Project · Transactions · 2023

Lamtara Property Transactions 2023

51 property sales worth AED 206.01M were registered in Lamtara in 2023, 58.5% lower than 2022 by number of sales. The median sale price was AED 2,663,000 and the median price per square foot AED 3,007 (+29.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 51 salesUpdated: 20 Oct 2026
Property sales
51
−58.5% vs 2022
1 Jan – 31 Dec 2023
Total value
AED 206.01M
−47.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
AED 2,663,000
+6.5% vs 2022
51 sales
Median price per sq ft
AED 3,007
+29.5% vs 2022
51 sales

What types of property sold in Lamtara in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments51100%AED 206.01MAED 2,663,000AED 3,007

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)611.8%AED 74.2MAED 11,475,000AED 5,070
Resale (secondary)4588.2%AED 131.81MAED 2,550,000AED 2,877
Ready51100%AED 206.01MAED 2,663,000AED 3,007

How many rental contracts were registered in Lamtara in 2023?

104 rental contracts (new and renewed) were registered in Lamtara in 2023, at a median annual rent of AED 178,000 (+6.3% on 2022). Rental yields in Lamtara

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/12/2023Lamtara 14 beds · Apartment3,832 sq ftAED 17,950,000Primary · Ready
25/09/2023Lamtara 13 beds · Apartment2,473 sq ftAED 14,751,000Primary · Ready
17/12/2023Lamtara 13 beds · Apartment1,844 sq ftAED 12,250,000Primary · Ready
13/09/2023Lamtara 13 beds · Apartment2,007 sq ftAED 10,700,000Primary · Ready
07/09/2023Lamtara 13 beds · Apartment2,007 sq ftAED 9,650,000Primary · Ready
08/09/2023Lamtara 13 beds · Apartment2,007 sq ftAED 8,900,000Primary · Ready
21/03/2023Lamtara 12 beds · Apartment1,538 sq ftAED 5,300,000Resale · Ready
26/05/2023Lamtara 32 beds · Apartment1,958 sq ftAED 5,000,000Resale · Ready
09/11/2023Lamtara 22 beds · Apartment1,575 sq ftAED 4,800,000Resale · Ready
25/09/2023Lamtara 12 beds · Apartment1,356 sq ftAED 4,750,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/12/2023Lamtara 21 bed · Apartment772 sq ftAED 2,500,000Resale · Ready
17/12/2023Lamtara 13 beds · Apartment1,844 sq ftAED 12,250,000Primary · Ready
14/12/2023Lamtara 14 beds · Apartment3,832 sq ftAED 17,950,000Primary · Ready
11/12/2023Lamtara 11 bed · Apartment765 sq ftAED 2,300,000Resale · Ready
01/12/2023Lamtara 11 bed · Apartment765 sq ftAED 2,750,000Resale · Ready
28/11/2023Lamtara 32 beds · Apartment1,369 sq ftAED 4,250,000Resale · Ready
09/11/2023Lamtara 22 beds · Apartment1,575 sq ftAED 4,800,000Resale · Ready
31/10/2023Lamtara 32 beds · Apartment1,728 sq ftAED 2,663,000Resale · Ready
16/10/2023Lamtara 11 bed · Apartment774 sq ftAED 2,750,000Resale · Ready
09/10/2023Lamtara 31 bed · Apartment782 sq ftAED 2,150,000Resale · 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/2023
Lamtara Property Transactions 2023. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-property-transactions/lamtara/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 in 2023?
51 property sales worth AED 206,013,272 were registered in Lamtara in 2023. That is 58.5% lower than 2022.
What was the median property price in Lamtara in 2023?
The median sale price was AED 2,663,000 and the median price per square foot AED 3,007 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Lamtara were off-plan or from developers?
Developer (primary) sales were 11.8% of the 51 sales and resales 88.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 20 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/lamtara/2023