2-bed · 1,763 sqftLamtara 1, Umm Suqeim Third · 2nd floor · completed 2021

202, Lamtara 1

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

Unit 202 · DLD and Ejari recordsUpdated 24 January 2022
Last soldAED 3.55M24 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Lamtara 1

What is 202 worth today?

Last sold for AED 3,545,000 in 2022

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24 Jan 2022Sold by developerReady
AED 3,545,000AED 2,010 per sqft

Source: Dubai Land Department. Updated 24 January 2022.

Key facts

Type
2-bed apartment
Size
1,763 sqft
Floor
2nd of 7
Parking
G-46
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 40,500 /yr
Last sold
AED 3.55M · January 2022
Building
Lamtara 1

About 202, Lamtara 1

202 is a two-bedroom apartment of 1,763 sqft on the 2nd floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development. The developer sold it on 24 January 2022 for AED 3,545,000, or AED 2,010 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Lamtara 1
3M4M5M202220232024Typical sale price by year: 2022 AED 3,193,000; 2023 AED 4,750,000Sold by developer, January 2022: AED 3,545,000 (AED 2,010 per sqft)

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

Rents
Unit 202, 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 202 sits

All 21 2-beds →

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 2nd floor

All 61 units in Lamtara 1
Value
2011-bedAED 2.7M · Feb 2024
2034-bedAED 13.34M · Jun 2024
2043-bedAED 9.65M · Sep 2023
2051-bedAED 1M · Jun 2022
2061-bedAED 1.56M · Feb 2022
2071-bedAED 2.75M · Dec 2023
2082-bedAED 3.09M · Mar 2022
1–7 of 9

202, Lamtara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 24 January 2022 for AED 3,545,000, or AED 2,010 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 24 January 2022.

Questions about 202, Lamtara 1

What did unit 202 last sell for?

AED 3,545,000 on 24 January 2022, sold by the developer: AED 2,010 per sqft for 1,763 sqft. It is the only registered sale of the unit.

How big is unit 202?

1,763 sqft (163.8 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2021.

What is unit 202 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 202, Lamtara 1

Starts from the last sale price (AED 3.55M, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,545,000
Deposit, UAE resident (20%)
AED 709,000
Deposit, non-resident (40%)
AED 1,418,000
Monthly over 25 years at 3.7%
AED 14,504

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