505, Lamtara 2
Sold prices and rental history: sold once, by the developer in August 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Lamtara 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 18 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 5th of 9
- Parking
- L1-55
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.23M · August 2019
- Building
- Lamtara 2
About 505, Lamtara 2
505 is a one-bedroom apartment of 762 sqft on the 5th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 4 August 2019 for AED 1,234,000, or AED 1,618 per sqft, in line with the AED 1,598 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 18 March 2025, is AED 108,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 17,500 a year.
Sales and rents for 505 over time
505 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 505 sits
All 34 1-beds →505 last sold in August 2019 at AED 1,618 per sqft, in line with what one-beds in Lamtara 2 were fetching at the time (AED 1,598). 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. 505's AED 108,000 is at the bottom 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 5th floor
All 99 units in Lamtara 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 770 sqft | AED 1.37MAED 1,369,000 · Nov 2019November 2019 | 145,000 /yr | |
| 502 | 3-bed | 1,877 sqft | AED 3.47MAED 3,466,000 · Aug 2019August 2019 | ||
| 503 | 2-bed | 1,359 sqft | AED 4.15MAED 4,150,000 · Dec 2025December 2025 | ||
| 504 | 2-bed | 1,351 sqft | AED 2.16MAED 2,157,000 · Apr 2019April 2019 | ||
| 506 | 1,578 sqft | AED 4.6MAED 4,600,000 · Oct 2025October 2025 | 360,000 /yr | ||
| 507 | 810 sqft | AED 2.49MAED 2,490,000 · Oct 2025October 2025 | |||
| 508 | 1-bed | 772 sqft | AED 1.73MAED 1,725,000 · Jan 2022January 2022 | ||
| 509 | 2-bed | 1,360 sqft | AED 2.12MAED 2,118,000 · Nov 2019November 2019 | 220,000 /yr | |
| 510 | 3-bed | 1,845 sqft | AED 2.91MAED 2,905,000 · Apr 2020April 2020 | 350,000 /yr | |
| 511 | 4-bed | 2,735 sqft | AED 7MAED 7,000,000 · Nov 2022November 2022 | ||
| 512 | 2-bed | 1,351 sqft | AED 4.27MAED 4,270,000 · Apr 2025April 2025 |
505, Lamtara 2 in numbers
- Sold once: by Jumeirah Hills Development on 4 August 2019 for AED 1,234,000, or AED 1,618 per sqft.
- Rented since March 2022 on 4 Ejari contracts, from AED 90,000 to AED 108,000 a year.
- At AED 108,000 a year the gross yield on the 2019 price is 8.8%, 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 18 March 2025.
Questions about 505, Lamtara 2
What did unit 505 last sell for?
AED 1,234,000 on 4 August 2019, sold by the developer: AED 1,618 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 108,000 a year on the contract renewed on 18 March 2025. The previous contract, from March 2024, was AED 108,000; the unit has been rented since March 2022.
How big is unit 505?
762 sqft (70.8 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 505 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 505, Lamtara 2
Starts from the last sale price (AED 1.23M, 4 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,234,000
- Deposit, UAE resident (20%)
- AED 246,800
- Deposit, non-resident (40%)
- AED 493,600
- Monthly over 25 years at 3.7%
- AED 5,049
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →