505, Lamaa 3
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.
Property timeline for 505, Lamaa 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 9 January 2023.
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 2.28M · January 2023
- Building
- Lamaa 3
About 505, Lamaa 3
505 is a two-bedroom apartment of 1,196 sqft on the 5th floor of Lamaa 3, a 9-storey tower in Umm Suqeim Third completed in 2026 by Jumeirah Hills Development . The developer sold it on 9 January 2023 for AED 2,281,000, or AED 1,907 per sqft, 6% below the AED 2,018 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 505 over time
505 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Lamaa 3, and where 505 sits
All 36 2-beds →505 last sold in January 2023 at AED 1,907 per sqft, 6% below what two-beds in Lamaa 3 were fetching at the time (AED 2,018). Over the last 12 months two-beds sold for AED 2,530,000 to 3,350,000, around AED 2,430 per sqft, and rent for AED 165,000 to 165,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 1,113 sqft | 2,530,000 | 2,274 | ||
| 6 Jul 20266 July 2026 | 1,296 sqft | 3,350,000 | 2,585 | ||
| 16 Oct 202516 October 2025 | 1,294 sqft | 3,410,000 | 2,634 | ||
| 26 Jun 202526 June 2025 | 1,197 sqft | 2,750,000 | 2,297 |
Lamaa 3
Building91 apartments, 1-bed to 2-bed over 9 floors in Umm Suqeim Third, completed in 2026 by Jumeirah Hills Development . 8 sold in the last 12 months.
- Typical price per sqft
- AED 2,672
- Typical sale
- AED 2.03M
- Typical rent
- AED 105K /yr
- Typical yield
- 5.1%
Other units on the 5th floor
All 91 units in Lamaa 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 732 sqft | AED 1.65MAED 1,653,000 · Dec 2022December 2022 | ||
| 502 | 1-bed | 739 sqft | AED 1.71MAED 1,712,000 · Jan 2023January 2023 | ||
| 503 | 2-bed | 1,114 sqft | AED 2.27MAED 2,270,000 · Jan 2023January 2023 | ||
| 504 | 2-bed | 1,112 sqft | AED 2.23MAED 2,225,000 · Jan 2023January 2023 | ||
| 506 | 1-bed | 753 sqft | AED 1.54MAED 1,544,000 · Jan 2023January 2023 | ||
| 507 | 1-bed | 731 sqft | AED 1.51MAED 1,507,000 · Dec 2022December 2022 | ||
| 508 | 1-bed | 731 sqft | AED 1.54MAED 1,536,000 · Jan 2023January 2023 | ||
| 509 | 2-bed | 1,294 sqft | AED 2.93MAED 2,932,000 · Jan 2023January 2023 | ||
| 510 | 1-bed | 735 sqft | AED 1.66MAED 1,660,000 · Jan 2023January 2023 |
505, Lamaa 3 in numbers
- Sold once: by Jumeirah Hills Development on 9 January 2023 for AED 2,281,000, or AED 1,907 per sqft.
- Two-beds in Lamaa 3 sold for AED 2,530,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,672 per sqft.
Source: Dubai Land Department. Updated 9 January 2023.
Questions about 505, Lamaa 3
What did unit 505 last sell for?
AED 2,281,000 on 9 January 2023, sold by the developer: AED 1,907 per sqft for 1,196 sqft. It is the only registered sale of the unit.
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 3 sold for AED 2,530,000 to 3,350,000 in the last 12 months, around AED 2,430 per sqft.
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Mortgage on 505, Lamaa 3
Starts from the last sale price (AED 2.28M, 9 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,281,000
- Deposit, UAE resident (20%)
- AED 456,200
- Deposit, non-resident (40%)
- AED 912,400
- Monthly over 25 years at 3.7%
- AED 9,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →