507, Lamaa 1
Sold prices and rental history: sold once, by the developer in January 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 507, Lamaa 1
What is 507 worth today?
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Source: Dubai Land Department. Updated 11 January 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 3,297 sqft
- Floor
- 5th of 9
- Parking
- 2
- Developer
- Jumeirah Hills Development
- Completed
- 2026
- Last sold
- AED 8.23M · January 2024
- Building
- Lamaa 1
About 507, Lamaa 1
507 is a four-bedroom apartment of 3,297 sqft on the 5th floor of Lamaa 1, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . The developer sold it on 11 January 2024 for AED 8,229,000, or AED 2,495 per sqft, 16% below the AED 2,970 four-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
507 has sold once; the dashed line is the four-bed median of each year in the building.
4-beds in Lamaa 1, and where 507 sits
All 6 4-beds →507 last sold in January 2024 at AED 2,495 per sqft, 16% below what four-beds in Lamaa 1 were fetching at the time (AED 2,970). Over the last 12 months four-beds sold for AED 7,950,000, around AED 2,512 per sqft.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202629 July 2026 | 3,165 sqft | 7,950,000 | 2,512 | ||
| 12 Nov 202412 November 2024 | 2,687 sqft | 8,400,000 | 3,126 | ||
| 27 Mar 202427 March 2024 | 2,795 sqft | 8,107,000 | 2,900 | ||
| 12 Jul 202312 July 2023 | 2,684 sqft | 8,090,000 | 3,013 |
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 | ||
| 502 | 1-bed | 743 sqft | AED 2.1MAED 2,100,000 · Aug 2024August 2024 | ||
| 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 | ||
| 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 |
507, Lamaa 1 in numbers
- Sold once: by Jumeirah Hills Development on 11 January 2024 for AED 8,229,000, or AED 2,495 per sqft.
- Four-beds in Lamaa 1 sold for AED 7,950,000–7,950,000 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 11 January 2024.
Questions about 507, Lamaa 1
What did unit 507 last sell for?
AED 8,229,000 on 11 January 2024, sold by the developer: AED 2,495 per sqft for 3,297 sqft. It is the only registered sale of the unit.
How big is unit 507?
3,297 sqft (306.3 sqm): a four-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. Four-beds in Lamaa 1 sold for AED 7,950,000 to 7,950,000 in the last 12 months, around AED 2,512 per sqft.
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Mortgage on 507, Lamaa 1
Starts from the last sale price (AED 8.23M, 11 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,229,000
- Deposit, UAE resident (20%)
- AED 1,645,800
- Deposit, non-resident (40%)
- AED 3,291,600
- Monthly over 25 years at 3.7%
- AED 33,667
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →