeirah Hills Development on 27 December 2022 for AED 2,409,000, or AED 2,163 per sqft.
- Two-beds in Lamaa 1 sold for AED 3,400,000–3,600,000 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 27 December 2022.
Questions about 506, Lamaa 1
What did unit 506 last sell for?
AED 2,409,000 on 27 December 2022, sold by the developer: AED 2,163 per sqft for 1,114 sqft. It is the only registered sale of the unit.
How big is unit 506?
1,114 sqft (103.5 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2026.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lamaa 1 sold for AED 3,400,000 to 3,600,000 in the last 12 months, around AED 2,844 per sqft.
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Mortgage on 506, Lamaa 1
Starts from the last sale price (AED 2.41M, 27 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,409,000
- Deposit, UAE resident (20%)
- AED 481,800
- Deposit, non-resident (40%)
- AED 963,600
- Monthly over 25 years at 3.7%
- AED 9,856
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →