This paper presents the design of Unscented Kalman Filter (UKF) for estimation of state space variables of permanent magnet synchronous machine (PMSM). The UKF is shown together with the field oriented speed control. At first, the position and the speed of PMSM are measured, and UKF is used only for a load torque estimation. It is indicated how differences in sampling time of the speed and the current loop affects overall estimation performance. Subsequently, speed sensorless performance of the UKF with the same parameters is shown for comparison. Designed filter is verified only by Matlab simulation.