2-bed · 1,831 sqftLamaa 1, Umm Suqeim Third · Ground floor · completed 2026

G03, Lamaa 1

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

Unit G03 · DLD and Ejari recordsUpdated 6 January 2023
Last soldAED 3.02M6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Lamaa 1

What is G03 worth today?

Last sold for AED 3,017,000 in 2023

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6 Jan 2023Sold by developerOff-plan
AED 3,017,000AED 1,645 per sqft

Source: Dubai Land Department. Updated 6 January 2023.

Key facts

Type
2-bed apartment
Size
1,831 sqft
Floor
Ground of 9
Parking
B-075
Developer
Jumeirah Hills Development
Completed
2026
Last sold
AED 3.02M · January 2023
Building
Lamaa 1

About G03, Lamaa 1

G03 is a two-bedroom apartment of 1,831 sqft on the ground floor of Lamaa 1, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . The developer sold it on 6 January 2023 for AED 3,017,000, or AED 1,645 per sqft, 25% below the AED 2,203 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Lamaa 1
3M20222023202420252026Typical 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, January 2023: AED 3,017,000 (AED 1,645 per sqft)

G03 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Lamaa 1, and where G03 sits

All 23 2-beds →

G03 last sold in January 2023 at AED 1,645 per sqft, 25% below what two-beds in Lamaa 1 were fetching at the time (AED 2,203). 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 ground floor

All 90 units in Lamaa 1
Value
G011-bedAED 1.68M · Jan 2023
G021-bedAED 1.7M · Dec 2022
G043-bedAED 5.2M · Mar 2026
G052-bedAED 2.46M · Dec 2022
G062-bedAED 2.5M · Jan 2023
G073-bedAED 4.39M · Jan 2023
G082-bedAED 3.06M · Dec 2022
1–7 of 9

G03, Lamaa 1 in numbers

  • Sold once: by Jumeirah Hills Development on 6 January 2023 for AED 3,017,000, or AED 1,645 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 6 January 2023.

Questions about G03, Lamaa 1

What did unit G03 last sell for?

AED 3,017,000 on 6 January 2023, sold by the developer: AED 1,645 per sqft for 1,831 sqft. It is the only registered sale of the unit.

How big is unit G03?

1,831 sqft (170.1 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2026.

What is unit G03 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 G03, Lamaa 1

Starts from the last sale price (AED 3.02M, 6 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,017,000
Deposit, UAE resident (20%)
AED 603,400
Deposit, non-resident (40%)
AED 1,206,800
Monthly over 25 years at 3.7%
AED 12,343

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