309, Lamtara 1
Sold prices and rental history: sold twice, last in May 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 309, Lamtara 1
What is 309 worth today?
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Source: Dubai Land Department. Updated 19 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,352 sqft
- Floor
- 3rd of 7
- Parking
- G-79
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 31,000 /yr
- Last sold
- AED 2.85M · May 2022
- Building
- Lamtara 1
About 309, Lamtara 1
309 is a two-bedroom apartment of 1,352 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 19 May 2022 for AED 2,850,000, or AED 2,107 per sqft, in line with 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 309 over time
309 has sold twice; 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 309 sits
All 21 2-beds →309 last sold in May 2022 at AED 2,107 per sqft, in line with 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 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 3rd floor
All 61 units in Lamtara 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,351 sqft | AED 2.73MAED 2,729,000 · Mar 2022March 2022 | 300,000 /yr | |
| 302 | 2-bed | 1,354 sqft | AED 2.74MAED 2,736,000 · Mar 2022March 2022 | 202,410 /yr | |
| 304 | 3-bed | 2,007 sqft | AED 10.7MAED 10,700,000 · Sep 2023September 2023 | ||
| 305 | 1-bed | 774 sqft | AED 2.5MAED 2,500,000 · Apr 2025April 2025 | ||
| 306 | 1-bed | 774 sqft | AED 2.75MAED 2,750,000 · Dec 2022December 2022 | ||
| 307 | 1-bed | 765 sqft | AED 1.86MAED 1,855,000 · Mar 2022March 2022 | 125,000 /yr | |
| 308 | 2-bed | 1,535 sqft | AED 3.72MAED 3,721,000 · Dec 2022December 2022 | ||
| 310 | 1-bed | 773 sqft | AED 2MAED 2,000,000 · Aug 2022August 2022 | 149,598 /yr |
309, Lamtara 1 in numbers
- Sold twice: first on 8 March 2022 for AED 2,732,000, last on 19 May 2022 for AED 2,850,000 (AED 2,107 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 19 May 2022.
Questions about 309, Lamtara 1
What did unit 309 last sell for?
AED 2,850,000 on 19 May 2022: AED 2,107 per sqft for 1,352 sqft. The unit has 2 registered sales; the first was AED 2,732,000 in March 2022.
How big is unit 309?
1,352 sqft (125.6 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2021.
What is unit 309 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 309, Lamtara 1
Starts from the last sale price (AED 2.85M, 19 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →