504, Lamtara 1
Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Lamtara 1
What is 504 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,844 sqft
- Floor
- 5th of 7
- Parking
- G-90, G-91
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 42,300 /yr
- Last sold
- AED 12.91M · February 2022
- Building
- Lamtara 1
About 504, Lamtara 1
504 is a three-bedroom apartment of 1,844 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 8 February 2022 for AED 12,909,000, or AED 7,000 per sqft.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 2 April 2024, is AED 802,337 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 42,300 a year.
3-beds in Lamtara 1, and where 504 sits
All 7 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Apr 202522 April 2025 | 2,473 sqft | 8,500,000 | 3,437 | ||
| 17 Dec 202317 December 2023 | 1,844 sqft | 12,250,000 | 6,642 | ||
| 25 Sep 202325 September 2023 | 2,473 sqft | 14,751,000 | 5,964 | ||
| 13 Sep 202313 September 2023 | 2,007 sqft | 10,700,000 | 5,331 |
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 5th floor
All 62 units in Lamtara 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,356 sqft | AED 4.75MAED 4,750,000 · Sep 2023September 2023 | ||
| 502 | 2-bed | 1,354 sqft | AED 2.9MAED 2,901,000 · Mar 2022March 2022 | ||
| 503 | 4-bed | 2,662 sqft | AED 15.26MAED 15,255,000 · Jan 2024January 2024 | ||
| 505 | 1-bed | 774 sqft | AED 2.6MAED 2,600,000 · Aug 2023August 2023 | ||
| 506 | 1-bed | 774 sqft | AED 2.42MAED 2,420,000 · Apr 2023April 2023 | 120,000 /yr | |
| 507 | 1-bed | 765 sqft | AED 1.99MAED 1,991,000 · Feb 2022February 2022 | 110,000 /yr | |
| 508 | 2-bed | 1,538 sqft | AED 4MAED 4,001,000 · Dec 2022December 2022 | 230,000 /yr | |
| 509 | 2-bed | 1,352 sqft | AED 4.7MAED 4,700,000 · Dec 2025December 2025 | 250,000 /yr | |
| 510 | 1-bed | 773 sqft | AED 2.3MAED 2,300,000 · Oct 2026October 2026 | 120,000 /yr |
504, Lamtara 1 in numbers
- Sold once: by Jumeirah Hills Development on 8 February 2022 for AED 12,909,000, or AED 7,000 per sqft.
- Rented since April 2023 on 3 Ejari contracts, from AED 795,000 to AED 802,337 a year.
- At AED 802,337 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 42,300 a year (AED 22.96 per sqft).
Source: Dubai Land Department. Updated 2 April 2024.
Questions about 504, Lamtara 1
What did unit 504 last sell for?
AED 12,909,000 on 8 February 2022, sold by the developer: AED 7,000 per sqft for 1,844 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 802,337 a year on the contract renewed on 2 April 2024. The previous contract, from April 2024, was AED 802,337; the unit has been rented since April 2023.
How big is unit 504?
1,844 sqft (171.3 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2021.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 504? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 504, Lamtara 1
Starts from the last sale price (AED 12.91M, 8 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 12,909,000
- Deposit, UAE resident (20%)
- AED 2,581,800
- Deposit, non-resident (40%)
- AED 5,163,600
- Monthly over 25 years at 3.7%
- AED 52,815
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →