506, Lamaa 2
Sold prices and rental history: sold once, by the developer in December 2022, 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 506, Lamaa 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 20 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,115 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Completed
- 2026
- Last sold
- AED 2.31M · December 2022
- Building
- Lamaa 2
About 506, Lamaa 2
506 is a two-bedroom apartment of 1,115 sqft on the 5th floor of Lamaa 2, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . The developer sold it on 20 December 2022 for AED 2,307,000, or AED 2,068 per sqft, in line with the AED 2,035 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Lamaa 2, and where 506 sits
All 47 2-beds →506 last sold in December 2022 at AED 2,068 per sqft, in line with what two-beds in Lamaa 2 were fetching at the time (AED 2,035). 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.
| 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 | ||
| 505 | 2-bed | 1,196 sqft | AED 2.53MAED 2,525,000 · Nov 2023November 2023 | 160,000 /yr | |
| 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 |
506, Lamaa 2 in numbers
- Sold once: by Jumeirah Hills Development on 20 December 2022 for AED 2,307,000, or AED 2,068 per sqft.
- 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 20 December 2022.
Questions about 506, Lamaa 2
What did unit 506 last sell for?
AED 2,307,000 on 20 December 2022, sold by the developer: AED 2,068 per sqft for 1,115 sqft. It is the only registered sale of the unit.
How big is unit 506?
1,115 sqft (103.6 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2026.
What is unit 506 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 506, Lamaa 2
Starts from the last sale price (AED 2.31M, 20 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,307,000
- Deposit, UAE resident (20%)
- AED 461,400
- Deposit, non-resident (40%)
- AED 922,800
- Monthly over 25 years at 3.7%
- AED 9,439
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →