2-bed · 1,446 sqftLamtara 3, Umm Suqeim Third · 8th floor · completed 2021

803, Lamtara 3

Sold prices and rental history: sold 3 times, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 23 February 2023
Last soldAED 4.5M23 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Lamtara 3

What is 803 worth today?

Last sold for AED 4,500,000 in 2023

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23 Feb 2023SoldReady
AED 4,500,000AED 3,112 per sqft
27 Jan 2022SoldOff-plan
AED 3,400,000AED 2,351 per sqft
27 Nov 2019Sold by developerOff-plan
AED 2,567,000AED 1,775 per sqft

Source: Dubai Land Department. Updated 23 February 2023.

Key facts

Type
2-bed apartment
Size
1,446 sqft
Floor
8th of 8
Parking
L1-94
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 33,200 /yr
Last sold
AED 4.5M · February 2023
Building
Lamtara 3

About 803, Lamtara 3

803 is a two-bedroom apartment of 1,446 sqft on the 8th floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 23 February 2023 for AED 4,500,000, or AED 3,112 per sqft, 46% above the AED 2,126 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical two-bed in Lamtara 3
2M4M2019202120232025Typical sale price by year: 2019 AED 2,244,500; 2020 AED 2,541,000; 2021 AED 2,507,000; 2022 AED 3,100,000; 2023 AED 4,025,000; 2024 AED 4,545,500Sold by developer, November 2019: AED 2,567,000 (AED 1,775 per sqft)Sold, January 2022: AED 3,400,000 (AED 2,351 per sqft)Sold, February 2023: AED 4,500,000 (AED 3,112 per sqft)

803 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 803, each contractTypical two-bed in Lamtara 3
200K220K202220242026Typical rent by year: 2022 AED 190,000; 2023 AED 220,000; 2024 AED 225,000; 2025 AED 221,899; 2026 AED 200,000

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 803 sits

All 40 2-beds →

803 last sold in February 2023 at AED 3,112 per sqft, 46% above what two-beds in Lamtara 3 were fetching at the time (AED 2,126). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Sep 20264,000,000
22 Apr 20254,100,000
28 Mar 20253,850,000
26 Dec 20244,400,000
1 2-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 8th floor

All 108 units in Lamtara 3
Value
8011-bedAED 2.1M · May 2024
8021-bedAED 1.33M · Aug 2019
8042-bedAED 4M · Sep 2022
8051-bedAED 1.24M · Apr 2020
8062-bedAED 2.13M · Nov 2019
8073-bedAED 7.9M · Jul 2022
8084-bedAED 4.97M · Sep 2019

803, Lamtara 3 in numbers

  • Sold 3 times: first on 27 November 2019 for AED 2,567,000, last on 23 February 2023 for AED 4,500,000 (AED 3,112 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 23 February 2023.

Questions about 803, Lamtara 3

What did unit 803 last sell for?

AED 4,500,000 on 23 February 2023: AED 3,112 per sqft for 1,446 sqft. The unit has 3 registered sales; the first was AED 2,567,000 in November 2019.

How big is unit 803?

1,446 sqft (134.3 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2021.

What is unit 803 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 803, Lamtara 3

Starts from the last sale price (AED 4.5M, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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