2-bed · 1,360 sqftLamtara 2, Umm Suqeim Third · 1st floor · completed 2021

107, Lamtara 2

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 3.65M9 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Lamtara 2

What is 107 worth today?

Last sold for AED 3,650,000 in 2023

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9 May 2023SoldReady
AED 3,650,000AED 2,683 per sqft
22 Mar 2022Sold by developerReady
AED 2,211,000AED 1,625 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
2-bed apartment
Size
1,360 sqft
Floor
1st of 9
Parking
L1-99
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,200 /yr
Last sold
AED 3.65M · May 2023
Building
Lamtara 2

About 107, Lamtara 2

107 is a two-bedroom apartment of 1,360 sqft on the 1st floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 9 May 2023 for AED 3,650,000, or AED 2,683 per sqft, 41% above the AED 1,900 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Lamtara 2
2M3M4M20192021202320252027Typical sale price by year: 2019 AED 2,168,000; 2020 AED 2,421,000; 2021 AED 2,253,000; 2022 AED 2,750,000; 2023 AED 3,800,000; 2024 AED 3,800,000; 2025 AED 4,270,000; 2026 AED 3,340,000Sold by developer, March 2022: AED 2,211,000 (AED 1,625 per sqft)Sold, May 2023: AED 3,650,000 (AED 2,683 per sqft)

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

Rents
Unit 107, each contractTypical two-bed in Lamtara 2
200K2021202320252027Typical rent by year: 2021 AED 183,333; 2022 AED 174,000; 2023 AED 180,000; 2024 AED 210,000; 2025 AED 230,000; 2026 AED 210,000

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 107 sits

All 41 2-beds →

107 last sold in May 2023 at AED 2,683 per sqft, 41% above what two-beds in Lamtara 2 were fetching at the time (AED 1,900). Over the last 12 months two-beds sold for AED 1,500,000 to 4,350,000, around AED 2,670 per sqft, and rent for AED 30,081 to 325,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 20263,000,000
5 May 20261,500,000
6 Apr 20263,680,000
26 Feb 20264,350,000
5 2-bed sales 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 . 8 sold in the last 12 months.

Typical price per sqft
AED 2,581
Typical sale
AED 2.6M
Typical rent
AED 208K /yr
Typical yield
6.2%
Lamtara 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 1st floor

All 99 units in Lamtara 2
Value
1012-bedAED 4.58M · Dec 2024
1022-bedAED 2.13M · Jul 2019
1031-bedAED 2M · May 2026
1042-bedAED 2.45M · Aug 2021
1051-bedAED 1.32M · Oct 2021
1061-bedAED 2.45M · Feb 2023
1083-bedAED 5.05M · Apr 2022
1–7 of 8

107, Lamtara 2 in numbers

  • Sold twice: first on 22 March 2022 for AED 2,211,000, last on 9 May 2023 for AED 3,650,000 (AED 2,683 per sqft).
  • Two-beds in Lamtara 2 sold for AED 1,500,000–4,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,581 per sqft.

Source: Dubai Land Department. Updated 9 May 2023.

Questions about 107, Lamtara 2

What did unit 107 last sell for?

AED 3,650,000 on 9 May 2023: AED 2,683 per sqft for 1,360 sqft. The unit has 2 registered sales; the first was AED 2,211,000 in March 2022.

How big is unit 107?

1,360 sqft (126.3 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2021.

What is unit 107 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 1,500,000 to 4,350,000 in the last 12 months, around AED 2,670 per sqft.

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Mortgage on 107, Lamtara 2

Starts from the last sale price (AED 3.65M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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