1-bed · 747 sqftLamaa 1, Umm Suqeim Third · 4th floor · completed 2026

409, Lamaa 1

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

Unit 409 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 1.86M19 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Lamaa 1

What is 409 worth today?

Last sold for AED 1,855,000 in 2023

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19 May 2023SoldOff-plan
AED 1,855,000AED 2,482 per sqft
21 Dec 2022Sold by developerOff-plan
AED 1,691,000AED 2,262 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
1-bed apartment
Size
747 sqft
Floor
4th of 9
Parking
1
Developer
Jumeirah Hills Development
Completed
2026
Last sold
AED 1.86M · May 2023
Building
Lamaa 1

About 409, Lamaa 1

409 is a one-bedroom apartment of 747 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 19 May 2023 for AED 1,855,000, or AED 2,482 per sqft, 10% above the AED 2,266 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Lamaa 1
1.8M2M202220242026Typical sale price by year: 2022 AED 1,691,500; 2023 AED 1,692,000; 2024 AED 1,925,000; 2025 AED 1,950,000; 2026 AED 1,975,000Sold by developer, December 2022: AED 1,691,000 (AED 2,262 per sqft)Sold, May 2023: AED 1,855,000 (AED 2,482 per sqft)

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

1-beds in Lamaa 1, and where 409 sits

All 40 1-beds →

409 last sold in May 2023 at AED 2,482 per sqft, 10% above what one-beds in Lamaa 1 were fetching at the time (AED 2,266). Over the last 12 months one-beds sold for AED 1,920,000 to 2,350,000, around AED 2,716 per sqft, and rent for AED 100,000 to 140,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Sep 20261,950,000
24 Sep 20262,000,000
16 Apr 20261,920,000
12 Feb 20262,350,000
5 1-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
4062-bedAED 3.36M · Jan 2025
4073-bedAED 4.66M · Sep 2023
1–7 of 9

409, Lamaa 1 in numbers

  • Sold twice: first on 21 December 2022 for AED 1,691,000, last on 19 May 2023 for AED 1,855,000 (AED 2,482 per sqft).
  • One-beds in Lamaa 1 sold for AED 1,920,000–2,350,000 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 19 May 2023.

Questions about 409, Lamaa 1

What did unit 409 last sell for?

AED 1,855,000 on 19 May 2023: AED 2,482 per sqft for 747 sqft. The unit has 2 registered sales; the first was AED 1,691,000 in December 2022.

How big is unit 409?

747 sqft (69.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2026.

What is unit 409 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 1,920,000 to 2,350,000 in the last 12 months, around AED 2,716 per sqft.

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Mortgage on 409, Lamaa 1

Starts from the last sale price (AED 1.86M, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,855,000
Deposit, UAE resident (20%)
AED 371,000
Deposit, non-resident (40%)
AED 742,000
Monthly over 25 years at 3.7%
AED 7,589

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