1-bed · 765 sqftLamtara 1, Umm Suqeim Third · 2nd floor · completed 2021

207, Lamtara 1

Sold prices and rental history: sold twice, last in December 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 2.75M1 December 2023
Current rentAED 170K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Lamtara 1

What is 207 worth today?

Last sold for AED 2,750,000 in 2023

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15 Oct 2024RentedNew contract
AED 170,000/yr12 months · AED 222 per sqft
1 Dec 2023SoldReady
AED 2,750,000AED 3,593 per sqft
14 Feb 2022Sold by developerReady
AED 1,539,000AED 2,011 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
2nd of 7
Parking
L1-65
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,600 /yr
Last sold
AED 2.75M · December 2023
Building
Lamtara 1

About 207, Lamtara 1

207 is a one-bedroom apartment of 765 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 1 December 2023 for AED 2,750,000, or AED 3,593 per sqft, 12% above the AED 3,209 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2024. The current contract, signed on 15 October 2024, is AED 170,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 17,600 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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 1,539,000 (AED 2,011 per sqft)Sold, December 2023: AED 2,750,000 (AED 3,593 per sqft)

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

Rents
Unit 207, each contractTypical one-bed in Lamtara 1
125K150K175K202220242026Typical rent by year: 2022 AED 149,000; 2023 AED 169,786; 2024 AED 160,000; 2025 AED 155,000; 2026 AED 115,000New contract, October 2024: AED 170,000 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 207 sits

All 28 1-beds →

207 last sold in December 2023 at AED 3,593 per sqft, 12% above what one-beds in Lamtara 1 were fetching at the time (AED 3,209). 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. 207's AED 170,000 is in the upper half 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
2011-bedAED 2.7M · Feb 2024
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
2082-bedAED 3.09M · Mar 2022
1–7 of 9

207, Lamtara 1 in numbers

  • Sold twice: first on 14 February 2022 for AED 1,539,000, last on 1 December 2023 for AED 2,750,000 (AED 3,593 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 6.2%, 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 15 October 2024.

Questions about 207, Lamtara 1

What did unit 207 last sell for?

AED 2,750,000 on 1 December 2023: AED 3,593 per sqft for 765 sqft. The unit has 2 registered sales; the first was AED 1,539,000 in February 2022.

What is the rent for unit 207?

AED 170,000 a year on the contract signed on 15 October 2024.

How big is unit 207?

765 sqft (71.1 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2021.

What is unit 207 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 207, Lamtara 1

Starts from the last sale price (AED 2.75M, 1 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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