506, Lamtara 3
Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Lamtara 3
What is 506 worth today?
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Source: Dubai Land Department. Updated 2 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,358 sqft
- Floor
- 5th of 8
- Parking
- L1-99
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 31,200 /yr
- Last sold
- AED 5M · May 2024
- Building
- Lamtara 3
About 506, Lamtara 3
506 is a two-bedroom apartment of 1,358 sqft on the 5th floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 2 May 2024 for AED 5,000,000, or AED 3,681 per sqft, 28% above the AED 2,873 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 40 2-beds →506 last sold in May 2024 at AED 3,681 per sqft, 28% above what two-beds in Lamtara 3 were fetching at the time (AED 2,873). 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 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 | |
| 503 | 2-bed | 1,445 sqft | AED 2.53MAED 2,527,000 · Jan 2020January 2020 | 200,000 /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 | |
| 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 |
506, Lamtara 3 in numbers
- Sold 3 times: first on 1 October 2019 for AED 2,090,000, last on 2 May 2024 for AED 5,000,000 (AED 3,681 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 2 May 2024.
Questions about 506, Lamtara 3
What did unit 506 last sell for?
AED 5,000,000 on 2 May 2024: AED 3,681 per sqft for 1,358 sqft. The unit has 3 registered sales; the first was AED 2,090,000 in October 2019.
How big is unit 506?
1,358 sqft (126.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2021.
What is unit 506 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 506, Lamtara 3
Starts from the last sale price (AED 5M, 2 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,000,000
- Deposit, UAE resident (20%)
- AED 1,000,000
- Deposit, non-resident (40%)
- AED 2,000,000
- Monthly over 25 years at 3.7%
- AED 20,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →