1-bed · 736 sqftLamaa 2, Umm Suqeim Third · 5th floor · completed 2026

507, Lamaa 2

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 1.73M31 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Lamaa 2

What is 507 worth today?

Last sold for AED 1,730,000 in 2023

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31 Oct 2023SoldOff-plan
AED 1,730,000AED 2,349 per sqft
6 Jan 2023Sold by developerOff-plan
AED 1,523,000AED 2,068 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
5th of 9
Parking
1
Developer
Jumeirah Hills Development
Completed
2026
Last sold
AED 1.73M · October 2023
Building
Lamaa 2

About 507, Lamaa 2

507 is a one-bedroom apartment of 736 sqft on the 5th floor of Lamaa 2, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . It last sold on 31 October 2023 for AED 1,730,000, or AED 2,349 per sqft, 13% above the AED 2,078 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Lamaa 2
1.6M1.8M20222023202420252026Typical sale price by year: 2022 AED 1,549,500; 2023 AED 1,576,000; 2024 AED 1,809,500; 2025 AED 1,917,500Sold by developer, January 2023: AED 1,523,000 (AED 2,068 per sqft)Sold, October 2023: AED 1,730,000 (AED 2,349 per sqft)

507 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Lamaa 2, and where 507 sits

All 41 1-beds →

507 last sold in October 2023 at AED 2,349 per sqft, 13% above what one-beds in Lamaa 2 were fetching at the time (AED 2,078). Over the last 12 months one-beds sold for AED 1,840,000 to 2,200,000, around AED 2,788 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Jan 20262,100,000
23 Dec 20252,170,000
22 Jul 20252,040,000
14 May 20251,910,000
8 1-bed sales in the last 12 months

Lamaa 2

Building

108 apartments, 1-bed to 4-bed over 9 floors in Umm Suqeim Third, completed in 2026 by Jumeirah Hills Development . 10 sold in the last 12 months.

Typical price per sqft
AED 2,815 Up 9.3%
Typical sale
AED 2.08M
Typical rent
Few contracts
Typical yield
Lamaa 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 108 units in Lamaa 2
Value
5012-bedAED 2.59M · Jan 2023
5022-bedAED 3.3M · Nov 2023
5032-bedAED 2.64M · Jan 2023
5041-bedAED 1.54M · Jan 2023
5052-bedAED 2.53M · Nov 2023
5062-bedAED 2.31M · Dec 2022
5081-bedAED 1.75M · Nov 2023
1–7 of 12

507, Lamaa 2 in numbers

  • Sold twice: first on 6 January 2023 for AED 1,523,000, last on 31 October 2023 for AED 1,730,000 (AED 2,349 per sqft).
  • One-beds in Lamaa 2 sold for AED 1,840,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,815 per sqft.

Source: Dubai Land Department. Updated 31 October 2023.

Questions about 507, Lamaa 2

What did unit 507 last sell for?

AED 1,730,000 on 31 October 2023: AED 2,349 per sqft for 736 sqft. The unit has 2 registered sales; the first was AED 1,523,000 in January 2023.

How big is unit 507?

736 sqft (68.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2026.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lamaa 2 sold for AED 1,840,000 to 2,200,000 in the last 12 months, around AED 2,788 per sqft.

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Mortgage on 507, Lamaa 2

Starts from the last sale price (AED 1.73M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,730,000
Deposit, UAE resident (20%)
AED 346,000
Deposit, non-resident (40%)
AED 692,000
Monthly over 25 years at 3.7%
AED 7,078

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →