3-bed · 1,887 sqftLamtara 3, Umm Suqeim Third · 5th floor · completed 2021

507, Lamtara 3

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.97M18 September 2019
Current rentAED 300K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Lamtara 3

What is 507 worth today?

Last sold for AED 2,974,000 in 2019

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1 Jul 2025RentedNew contract
AED 300,000/yr12 months · AED 159 per sqft
1 Jul 2025RentedNew contract
AED 300,000/yr12 months · AED 159 per sqft
1 Jul 2024RentedNew contract
AED 300,000/yr12 months · AED 159 per sqft
15 Oct 2022RentedNew contract
AED 310,000/yr12 months · AED 165 per sqft
18 Sep 2019Sold by developerOff-plan
AED 2,974,000AED 1,576 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
3-bed apartment
Size
1,887 sqft
Floor
5th of 8
Parking
L1-193, L1-194
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 43,300 /yr
Last sold
AED 2.97M · September 2019
Building
Lamtara 3

About 507, Lamtara 3

507 is a three-bedroom apartment of 1,887 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 18 September 2019 for AED 2,974,000, or AED 1,576 per sqft, in line with the AED 1,594 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 July 2025, is AED 300,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 43,300 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical three-bed in Lamtara 3
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,446,000; 2021 AED 3,630,000; 2022 AED 6,575,000; 2024 AED 7,700,000Sold by developer, September 2019: AED 2,974,000 (AED 1,576 per sqft)

507 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 507, each contractTypical three-bed in Lamtara 3
300K350K202220242026Typical rent by year: 2024 AED 380,000; 2025 AED 357,000New contract, October 2022: AED 310,000 a yearNew contract, July 2024: AED 300,000 a yearNew contract, July 2025: AED 300,000 a yearNew contract, July 2025: AED 300,000 a year

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

3-beds in Lamtara 3, and where 507 sits

All 11 3-beds →

507 last sold in September 2019 at AED 1,576 per sqft, in line with what three-beds in Lamtara 3 were fetching at the time (AED 1,594). Over the last 12 months three-beds sold for AED 9,600,000, around AED 4,461 per sqft, and rent for AED 375,000 to 400,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Dec 20259,600,000
11 Mar 20257,550,000
30 Oct 20246,800,000
13 Jun 20248,500,000
1 3-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 5th floor

All 108 units in Lamtara 3
Value
5011-bedAED 1.3M · Apr 2022
5021-bedAED 1.82M · Nov 2022
5032-bedAED 2.53M · Jan 2020
5042-bedAED 4.69M · Feb 2024
5051-bedAED 1.22M · Sep 2019
5062-bedAED 5M · May 2024
5083-bedAED 3.47M · Oct 2019
1–7 of 13

507, Lamtara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 18 September 2019 for AED 2,974,000, or AED 1,576 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 310,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 43,300 a year (AED 22.96 per sqft).
  • Three-beds in Lamtara 3 sold for AED 9,600,000–9,600,000 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 1 July 2025.

Questions about 507, Lamtara 3

What did unit 507 last sell for?

AED 2,974,000 on 18 September 2019, sold by the developer: AED 1,576 per sqft for 1,887 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 300,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 300,000; the unit has been rented since October 2022.

How big is unit 507?

1,887 sqft (175.3 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2021.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Lamtara 3 sold for AED 9,600,000 to 9,600,000 in the last 12 months, around AED 4,461 per sqft.

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Mortgage on 507, Lamtara 3

Starts from the last sale price (AED 2.97M, 18 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,974,000
Deposit, UAE resident (20%)
AED 594,800
Deposit, non-resident (40%)
AED 1,189,600
Monthly over 25 years at 3.7%
AED 12,168

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