2-bed · 1,360 sqftLamtara 3, Umm Suqeim Third · 2nd floor · completed 2021

208, Lamtara 3

Sold prices and rental history: sold twice, last in September 2023, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 21 September 2023
Last soldAED 4.3M21 September 2023
Current rentAED 210K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Lamtara 3

What is 208 worth today?

Last sold for AED 4,300,000 in 2023

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21 Sep 2023SoldReady
AED 4,300,000AED 3,162 per sqft
1 Sep 2022RentedNew contract
AED 210,000/yr12 months · AED 155 per sqft
17 Dec 2019Sold by developerOff-plan
AED 2,160,000AED 1,588 per sqft

Source: Dubai Land Department. Updated 21 September 2023.

Key facts

Type
2-bed apartment
Size
1,360 sqft
Floor
2nd of 8
Parking
L1-189
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,200 /yr
Last sold
AED 4.3M · September 2023
Building
Lamtara 3

About 208, Lamtara 3

208 is a two-bedroom apartment of 1,360 sqft on the 2nd floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 21 September 2023 for AED 4,300,000, or AED 3,162 per sqft, 21% above the AED 2,616 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2022. The current contract, signed on 1 September 2022, is AED 210,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 31,200 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Lamtara 3
2M4M2019202120232025Typical sale price by year: 2019 AED 2,244,500; 2020 AED 2,541,000; 2021 AED 2,507,000; 2022 AED 3,100,000; 2023 AED 4,025,000; 2024 AED 4,545,500Sold by developer, December 2019: AED 2,160,000 (AED 1,588 per sqft)Sold, September 2023: AED 4,300,000 (AED 3,162 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in Lamtara 3
200K220K202220242026Typical rent by year: 2022 AED 190,000; 2023 AED 220,000; 2024 AED 225,000; 2025 AED 221,899; 2026 AED 200,000New contract, September 2022: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lamtara 3, and where 208 sits

All 40 2-beds →

208 last sold in September 2023 at AED 3,162 per sqft, 21% above what two-beds in Lamtara 3 were fetching at the time (AED 2,616). Over the last 12 months two-beds sold for AED 4,000,000, around AED 2,931 per sqft, and rent for AED 100,000 to 250,000 a year. 208's AED 210,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Sep 20264,000,000
22 Apr 20254,100,000
28 Mar 20253,850,000
26 Dec 20244,400,000
1 2-bed sale in the last 12 months

Lamtara 3

Building

108 apartments, 1-bed to 4-bed over 8 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 4 sold in the last 12 months.

Typical price per sqft
AED 3,081
Typical sale
AED 6.55M
Typical rent
AED 125K /yr
Typical yield
4.8%
Lamtara 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 2nd floor

All 108 units in Lamtara 3
Value
2011-bedAED 1.85M · Jan 2023
2021-bedAED 2.05M · May 2023
2032-bedAED 2.49M · Aug 2021
2042-bedAED 2.66M · Oct 2023
2051-bedAED 2.13M · Mar 2026
2062-bedAED 2.04M · Jan 2020
2072-bedAED 2.36M · Sep 2019
1–7 of 15

208, Lamtara 3 in numbers

  • Sold twice: first on 17 December 2019 for AED 2,160,000, last on 21 September 2023 for AED 4,300,000 (AED 3,162 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 31,200 a year (AED 22.96 per sqft).
  • Two-beds in Lamtara 3 sold for AED 4,000,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,081 per sqft.

Source: Dubai Land Department. Updated 21 September 2023.

Questions about 208, Lamtara 3

What did unit 208 last sell for?

AED 4,300,000 on 21 September 2023: AED 3,162 per sqft for 1,360 sqft. The unit has 2 registered sales; the first was AED 2,160,000 in December 2019.

What is the rent for unit 208?

AED 210,000 a year on the contract signed on 1 September 2022.

How big is unit 208?

1,360 sqft (126.3 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2021.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lamtara 3 sold for AED 4,000,000 to 4,000,000 in the last 12 months, around AED 2,931 per sqft.

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Mortgage on 208, Lamtara 3

Starts from the last sale price (AED 4.3M, 21 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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