2-bed · 2,081 sqftLamtara 2, Umm Suqeim Third · 2nd floor · completed 2021

211, Lamtara 2

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 14 September 2024
Last soldAED 2.6M30 July 2019
Current rentAED 230K /yr14 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Lamtara 2

What is 211 worth today?

Last sold for AED 2,598,000 in 2019

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14 Sep 2024RentedNew contract
AED 230,000/yr12 months · AED 106 per sqft
1 Jun 2023RentedNew contract
AED 230,000/yr12 months · AED 106 per sqft
20 Nov 2021RentedNew contract
AED 275,000/yr18 months · AED 127 per sqft
20 Nov 2021RentedNew contract
AED 183,333/yr18 months · AED 85 per sqft
30 Jul 2019Sold by developerOff-plan
AED 2,598,000AED 1,248 per sqft

Source: Dubai Land Department. Updated 14 September 2024.

Key facts

Type
2-bed apartment
Size
2,081 sqft
Floor
2nd of 9
Parking
L1-91
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 47,800 /yr
Last sold
AED 2.6M · July 2019
Building
Lamtara 2

About 211, Lamtara 2

211 is a two-bedroom apartment of 2,081 sqft on the 2nd floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 30 July 2019 for AED 2,598,000, or AED 1,248 per sqft, 21% below the AED 1,588 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 14 September 2024, is AED 230,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 47,800 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical two-bed in Lamtara 2
2M3M4M2019202120232025Typical sale price by year: 2019 AED 2,167,000; 2020 AED 2,420,000; 2021 AED 2,253,000; 2022 AED 2,750,000; 2023 AED 3,800,000; 2025 AED 4,210,000Sold by developer, July 2019: AED 2,598,000 (AED 1,248 per sqft)

211 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 211, each contractTypical two-bed in Lamtara 2
200K250K2021202320252027Typical rent by year: 2021 AED 183,333; 2022 AED 178,000; 2023 AED 184,000; 2024 AED 210,000; 2025 AED 230,000; 2026 AED 220,000New contract, November 2021: AED 275,000 a yearNew contract, November 2021: AED 183,333 a yearNew contract, June 2023: AED 230,000 a yearNew contract, September 2024: AED 230,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Lamtara 2, and where 211 sits

All 39 2-beds →

211 last sold in July 2019 at AED 1,248 per sqft, 21% below what two-beds in Lamtara 2 were fetching at the time (AED 1,588). Over the last 12 months two-beds sold for AED 4,150,000, around AED 3,052 per sqft, and rent for AED 194,250 to 274,992 a year. 211's AED 230,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Dec 20254,150,000
11 Jun 20257,200,000
2 Apr 20254,270,000
7 Mar 20254,100,000
1 2-bed sale in the last 12 months

Lamtara 2

Building

99 apartments, 1-bed to 4-bed over 9 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 2 sold in the last 12 months.

Typical price per sqft
AED 2,951
Typical sale
AED 3.18M
Typical rent
AED 220K /yr
Typical yield
5.5%
Lamtara 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 2nd floor

All 99 units in Lamtara 2
Value
2011-bedAED 1.39M · Aug 2019
2023-bedAED 3.58M · Apr 2020
2032-bedAED 1.82M · Jan 2023
2042-bedAED 2.12M · Aug 2021
2051-bedAED 1.7M · Apr 2022
2062-bedAED 2.42M · Mar 2020
2071-bedAED 2.5M · May 2023
1–7 of 12

211, Lamtara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 30 July 2019 for AED 2,598,000, or AED 1,248 per sqft.
  • Rented since November 2021 on 4 Ejari contracts, from AED 183,333 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 47,800 a year (AED 22.96 per sqft).
  • Two-beds in Lamtara 2 sold for AED 4,150,000–4,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,951 per sqft.

Source: Dubai Land Department. Updated 14 September 2024.

Questions about 211, Lamtara 2

What did unit 211 last sell for?

AED 2,598,000 on 30 July 2019, sold by the developer: AED 1,248 per sqft for 2,081 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 230,000 a year on the contract signed on 14 September 2024. The previous contract, from June 2023, was AED 230,000; the unit has been rented since November 2021.

How big is unit 211?

2,081 sqft (193.3 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2021.

What is unit 211 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lamtara 2 sold for AED 4,150,000 to 4,150,000 in the last 12 months, around AED 3,052 per sqft.

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Mortgage on 211, Lamtara 2

Starts from the last sale price (AED 2.6M, 30 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,598,000
Deposit, UAE resident (20%)
AED 519,600
Deposit, non-resident (40%)
AED 1,039,200
Monthly over 25 years at 3.7%
AED 10,629

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →