402, Lamtara 1
Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Lamtara 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 15 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,354 sqft
- Floor
- 4th of 7
- Parking
- G-77
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2.89M · March 2022
- Building
- Lamtara 1
About 402, Lamtara 1
402 is a two-bedroom apartment of 1,354 sqft on the 4th floor of Lamtara 1, a 7-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development. The developer sold it on 15 March 2022 for AED 2,887,000, or AED 2,131 per sqft, in line with the AED 2,131 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 402 over time
402 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Lamtara 1, and where 402 sits
All 21 2-beds →402 last sold in March 2022 at AED 2,131 per sqft, in line with what two-beds in Lamtara 1 were fetching at the time (AED 2,131). Over the last 12 months two-beds sold for AED 4,700,000, around AED 3,475 per sqft, and rent for AED 190,000 to 300,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202328 September 2023 | 1,538 sqft | 2,947,272 | 1,916 | ||
| 25 Sep 202325 September 2023 | 1,356 sqft | 4,750,000 | 3,503 | ||
| 21 Mar 202321 March 2023 | 1,538 sqft | 5,300,000 | 3,445 | ||
| 13 Dec 202213 December 2022 | 1,356 sqft | 3,600,000 | 2,655 |
Lamtara 1
Building61 apartments, 1-bed to 4-bed over 7 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development. 3 sold in the last 12 months.
- Typical price per sqft
- AED 4,443
- Typical sale
- AED 4.7M
- Typical rent
- AED 173K /yr
- Typical yield
- 3.6%
Other units on the 4th floor
All 61 units in Lamtara 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,356 sqft | AED 3.6MAED 3,600,000 · Dec 2022December 2022 | 190,000 /yr | |
| 403 | 4-bed | 2,662 sqft | AED 13.26MAED 13,260,000 · Oct 2024October 2024 | 600,000 /yr | |
| 404 | 3-bed | 922 sqft | AED 11.99MAED 11,987,000 · Jun 2022June 2022 | ||
| 405 | 1-bed | 774 sqft | AED 2.01MAED 2,005,000 · Mar 2022March 2022 | ||
| 406 | 1-bed | 774 sqft | AED 2.01MAED 2,005,000 · Apr 2022April 2022 | 132,500 /yr | |
| 407 | 1-bed | 765 sqft | AED 1.98MAED 1,981,000 · Jan 2022January 2022 | ||
| 408 | 2-bed | 1,538 sqft | AED 3.98MAED 3,981,000 · May 2022May 2022 | ||
| 409 | 2-bed | 1,352 sqft | AED 4.2MAED 4,200,000 · Nov 2022November 2022 | ||
| 410 | 1-bed | 773 sqft | AED 2.3MAED 2,300,000 · Mar 2025March 2025 |
402, Lamtara 1 in numbers
- Sold once: by Jumeirah Hills Development on 15 March 2022 for AED 2,887,000, or AED 2,131 per sqft.
- Two-beds in Lamtara 1 sold for AED 4,700,000–4,700,000 in the 12 months to November 2026; the building's median across all types is AED 4,443 per sqft.
Source: Dubai Land Department. Updated 15 March 2022.
Questions about 402, Lamtara 1
What did unit 402 last sell for?
AED 2,887,000 on 15 March 2022, sold by the developer: AED 2,131 per sqft for 1,354 sqft. It is the only registered sale of the unit.
How big is unit 402?
1,354 sqft (125.8 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2021.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lamtara 1 sold for AED 4,700,000 to 4,700,000 in the last 12 months, around AED 3,475 per sqft.
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Mortgage on 402, Lamtara 1
Starts from the last sale price (AED 2.89M, 15 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,887,000
- Deposit, UAE resident (20%)
- AED 577,400
- Deposit, non-resident (40%)
- AED 1,154,800
- Monthly over 25 years at 3.7%
- AED 11,812
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →