505, Lamaa 2
Sold prices and rental history: sold twice, last in November 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Lamaa 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,196 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Completed
- 2026
- Last sold
- AED 2.53M · November 2023
- Building
- Lamaa 2
About 505, Lamaa 2
505 is a two-bedroom apartment of 1,196 sqft on the 5th floor of Lamaa 2, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . It last sold on 1 November 2023 for AED 2,525,000, or AED 2,110 per sqft, in line with the AED 2,068 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2026. The current contract, signed on 15 October 2026, is AED 160,000 a year: a gross yield of 6.3% on the 2023 price.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in Lamaa 2, and where 505 sits
All 47 2-beds →505 last sold in November 2023 at AED 2,110 per sqft, in line with what two-beds in Lamaa 2 were fetching at the time (AED 2,068). Over the last 12 months two-beds sold for AED 2,800,000 to 3,550,000, around AED 2,516 per sqft, and rent for AED 50,000 to 200,000 a year. 505's AED 160,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 1,291 sqft | 3,250,000 | 2,516 | ||
| 19 Aug 202619 August 2026 | 1,201 sqft | 3,200,000 | 2,663 | ||
| 21 Jul 202621 July 2026 | 1,199 sqft | 2,800,000 | 2,335 | ||
| 2 Jul 20262 July 2026 | 1,416 sqft | 3,200,000 | 2,260 |
Lamaa 2
Building108 apartments, 1-bed to 4-bed over 9 floors in Umm Suqeim Third, completed in 2026 by Jumeirah Hills Development . 21 sold in the last 12 months.
- Typical price per sqft
- AED 2,663 Up 3.4%
- Typical sale
- AED 2.2M
- Typical rent
- AED 110K /yr
- Typical yield
- 5.2%
Other units on the 5th floor
All 108 units in Lamaa 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,202 sqft | AED 2.59MAED 2,590,000 · Jan 2023January 2023 | ||
| 502 | 2-bed | 1,290 sqft | AED 3.3MAED 3,300,000 · Nov 2023November 2023 | ||
| 503 | 2-bed | 1,287 sqft | AED 2.64MAED 2,641,000 · Jan 2023January 2023 | ||
| 504 | 1-bed | 783 sqft | AED 1.54MAED 1,540,000 · Jan 2023January 2023 | ||
| 506 | 2-bed | 1,115 sqft | AED 2.31MAED 2,307,000 · Dec 2022December 2022 | ||
| 507 | 1-bed | 736 sqft | AED 1.73MAED 1,730,000 · Oct 2023October 2023 | 120,000 /yr | |
| 508 | 1-bed | 743 sqft | AED 1.75MAED 1,750,000 · Nov 2023November 2023 | ||
| 509 | 1-bed | 745 sqft | AED 1.65MAED 1,650,000 · Jul 2023July 2023 | ||
| 510 | 1-bed | 741 sqft | AED 1.91MAED 1,910,000 · May 2025May 2025 | ||
| 511 | 3-bed | 1,827 sqft | AED 4.6MAED 4,600,000 · Oct 2024October 2024 | 275,000 /yr | |
| 512 | 2-bed | 1,187 sqft | AED 2.51MAED 2,513,000 · Jan 2023January 2023 | ||
| 513 | 1-bed | 767 sqft | AED 1.9MAED 1,900,000 · May 2026May 2026 |
505, Lamaa 2 in numbers
- Sold twice: first on 20 December 2022 for AED 2,306,000, last on 1 November 2023 for AED 2,525,000 (AED 2,110 per sqft).
- Rented since October 2026 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2023 price is 6.3%.
- Two-beds in Lamaa 2 sold for AED 2,800,000–3,550,000 in the 12 months to November 2026; the building's median across all types is AED 2,663 per sqft.
Source: Dubai Land Department. Updated 15 October 2026.
Questions about 505, Lamaa 2
What did unit 505 last sell for?
AED 2,525,000 on 1 November 2023: AED 2,110 per sqft for 1,196 sqft. The unit has 2 registered sales; the first was AED 2,306,000 in December 2022.
What is the rent for unit 505?
AED 160,000 a year on the contract signed on 15 October 2026.
How big is unit 505?
1,196 sqft (111.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2026.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lamaa 2 sold for AED 2,800,000 to 3,550,000 in the last 12 months, around AED 2,516 per sqft.
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Mortgage on 505, Lamaa 2
Starts from the last sale price (AED 2.53M, 1 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,525,000
- Deposit, UAE resident (20%)
- AED 505,000
- Deposit, non-resident (40%)
- AED 1,010,000
- Monthly over 25 years at 3.7%
- AED 10,331
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →