409, Lamtara 2
Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Lamtara 2
What is 409 worth today?
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Source: Dubai Land Department. Updated 22 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,360 sqft
- Floor
- 4th of 9
- Parking
- L1-96
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.11M · November 2019
- Building
- Lamtara 2
About 409, Lamtara 2
409 is a two-bedroom apartment of 1,360 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 26 November 2019 for AED 2,108,000, or AED 1,549 per sqft, in line with the AED 1,566 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 22 September 2023, is AED 290,000 a year: a gross yield of 13.8% on the 2019 price, before the service charge of about AED 31,200 a year.
Sales and rents for 409 over time
409 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 2, and where 409 sits
All 39 2-beds →409 last sold in November 2019 at AED 1,549 per sqft, in line with what two-beds in Lamtara 2 were fetching at the time (AED 1,566). 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. 409's AED 290,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Dec 202510 December 2025 | 1,359 sqft | 4,150,000 | 3,052 | ||
| 11 Jun 202511 June 2025 | 1,845 sqft | 7,200,000 | 3,902 | ||
| 2 Apr 20252 April 2025 | 1,351 sqft | 4,270,000 | 3,161 | ||
| 7 Mar 20257 March 2025 | 1,351 sqft | 4,100,000 | 3,035 |
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 | |
| 408 | 1-bed | 761 sqft | AED 1.2MAED 1,204,000 · Jan 2020January 2020 | 135,000 /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 |
409, Lamtara 2 in numbers
- Sold once: by Jumeirah Hills Development on 26 November 2019 for AED 2,108,000, or AED 1,549 per sqft.
- Rented since February 2022 on 2 Ejari contracts, from AED 245,000 to AED 290,000 a year.
- At AED 290,000 a year the gross yield on the 2019 price is 13.8%, before a service charge of about AED 31,200 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 22 September 2023.
Questions about 409, Lamtara 2
What did unit 409 last sell for?
AED 2,108,000 on 26 November 2019, sold by the developer: AED 1,549 per sqft for 1,360 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 290,000 a year on the contract signed on 22 September 2023. The previous contract, from February 2022, was AED 245,000.
How big is unit 409?
1,360 sqft (126.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.
What is unit 409 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 409, Lamtara 2
Starts from the last sale price (AED 2.11M, 26 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,108,000
- Deposit, UAE resident (20%)
- AED 421,600
- Deposit, non-resident (40%)
- AED 843,200
- Monthly over 25 years at 3.7%
- AED 8,624
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →