1-bed · 774 sqftLamtara 1, Umm Suqeim Third · 4th floor · completed 2021

405, Lamtara 1

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 12 March 2022
Last soldAED 2.01M12 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Lamtara 1

What is 405 worth today?

Last sold for AED 2,005,000 in 2022

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12 Mar 2022Sold by developerReady
AED 2,005,000AED 2,589 per sqft

Source: Dubai Land Department. Updated 12 March 2022.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
4th of 7
Parking
L1-59
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,800 /yr
Last sold
AED 2.01M · March 2022
Building
Lamtara 1

About 405, Lamtara 1

405 is a one-bedroom apartment of 774 sqft on the 4th floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 12 March 2022 for AED 2,005,000, or AED 2,589 per sqft, 14% above the AED 2,266 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, 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 2,005,000 (AED 2,589 per sqft)

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

Rents
Unit 405, 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 115,000

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 405 sits

All 28 1-beds →

405 last sold in March 2022 at AED 2,589 per sqft, 14% above what one-beds in Lamtara 1 were fetching at the time (AED 2,266). 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.

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 4th floor

All 62 units in Lamtara 1
Value
4012-bedAED 3.6M · Dec 2022
4022-bedAED 2.89M · Mar 2022
4034-bedAED 13.26M · Oct 2024
4043-bedAED 11.99M · Jun 2022
4061-bedAED 2.01M · Apr 2022
4071-bedAED 1.98M · Jan 2022
4082-bedAED 3.98M · May 2022
1–7 of 9

405, Lamtara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 12 March 2022 for AED 2,005,000, or AED 2,589 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 12 March 2022.

Questions about 405, Lamtara 1

What did unit 405 last sell for?

AED 2,005,000 on 12 March 2022, sold by the developer: AED 2,589 per sqft for 774 sqft. It is the only registered sale of the unit.

How big is unit 405?

774 sqft (71.9 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2021.

What is unit 405 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 405, Lamtara 1

Starts from the last sale price (AED 2.01M, 12 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,005,000
Deposit, UAE resident (20%)
AED 401,000
Deposit, non-resident (40%)
AED 802,000
Monthly over 25 years at 3.7%
AED 8,203

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