3-bed · 2,162 sqftLamtara 3, Umm Suqeim Third · 5th floor · completed 2021

508, Lamtara 3

Sold prices and rental history: sold once, by the developer in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 21 October 2019
Last soldAED 3.47M21 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Lamtara 3

What is 508 worth today?

Last sold for AED 3,472,000 in 2019

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21 Oct 2019Sold by developerOff-plan
AED 3,472,000AED 1,606 per sqft

Source: Dubai Land Department. Updated 21 October 2019.

Key facts

Type
3-bed apartment
Size
2,162 sqft
Floor
5th of 8
Parking
L1-207, L1-208
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 49,600 /yr
Last sold
AED 3.47M · October 2019
Building
Lamtara 3

About 508, Lamtara 3

508 is a three-bedroom apartment of 2,162 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 21 October 2019 for AED 3,472,000, or AED 1,606 per sqft, in line with the AED 1,594 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical three-bed in Lamtara 3
4M6M8M2019202120232025Typical 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, October 2019: AED 3,472,000 (AED 1,606 per sqft)

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

Rents
Unit 508, each contractTypical three-bed in Lamtara 3
360K380K202420252026Typical rent by year: 2024 AED 380,000; 2025 AED 357,000

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 508 sits

All 11 3-beds →

508 last sold in October 2019 at AED 1,606 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
5073-bedAED 2.97M · Sep 2019
1–7 of 13

508, Lamtara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 21 October 2019 for AED 3,472,000, or AED 1,606 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 21 October 2019.

Questions about 508, Lamtara 3

What did unit 508 last sell for?

AED 3,472,000 on 21 October 2019, sold by the developer: AED 1,606 per sqft for 2,162 sqft. It is the only registered sale of the unit.

How big is unit 508?

2,162 sqft (200.9 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2021.

What is unit 508 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 508, Lamtara 3

Starts from the last sale price (AED 3.47M, 21 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,472,000
Deposit, UAE resident (20%)
AED 694,400
Deposit, non-resident (40%)
AED 1,388,800
Monthly over 25 years at 3.7%
AED 14,205

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