116, Lamtara 3
Sold prices and rental history: sold once, by the developer in November 2021, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Lamtara 3
What is 116 worth today?
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Source: Dubai Land Department. Updated 3 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 791 sqft
- Floor
- 1st of 8
- Parking
- L1-04
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.26M · November 2021
- Building
- Lamtara 3
About 116, Lamtara 3
116 is a one-bedroom apartment of 791 sqft on the 1st floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 21 November 2021 for AED 1,261,000, or AED 1,594 per sqft, in line with the AED 1,605 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 January 2023. The current contract, signed on 3 January 2023, is AED 148,404 a year: a gross yield of 11.8% on the 2021 price, before the service charge of about AED 18,200 a year.
Sales and rents for 116 over time
116 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Lamtara 3, and where 116 sits
All 48 1-beds →116 last sold in November 2021 at AED 1,594 per sqft, in line with what one-beds in Lamtara 3 were fetching at the time (AED 1,605). 116's AED 148,404 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jun 202518 June 2025 | 781 sqft | 2,175,000 | 2,785 | ||
| 13 Apr 202513 April 2025 | 782 sqft | 2,450,000 | 3,134 | ||
| 4 Apr 20254 April 2025 | 780 sqft | 2,100,000 | 2,692 | ||
| 24 Feb 202524 February 2025 | 781 sqft | 2,700,000 | 3,456 |
Lamtara 3
Building108 apartments, 1-bed to 4-bed over 8 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 2 sold in the last 12 months.
- Typical price per sqft
- AED 3,846
- Typical sale
- AED 9.35M
- Typical rent
- AED 128K /yr
- Typical yield
- 4.1%
Other units on the 1st floor
All 108 units in Lamtara 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 790 sqft | AED 1.26MAED 1,261,000 · Aug 2019August 2019 | ||
| 102 | 1-bed | 779 sqft | AED 2.28MAED 2,278,000 · Sep 2023September 2023 | ||
| 103 | 1,597 sqft | AED 3.85MAED 3,850,000 · Mar 2025March 2025 | |||
| 104 | 2-bed | 1,958 sqft | AED 5MAED 5,000,000 · May 2023May 2023 | ||
| 105 | 1-bed | 783 sqft | AED 1.17MAED 1,168,000 · Jul 2019July 2019 | 125,000 /yr | |
| 106 | 2-bed | 1,370 sqft | AED 4.25MAED 4,250,000 · Nov 2023November 2023 | ||
| 107 | 2-bed | 1,486 sqft | AED 4.1MAED 4,100,000 · Apr 2025April 2025 | ||
| 108 | 2-bed | 1,362 sqft | AED 2.14MAED 2,138,000 · Jan 2020January 2020 | 223,797 /yr | |
| 109 | 2-bed | 1,355 sqft | AED 2.13MAED 2,133,000 · Jul 2020July 2020 | 180,000 /yr | |
| 110 | 2-bed | 1,363 sqft | AED 2.12MAED 2,118,000 · Jun 2020June 2020 | ||
| 111 | 2-bed | 1,528 sqft | AED 2.7MAED 2,700,000 · Jul 2022July 2022 | 230,000 /yr | |
| 112 | 2-bed | 1,486 sqft | AED 4.4MAED 4,400,000 · Dec 2024December 2024 | ||
| 113 | 1-bed | 788 sqft | AED 1.26MAED 1,261,000 · May 2019May 2019 | ||
| 114 | 1-bed | 787 sqft | AED 1.26MAED 1,261,000 · Oct 2019October 2019 | 104,212 /yr | |
| 115 | 1-bed | 791 sqft | AED 1.8MAED 1,800,000 · Apr 2022April 2022 |
116, Lamtara 3 in numbers
- Sold once: by Jumeirah Hills Development on 21 November 2021 for AED 1,261,000, or AED 1,594 per sqft.
- Rented since January 2023 on one Ejari contract, at AED 148,404 a year.
- At AED 148,404 a year the gross yield on the 2021 price is 11.8%, before a service charge of about AED 18,200 a year (AED 22.96 per sqft).
Source: Dubai Land Department. Updated 3 January 2023.
Questions about 116, Lamtara 3
What did unit 116 last sell for?
AED 1,261,000 on 21 November 2021, sold by the developer: AED 1,594 per sqft for 791 sqft. It is the only registered sale of the unit.
What is the rent for unit 116?
AED 148,404 a year on the contract signed on 3 January 2023.
How big is unit 116?
791 sqft (73.5 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2021.
What is unit 116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 116, Lamtara 3
Starts from the last sale price (AED 1.26M, 21 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,261,000
- Deposit, UAE resident (20%)
- AED 252,200
- Deposit, non-resident (40%)
- AED 504,400
- Monthly over 25 years at 3.7%
- AED 5,159
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →