508, Lamtara 1
Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Lamtara 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 4 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,538 sqft
- Floor
- 5th of 7
- Parking
- G-05
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 35,300 /yr
- Last sold
- AED 4M · December 2022
- Building
- Lamtara 1
About 508, Lamtara 1
508 is a two-bedroom apartment of 1,538 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 12 December 2022 for AED 4,001,000, or AED 2,601 per sqft, 21% above the AED 2,142 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 4 December 2025, is AED 230,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 35,300 a year.
Sales and rents for 508 over time
508 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 508 sits
All 22 2-beds →508 last sold in December 2022 at AED 2,601 per sqft, 21% above what two-beds in Lamtara 1 were fetching at the time (AED 2,142). 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. 508's AED 230,000 is in the upper half of that range.
| 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 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 | ||
| 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 | |
| 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 |
508, Lamtara 1 in numbers
- Sold once: by Jumeirah Hills Development on 12 December 2022 for AED 4,001,000, or AED 2,601 per sqft.
- Rented since March 2023 on 4 Ejari contracts, at AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 35,300 a year (AED 22.96 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 4 December 2025.
Questions about 508, Lamtara 1
What did unit 508 last sell for?
AED 4,001,000 on 12 December 2022, sold by the developer: AED 2,601 per sqft for 1,538 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 230,000 a year on the contract signed on 4 December 2025. The previous contract, from July 2024, was AED 230,000; the unit has been rented since March 2023.
How big is unit 508?
1,538 sqft (142.9 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2021.
What is unit 508 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 508, Lamtara 1
Starts from the last sale price (AED 4M, 12 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,001,000
- Deposit, UAE resident (20%)
- AED 800,200
- Deposit, non-resident (40%)
- AED 1,600,400
- Monthly over 25 years at 3.7%
- AED 16,369
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →