Building · Transactions · 2023

Lamtara 1 Property Transactions 2023

17 property sales worth ⃃ 106.93M were registered in Lamtara 1 in 2023, 74.2% lower than 2022 by number of sales. The median sale price was ⃃ 2,947,272 and the median price per square foot ⃃ 3,503 (+44.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 17 salesUpdated: 19 Oct 2026
Property sales
17
−74.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 106.93M
−44.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,947,272
+32.0% vs 2022
17 sales
Median price per sq ft
⃃ 3,503
+44.5% vs 2022
17 sales

What types of property sold in Lamtara 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17100%⃃ 106.93M⃃ 2,947,272⃃ 3,503

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)635.3%⃃ 74.2M⃃ 11,475,000⃃ 5,070
Resale (secondary)1164.7%⃃ 32.73M⃃ 2,600,000⃃ 3,295
Ready17100%⃃ 106.93M⃃ 2,947,272⃃ 3,503

How many rental contracts were registered in Lamtara 1 in 2023?

18 rental contracts (new and renewed) were registered in Lamtara 1 in 2023, at a median annual rent of ⃃ 192,500 (+6.9% on 2022). Rental yields in Lamtara 1

What were the most expensive property sales in Lamtara 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/12/2023Lamtara 14 beds · Apartment3,832 sq ft⃃ 17,950,000Primary · Ready
25/09/2023Lamtara 13 beds · Apartment2,473 sq ft⃃ 14,751,000Primary · Ready
17/12/2023Lamtara 13 beds · Apartment1,844 sq ft⃃ 12,250,000Primary · Ready
13/09/2023Lamtara 13 beds · Apartment2,007 sq ft⃃ 10,700,000Primary · Ready
07/09/2023Lamtara 13 beds · Apartment2,007 sq ft⃃ 9,650,000Primary · Ready
08/09/2023Lamtara 13 beds · Apartment2,007 sq ft⃃ 8,900,000Primary · Ready
21/03/2023Lamtara 12 beds · Apartment1,538 sq ft⃃ 5,300,000Resale · Ready
25/09/2023Lamtara 12 beds · Apartment1,356 sq ft⃃ 4,750,000Resale · Ready
28/09/2023Lamtara 12 beds · Apartment1,538 sq ft⃃ 2,947,272Resale · Ready
01/12/2023Lamtara 11 bed · Apartment765 sq ft⃃ 2,750,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
17/12/2023Lamtara 13 beds · Apartment1,844 sq ft⃃ 12,250,000Primary · Ready
14/12/2023Lamtara 14 beds · Apartment3,832 sq ft⃃ 17,950,000Primary · Ready
11/12/2023Lamtara 11 bed · Apartment765 sq ft⃃ 2,300,000Resale · Ready
01/12/2023Lamtara 11 bed · Apartment765 sq ft⃃ 2,750,000Resale · Ready
16/10/2023Lamtara 11 bed · Apartment774 sq ft⃃ 2,750,000Resale · Ready
28/09/2023Lamtara 12 beds · Apartment1,538 sq ft⃃ 2,947,272Resale · Ready
25/09/2023Lamtara 13 beds · Apartment2,473 sq ft⃃ 14,751,000Primary · Ready
25/09/2023Lamtara 12 beds · Apartment1,356 sq ft⃃ 4,750,000Resale · Ready
13/09/2023Lamtara 13 beds · Apartment2,007 sq ft⃃ 10,700,000Primary · Ready
08/09/2023Lamtara 13 beds · Apartment2,007 sq ft⃃ 8,900,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/lamtara-1/2023
Lamtara 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/lamtara-1/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Lamtara 1 in 2023?
17 property sales worth ⃃ 106,928,272 were registered in Lamtara 1 in 2023. That is 74.2% lower than 2022.
What was the median property price in Lamtara 1 in 2023?
The median sale price was ⃃ 2,947,272 and the median price per square foot ⃃ 3,503 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Lamtara 1 were off-plan or from developers?
Developer (primary) sales were 35.3% of the 17 sales and resales 64.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/lamtara-1/2023