2-bed · 1,352 sqftLamtara 1, Umm Suqeim Third · 3rd floor · completed 2021

309, Lamtara 1

Sold prices and rental history: sold twice, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 19 May 2022
Last soldAED 2.85M19 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Lamtara 1

What is 309 worth today?

Last sold for AED 2,850,000 in 2022

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19 May 2022SoldReady
AED 2,850,000AED 2,107 per sqft
8 Mar 2022Sold by developerReady
AED 2,732,000AED 2,020 per sqft

Source: Dubai Land Department. Updated 19 May 2022.

Key facts

Type
2-bed apartment
Size
1,352 sqft
Floor
3rd of 7
Parking
G-79
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,000 /yr
Last sold
AED 2.85M · May 2022
Building
Lamtara 1

About 309, Lamtara 1

309 is a two-bedroom apartment of 1,352 sqft on the 3rd floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 19 May 2022 for AED 2,850,000, or AED 2,107 per sqft, in line with the AED 2,132 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Lamtara 1
3M4M5M202220232024Typical sale price by year: 2022 AED 3,086,000; 2023 AED 4,750,000Sold by developer, March 2022: AED 2,732,000 (AED 2,020 per sqft)Sold, May 2022: AED 2,850,000 (AED 2,107 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Lamtara 1
200K220K2024202520262027Typical rent by year: 2024 AED 229,999; 2025 AED 225,000; 2026 AED 190,000

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

2-beds in Lamtara 1, and where 309 sits

All 22 2-beds →

309 last sold in May 2022 at AED 2,107 per sqft, in line with what two-beds in Lamtara 1 were fetching at the time (AED 2,132). Over the last 12 months two-beds sold for AED 4,700,000 to 4,800,000, around AED 3,098 per sqft, and rent for AED 160,000 to 300,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20264,800,000
3 Dec 20254,700,000
28 Sep 20232,947,272
25 Sep 20234,750,000
2 2-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 3rd floor

All 62 units in Lamtara 1
Value
3012-bedAED 2.73M · Mar 2022
3022-bedAED 2.74M · Mar 2022
3034-bedAED 12.62M · May 2026
3043-bedAED 10.7M · Sep 2023
3051-bedAED 2.5M · Apr 2025
3061-bedAED 2.75M · Dec 2022
3071-bedAED 1.86M · Mar 2022
1–7 of 9

309, Lamtara 1 in numbers

  • Sold twice: first on 8 March 2022 for AED 2,732,000, last on 19 May 2022 for AED 2,850,000 (AED 2,107 per sqft).
  • Two-beds in Lamtara 1 sold for AED 4,700,000–4,800,000 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 19 May 2022.

Questions about 309, Lamtara 1

What did unit 309 last sell for?

AED 2,850,000 on 19 May 2022: AED 2,107 per sqft for 1,352 sqft. The unit has 2 registered sales; the first was AED 2,732,000 in March 2022.

How big is unit 309?

1,352 sqft (125.6 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2021.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lamtara 1 sold for AED 4,700,000 to 4,800,000 in the last 12 months, around AED 3,098 per sqft.

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Mortgage on 309, Lamtara 1

Starts from the last sale price (AED 2.85M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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