502, Lamaa 1
Sold prices and rental history: sold 3 times, last in August 2024, 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 502, Lamaa 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 9 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 743 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Completed
- 2026
- Last sold
- AED 2.1M · August 2024
- Building
- Lamaa 1
About 502, Lamaa 1
502 is a one-bedroom apartment of 743 sqft on the 5th floor of Lamaa 1, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . It last sold on 9 August 2024 for AED 2,100,000, or AED 2,827 per sqft, 10% above the AED 2,563 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 has sold 3 times; the dashed line is the one-bed median of each year in the building.
1-beds in Lamaa 1, and where 502 sits
All 40 1-beds →502 last sold in August 2024 at AED 2,827 per sqft, 10% above what one-beds in Lamaa 1 were fetching at the time (AED 2,563). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 740 sqft | 1,950,000 | 2,636 | ||
| 24 Sep 202624 September 2026 | 736 sqft | 2,000,000 | 2,716 | ||
| 16 Apr 202616 April 2026 | 743 sqft | 1,920,000 | 2,584 | ||
| 12 Feb 202612 February 2026 | 737 sqft | 2,350,000 | 3,187 |
Lamaa 1
Building90 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%
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 | ||
| 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 | ||
| 506 | 2-bed | 1,114 sqft | AED 2.41MAED 2,409,000 · 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 |
502, Lamaa 1 in numbers
- Sold 3 times: first on 13 April 2023 for AED 1,683,000, last on 9 August 2024 for AED 2,100,000 (AED 2,827 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 9 August 2024.
Questions about 502, Lamaa 1
What did unit 502 last sell for?
AED 2,100,000 on 9 August 2024: AED 2,827 per sqft for 743 sqft. The unit has 3 registered sales; the first was AED 1,683,000 in April 2023.
How big is unit 502?
743 sqft (69.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2026.
What is unit 502 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 502, Lamaa 1
Starts from the last sale price (AED 2.1M, 9 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →