2-bed · 1,378 sqftLamtara 2, Umm Suqeim Third · 3rd floor · completed 2021

304, Lamtara 2

Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 6 September 2021
Last soldAED 2.15M6 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Lamtara 2

What is 304 worth today?

Last sold for AED 2,146,000 in 2021

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6 Sep 2021Sold by developerOff-plan
AED 2,146,000AED 1,557 per sqft

Source: Dubai Land Department. Updated 6 September 2021.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
3rd of 9
Parking
L1-83
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,600 /yr
Last sold
AED 2.15M · September 2021
Building
Lamtara 2

About 304, Lamtara 2

304 is a two-bedroom apartment of 1,378 sqft on the 3rd floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 6 September 2021 for AED 2,146,000, or AED 1,557 per sqft, in line with the AED 1,585 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, 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, September 2021: AED 2,146,000 (AED 1,557 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Lamtara 2
175K200K225K2021202320252027Typical 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 220,000

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 304 sits

All 39 2-beds →

304 last sold in September 2021 at AED 1,557 per sqft, in line with what two-beds in Lamtara 2 were fetching at the time (AED 1,585). 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.

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 3rd floor

All 99 units in Lamtara 2
Value
3011-bedAED 3M · Jun 2023
3023-bedAED 3.43M · Nov 2019
3032-bedAED 2.13M · Sep 2019
3051-bedAED 1.5M · Mar 2022
3062-bedAED 3.2M · Oct 2021
3071-bedAED 1.23M · Jan 2019
3081-bedAED 1.27M · Aug 2021
1–7 of 11

304, Lamtara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 6 September 2021 for AED 2,146,000, or AED 1,557 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 6 September 2021.

Questions about 304, Lamtara 2

What did unit 304 last sell for?

AED 2,146,000 on 6 September 2021, sold by the developer: AED 1,557 per sqft for 1,378 sqft. It is the only registered sale of the unit.

How big is unit 304?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.

What is unit 304 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 304, Lamtara 2

Starts from the last sale price (AED 2.15M, 6 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,146,000
Deposit, UAE resident (20%)
AED 429,200
Deposit, non-resident (40%)
AED 858,400
Monthly over 25 years at 3.7%
AED 8,780

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