2-bed · 1,482 sqftLamtara 3, Umm Suqeim Third · 2nd floor · completed 2021

212, Lamtara 3

Sold prices and rental history: sold twice, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 3.5M31 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Lamtara 3

What is 212 worth today?

Last sold for AED 3,500,000 in 2022

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31 Oct 2022SoldReady
AED 3,500,000AED 2,362 per sqft
12 Apr 2020Sold by developerOff-plan
AED 2,545,000AED 1,717 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
2-bed apartment
Size
1,482 sqft
Floor
2nd of 8
Parking
L1-185
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 34,000 /yr
Last sold
AED 3.5M · October 2022
Building
Lamtara 3

About 212, Lamtara 3

212 is a two-bedroom apartment of 1,482 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 31 October 2022 for AED 3,500,000, or AED 2,362 per sqft, 11% above the AED 2,126 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 212 over time

Sales
Unit 212, 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, April 2020: AED 2,545,000 (AED 1,717 per sqft)Sold, October 2022: AED 3,500,000 (AED 2,362 per sqft)

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

Rents
Unit 212, 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 200,000

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

2-beds in Lamtara 3, and where 212 sits

All 40 2-beds →

212 last sold in October 2022 at AED 2,362 per sqft, 11% above what two-beds in Lamtara 3 were fetching at the time (AED 2,126). 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.

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

212, Lamtara 3 in numbers

  • Sold twice: first on 12 April 2020 for AED 2,545,000, last on 31 October 2022 for AED 3,500,000 (AED 2,362 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 31 October 2022.

Questions about 212, Lamtara 3

What did unit 212 last sell for?

AED 3,500,000 on 31 October 2022: AED 2,362 per sqft for 1,482 sqft. The unit has 2 registered sales; the first was AED 2,545,000 in April 2020.

How big is unit 212?

1,482 sqft (137.7 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2021.

What is unit 212 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 212, Lamtara 3

Starts from the last sale price (AED 3.5M, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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