703, Lamtara 3
Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Lamtara 3
What is 703 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,445 sqft
- Floor
- 7th of 8
- Parking
- L1-199
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 33,200 /yr
- Last sold
- AED 2.55M · July 2019
- Building
- Lamtara 3
About 703, Lamtara 3
703 is a two-bedroom apartment of 1,445 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 1 July 2019 for AED 2,547,000, or AED 1,762 per sqft, in line with the AED 1,763 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 25 February 2025, is AED 230,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 33,200 a year.
Sales and rents for 703 over time
703 has sold once; 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 703 sits
All 40 2-beds →703 last sold in July 2019 at AED 1,762 per sqft, in line with what two-beds in Lamtara 3 were fetching at the time (AED 1,763). 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. 703's AED 230,000 is in the upper half of that range.
| 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 7th floor
All 108 units in Lamtara 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 788 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 | 130,000 /yr | |
| 702 | 1-bed | 784 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 | 135,000 /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 |
703, Lamtara 3 in numbers
- Sold once: by Jumeirah Hills Development on 1 July 2019 for AED 2,547,000, or AED 1,762 per sqft.
- Rented since January 2024 on 3 Ejari contracts, from AED 240,000 to AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 33,200 a year (AED 22.96 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 25 February 2025.
Questions about 703, Lamtara 3
What did unit 703 last sell for?
AED 2,547,000 on 1 July 2019, sold by the developer: AED 1,762 per sqft for 1,445 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 230,000 a year on the contract signed on 25 February 2025. The previous contract, from February 2025, was AED 230,000; the unit has been rented since January 2024.
How big is unit 703?
1,445 sqft (134.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2021.
What is unit 703 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 703, Lamtara 3
Starts from the last sale price (AED 2.55M, 1 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,547,000
- Deposit, UAE resident (20%)
- AED 509,400
- Deposit, non-resident (40%)
- AED 1,018,800
- Monthly over 25 years at 3.7%
- AED 10,421
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →