1-bed · 743 sqftLamaa 2, Umm Suqeim Third · 5th floor · completed 2026

508, Lamaa 2

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 1.75M6 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Lamaa 2

What is 508 worth today?

Last sold for AED 1,750,000 in 2023

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6 Nov 2023SoldOff-plan
AED 1,750,000AED 2,355 per sqft
8 Jan 2023Sold by developerOff-plan
AED 1,538,000AED 2,070 per sqft

Source: Dubai Land Department. Updated 6 November 2023.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
5th of 9
Parking
1
Developer
Jumeirah Hills Development
Completed
2026
Last sold
AED 1.75M · November 2023
Building
Lamaa 2

About 508, Lamaa 2

508 is a one-bedroom apartment of 743 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 6 November 2023 for AED 1,750,000, or AED 2,355 per sqft, 13% above the AED 2,082 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Lamaa 2
1.5M2M202220242026Typical sale price by year: 2022 AED 1,548,000; 2023 AED 1,576,000; 2024 AED 1,779,500; 2025 AED 1,940,000; 2026 AED 2,100,000Sold by developer, January 2023: AED 1,538,000 (AED 2,070 per sqft)Sold, November 2023: AED 1,750,000 (AED 2,355 per sqft)

508 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Lamaa 2, and where 508 sits

All 48 1-beds →

508 last sold in November 2023 at AED 2,355 per sqft, 13% above what one-beds in Lamaa 2 were fetching at the time (AED 2,082). Over the last 12 months one-beds sold for AED 1,830,000 to 2,256,000, around AED 2,788 per sqft, and rent for AED 95,000 to 180,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 20261,830,000
21 May 20262,200,000
15 May 20261,900,000
23 Feb 20262,256,000
12 1-bed sales in the last 12 months

Lamaa 2

Building

108 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%
Lamaa 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 108 units in Lamaa 2
Value
5012-bedAED 2.59M · Jan 2023
5022-bedAED 3.3M · Nov 2023
5032-bedAED 2.64M · Jan 2023
5041-bedAED 1.54M · Jan 2023
5052-bedAED 2.53M · Nov 2023
5062-bedAED 2.31M · Dec 2022
5071-bedAED 1.73M · Oct 2023
1–7 of 12

508, Lamaa 2 in numbers

  • Sold twice: first on 8 January 2023 for AED 1,538,000, last on 6 November 2023 for AED 1,750,000 (AED 2,355 per sqft).
  • One-beds in Lamaa 2 sold for AED 1,830,000–2,256,000 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 6 November 2023.

Questions about 508, Lamaa 2

What did unit 508 last sell for?

AED 1,750,000 on 6 November 2023: AED 2,355 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 1,538,000 in January 2023.

How big is unit 508?

743 sqft (69.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2026.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lamaa 2 sold for AED 1,830,000 to 2,256,000 in the last 12 months, around AED 2,788 per sqft.

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Mortgage on 508, Lamaa 2

Starts from the last sale price (AED 1.75M, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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