506, Lamtara 1
Sold prices and rental history: sold twice, last in April 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Lamtara 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 774 sqft
- Floor
- 5th of 7
- Parking
- L1-77
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 17,800 /yr
- Last sold
- AED 2.42M · April 2023
- Building
- Lamtara 1
About 506, Lamtara 1
506 is a one-bedroom apartment of 774 sqft on the 5th floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 6 April 2023 for AED 2,420,000, or AED 3,125 per sqft, 11% above the AED 2,810 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 15 September 2026, is AED 120,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 17,800 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 28 1-beds →506 last sold in April 2023 at AED 3,125 per sqft, 11% above what one-beds in Lamtara 1 were fetching at the time (AED 2,810). 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. 506's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 773 sqft | 2,300,000 | 2,977 | ||
| 20 Apr 202620 April 2026 | 774 sqft | 2,100,000 | 2,711 | ||
| 8 Jan 20268 January 2026 | 765 sqft | 3,400,000 | 4,443 | ||
| 22 Apr 202522 April 2025 | 773 sqft | 2,320,000 | 3,003 |
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 | ||
| 504 | 3-bed | 1,844 sqft | AED 12.91MAED 12,909,000 · Feb 2022February 2022 | 802,337 /yr | |
| 505 | 1-bed | 774 sqft | AED 2.6MAED 2,600,000 · Aug 2023August 2023 | ||
| 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 |
506, Lamtara 1 in numbers
- Sold twice: first on 3 January 2022 for AED 2,015,000, last on 6 April 2023 for AED 2,420,000 (AED 3,125 per sqft).
- Rented since September 2024 on 3 Ejari contracts, from AED 160,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 17,800 a year (AED 22.96 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 15 September 2026.
Questions about 506, Lamtara 1
What did unit 506 last sell for?
AED 2,420,000 on 6 April 2023: AED 3,125 per sqft for 774 sqft. The unit has 2 registered sales; the first was AED 2,015,000 in January 2022.
What is the rent for unit 506?
AED 120,000 a year on the contract signed on 15 September 2026. The previous contract, from February 2026, was AED 125,000; the unit has been rented since September 2024.
How big is unit 506?
774 sqft (71.9 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2021.
What is unit 506 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 506, Lamtara 1
Starts from the last sale price (AED 2.42M, 6 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,420,000
- Deposit, UAE resident (20%)
- AED 484,000
- Deposit, non-resident (40%)
- AED 968,000
- Monthly over 25 years at 3.7%
- AED 9,901
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →