1-bed · 765 sqftLamtara 1, Umm Suqeim Third · 1st floor · completed 2021

106, Lamtara 1

Sold prices and rental history: sold 3 times, last in December 2023, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 11 December 2023
Last soldAED 2.3M11 December 2023
Current rentAED 199K /yr17 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Lamtara 1

What is 106 worth today?

Last sold for AED 2,300,000 in 2023

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11 Dec 2023SoldReady
AED 2,300,000AED 3,005 per sqft
17 Mar 2023RentedNew contract
AED 199,464/yr12 months · AED 261 per sqft
22 Jun 2022SoldReady
AED 1,950,000AED 2,548 per sqft
7 Feb 2022Sold by developerReady
AED 1,531,000AED 2,000 per sqft

Source: Dubai Land Department. Updated 11 December 2023.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
1st of 7
Parking
G-13
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,600 /yr
Last sold
AED 2.3M · December 2023
Building
Lamtara 1

About 106, Lamtara 1

106 is a one-bedroom apartment of 765 sqft on the 1st floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 11 December 2023 for AED 2,300,000, or AED 3,005 per sqft, 4% below the AED 3,125 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 March 2023. The current contract, signed on 17 March 2023, is AED 199,464 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 17,600 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Lamtara 1
2M202220242026Typical sale price by year: 2022 AED 2,000,000; 2023 AED 2,485,000; 2024 AED 2,675,000; 2025 AED 2,320,000; 2026 AED 2,300,000Sold by developer, February 2022: AED 1,531,000 (AED 2,000 per sqft)Sold, June 2022: AED 1,950,000 (AED 2,548 per sqft)Sold, December 2023: AED 2,300,000 (AED 3,005 per sqft)

106 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 106, each contractTypical one-bed in Lamtara 1
100K150K200K202220242026Typical rent by year: 2022 AED 149,000; 2023 AED 169,786; 2024 AED 160,000; 2025 AED 155,000; 2026 AED 115,000New contract, March 2023: AED 199,464 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lamtara 1, and where 106 sits

All 28 1-beds →

106 last sold in December 2023 at AED 3,005 per sqft, 4% below what one-beds in Lamtara 1 were fetching at the time (AED 3,125). Over the last 12 months one-beds sold for AED 2,100,000 to 3,400,000, around AED 2,977 per sqft, and rent for AED 90,000 to 180,000 a year. 106's AED 199,464 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 20262,300,000
20 Apr 20262,100,000
8 Jan 20263,400,000
22 Apr 20252,320,000
3 1-bed sales in the last 12 months

Lamtara 1

Building

62 apartments, 1-bed to 4-bed over 7 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 7 sold in the last 12 months.

Typical price per sqft
AED 3,475
Typical sale
AED 4.7M
Typical rent
AED 158K /yr
Typical yield
4.4%
Lamtara 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 1st floor

All 62 units in Lamtara 1
Value
1012-bedAED 7.04M · Mar 2022
1022-bedAED 6.8M · Mar 2022
1033-bedAED 8.9M · Sep 2023
1041-bedAED 2.55M · Mar 2023
1051-bedAED 2.1M · Apr 2026
1072-bedAED 3.42M · Feb 2022

106, Lamtara 1 in numbers

  • Sold 3 times: first on 7 February 2022 for AED 1,531,000, last on 11 December 2023 for AED 2,300,000 (AED 3,005 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 199,464 a year.
  • At AED 199,464 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 17,600 a year (AED 22.96 per sqft).
  • One-beds in Lamtara 1 sold for AED 2,100,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 3,475 per sqft.

Source: Dubai Land Department. Updated 11 December 2023.

Questions about 106, Lamtara 1

What did unit 106 last sell for?

AED 2,300,000 on 11 December 2023: AED 3,005 per sqft for 765 sqft. The unit has 3 registered sales; the first was AED 1,531,000 in February 2022.

What is the rent for unit 106?

AED 199,464 a year on the contract signed on 17 March 2023.

How big is unit 106?

765 sqft (71.1 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2021.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lamtara 1 sold for AED 2,100,000 to 3,400,000 in the last 12 months, around AED 2,977 per sqft.

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Mortgage on 106, Lamtara 1

Starts from the last sale price (AED 2.3M, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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