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Sold for AED 3,500,000: 2-Bedroom Apartment in Lamaa

Located in Umm Suqeim 3, Dubai. Its price per sqft is −21% vs the Lamaa median (AED 2,637/sqft).

All Umm Suqeim 3 salesLamaa prices

Sale price

AED 3,500,000

Per sqft
AED 2,088
Registered
1 Oct 2026, 16:30 (Dubai)

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in Lamaa: same layout, exact size (1,677 sqft) and parking bay B-185. The registry has no unit numbers, so records are matched on these details.

  1. 1 Oct 2026This sale

    1,677 sqft · AED 2,088/sqft · Ready

    First recordAED 3,500,000

  2. 1 Oct 2026Mortgage

    Same day as previous · 1,677 sqft · AED 1,670/sqft · Ready

    20%lower than the previous recordAED 2,800,000

  3. 6 Oct 2026Mortgage

    Held 5 days · 1,677 sqft · AED 1,670/sqft · Ready

    0%unchanged than the previous recordAED 2,800,000
Records
3
Registered
Same day
as the mortgage, 1 Oct 2026
Loan to value
80%
AED 2.8M mortgage on the AED 3.5M sale

02 / The property

Property details

Size
1,677 sqft · 155.76 m²
Bedrooms
2 BR
Registered as
Delayed Sell
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
B-185

03 / Comparables

All sales in Lamaa (6 Jan 2026 – 1 Oct 2026)

41 market sales, latest 30 shown. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
2 BR · 1,677 sqftReadySelected sale
1 Oct 20263.5M2,088
29 Sept 20263.5M0% vs selected2,694+29% vs selected
29 Sept 20263.25M−7% vs selected2,920+40% vs selected
28 Sept 20261.95M−44% vs selected2,637+26% vs selected
25 Sept 20263.58M+2% vs selected2,747+32% vs selected
24 Sept 20262M−43% vs selected2,716+30% vs selected
22 Sept 20261.98M−44% vs selected2,633+26% vs selected
4 Sept 20263.25M−7% vs selected2,517+21% vs selected
19 Aug 20263.2M−9% vs selected2,663+28% vs selected
18 Aug 20262.02M−42% vs selected1,970−6% vs selected
29 Jul 20267.95M+127% vs selected2,512+20% vs selected
24 Jul 20262.53M−28% vs selected2,274+9% vs selected
21 Jul 20262.8M−20% vs selected2,335+12% vs selected
18 Jul 20262.05M−41% vs selected2,770+33% vs selected
6 Jul 20263.35M−4% vs selected2,576+23% vs selected
2 Jul 20263.2M−9% vs selected2,266+9% vs selected
25 Jun 20261.83M−48% vs selected—— vs selected
9 Jun 20263.15M−10% vs selected2,807+34% vs selected
22 May 20263.21M−8% vs selected—— vs selected
21 May 20262.2M−37% vs selected2,869+37% vs selected
21 May 20262.97M−15% vs selected2,291+10% vs selected
15 May 20261.9M−46% vs selected2,478+19% vs selected
30 Apr 20262.2M−37% vs selected2,927+40% vs selected
29 Apr 20261.87M−47% vs selected2,556+22% vs selected
16 Apr 20261.92M−45% vs selected2,581+24% vs selected
15 Apr 20265.5M+57% vs selected—— vs selected
7 Apr 20261.83M−48% vs selected2,436+17% vs selected
17 Mar 20261.8M−49% vs selected1,843−12% vs selected
4 Mar 20265.2M+49% vs selected2,069−1% vs selected
23 Feb 20262.26M−36% vs selected3,054+46% vs selected

04 / Renting it out

What similar apartments rent for

Median of 6 market rents of apartments of 1,425–1,928 sq ft in Umm Suqeim 3. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 128,450
Per sqft / yr
AED 79/sqft
Gross yield
3.7%