2-bed · 1,360 sqftLamtara 1, Umm Suqeim Third · 1st floor · completed 2021

102, Lamtara 1

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 9 March 2022
Last soldAED 6.8M9 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Lamtara 1

What is 102 worth today?

Last sold for AED 6,802,000 in 2022

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9 Mar 2022Sold by developerReady
AED 6,802,000AED 5,000 per sqft

Source: Dubai Land Department. Updated 9 March 2022.

Key facts

Type
2-bed apartment
Size
1,360 sqft
Floor
1st of 7
Parking
G-48
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,200 /yr
Last sold
AED 6.8M · March 2022
Building
Lamtara 1

About 102, Lamtara 1

102 is a two-bedroom apartment of 1,360 sqft on the 1st floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 9 March 2022 for AED 6,802,000, or AED 5,000 per sqft, 135% above the AED 2,132 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in Lamtara 1
4M6M202220232024Typical sale price by year: 2022 AED 3,193,000; 2023 AED 4,750,000Sold by developer, March 2022: AED 6,802,000 (AED 5,000 per sqft)

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

Rents
Unit 102, each contractTypical two-bed in Lamtara 1
225K228K230K202420252026Typical rent by year: 2024 AED 229,998; 2025 AED 225,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lamtara 1, and where 102 sits

All 21 2-beds →

102 last sold in March 2022 at AED 5,000 per sqft, 135% above what two-beds in Lamtara 1 were fetching at the time (AED 2,132). Over the last 12 months two-beds sold for AED 4,700,000, around AED 3,475 per sqft, and rent for AED 190,000 to 300,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20232,947,272
25 Sep 20234,750,000
21 Mar 20235,300,000
13 Dec 20223,600,000
1 2-bed sale in the last 12 months

Lamtara 1

Building

61 apartments, 1-bed to 4-bed over 7 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 3 sold in the last 12 months.

Typical price per sqft
AED 4,443
Typical sale
AED 4.7M
Typical rent
AED 173K /yr
Typical yield
3.6%
Lamtara 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 1st floor

All 61 units in Lamtara 1
Value
1012-bedAED 7.04M · Mar 2022
1033-bedAED 8.9M · Sep 2023
1041-bedAED 2.55M · Mar 2023
1051-bedAED 2.75M · Oct 2023
1061-bedAED 2.3M · Dec 2023
1072-bedAED 3.42M · Feb 2022

102, Lamtara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 9 March 2022 for AED 6,802,000, or AED 5,000 per sqft.
  • Two-beds in Lamtara 1 sold for AED 4,700,000–4,700,000 in the 12 months to November 2026; the building's median across all types is AED 4,443 per sqft.

Source: Dubai Land Department. Updated 9 March 2022.

Questions about 102, Lamtara 1

What did unit 102 last sell for?

AED 6,802,000 on 9 March 2022, sold by the developer: AED 5,000 per sqft for 1,360 sqft. It is the only registered sale of the unit.

How big is unit 102?

1,360 sqft (126.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2021.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lamtara 1 sold for AED 4,700,000 to 4,700,000 in the last 12 months, around AED 3,475 per sqft.

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Mortgage on 102, Lamtara 1

Starts from the last sale price (AED 6.8M, 9 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,802,000
Deposit, UAE resident (20%)
AED 1,360,400
Deposit, non-resident (40%)
AED 2,720,800
Monthly over 25 years at 3.7%
AED 27,829

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