# MJL Lamtara

Meraas · Lamtara · Dubai

## Commercial terms

| Field | Value | Origin |
|---|---|---|
| Starting price | AED 1 960 000 | Our calculation |
| Units | 269 | Developer supplied |
| Declared handover | Q1 2021 | Developer supplied |

## Unit types

| Type | Bedrooms | Units | Size, ft² | Price from, AED |
|---|---|---|---|---|
| 1-bedroom apartments | 1 |  | 757–1 595 |  |
| 2-bedroom apartments | 2 |  | 1 351–2 163 |  |
| 3-bedroom apartments | 3 |  | 1 838–3 246 |  |
| 4-bedroom apartments | 4 |  | 2 661–3 992 |  |

Origin: Developer supplied

## Dubai Land Department register

| Field | Value | Origin |
|---|---|---|
| DLD project number | 2097 | DLD registry |
| Construction | 100% | DLD registry |
| DLD inspection date | 2021-06-06 | DLD registry |
| Registry status | Ready | DLD registry |
| Escrow bank | Abu Dhabi Commercial Bank | Emirates Nbd Bank | DLD registry |

### DLD inspection history

| Date | Completion |
|---|---|
| 2019-04-22 | 3.6% |
| 2019-08-20 | 7.73% |
| 2020-03-16 | 37.03% |
| 2020-06-24 | 51.13% |
| 2020-11-12 | 78.14% |
| 2021-03-24 | 95.12% |
| 2021-06-06 | 100% |

> Completion is recorded at a DLD technical inspection. An unchanged value between two dates means no new inspection, not a stopped site. The declared handover is the date held in the register or stated by the developer, not the actual completion.

## Registered sales (DLD)

| Field | Value | Origin |
|---|---|---|
| Sales registered, 2018–2026 | 295 | DLD registry |
| Median price per m², 2018–2026 | AED 21 645 | Our calculation |
| Resale share | 62% | Our calculation |
| Sales in the last 12 months | 13 | DLD registry |
| Price per m² change, last 12 months vs previous 12 | -10% | Our calculation |
| Gross rental yield | 5.5% | Our calculation |

### Medians by bedrooms, all sales 2018–2026

| Type | Deals | Median price, AED | Median size, m² | AED per m² |
|---|---|---|---|---|
| 1 bedroom | 137 | 1 751 000 | 72 | 24 319 |
| 2 bedrooms | 106 | 2 732 000 | 126 | 21 683 |
| 3 bedrooms | 34 | 3 700 000 | 173 | 21 387 |
| 4 bedrooms | 18 | 7 000 000 | 254 | 27 559 |

> Medians cover all registered sales over the whole period and are not today's asking price.

## Sales history (DLD): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Sales in total: 295, from 2018-12-31 to 2026-08-14. A median is shown where a period has at least 3 sales.

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| **Last 12 months** | 13 | 3 400 000 | 30 679 | 2 850 | 100% |

### By year

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2018 | 2 | — | — | — | — |
| 2019 | 59 | 2 128 000 | 17 146 | 1 593 | 0% |
| 2020 | 29 | 2 422 000 | 18 819 | 1 748 | 0% |
| 2021 | 36 | 2 166 000 | 18 746 | 1 742 | 39% |
| 2022 | 99 | 2 300 000 | 26 092 | 2 424 | 100% |
| 2023 | 32 | 2 900 000 | 34 165 | 3 174 | 100% |
| 2024 | 14 | 3 675 000 | 34 834 | 3 236 | 100% |
| 2025 | 15 | 4 100 000 | 33 103 | 3 075 | 100% |
| 2026 | 9 | 3 000 000 | 28 743 | 2 670 | 100% |

### By quarter

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2018-Q4 | 2 | — | — | — | — |
| 2019-Q1 | 2 | — | — | — | — |
| 2019-Q2 | 3 | 2 157 000 | 17 531 | 1 629 | 0% |
| 2019-Q3 | 20 | 2 088 000 | 17 192 | 1 597 | 0% |
| 2019-Q4 | 34 | 2 129 000 | 17 121 | 1 591 | 0% |
| 2020-Q1 | 15 | 2 417 000 | 17 300 | 1 607 | 0% |
| 2020-Q2 | 10 | 2 822 000 | 19 208 | 1 784 | 0% |
| 2020-Q3 | 1 | — | — | — | — |
| 2020-Q4 | 3 | 3 614 880 | 20 736 | 1 926 | 0% |
| 2021-Q1 | 6 | 1 800 000 | 18 059 | 1 678 | 0% |
| 2021-Q2 | 9 | 2 400 000 | 19 127 | 1 777 | 11% |
| 2021-Q3 | 11 | 2 146 000 | 17 070 | 1 586 | 36% |
| 2021-Q4 | 10 | 2 400 000 | 21 583 | 2 005 | 90% |
| 2022-Q1 | 52 | 2 197 000 | 23 059 | 2 142 | 100% |
| 2022-Q2 | 21 | 2 250 000 | 27 430 | 2 548 | 100% |
| 2022-Q3 | 10 | 2 400 000 | 27 023 | 2 511 | 100% |
| 2022-Q4 | 16 | 3 550 000 | 28 585 | 2 656 | 100% |
| 2023-Q1 | 9 | 2 400 000 | 33 543 | 3 116 | 100% |
| 2023-Q2 | 7 | 3 650 000 | 31 847 | 2 959 | 100% |
| 2023-Q3 | 9 | 4 750 000 | 37 716 | 3 504 | 100% |
| 2023-Q4 | 7 | 2 750 000 | 38 226 | 3 551 | 100% |
| 2024-Q1 | 6 | 3 675 000 | 34 834 | 3 236 | 100% |
| 2024-Q2 | 5 | 2 675 000 | 29 007 | 2 695 | 100% |
| 2024-Q4 | 3 | 8 400 000 | 49 017 | 4 554 | 100% |
| 2025-Q1 | 2 | — | — | — | — |
| 2025-Q2 | 5 | 4 270 000 | 34 751 | 3 228 | 100% |
| 2025-Q3 | 2 | — | — | — | — |
| 2025-Q4 | 6 | 4 600 000 | 33 103 | 3 075 | 100% |
| 2026-Q1 | 2 | — | — | — | — |
| 2026-Q2 | 6 | 3 000 000 | 28 743 | 2 670 | 100% |
| 2026-Q3 | 1 | — | — | — | — |

### Latest registered sales (anonymised)

| Date | Type | Size, m² | Price, AED | AED/m² | Market |
|---|---|---|---|---|---|
| 2026-08-14 | 1 BR | 70.8 | 1 900 000 | 26 829 | resale |
| 2026-06-12 | 2 BR | 126.4 | 3 000 000 | 23 740 | resale |
| 2026-05-11 | 1 BR | 93.1 | 2 000 000 | 21 487 | resale |
| 2026-05-05 | 2 BR | 73.3 | 1 500 000 | 20 461 | resale |
| 2026-05-05 | 4 BR | 247.2 | 12 622 500 | 51 064 | resale |
| 2026-04-21 | 1 BR | 71.9 | 2 100 000 | 29 191 | resale |
| 2026-04-06 | 2 BR | 128 | 3 680 000 | 28 743 | resale |
| 2026-02-26 | 2 BR | 126.4 | 4 350 000 | 34 423 | resale |
| 2026-01-08 | 1 BR | 71.1 | 3 400 000 | 47 827 | resale |
| 2025-12-22 | 1 BR | 71.7 | 2 200 000 | 30 679 | resale |
| 2025-12-10 | 2 BR | 126.3 | 4 150 000 | 32 858 | resale |
| 2025-12-03 | 2 BR | 125.6 | 4 700 000 | 37 414 | resale |
| 2025-11-13 | 4 BR | 356 | 17 800 000 | 49 999 | resale |
| 2025-10-03 | 2 BR | 146.6 | 4 600 000 | 31 371 | resale |
| 2025-10-03 | 1 BR | 75.2 | 2 490 000 | 33 103 | resale |
| 2025-09-09 | 1 BR | 70.3 | 2 000 000 | 28 445 | resale |
| 2025-07-21 | 1 BR | 71.5 | 3 010 000 | 42 074 | resale |
| 2025-06-11 | 2 BR | 171.4 | 7 200 000 | 42 007 | resale |
| 2025-04-22 | 3 BR | 229.8 | 8 500 000 | 36 997 | resale |
| 2025-04-22 | 1 BR | 71.8 | 2 320 000 | 32 325 | resale |

## Rental history (Ejari): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Contracts in total: 324, from 2021-09-25 to 2026-10-15. Rent is annual.

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| **Last 12 months** | 78 | 190 000 | 1 694 |

### By year

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2021 | 11 | 240 000 | 1 437 |
| 2022 | 44 | 178 000 | 1 468 |
| 2023 | 64 | 180 000 | 1 875 |
| 2024 | 74 | 195 000 | 1 831 |
| 2025 | 66 | 195 000 | 1 833 |
| 2026 | 65 | 190 000 | 1 668 |

### By quarter

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2021-Q3 | 1 | — | — |
| 2021-Q4 | 10 | 250 000 | 1 437 |
| 2022-Q1 | 12 | 165 000 | 1 413 |
| 2022-Q2 | 8 | 170 000 | 1 413 |
| 2022-Q3 | 9 | 180 000 | 2 047 |
| 2022-Q4 | 15 | 180 000 | 1 609 |
| 2023-Q1 | 19 | 180 000 | 1 956 |
| 2023-Q2 | 14 | 190 000 | 1 587 |
| 2023-Q3 | 19 | 165 000 | 2 143 |
| 2023-Q4 | 12 | 300 000 | 1 724 |
| 2024-Q1 | 18 | 180 000 | 1 676 |
| 2024-Q2 | 16 | 190 000 | 1 840 |
| 2024-Q3 | 23 | 230 000 | 1 875 |
| 2024-Q4 | 17 | 195 000 | 1 867 |
| 2025-Q1 | 20 | 156 449 | 1 772 |
| 2025-Q2 | 16 | 230 000 | 1 797 |
| 2025-Q3 | 15 | 180 000 | 1 840 |
| 2025-Q4 | 15 | 170 000 | 1 875 |
| 2026-Q1 | 22 | 205 000 | 1 771 |
| 2026-Q2 | 19 | 210 000 | 1 590 |
| 2026-Q3 | 17 | 175 000 | 1 623 |
| 2026-Q4 | 7 | 160 000 | 1 395 |

### Latest registered rental contracts (anonymised)

| Date | Type | Size, m² | Rent, AED/year | AED/m² per year |
|---|---|---|---|---|
| 2026-10-15 | 2 BR | 125.5 | 175 000 | 1 395 |
| 2026-10-04 | 2 BR | 148.5 | 60 000 | 404 |
| 2026-10-01 | 1 BR | 71.9 | 160 000 | 2 224 |
| 2026-10-01 | 2 BR | 153.6 | 200 000 | 1 302 |
| 2026-10-01 | 1 BR | 75.2 | 100 000 | 1 329 |
| 2026-10-01 | 1 BR | 71.6 | 130 000 | 1 817 |
| 2026-10-01 | 2 BR | 125.6 | 190 000 | 1 512 |
| 2026-09-28 | 1 BR | 70.8 | 120 000 | 1 694 |
| 2026-09-25 | 3 BR | 171.3 | 320 000 | 1 868 |
| 2026-09-17 | 2 BR | 125.5 | 274 992 | 2 192 |

## Sources and provenance

- DLD registry — taken from the Dubai Land Department register as recorded.
- Developer supplied — stated by the developer; prices change without notice.
- Our calculation — computed by us from the first two.

## Links

- Project page: https://continentalclub.ae/project/mjl-lamtara-lamtara/
- The same record as JSON: https://continentalclub.ae/project/mjl-lamtara-lamtara.json
- Methodology and origin labels: https://continentalclub.ae/methodology/#provenance
- RU: https://continentalclub.ae/ru/project/mjl-lamtara-lamtara-ru/

Record updated: 2026-10-17

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How to cite: "MJL Lamtara — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-17, https://continentalclub.ae/project/mjl-lamtara-lamtara/"