1-bed · 774 sqftLamtara 1, Umm Suqeim Third · 3rd floor · completed 2021

306, Lamtara 1

Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 23 December 2022
Last soldAED 2.75M23 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Lamtara 1

What is 306 worth today?

Last sold for AED 2,750,000 in 2022

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23 Dec 2022SoldReady
AED 2,750,000AED 3,551 per sqft
15 Feb 2022Sold by developerReady
AED 1,878,000AED 2,425 per sqft

Source: Dubai Land Department. Updated 23 December 2022.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
3rd of 7
Parking
L1-62
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,800 /yr
Last sold
AED 2.75M · December 2022
Building
Lamtara 1

About 306, Lamtara 1

306 is a one-bedroom apartment of 774 sqft on the 3rd floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 23 December 2022 for AED 2,750,000, or AED 3,551 per sqft, 39% above the AED 2,548 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Lamtara 1
2M2.5M20222023202420252026Typical 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 1,878,000 (AED 2,425 per sqft)Sold, December 2022: AED 2,750,000 (AED 3,551 per sqft)

306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Lamtara 1
160K180K20222023202420252026Typical rent by year: 2022 AED 180,000; 2023 AED 159,571; 2024 AED 159,059; 2025 AED 152,299

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 306 sits

All 28 1-beds →

306 last sold in December 2022 at AED 3,551 per sqft, 39% above what one-beds in Lamtara 1 were fetching at the time (AED 2,548). 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.

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 3rd floor

All 61 units in Lamtara 1
Value
3012-bedAED 2.73M · Mar 2022
3022-bedAED 2.74M · Mar 2022
3043-bedAED 10.7M · Sep 2023
3051-bedAED 2.5M · Apr 2025
3071-bedAED 1.86M · Mar 2022
3082-bedAED 3.72M · Dec 2022
3092-bedAED 2.85M · May 2022
1–7 of 8

306, Lamtara 1 in numbers

  • Sold twice: first on 15 February 2022 for AED 1,878,000, last on 23 December 2022 for AED 2,750,000 (AED 3,551 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 23 December 2022.

Questions about 306, Lamtara 1

What did unit 306 last sell for?

AED 2,750,000 on 23 December 2022: AED 3,551 per sqft for 774 sqft. The unit has 2 registered sales; the first was AED 1,878,000 in February 2022.

How big is unit 306?

774 sqft (71.9 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2021.

What is unit 306 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 306, Lamtara 1

Starts from the last sale price (AED 2.75M, 23 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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