408, Lamtara 1
Sold prices and rental history: sold once, by the developer 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.
Property timeline for 408, Lamtara 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 10 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,538 sqft
- Floor
- 4th of 7
- Parking
- G-01
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 35,300 /yr
- Last sold
- AED 3.98M · May 2022
- Building
- Lamtara 1
About 408, Lamtara 1
408 is a two-bedroom apartment of 1,538 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 10 May 2022 for AED 3,981,000, or AED 2,588 per sqft, 21% above the AED 2,137 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 22 2-beds →408 last sold in May 2022 at AED 2,588 per sqft, 21% above what two-beds in Lamtara 1 were fetching at the time (AED 2,137). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 1,763 sqft | 4,800,000 | 2,721 | ||
| 3 Dec 20253 December 2025 | 1,352 sqft | 4,700,000 | 3,475 | ||
| 28 Sep 202328 September 2023 | 1,538 sqft | 2,947,272 | 1,916 | ||
| 25 Sep 202325 September 2023 | 1,356 sqft | 4,750,000 | 3,503 |
Lamtara 1
Building62 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%
Other units on the 4th floor
All 62 units in Lamtara 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,356 sqft | AED 3.6MAED 3,600,000 · Dec 2022December 2022 | 190,000 /yr | |
| 402 | 2-bed | 1,354 sqft | AED 2.89MAED 2,887,000 · Mar 2022March 2022 | ||
| 403 | 4-bed | 2,662 sqft | AED 13.26MAED 13,260,000 · Oct 2024October 2024 | 600,000 /yr | |
| 404 | 3-bed | 922 sqft | AED 11.99MAED 11,987,000 · Jun 2022June 2022 | 395,000 /yr | |
| 405 | 1-bed | 774 sqft | AED 2.01MAED 2,005,000 · Mar 2022March 2022 | ||
| 406 | 1-bed | 774 sqft | AED 2.01MAED 2,005,000 · Apr 2022April 2022 | 132,500 /yr | |
| 407 | 1-bed | 765 sqft | AED 1.98MAED 1,981,000 · Jan 2022January 2022 | ||
| 409 | 2-bed | 1,352 sqft | AED 4.2MAED 4,200,000 · Nov 2022November 2022 | ||
| 410 | 1-bed | 773 sqft | AED 2.3MAED 2,300,000 · Mar 2025March 2025 |
408, Lamtara 1 in numbers
- Sold once: by Jumeirah Hills Development on 10 May 2022 for AED 3,981,000, or AED 2,588 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 10 May 2022.
Questions about 408, Lamtara 1
What did unit 408 last sell for?
AED 3,981,000 on 10 May 2022, sold by the developer: AED 2,588 per sqft for 1,538 sqft. It is the only registered sale of the unit.
How big is unit 408?
1,538 sqft (142.9 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2021.
What is unit 408 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 408, Lamtara 1
Starts from the last sale price (AED 3.98M, 10 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,981,000
- Deposit, UAE resident (20%)
- AED 796,200
- Deposit, non-resident (40%)
- AED 1,592,400
- Monthly over 25 years at 3.7%
- AED 16,288
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →