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4-bed · 2,662 sqftLamtara 1, Umm Suqeim Third · 5th floor · completed 2021

503, Lamtara 1

Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 15.26M16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Lamtara 1

What is 503 worth today?

Last sold for AED 15,255,000 in 2024

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16 Jan 2024Sold by developerReady
AED 15,255,000AED 5,731 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
4-bed apartment
Size
2,662 sqft
Floor
5th of 7
Parking
G-85, G-86
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 61,100 /yr
Last sold
AED 15.26M · January 2024
Building
Lamtara 1

About 503, Lamtara 1

503 is a four-bedroom apartment of 2,662 sqft on the 5th floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 16 January 2024 for AED 15,255,000, or AED 5,731 per sqft.

No rental contract for the unit is registered on Ejari.

4-beds in Lamtara 1, and where 503 sits

All 5 4-beds →

Over the last 12 months four-beds sold for AED 12,622,500 to 17,800,000, around AED 4,695 per sqft.

Recent 4-bed salesUnit no.Price (AED)Summary
5 May 202612,622,500
13 Nov 202517,800,000
31 Oct 202413,260,000
21 Jun 202413,344,000
2 4-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 5th floor

All 62 units in Lamtara 1
Value
5012-bedAED 4.75M · Sep 2023
5022-bedAED 2.9M · Mar 2022
5043-bedAED 12.91M · Feb 2022
5051-bedAED 2.6M · Aug 2023
5061-bedAED 2.42M · Apr 2023
5071-bedAED 1.99M · Feb 2022
5082-bedAED 4M · Dec 2022
1–7 of 9

503, Lamtara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 16 January 2024 for AED 15,255,000, or AED 5,731 per sqft.
  • Four-beds in Lamtara 1 sold for AED 12,622,500–17,800,000 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 16 January 2024.

Questions about 503, Lamtara 1

What did unit 503 last sell for?

AED 15,255,000 on 16 January 2024, sold by the developer: AED 5,731 per sqft for 2,662 sqft. It is the only registered sale of the unit.

How big is unit 503?

2,662 sqft (247.3 sqm): a four-bedroom apartment on the 5th floor of a 7-storey tower completed in 2021.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Lamtara 1 sold for AED 12,622,500 to 17,800,000 in the last 12 months, around AED 4,695 per sqft.

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Mortgage on 503, Lamtara 1

Starts from the last sale price (AED 15.26M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 15,255,000
Deposit, UAE resident (20%)
AED 3,051,000
Deposit, non-resident (40%)
AED 6,102,000
Monthly over 25 years at 3.7%
AED 62,413

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