503, Lamtara 3
Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Lamtara 3
What is 503 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,445 sqft
- Floor
- 5th of 8
- Parking
- L1-101
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 33,200 /yr
- Last sold
- AED 2.53M · January 2020
- Building
- Lamtara 3
About 503, Lamtara 3
503 is a two-bedroom apartment of 1,445 sqft on the 5th floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 15 January 2020 for AED 2,527,000, or AED 1,749 per sqft, 10% above the AED 1,588 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 25 May 2026, is AED 200,000 a year: a gross yield of 7.9% on the 2020 price, before the service charge of about AED 33,200 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the two-bed median of each year in the building.
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 503 sits
All 40 2-beds →503 last sold in January 2020 at AED 1,749 per sqft, 10% above what two-beds in Lamtara 3 were fetching at the time (AED 1,588). 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. 503's AED 200,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Sep 20262 September 2026 | 1,364 sqft | 4,000,000 | 2,931 | ||
| 22 Apr 202522 April 2025 | 1,486 sqft | 4,100,000 | 2,759 | ||
| 28 Mar 202528 March 2025 | 1,597 sqft | 3,850,000 | 2,410 | ||
| 26 Dec 202426 December 2024 | 1,486 sqft | 4,400,000 | 2,960 |
Lamtara 3
Building108 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%
Other units on the 5th floor
All 108 units in Lamtara 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 788 sqft | AED 1.3MAED 1,302,000 · Apr 2022April 2022 | 98,674 /yr | |
| 502 | 1-bed | 782 sqft | AED 1.82MAED 1,815,000 · Nov 2022November 2022 | 140,000 /yr | |
| 504 | 2-bed | 1,473 sqft | AED 4.69MAED 4,691,000 · Feb 2024February 2024 | ||
| 505 | 1-bed | 782 sqft | AED 1.22MAED 1,216,000 · Sep 2019September 2019 | 120,000 /yr | |
| 506 | 2-bed | 1,358 sqft | AED 5MAED 5,000,000 · May 2024May 2024 | ||
| 507 | 3-bed | 1,887 sqft | AED 2.97MAED 2,974,000 · Sep 2019September 2019 | 300,000 /yr | |
| 508 | 3-bed | 2,162 sqft | AED 3.47MAED 3,472,000 · Oct 2019October 2019 | ||
| 509 | 4-bed | 2,814 sqft | AED 8MAED 8,000,000 · Jul 2022July 2022 | 415,000 /yr | |
| 510 | 2-bed | 1,471 sqft | AED 3.1MAED 3,100,000 · Apr 2022April 2022 | 200,000 /yr | |
| 511 | 1-bed | 778 sqft | AED 1.3MAED 1,302,000 · Apr 2020April 2020 | ||
| 512 | 1-bed | 782 sqft | AED 2.15MAED 2,150,000 · Oct 2023October 2023 | 125,000 /yr | |
| 513 | 1-bed | 778 sqft | AED 1.9MAED 1,900,000 · Dec 2022December 2022 | ||
| 514 | 1-bed | 785 sqft | AED 1.87MAED 1,870,000 · Nov 2022November 2022 | 135,000 /yr |
503, Lamtara 3 in numbers
- Sold once: by Jumeirah Hills Development on 15 January 2020 for AED 2,527,000, or AED 1,749 per sqft.
- Rented since April 2022 on 6 Ejari contracts, from AED 160,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2020 price is 7.9%, before a service charge of about AED 33,200 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 25 May 2026.
Questions about 503, Lamtara 3
What did unit 503 last sell for?
AED 2,527,000 on 15 January 2020, sold by the developer: AED 1,749 per sqft for 1,445 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 200,000 a year on the contract signed on 25 May 2026. The previous contract, from August 2025, was AED 199,500; the unit has been rented since April 2022.
How big is unit 503?
1,445 sqft (134.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2021.
What is unit 503 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 503, Lamtara 3
Starts from the last sale price (AED 2.53M, 15 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,527,000
- Deposit, UAE resident (20%)
- AED 505,400
- Deposit, non-resident (40%)
- AED 1,010,800
- Monthly over 25 years at 3.7%
- AED 10,339
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →