1-bed · 765 sqftLamtara 1, Umm Suqeim Third · 7th floor · completed 2021

704, Lamtara 1

Sold prices and rental history: sold 3 times, last in January 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 8 January 2026
Last soldAED 3.4M8 January 2026
Current rentAED 295K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Lamtara 1

What is 704 worth today?

Last sold for AED 3,400,000 in 2026

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8 Jan 2026SoldReady
AED 3,400,000AED 4,443 per sqft
1 Feb 2024RentedNew contract
AED 295,000/yr12 months · AED 386 per sqft
1 Jan 2023RentedNew contract
AED 294,209/yr12 months · AED 385 per sqft
20 Dec 2022SoldReady
AED 2,005,000AED 2,620 per sqft
22 Jun 2022Sold by developerReady
AED 2,171,000AED 2,837 per sqft

Source: Dubai Land Department. Updated 8 January 2026.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
7th of 7
Parking
L1-09
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,600 /yr
Last sold
AED 3.4M · January 2026
Building
Lamtara 1

About 704, Lamtara 1

704 is a one-bedroom apartment of 765 sqft on the 7th floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 8 January 2026 for AED 3,400,000, or AED 4,443 per sqft, 43% above the AED 3,116 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 February 2024, is AED 295,000 a year: a gross yield of 8.7% on the 2026 price, before the service charge of about AED 17,600 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Lamtara 1
2M3M202220242026Typical sale price by year: 2022 AED 2,000,000; 2023 AED 2,485,000; 2024 AED 2,675,000; 2025 AED 2,320,000; 2026 AED 2,300,000Sold by developer, June 2022: AED 2,171,000 (AED 2,837 per sqft)Sold, December 2022: AED 2,005,000 (AED 2,620 per sqft)Sold, January 2026: AED 3,400,000 (AED 4,443 per sqft)

704 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Lamtara 1
100K200K300K202220242026Typical rent by year: 2022 AED 149,000; 2023 AED 169,786; 2024 AED 160,000; 2025 AED 155,000; 2026 AED 115,000New contract, January 2023: AED 294,209 a yearNew contract, February 2024: AED 295,000 a year

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 704 sits

All 28 1-beds →

704 last sold in January 2026 at AED 4,443 per sqft, 43% above what one-beds in Lamtara 1 were fetching at the time (AED 3,116). 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. 704's AED 295,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 20262,300,000
20 Apr 20262,100,000
22 Apr 20252,320,000
16 Apr 20252,500,000
3 1-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 7th floor

All 62 units in Lamtara 1
Value
7013-bedAED 8.5M · Apr 2025
7021-bedAED 2.2M · Feb 2022
7031-bedAED 2.2M · Mar 2022
7052-bedAED 5.3M · Mar 2023
7062-bedAED 3.07M · Jan 2022
7071-bedAED 1.75M · Mar 2022

704, Lamtara 1 in numbers

  • Sold 3 times: first on 22 June 2022 for AED 2,171,000, last on 8 January 2026 for AED 3,400,000 (AED 4,443 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, from AED 294,209 to AED 295,000 a year.
  • At AED 295,000 a year the gross yield on the 2026 price is 8.7%, before a service charge of about AED 17,600 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 8 January 2026.

Questions about 704, Lamtara 1

What did unit 704 last sell for?

AED 3,400,000 on 8 January 2026: AED 4,443 per sqft for 765 sqft. The unit has 3 registered sales; the first was AED 2,171,000 in June 2022.

What is the rent for unit 704?

AED 295,000 a year on the contract signed on 1 February 2024. The previous contract, from January 2023, was AED 294,209.

How big is unit 704?

765 sqft (71.1 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2021.

What is unit 704 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 704, Lamtara 1

Starts from the last sale price (AED 3.4M, 8 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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