1-bed · 770 sqftLamtara 2, Umm Suqeim Third · 3rd floor · completed 2021

301, Lamtara 2

Sold prices and rental history: sold 3 times, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 3M22 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Lamtara 2

What is 301 worth today?

Last sold for AED 3,000,000 in 2023

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22 Jun 2023SoldReady
AED 3,000,000AED 3,895 per sqft
3 Aug 2022SoldReady
AED 2,150,000AED 2,791 per sqft
13 Jan 2020Sold by developerOff-plan
AED 1,351,000AED 1,754 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
3rd of 9
Parking
L1-47
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,700 /yr
Last sold
AED 3M · June 2023
Building
Lamtara 2

About 301, Lamtara 2

301 is a one-bedroom apartment of 770 sqft on the 3rd floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 22 June 2023 for AED 3,000,000, or AED 3,895 per sqft, 37% above the AED 2,840 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Lamtara 2
1M2M3M2019202120232025Typical sale price by year: 2019 AED 1,237,000; 2020 AED 1,252,000; 2021 AED 1,400,000; 2022 AED 1,800,000; 2023 AED 2,475,000; 2024 AED 2,600,000; 2025 AED 2,345,000Sold by developer, January 2020: AED 1,351,000 (AED 1,754 per sqft)Sold, August 2022: AED 2,150,000 (AED 2,791 per sqft)Sold, June 2023: AED 3,000,000 (AED 3,895 per sqft)

301 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 301, each contractTypical one-bed in Lamtara 2
120K130K140K2021202320252027Typical rent by year: 2021 AED 130,000; 2022 AED 120,000; 2023 AED 138,000; 2024 AED 139,000; 2025 AED 140,000; 2026 AED 130,138

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 301 sits

All 36 1-beds →

301 last sold in June 2023 at AED 3,895 per sqft, 37% above what one-beds in Lamtara 2 were fetching at the time (AED 2,840). Over the last 12 months one-beds sold for AED 1,900,000 to 2,200,000, around AED 2,492 per sqft, and rent for AED 100,000 to 240,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,900,000
11 May 20262,000,000
22 Dec 20252,200,000
3 Oct 20252,490,000
3 1-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 3rd floor

All 99 units in Lamtara 2
Value
3023-bedAED 3.43M · Nov 2019
3032-bedAED 2.13M · Sep 2019
3042-bedAED 3.68M · Apr 2026
3051-bedAED 1.5M · Mar 2022
3062-bedAED 3.2M · Oct 2021
3071-bedAED 1.23M · Jan 2019
3081-bedAED 1.27M · Aug 2021
1–7 of 11

301, Lamtara 2 in numbers

  • Sold 3 times: first on 13 January 2020 for AED 1,351,000, last on 22 June 2023 for AED 3,000,000 (AED 3,895 per sqft).
  • One-beds in Lamtara 2 sold for AED 1,900,000–2,200,000 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 22 June 2023.

Questions about 301, Lamtara 2

What did unit 301 last sell for?

AED 3,000,000 on 22 June 2023: AED 3,895 per sqft for 770 sqft. The unit has 3 registered sales; the first was AED 1,351,000 in January 2020.

How big is unit 301?

770 sqft (71.5 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.

What is unit 301 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 1,900,000 to 2,200,000 in the last 12 months, around AED 2,492 per sqft.

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Mortgage on 301, Lamtara 2

Starts from the last sale price (AED 3M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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