2-bed · 1,114 sqftLamaa 1, Umm Suqeim Third · 3rd floor · completed 2026

306, Lamaa 1

Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 2.39M1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Lamaa 1

What is 306 worth today?

Last sold for AED 2,386,000 in 2023

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1 Feb 2023Sold by developerOff-plan
AED 2,386,000AED 2,142 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,114 sqft
Floor
3rd of 9
Parking
1
Developer
Jumeirah Hills Development
Completed
2026
Last sold
AED 2.39M · February 2023
Building
Lamaa 1

About 306, Lamaa 1

306 is a two-bedroom apartment of 1,114 sqft on the 3rd floor of Lamaa 1, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . The developer sold it on 1 February 2023 for AED 2,386,000, or AED 2,142 per sqft, 3% below the AED 2,216 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Lamaa 1
2.5M3M20222023202420252026Typical sale price by year: 2022 AED 2,900,000; 2023 AED 2,690,000; 2024 AED 3,280,000; 2025 AED 3,325,000Sold by developer, February 2023: AED 2,386,000 (AED 2,142 per sqft)

306 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Lamaa 1, and where 306 sits

All 23 2-beds →

306 last sold in February 2023 at AED 2,142 per sqft, 3% below what two-beds in Lamaa 1 were fetching at the time (AED 2,216). Over the last 12 months two-beds sold for AED 3,400,000 to 3,600,000, around AED 2,844 per sqft, and rent for AED 190,000 to 190,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 20263,400,000
9 Dec 20253,600,000
20 Oct 20253,500,000
13 May 20253,100,000
2 2-bed sales in the last 12 months

Lamaa 1

Building

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

Typical price per sqft
AED 2,676 Up 3.0%
Typical sale
AED 3.5M
Typical rent
AED 140K /yr
Typical yield
5.1%
Lamaa 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 3rd floor

All 90 units in Lamaa 1
Value
3011-bedAED 1.63M · Jan 2023
3021-bedAED 1.65M · Jan 2023
3032-bedAED 3.1M · May 2025
3043-bedAED 4.85M · Jan 2025
3053-bedAED 4.25M · Jan 2023
3073-bedAED 4.28M · Jan 2023
3082-bedAED 3.3M · May 2025
1–7 of 9

306, Lamaa 1 in numbers

  • Sold once: by Jumeirah Hills Development on 1 February 2023 for AED 2,386,000, or AED 2,142 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 2,676 per sqft.

Source: Dubai Land Department. Updated 1 February 2023.

Questions about 306, Lamaa 1

What did unit 306 last sell for?

AED 2,386,000 on 1 February 2023, sold by the developer: AED 2,142 per sqft for 1,114 sqft. It is the only registered sale of the unit.

How big is unit 306?

1,114 sqft (103.5 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2026.

What is unit 306 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 306, Lamaa 1

Starts from the last sale price (AED 2.39M, 1 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,386,000
Deposit, UAE resident (20%)
AED 477,200
Deposit, non-resident (40%)
AED 954,400
Monthly over 25 years at 3.7%
AED 9,762

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