208, 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.
Property timeline for 208, Lamtara 1
What is 208 worth today?
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Source: Dubai Land Department. Updated 15 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,535 sqft
- Floor
- 2nd of 7
- Parking
- L1-11
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 35,200 /yr
- Last sold
- AED 3.09M · March 2022
- Building
- Lamtara 1
About 208, Lamtara 1
208 is a two-bedroom apartment of 1,535 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 15 March 2022 for AED 3,086,000, or AED 2,010 per sqft, 6% below the AED 2,131 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 208 over time
208 has sold once; the dashed line is the two-bed median of each year in the building.
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 208 sits
All 21 2-beds →208 last sold in March 2022 at AED 2,010 per sqft, 6% below what two-beds in Lamtara 1 were fetching at the time (AED 2,131). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202328 September 2023 | 1,538 sqft | 2,947,272 | 1,916 | ||
| 25 Sep 202325 September 2023 | 1,356 sqft | 4,750,000 | 3,503 | ||
| 21 Mar 202321 March 2023 | 1,538 sqft | 5,300,000 | 3,445 | ||
| 13 Dec 202213 December 2022 | 1,356 sqft | 3,600,000 | 2,655 |
Lamtara 1
Building61 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%
Other units on the 2nd floor
All 61 units in Lamtara 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 1,047 sqft | AED 2.7MAED 2,700,000 · Feb 2024February 2024 | 180,000 /yr | |
| 202 | 2-bed | 1,763 sqft | AED 3.55MAED 3,545,000 · Jan 2022January 2022 | ||
| 203 | 4-bed | 2,731 sqft | AED 13.34MAED 13,344,000 · Jun 2024June 2024 | ||
| 204 | 3-bed | 2,007 sqft | AED 9.65MAED 9,650,000 · Sep 2023September 2023 | ||
| 205 | 1-bed | 774 sqft | AED 1MAED 1,000,000 · Jun 2022June 2022 | 160,000 /yr | |
| 206 | 1-bed | 774 sqft | AED 1.56MAED 1,557,000 · Feb 2022February 2022 | 160,000 /yr | |
| 207 | 1-bed | 765 sqft | AED 2.75MAED 2,750,000 · Dec 2023December 2023 | 170,000 /yr | |
| 209 | 2-bed | 1,992 sqft | AED 4.01MAED 4,005,000 · Mar 2022March 2022 | 200,000 /yr | |
| 210 | 1-bed | 1,102 sqft | AED 2.3MAED 2,300,000 · Dec 2022December 2022 | 180,000 /yr |
208, Lamtara 1 in numbers
- Sold once: by Jumeirah Hills Development on 15 March 2022 for AED 3,086,000, 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 15 March 2022.
Questions about 208, Lamtara 1
What did unit 208 last sell for?
AED 3,086,000 on 15 March 2022, sold by the developer: AED 2,010 per sqft for 1,535 sqft. It is the only registered sale of the unit.
How big is unit 208?
1,535 sqft (142.6 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2021.
What is unit 208 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 208, Lamtara 1
Starts from the last sale price (AED 3.09M, 15 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,086,000
- Deposit, UAE resident (20%)
- AED 617,200
- Deposit, non-resident (40%)
- AED 1,234,400
- Monthly over 25 years at 3.7%
- AED 12,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →