1-bed · 1,047 sqftLamtara 1, Umm Suqeim Third · 2nd floor · completed 2021

201, Lamtara 1

Sold prices and rental history: sold twice, last in February 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 16 February 2024
Last soldAED 2.7M16 February 2024
Current rentAED 180K /yr3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Lamtara 1

What is 201 worth today?

Last sold for AED 2,700,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Feb 2024SoldReady
AED 2,700,000AED 2,579 per sqft
3 Nov 2022RentedNew contract
AED 180,000/yr12 months · AED 172 per sqft
17 Mar 2022Sold by developerReady
AED 2,105,000AED 2,010 per sqft

Source: Dubai Land Department. Updated 16 February 2024.

Key facts

Type
1-bed apartment
Size
1,047 sqft
Floor
2nd of 7
Parking
G-14
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 24,000 /yr
Last sold
AED 2.7M · February 2024
Building
Lamtara 1

About 201, Lamtara 1

201 is a one-bedroom apartment of 1,047 sqft on the 2nd floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 16 February 2024 for AED 2,700,000, or AED 2,579 per sqft, 20% below the AED 3,236 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 November 2022. The current contract, signed on 3 November 2022, is AED 180,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 24,000 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Lamtara 1
2M2.5M202220242026Typical 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, March 2022: AED 2,105,000 (AED 2,010 per sqft)Sold, February 2024: AED 2,700,000 (AED 2,579 per sqft)

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

Rents
Unit 201, each contractTypical one-bed in Lamtara 1
150K202220242026Typical rent by year: 2022 AED 149,000; 2023 AED 169,786; 2024 AED 160,000; 2025 AED 155,000; 2026 AED 115,000New contract, November 2022: AED 180,000 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 201 sits

All 28 1-beds →

201 last sold in February 2024 at AED 2,579 per sqft, 20% below what one-beds in Lamtara 1 were fetching at the time (AED 3,236). 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. 201's AED 180,000 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 2nd floor

All 62 units in Lamtara 1
Value
2022-bedAED 4.8M · Oct 2026
2034-bedAED 13.34M · Jun 2024
2043-bedAED 9.65M · Sep 2023
2051-bedAED 1M · Jun 2022
2061-bedAED 1.56M · Feb 2022
2071-bedAED 2.75M · Dec 2023
2082-bedAED 3.09M · Mar 2022
1–7 of 9

201, Lamtara 1 in numbers

  • Sold twice: first on 17 March 2022 for AED 2,105,000, last on 16 February 2024 for AED 2,700,000 (AED 2,579 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 24,000 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 16 February 2024.

Questions about 201, Lamtara 1

What did unit 201 last sell for?

AED 2,700,000 on 16 February 2024: AED 2,579 per sqft for 1,047 sqft. The unit has 2 registered sales; the first was AED 2,105,000 in March 2022.

What is the rent for unit 201?

AED 180,000 a year on the contract signed on 3 November 2022.

How big is unit 201?

1,047 sqft (97.3 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2021.

What is unit 201 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.

Selling 201? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 201, Lamtara 1

Starts from the last sale price (AED 2.7M, 16 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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