1-bed · 778 sqftLamtara 3, Umm Suqeim Third · 5th floor · completed 2021

513, Lamtara 3

Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 22 December 2022
Last soldAED 1.9M22 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Lamtara 3

What is 513 worth today?

Last sold for AED 1,900,000 in 2022

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22 Dec 2022SoldReady
AED 1,900,000AED 2,442 per sqft
12 May 2019Sold by developerOff-plan
AED 1,302,000AED 1,673 per sqft

Source: Dubai Land Department. Updated 22 December 2022.

Key facts

Type
1-bed apartment
Size
778 sqft
Floor
5th of 8
Parking
G-59
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,900 /yr
Last sold
AED 1.9M · December 2022
Building
Lamtara 3

About 513, Lamtara 3

513 is a one-bedroom apartment of 778 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 22 December 2022 for AED 1,900,000, or AED 2,442 per sqft, 6% above the AED 2,299 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 513 over time

Sales
Unit 513, 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, May 2019: AED 1,302,000 (AED 1,673 per sqft)Sold, December 2022: AED 1,900,000 (AED 2,442 per sqft)

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

Rents
Unit 513, 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 115,000

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 513 sits

All 51 1-beds →

513 last sold in December 2022 at AED 2,442 per sqft, 6% above what one-beds in Lamtara 3 were fetching at the time (AED 2,299). 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.

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 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

513, Lamtara 3 in numbers

  • Sold twice: first on 12 May 2019 for AED 1,302,000, last on 22 December 2022 for AED 1,900,000 (AED 2,442 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 22 December 2022.

Questions about 513, Lamtara 3

What did unit 513 last sell for?

AED 1,900,000 on 22 December 2022: AED 2,442 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 1,302,000 in May 2019.

How big is unit 513?

778 sqft (72.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2021.

What is unit 513 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 513, Lamtara 3

Starts from the last sale price (AED 1.9M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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