708, Lamtara 2
Sold prices and rental history: sold 3 times, last in December 2023, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Lamtara 2
What is 708 worth today?
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Source: Dubai Land Department. Updated 22 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 772 sqft
- Floor
- 7th of 9
- Parking
- L1-16
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 17,700 /yr
- Last sold
- AED 2.5M · December 2023
- Building
- Lamtara 2
About 708, Lamtara 2
708 is a one-bedroom apartment of 772 sqft on the 7th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development. It last sold on 22 December 2023 for AED 2,500,000, or AED 3,238 per sqft, in line with the AED 3,145 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 March 2023. The current contract, signed on 10 March 2023, is AED 145,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 17,700 a year.
Sales and rents for 708 over time
708 has sold 3 times; 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 708 sits
All 34 1-beds →708 last sold in December 2023 at AED 3,238 per sqft, in line with what one-beds in Lamtara 2 were fetching at the time (AED 3,145). 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. 708's AED 145,000 is in the upper 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 7th floor
All 99 units in Lamtara 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 770 sqft | AED 2.4MAED 2,400,000 · Jan 2023January 2023 | ||
| 702 | 3-bed | 1,877 sqft | AED 3.49MAED 3,492,000 · Apr 2020April 2020 | 395,000 /yr | |
| 703 | 2-bed | 1,351 sqft | AED 2.74MAED 2,735,000 · Dec 2021December 2021 | 220,000 /yr | |
| 704 | 2-bed | 1,378 sqft | AED 2.4MAED 2,400,000 · Oct 2021October 2021 | ||
| 705 | 1-bed | 763 sqft | AED 1.75MAED 1,750,000 · Apr 2022April 2022 | 150,000 /yr | |
| 706 | 2-bed | 1,575 sqft | AED 2.49MAED 2,487,000 · Jan 2020January 2020 | ||
| 707 | 1-bed | 810 sqft | AED 2.5MAED 2,500,000 · Oct 2022October 2022 | ||
| 709 | 2-bed | 1,360 sqft | AED 2.14MAED 2,138,000 · Nov 2019November 2019 | 205,000 /yr | |
| 710 | 3-bed | 1,838 sqft | AED 3.8MAED 3,800,000 · Apr 2021April 2021 | ||
| 711 | 4-bed | 2,735 sqft | AED 15.5MAED 15,500,000 · Oct 2022October 2022 | ||
| 712 | 2-bed | 1,351 sqft | AED 3.8MAED 3,800,000 · Jun 2023June 2023 | 220,000 /yr |
708, Lamtara 2 in numbers
- Sold 3 times: first on 13 January 2020 for AED 1,222,000, last on 22 December 2023 for AED 2,500,000 (AED 3,238 per sqft).
- Rented since March 2023 on one Ejari contract, at AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 17,700 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 December 2023.
Questions about 708, Lamtara 2
What did unit 708 last sell for?
AED 2,500,000 on 22 December 2023: AED 3,238 per sqft for 772 sqft. The unit has 3 registered sales; the first was AED 1,222,000 in January 2020.
What is the rent for unit 708?
AED 145,000 a year on the contract signed on 10 March 2023.
How big is unit 708?
772 sqft (71.7 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.
What is unit 708 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 708, Lamtara 2
Starts from the last sale price (AED 2.5M, 22 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →