1-bed · 774 sqftLamtara 1, Umm Suqeim Third · 1st floor · completed 2021

104, Lamtara 1

Sold prices and rental history: sold 3 times, last in March 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 2.55M9 March 2023
Current rentAED 130K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Lamtara 1

What is 104 worth today?

Last sold for AED 2,550,000 in 2023

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5 Sep 2024RentedNew contract
AED 130,000/yr12 months · AED 168 per sqft
9 Mar 2023SoldReady
AED 2,550,000AED 3,293 per sqft
28 Feb 2023SoldReady
AED 2,200,000AED 2,841 per sqft
14 Feb 2022Sold by developerReady
AED 1,549,000AED 2,000 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
1st of 7
Parking
G-11
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,800 /yr
Last sold
AED 2.55M · March 2023
Building
Lamtara 1

About 104, Lamtara 1

104 is a one-bedroom apartment of 774 sqft on the 1st floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 9 March 2023 for AED 2,550,000, or AED 3,293 per sqft, 26% above the AED 2,620 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2024. The current contract, signed on 5 September 2024, is AED 130,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 17,800 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in Lamtara 1
2M20222023202420252026Typical sale price by year: 2022 AED 2,000,000; 2023 AED 2,485,000; 2024 AED 2,675,000; 2025 AED 2,320,000Sold by developer, February 2022: AED 1,549,000 (AED 2,000 per sqft)Sold, February 2023: AED 2,200,000 (AED 2,841 per sqft)Sold, March 2023: AED 2,550,000 (AED 3,293 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in Lamtara 1
125K150K175K20222023202420252026Typical rent by year: 2022 AED 180,000; 2023 AED 159,571; 2024 AED 159,059; 2025 AED 152,299New contract, September 2024: AED 130,000 a year

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

1-beds in Lamtara 1, and where 104 sits

All 28 1-beds →

104 last sold in March 2023 at AED 3,293 per sqft, 26% above what one-beds in Lamtara 1 were fetching at the time (AED 2,620). Over the last 12 months one-beds sold for AED 3,400,000, around AED 4,443 per sqft, and rent for AED 125,000 to 155,000 a year. 104's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jan 20263,400,000
22 Apr 20252,320,000
16 Apr 20252,500,000
20 Mar 20252,300,000
1 1-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
1022-bedAED 6.8M · Mar 2022
1033-bedAED 8.9M · Sep 2023
1051-bedAED 2.75M · Oct 2023
1061-bedAED 2.3M · Dec 2023
1072-bedAED 3.42M · Feb 2022

104, Lamtara 1 in numbers

  • Sold 3 times: first on 14 February 2022 for AED 1,549,000, last on 9 March 2023 for AED 2,550,000 (AED 3,293 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 17,800 a year (AED 22.96 per sqft).
  • One-beds in Lamtara 1 sold for AED 3,400,000–3,400,000 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 5 September 2024.

Questions about 104, Lamtara 1

What did unit 104 last sell for?

AED 2,550,000 on 9 March 2023: AED 3,293 per sqft for 774 sqft. The unit has 3 registered sales; the first was AED 1,549,000 in February 2022.

What is the rent for unit 104?

AED 130,000 a year on the contract signed on 5 September 2024.

How big is unit 104?

774 sqft (71.9 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2021.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lamtara 1 sold for AED 3,400,000 to 3,400,000 in the last 12 months, around AED 4,443 per sqft.

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Mortgage on 104, Lamtara 1

Starts from the last sale price (AED 2.55M, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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