1-bed · 785 sqftLamtara 3, Umm Suqeim Third · 2nd floor · completed 2021

215, Lamtara 3

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

Unit 215 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 2.04M15 June 2022
Current rentAED 120K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Lamtara 3

What is 215 worth today?

Last sold for AED 2,040,000 in 2022

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25 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 153 per sqft
27 Nov 2022RentedNew contract
AED 105,000/yr12 months · AED 134 per sqft
15 Jun 2022SoldReady
AED 2,040,000AED 2,599 per sqft
5 Aug 2019Sold by developerOff-plan
AED 1,275,000AED 1,624 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
1-bed apartment
Size
785 sqft
Floor
2nd of 8
Parking
L1-10
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 18,000 /yr
Last sold
AED 2.04M · June 2022
Building
Lamtara 3

About 215, Lamtara 3

215 is a one-bedroom apartment of 785 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 15 June 2022 for AED 2,040,000, or AED 2,599 per sqft, 36% above the AED 1,916 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 25 November 2024, is AED 120,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 18,000 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical one-bed in Lamtara 3
1.5M2M2019202120232025Typical sale price by year: 2019 AED 1,296,000; 2020 AED 1,290,000; 2021 AED 1,275,500; 2022 AED 1,807,500; 2023 AED 2,100,000; 2025 AED 2,200,000Sold by developer, August 2019: AED 1,275,000 (AED 1,624 per sqft)Sold, June 2022: AED 2,040,000 (AED 2,599 per sqft)

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

Rents
Unit 215, each contractTypical one-bed in Lamtara 3
100K120K202220242026Typical rent by year: 2022 AED 91,500; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 115,000New contract, November 2022: AED 105,000 a yearNew contract, November 2024: AED 120,000 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 3, and where 215 sits

All 51 1-beds →

215 last sold in June 2022 at AED 2,599 per sqft, 36% above what one-beds in Lamtara 3 were fetching at the time (AED 1,916). Over the last 12 months one-beds sold for AED 2,125,000, around AED 2,708 per sqft, and rent for AED 84,000 to 168,000 a year. 215's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Mar 20262,125,000
6 Aug 20252,200,000
18 Jun 20252,175,000
13 Apr 20252,450,000
1 1-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

215, Lamtara 3 in numbers

  • Sold twice: first on 5 August 2019 for AED 1,275,000, last on 15 June 2022 for AED 2,040,000 (AED 2,599 per sqft).
  • Rented since November 2022 on 2 Ejari contracts, from AED 105,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 18,000 a year (AED 22.96 per sqft).
  • One-beds in Lamtara 3 sold for AED 2,125,000–2,125,000 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 25 November 2024.

Questions about 215, Lamtara 3

What did unit 215 last sell for?

AED 2,040,000 on 15 June 2022: AED 2,599 per sqft for 785 sqft. The unit has 2 registered sales; the first was AED 1,275,000 in August 2019.

What is the rent for unit 215?

AED 120,000 a year on the contract signed on 25 November 2024. The previous contract, from November 2022, was AED 105,000.

How big is unit 215?

785 sqft (72.9 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2021.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lamtara 3 sold for AED 2,125,000 to 2,125,000 in the last 12 months, around AED 2,708 per sqft.

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Mortgage on 215, Lamtara 3

Starts from the last sale price (AED 2.04M, 15 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,040,000
Deposit, UAE resident (20%)
AED 408,000
Deposit, non-resident (40%)
AED 816,000
Monthly over 25 years at 3.7%
AED 8,346

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