2-bed · 1,114 sqftLamaa 1, Umm Suqeim Third · 4th floor · completed 2026

406, Lamaa 1

Sold prices and rental history: sold 3 times, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 3.36M20 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Lamaa 1

What is 406 worth today?

Last sold for AED 3,360,000 in 2025

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20 Jan 2025SoldOff-plan
AED 3,360,000AED 3,017 per sqft
23 Jan 2023SoldOff-plan
AED 2,690,000AED 2,415 per sqft
28 Dec 2022Sold by developerOff-plan
AED 2,398,000AED 2,153 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
2-bed apartment
Size
1,114 sqft
Floor
4th of 9
Parking
1
Developer
Jumeirah Hills Development
Completed
2026
Last sold
AED 3.36M · January 2025
Building
Lamaa 1

About 406, Lamaa 1

406 is a two-bedroom apartment of 1,114 sqft on the 4th floor of Lamaa 1, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . It last sold on 20 January 2025 for AED 3,360,000, or AED 3,017 per sqft, 19% above the AED 2,526 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Lamaa 1
2.5M3M3.5M20222023202420252026Typical 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, December 2022: AED 2,398,000 (AED 2,153 per sqft)Sold, January 2023: AED 2,690,000 (AED 2,415 per sqft)Sold, January 2025: AED 3,360,000 (AED 3,017 per sqft)

406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in Lamaa 1, and where 406 sits

All 23 2-beds →

406 last sold in January 2025 at AED 3,017 per sqft, 19% above what two-beds in Lamaa 1 were fetching at the time (AED 2,526). 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 4th floor

All 90 units in Lamaa 1
Value
4011-bedAED 1.93M · May 2024
4021-bedAED 1.91M · Jun 2024
4032-bedAED 2.91M · Jan 2023
4043-bedAED 5.2M · May 2025
4053-bedAED 5.5M · Nov 2025
4073-bedAED 4.66M · Sep 2023
4082-bedAED 3.28M · May 2024
1–7 of 9

406, Lamaa 1 in numbers

  • Sold 3 times: first on 28 December 2022 for AED 2,398,000, last on 20 January 2025 for AED 3,360,000 (AED 3,017 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 20 January 2025.

Questions about 406, Lamaa 1

What did unit 406 last sell for?

AED 3,360,000 on 20 January 2025: AED 3,017 per sqft for 1,114 sqft. The unit has 3 registered sales; the first was AED 2,398,000 in December 2022.

How big is unit 406?

1,114 sqft (103.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2026.

What is unit 406 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 406, Lamaa 1

Starts from the last sale price (AED 3.36M, 20 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,360,000
Deposit, UAE resident (20%)
AED 672,000
Deposit, non-resident (40%)
AED 1,344,000
Monthly over 25 years at 3.7%
AED 13,747

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