2-bed · 1,538 sqftLamtara 1, Umm Suqeim Third · 7th floor · completed 2021

705, Lamtara 1

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 5.3M21 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Lamtara 1

What is 705 worth today?

Last sold for AED 5,300,000 in 2023

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21 Mar 2023SoldReady
AED 5,300,000AED 3,445 per sqft
23 Mar 2022Sold by developerReady
AED 4,363,000AED 2,836 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
2-bed apartment
Size
1,538 sqft
Floor
7th of 7
Parking
G-09
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 35,300 /yr
Last sold
AED 5.3M · March 2023
Building
Lamtara 1

About 705, Lamtara 1

705 is a two-bedroom apartment of 1,538 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 21 March 2023 for AED 5,300,000, or AED 3,445 per sqft, 33% above the AED 2,595 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Lamtara 1
4M202220232024Typical sale price by year: 2022 AED 3,086,000; 2023 AED 4,750,000Sold by developer, March 2022: AED 4,363,000 (AED 2,836 per sqft)Sold, March 2023: AED 5,300,000 (AED 3,445 per sqft)

705 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, each contractTypical two-bed in Lamtara 1
200K220K2024202520262027Typical rent by year: 2024 AED 229,999; 2025 AED 225,000; 2026 AED 190,000

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 705 sits

All 22 2-beds →

705 last sold in March 2023 at AED 3,445 per sqft, 33% above what two-beds in Lamtara 1 were fetching at the time (AED 2,595). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20264,800,000
3 Dec 20254,700,000
28 Sep 20232,947,272
25 Sep 20234,750,000
2 2-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
7041-bedAED 3.4M · Jan 2026
7062-bedAED 3.07M · Jan 2022
7071-bedAED 1.75M · Mar 2022

705, Lamtara 1 in numbers

  • Sold twice: first on 23 March 2022 for AED 4,363,000, last on 21 March 2023 for AED 5,300,000 (AED 3,445 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 21 March 2023.

Questions about 705, Lamtara 1

What did unit 705 last sell for?

AED 5,300,000 on 21 March 2023: AED 3,445 per sqft for 1,538 sqft. The unit has 2 registered sales; the first was AED 4,363,000 in March 2022.

How big is unit 705?

1,538 sqft (142.9 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2021.

What is unit 705 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 705, Lamtara 1

Starts from the last sale price (AED 5.3M, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

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