1-bed · 782 sqftLamtara 3, Umm Suqeim Third · 5th floor · completed 2021

502, Lamtara 3

Sold prices and rental history: sold twice, last in November 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 21 March 2025
Last soldAED 1.82M10 November 2022
Current rentAED 140K /yr21 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Lamtara 3

What is 502 worth today?

Last sold for AED 1,815,000 in 2022

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21 Mar 2025RentedNew contract
AED 140,000/yr12 months · AED 179 per sqft
1 Feb 2025RentedRenewal
AED 210,000/yr12 months · AED 271 per sqft
1 Sep 2024RentedNew contract
AED 164,000/yr12 months · AED 209 per sqft
10 Nov 2022SoldReady
AED 1,815,000AED 2,321 per sqft
30 Jul 2019Sold by developerOff-plan
AED 1,302,000AED 1,665 per sqft

Source: Dubai Land Department. Updated 21 March 2025.

Key facts

Type
1-bed apartment
Size
782 sqft
Floor
5th of 8
Parking
G-94
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,900 /yr
Last sold
AED 1.82M · November 2022
Building
Lamtara 3

About 502, Lamtara 3

502 is a one-bedroom apartment of 782 sqft on the 5th floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 10 November 2022 for AED 1,815,000, or AED 2,321 per sqft, 10% above the AED 2,114 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 21 March 2025, is AED 140,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 17,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Lamtara 3
1.5M2M2.5M2019202120232025Typical sale price by year: 2019 AED 1,296,000; 2020 AED 1,290,000; 2021 AED 1,268,000; 2022 AED 1,815,000; 2023 AED 2,175,000; 2025 AED 2,312,500Sold by developer, July 2019: AED 1,302,000 (AED 1,665 per sqft)Sold, November 2022: AED 1,815,000 (AED 2,321 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Lamtara 3
100K200K202220242026Typical rent by year: 2022 AED 89,876; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 120,000New contract, September 2024: AED 164,000 a yearRenewal, February 2025: AED 210,000 a yearNew contract, March 2025: AED 140,000 a year

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 502 sits

All 48 1-beds →

502 last sold in November 2022 at AED 2,321 per sqft, 10% above what one-beds in Lamtara 3 were fetching at the time (AED 2,114). 502's AED 140,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Jun 20252,175,000
13 Apr 20252,450,000
4 Apr 20252,100,000
24 Feb 20252,700,000
0 1-bed sales in the last 12 months

Lamtara 3

Building

108 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%
Lamtara 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 108 units in Lamtara 3
Value
5011-bedAED 1.3M · Apr 2022
5032-bedAED 2.53M · Jan 2020
5042-bedAED 4.69M · Feb 2024
5051-bedAED 1.22M · Sep 2019
5062-bedAED 5M · May 2024
5073-bedAED 2.97M · Sep 2019
5083-bedAED 3.47M · Oct 2019
1–7 of 13

502, Lamtara 3 in numbers

  • Sold twice: first on 30 July 2019 for AED 1,302,000, last on 10 November 2022 for AED 1,815,000 (AED 2,321 per sqft).
  • Rented since September 2024 on 3 Ejari contracts, from AED 164,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 17,900 a year (AED 22.96 per sqft).

Source: Dubai Land Department. Updated 21 March 2025.

Questions about 502, Lamtara 3

What did unit 502 last sell for?

AED 1,815,000 on 10 November 2022: AED 2,321 per sqft for 782 sqft. The unit has 2 registered sales; the first was AED 1,302,000 in July 2019.

What is the rent for unit 502?

AED 140,000 a year on the contract signed on 21 March 2025. The previous contract, from February 2025, was AED 210,000; the unit has been rented since September 2024.

How big is unit 502?

782 sqft (72.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2021.

What is unit 502 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 502, Lamtara 3

Starts from the last sale price (AED 1.82M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,815,000
Deposit, UAE resident (20%)
AED 363,000
Deposit, non-resident (40%)
AED 726,000
Monthly over 25 years at 3.7%
AED 7,426

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