310, Lamtara 2
Sold prices and rental history: sold twice, last in November 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 310, Lamtara 2
What is 310 worth today?
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Source: Dubai Land Department. Updated 29 October 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,845 sqft
- Floor
- 3rd of 9
- Parking
- L1-26, L1-27
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 42,400 /yr
- Last sold
- AED 3.7M · November 2021
- Building
- Lamtara 2
About 310, Lamtara 2
310 is a three-bedroom apartment of 1,845 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 3 November 2021 for AED 3,700,000, or AED 2,005 per sqft, in line with the AED 2,067 three-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 29 October 2023, is AED 350,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 42,400 a year.
Sales and rents for 310 over time
310 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Lamtara 2, and where 310 sits
All 15 3-beds →310 last sold in November 2021 at AED 2,005 per sqft, in line with what three-beds in Lamtara 2 were fetching at the time (AED 2,067). 310's AED 350,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Nov 202421 November 2024 | 1,845 sqft | 8,400,000 | 4,553 | ||
| 4 Nov 20224 November 2022 | 1,877 sqft | 6,900,000 | 3,676 | ||
| 22 Sep 202222 September 2022 | 1,845 sqft | 5,160,712 | 2,797 | ||
| 13 Apr 202213 April 2022 | 1,844 sqft | 5,050,000 | 2,739 |
Lamtara 2
Building99 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%
Other units on the 3rd floor
All 99 units in Lamtara 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 770 sqft | AED 3MAED 3,000,000 · Jun 2023June 2023 | ||
| 302 | 3-bed | 1,875 sqft | AED 3.43MAED 3,427,000 · Nov 2019November 2019 | 400,000 /yr | |
| 303 | 2-bed | 1,359 sqft | AED 2.13MAED 2,129,000 · Sep 2019September 2019 | 196,245 /yr | |
| 304 | 2-bed | 1,378 sqft | AED 3.68MAED 3,680,000 · Apr 2026April 2026 | ||
| 305 | 1-bed | 763 sqft | AED 1.5MAED 1,500,000 · Mar 2022March 2022 | 115,000 /yr | |
| 306 | 2-bed | 1,578 sqft | AED 3.2MAED 3,200,000 · Oct 2021October 2021 | 194,250 /yr | |
| 307 | 1-bed | 785 sqft | AED 1.23MAED 1,231,000 · Jan 2019January 2019 | ||
| 308 | 1-bed | 772 sqft | AED 1.27MAED 1,270,000 · Aug 2021August 2021 | 124,613 /yr | |
| 309 | 2-bed | 1,360 sqft | AED 3.55MAED 3,550,000 · Oct 2022October 2022 | ||
| 311 | 4-bed | 2,735 sqft | AED 5.45MAED 5,450,000 · May 2021May 2021 | 550,000 /yr | |
| 312 | 2-bed | 1,351 sqft | AED 2.39MAED 2,390,000 · Dec 2018December 2018 | 199,500 /yr |
310, Lamtara 2 in numbers
- Sold twice: first on 21 October 2019 for AED 2,866,000, last on 3 November 2021 for AED 3,700,000 (AED 2,005 per sqft).
- Rented since October 2022 on 2 Ejari contracts, at AED 350,000 a year.
- At AED 350,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 42,400 a year (AED 22.96 per sqft).
Source: Dubai Land Department. Updated 29 October 2023.
Questions about 310, Lamtara 2
What did unit 310 last sell for?
AED 3,700,000 on 3 November 2021: AED 2,005 per sqft for 1,845 sqft. The unit has 2 registered sales; the first was AED 2,866,000 in October 2019.
What is the rent for unit 310?
AED 350,000 a year on the contract renewed on 29 October 2023. The previous contract, from October 2022, was AED 350,000.
How big is unit 310?
1,845 sqft (171.4 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.
What is unit 310 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 310, Lamtara 2
Starts from the last sale price (AED 3.7M, 3 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →