1-bed · 785 sqftLamtara 3, Umm Suqeim Third · 7th floor · completed 2021

705, Lamtara 3

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

Unit 705 · DLD and Ejari recordsUpdated 27 June 2019
Last soldAED 1.23M27 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Lamtara 3

What is 705 worth today?

Last sold for AED 1,228,000 in 2019

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27 Jun 2019Sold by developerOff-plan
AED 1,228,000AED 1,564 per sqft

Source: Dubai Land Department. Updated 27 June 2019.

Key facts

Type
1-bed apartment
Size
785 sqft
Floor
7th of 8
Parking
L1-118
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 18,000 /yr
Last sold
AED 1.23M · June 2019
Building
Lamtara 3

About 705, Lamtara 3

705 is a one-bedroom apartment of 785 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 1,228,000, or AED 1,564 per sqft, 6% below the AED 1,670 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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, June 2019: AED 1,228,000 (AED 1,564 per sqft)

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

Rents
Unit 705, 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 705 sits

All 51 1-beds →

705 last sold in June 2019 at AED 1,564 per sqft, 6% below 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.

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 7th floor

All 108 units in Lamtara 3
Value
7011-bedAED 1.31M · Jun 2019
7021-bedAED 1.31M · Jun 2019
7032-bedAED 2.55M · Jul 2019
7042-bedAED 2.62M · Jun 2019
7062-bedAED 2.11M · Jun 2019
7073-bedAED 3M · Jun 2019
7083-bedAED 3.92M · Jun 2019
1–7 of 11

705, Lamtara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 27 June 2019 for AED 1,228,000, or AED 1,564 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 27 June 2019.

Questions about 705, Lamtara 3

What did unit 705 last sell for?

AED 1,228,000 on 27 June 2019, sold by the developer: AED 1,564 per sqft for 785 sqft. It is the only registered sale of the unit.

How big is unit 705?

785 sqft (72.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2021.

What is unit 705 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 705, Lamtara 3

Starts from the last sale price (AED 1.23M, 27 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,228,000
Deposit, UAE resident (20%)
AED 245,600
Deposit, non-resident (40%)
AED 491,200
Monthly over 25 years at 3.7%
AED 5,024

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