2-bed · 1,119 sqftLamaa 2, Umm Suqeim Third · 7th floor · completed 2026

701, Lamaa 2

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 3.01M26 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Lamaa 2

What is 701 worth today?

Last sold for AED 3,007,820 in 2024

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26 Mar 2024SoldOff-plan
AED 3,007,820AED 2,688 per sqft
13 Apr 2023Sold by developerOff-plan
AED 2,549,000AED 2,278 per sqft

Source: Dubai Land Department. Updated 26 March 2024.

Key facts

Type
2-bed apartment
Size
1,119 sqft
Floor
7th of 9
Parking
1
Developer
Jumeirah Hills Development
Completed
2026
Last sold
AED 3.01M · March 2024
Building
Lamaa 2

About 701, Lamaa 2

701 is a two-bedroom apartment of 1,119 sqft on the 7th floor of Lamaa 2, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . It last sold on 26 March 2024 for AED 3,007,820, or AED 2,688 per sqft, 15% above the AED 2,331 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Lamaa 2
2.5M3M202220242026Typical sale price by year: 2022 AED 2,501,000; 2023 AED 2,549,000; 2024 AED 2,850,000; 2025 AED 2,900,000; 2026 AED 3,200,000Sold by developer, April 2023: AED 2,549,000 (AED 2,278 per sqft)Sold, March 2024: AED 3,007,820 (AED 2,688 per sqft)

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

2-beds in Lamaa 2, and where 701 sits

All 47 2-beds →

701 last sold in March 2024 at AED 2,688 per sqft, 15% above what two-beds in Lamaa 2 were fetching at the time (AED 2,331). 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 salesUnit no.Price (AED)Summary
4 Sep 20263,250,000
19 Aug 20263,200,000
21 Jul 20262,800,000
2 Jul 20263,200,000
8 2-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 7th floor

All 108 units in Lamaa 2
Value
7024-bedAED 8.13M · Jun 2024
7032-bedAED 2.64M · Mar 2024
7042-bedAED 3.38M · Jun 2025
7051-bedAED 2.26M · Feb 2026
7061-bedAED 1.7M · Nov 2023
7071-bedAED 1.94M · Nov 2025
7081-bedAED 1.82M · Jan 2025
1–7 of 9

701, Lamaa 2 in numbers

  • Sold twice: first on 13 April 2023 for AED 2,549,000, last on 26 March 2024 for AED 3,007,820 (AED 2,688 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 26 March 2024.

Questions about 701, Lamaa 2

What did unit 701 last sell for?

AED 3,007,820 on 26 March 2024: AED 2,688 per sqft for 1,119 sqft. The unit has 2 registered sales; the first was AED 2,549,000 in April 2023.

How big is unit 701?

1,119 sqft (104.0 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2026.

What is unit 701 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 701, Lamaa 2

Starts from the last sale price (AED 3.01M, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,007,820
Deposit, UAE resident (20%)
AED 601,564
Deposit, non-resident (40%)
AED 1,203,128
Monthly over 25 years at 3.7%
AED 12,306

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