2-bed · 1,360 sqftLamtara 2, Umm Suqeim Third · 3rd floor · completed 2021

309, Lamtara 2

Sold prices and rental history: sold twice, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 3.55M24 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Lamtara 2

What is 309 worth today?

Last sold for AED 3,550,000 in 2022

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24 Oct 2022SoldReady
AED 3,550,000AED 2,609 per sqft
1 Aug 2019Sold by developerOff-plan
AED 2,088,000AED 1,535 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
2-bed apartment
Size
1,360 sqft
Floor
3rd of 9
Parking
L1-98
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,200 /yr
Last sold
AED 3.55M · October 2022
Building
Lamtara 2

About 309, Lamtara 2

309 is a two-bedroom apartment of 1,360 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 24 October 2022 for AED 3,550,000, or AED 2,609 per sqft, 37% above the AED 1,898 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 309 over time

Sales
Unit 309, 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, August 2019: AED 2,088,000 (AED 1,535 per sqft)Sold, October 2022: AED 3,550,000 (AED 2,609 per sqft)

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

Rents
Unit 309, 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 309 sits

All 41 2-beds →

309 last sold in October 2022 at AED 2,609 per sqft, 37% above what two-beds in Lamtara 2 were fetching at the time (AED 1,898). 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 3rd floor

All 99 units in Lamtara 2
Value
3011-bedAED 3M · Jun 2023
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
1–7 of 11

309, Lamtara 2 in numbers

  • Sold twice: first on 1 August 2019 for AED 2,088,000, last on 24 October 2022 for AED 3,550,000 (AED 2,609 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 24 October 2022.

Questions about 309, Lamtara 2

What did unit 309 last sell for?

AED 3,550,000 on 24 October 2022: AED 2,609 per sqft for 1,360 sqft. The unit has 2 registered sales; the first was AED 2,088,000 in August 2019.

How big is unit 309?

1,360 sqft (126.3 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.

What is unit 309 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 309, Lamtara 2

Starts from the last sale price (AED 3.55M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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