701, Lamtara 3
Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Lamtara 3
What is 701 worth today?
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Source: Dubai Land Department. Updated 29 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 788 sqft
- Floor
- 7th of 8
- Parking
- L1-116
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.31M · June 2019
- Building
- Lamtara 3
About 701, Lamtara 3
701 is a one-bedroom apartment of 788 sqft on the 7th floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 27 June 2019 for AED 1,314,000, or AED 1,667 per sqft, in line with the AED 1,670 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 29 August 2024. The current contract, signed on 29 August 2024, is AED 130,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 18,100 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 51 1-beds →701 last sold in June 2019 at AED 1,667 per sqft, in line with what one-beds in Lamtara 3 were fetching at the time (AED 1,670). 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. 701's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Mar 202625 March 2026 | 784 sqft | 2,125,000 | 2,708 | ||
| 6 Aug 20256 August 2025 | 783 sqft | 2,200,000 | 2,810 | ||
| 18 Jun 202518 June 2025 | 781 sqft | 2,175,000 | 2,785 | ||
| 13 Apr 202513 April 2025 | 782 sqft | 2,450,000 | 3,134 |
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 7th floor
All 108 units in Lamtara 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 784 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 | 135,000 /yr | |
| 703 | 2-bed | 1,445 sqft | AED 2.55MAED 2,547,000 · Jul 2019July 2019 | 230,000 /yr | |
| 704 | 2-bed | 1,474 sqft | AED 2.62MAED 2,620,000 · Jun 2019June 2019 | 220,000 /yr | |
| 705 | 1-bed | 785 sqft | AED 1.23MAED 1,228,000 · Jun 2019June 2019 | ||
| 706 | 2-bed | 1,370 sqft | AED 2.11MAED 2,110,000 · Jun 2019June 2019 | 235,000 /yr | |
| 707 | 3-bed | 1,880 sqft | AED 3MAED 3,000,000 · Jun 2019June 2019 | ||
| 708 | 3-bed | 2,474 sqft | AED 3.92MAED 3,918,000 · Jun 2019June 2019 | 410,000 /yr | |
| 709 | 4-bed | 2,848 sqft | AED 4.75MAED 4,748,000 · Jun 2019June 2019 | 500,000 /yr | |
| 710 | 1-bed | 776 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 | 130,000 /yr | |
| 711 | 1-bed | 779 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 | 145,000 /yr | |
| 712 | 1-bed | 785 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 |
701, Lamtara 3 in numbers
- Sold once: by Jumeirah Hills Development on 27 June 2019 for AED 1,314,000, or AED 1,667 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2019 price is 9.9%, before a service charge of about AED 18,100 a year (AED 22.96 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 29 August 2024.
Questions about 701, Lamtara 3
What did unit 701 last sell for?
AED 1,314,000 on 27 June 2019, sold by the developer: AED 1,667 per sqft for 788 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 130,000 a year on the contract signed on 29 August 2024.
How big is unit 701?
788 sqft (73.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2021.
What is unit 701 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 701, Lamtara 3
Starts from the last sale price (AED 1.31M, 27 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,314,000
- Deposit, UAE resident (20%)
- AED 262,800
- Deposit, non-resident (40%)
- AED 525,600
- Monthly over 25 years at 3.7%
- AED 5,376
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →