408, Lamtara 2
Sold prices and rental history: sold once, by the developer in January 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Lamtara 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 22 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 761 sqft
- Floor
- 4th of 9
- Parking
- L1-22
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.2M · January 2020
- Building
- Lamtara 2
About 408, Lamtara 2
408 is a one-bedroom apartment of 761 sqft on the 4th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 13 January 2020 for AED 1,204,000, or AED 1,581 per sqft, in line with the AED 1,592 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 22 February 2025, is AED 135,000 a year: a gross yield of 11.2% on the 2020 price, before the service charge of about AED 17,500 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Lamtara 2, and where 408 sits
All 34 1-beds →408 last sold in January 2020 at AED 1,581 per sqft, in line with what one-beds in Lamtara 2 were fetching at the time (AED 1,592). Over the last 12 months one-beds sold for AED 2,200,000, around AED 2,850 per sqft, and rent for AED 124,613 to 160,000 a year. 408's AED 135,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202522 December 2025 | 772 sqft | 2,200,000 | 2,850 | ||
| 21 Jul 202521 July 2025 | 770 sqft | 3,010,000 | 3,908 | ||
| 29 May 202429 May 2024 | 1,002 sqft | 2,700,000 | 2,694 | ||
| 15 May 202415 May 2024 | 762 sqft | 1,500,000 | 1,967 |
Lamtara 2
Building99 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%
Other units on the 4th floor
All 99 units in Lamtara 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 770 sqft | AED 1.36MAED 1,363,000 · Jan 2020January 2020 | 135,000 /yr | |
| 402 | 3-bed | 938 sqft | AED 6.9MAED 6,900,000 · Nov 2022November 2022 | ||
| 403 | 2-bed | 1,359 sqft | AED 4.18MAED 4,182,000 · Apr 2023April 2023 | 200,000 /yr | |
| 404 | 2-bed | 1,378 sqft | AED 1.82MAED 1,820,000 · Jan 2023January 2023 | ||
| 405 | 1-bed | 762 sqft | AED 1.65MAED 1,650,000 · Nov 2021November 2021 | 115,000 /yr | |
| 406 | 2-bed | 1,578 sqft | AED 3.8MAED 3,800,000 · Jan 2024January 2024 | 220,000 /yr | |
| 407 | 1-bed | 785 sqft | AED 1.24MAED 1,243,000 · Aug 2019August 2019 | 155,000 /yr | |
| 409 | 2-bed | 1,360 sqft | AED 2.11MAED 2,108,000 · Nov 2019November 2019 | 290,000 /yr | |
| 410 | 3-bed | 1,845 sqft | AED 8.4MAED 8,400,000 · Nov 2024November 2024 | 240,000 /yr | |
| 411 | 2,735 sqft | AED 4.94MAED 4,941,000 · Jan 2020January 2020 | 575,001 /yr | ||
| 412 | 2-bed | 1,351 sqft | AED 2.41MAED 2,410,000 · Apr 2020April 2020 |
408, Lamtara 2 in numbers
- Sold once: by Jumeirah Hills Development on 13 January 2020 for AED 1,204,000, or AED 1,581 per sqft.
- Rented since September 2024 on 2 Ejari contracts, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2020 price is 11.2%, before a service charge of about AED 17,500 a year (AED 22.96 per sqft).
- One-beds in Lamtara 2 sold for AED 2,200,000–2,200,000 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 22 February 2025.
Questions about 408, Lamtara 2
What did unit 408 last sell for?
AED 1,204,000 on 13 January 2020, sold by the developer: AED 1,581 per sqft for 761 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 135,000 a year on the contract signed on 22 February 2025. The previous contract, from September 2024, was AED 135,000.
How big is unit 408?
761 sqft (70.7 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lamtara 2 sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 2,850 per sqft.
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Mortgage on 408, Lamtara 2
Starts from the last sale price (AED 1.2M, 13 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,204,000
- Deposit, UAE resident (20%)
- AED 240,800
- Deposit, non-resident (40%)
- AED 481,600
- Monthly over 25 years at 3.7%
- AED 4,926
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →