701, Lamtara 3
Sold prices and rental history: sold once, by the developer in June 2019, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Lamtara 3
What is 701 worth today?
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Source: Dubai Land Department. Updated 29 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 788 sqft
- Floor
- 7th of 8
- Parking
- L1-116
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.31M · June 2019
- Building
- Lamtara 3
About 701, Lamtara 3
701 is a one-bedroom apartment of 788 sqft on the 7th floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development. The developer sold it on 27 June 2019 for AED 1,314,000, or AED 1,667 per sqft, in line with the AED 1,673 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 29 August 2024. The current contract, signed on 29 August 2024, is AED 130,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 18,100 a year.
Sales and rents for 701 over time
701 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 701 sits
All 48 1-beds →701 last sold in June 2019 at AED 1,667 per sqft, in line with what one-beds in Lamtara 3 were fetching at the time (AED 1,673). 701's AED 130,000 is in the lower 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 7th floor
All 108 units in Lamtara 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 784 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 | 135,000 /yr | |
| 703 | 2-bed | 1,445 sqft | AED 2.55MAED 2,547,000 · Jul 2019July 2019 | 230,000 /yr | |
| 704 | 2-bed | 1,474 sqft | AED 2.62MAED 2,620,000 · Jun 2019June 2019 | 220,000 /yr | |
| 705 | 1-bed | 785 sqft | AED 1.23MAED 1,228,000 · Jun 2019June 2019 | ||
| 706 | 2-bed | 1,370 sqft | AED 2.11MAED 2,110,000 · Jun 2019June 2019 | 235,000 /yr | |
| 707 | 3-bed | 1,880 sqft | AED 3MAED 3,000,000 · Jun 2019June 2019 | ||
| 708 | 3-bed | 2,474 sqft | AED 3.92MAED 3,918,000 · Jun 2019June 2019 | 410,000 /yr | |
| 709 | 4-bed | 2,848 sqft | AED 4.75MAED 4,748,000 · Jun 2019June 2019 | 500,000 /yr | |
| 710 | 1-bed | 776 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 | 130,000 /yr | |
| 711 | 1-bed | 779 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 | 145,000 /yr | |
| 712 | 1-bed | 785 sqft | AED 1.31MAED 1,314,000 · Jun 2019June 2019 |
701, Lamtara 3 in numbers
- Sold once: by Jumeirah Hills Development on 27 June 2019 for AED 1,314,000, or AED 1,667 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2019 price is 9.9%, before a service charge of about AED 18,100 a year (AED 22.96 per sqft).
Source: Dubai Land Department. Updated 29 August 2024.
Questions about 701, Lamtara 3
What did unit 701 last sell for?
AED 1,314,000 on 27 June 2019, sold by the developer: AED 1,667 per sqft for 788 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 130,000 a year on the contract signed on 29 August 2024.
How big is unit 701?
788 sqft (73.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2021.
What is unit 701 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 701, Lamtara 3
Starts from the last sale price (AED 1.31M, 27 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,314,000
- Deposit, UAE resident (20%)
- AED 262,800
- Deposit, non-resident (40%)
- AED 525,600
- Monthly over 25 years at 3.7%
- AED 5,376
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →