311, Lamtara 2
Sold prices and rental history: sold twice, last in May 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 311, Lamtara 2
What is 311 worth today?
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Source: Dubai Land Department. Updated 16 December 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,735 sqft
- Floor
- 3rd of 9
- Parking
- G-55, G-56
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 62,800 /yr
- Last sold
- AED 5.45M · May 2021
- Building
- Lamtara 2
About 311, Lamtara 2
311 is a four-bedroom apartment of 2,735 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 27 May 2021 for AED 5,450,000, or AED 1,992 per sqft.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 16 December 2024, is AED 550,000 a year: a gross yield of 10.1% on the 2021 price, before the service charge of about AED 62,800 a year.
Sales and rents for 311 over time
311 has sold twice; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Lamtara 2, and where 311 sits
All 7 4-beds →311's AED 550,000 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Nov 202221 November 2022 | 2,735 sqft | 7,000,000 | 2,559 | ||
| 24 Oct 202224 October 2022 | 2,735 sqft | 15,500,000 | 5,668 | ||
| 14 Apr 202214 April 2022 | 2,735 sqft | 9,800,000 | 3,583 | ||
| 1 Sep 20211 September 2021 | 2,735 sqft | 4,959,000 | 1,813 |
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 | ||
| 310 | 3-bed | 1,845 sqft | AED 3.7MAED 3,700,000 · Nov 2021November 2021 | 350,000 /yr | |
| 312 | 2-bed | 1,351 sqft | AED 2.39MAED 2,390,000 · Dec 2018December 2018 | 199,500 /yr |
311, Lamtara 2 in numbers
- Sold twice: first on 5 May 2019 for AED 4,905,000, last on 27 May 2021 for AED 5,450,000 (AED 1,992 per sqft).
- Rented since April 2022 on 3 Ejari contracts, from AED 480,000 to AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2021 price is 10.1%, before a service charge of about AED 62,800 a year (AED 22.96 per sqft).
Source: Dubai Land Department. Updated 16 December 2024.
Questions about 311, Lamtara 2
What did unit 311 last sell for?
AED 5,450,000 on 27 May 2021: AED 1,992 per sqft for 2,735 sqft. The unit has 2 registered sales; the first was AED 4,905,000 in May 2019.
What is the rent for unit 311?
AED 550,000 a year on the contract signed on 16 December 2024. The previous contract, from April 2023, was AED 480,000; the unit has been rented since April 2022.
How big is unit 311?
2,735 sqft (254.1 sqm): a four-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.
What is unit 311 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 311, Lamtara 2
Starts from the last sale price (AED 5.45M, 27 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 5,450,000
- Deposit, UAE resident (20%)
- AED 1,090,000
- Deposit, non-resident (40%)
- AED 2,180,000
- Monthly over 25 years at 3.7%
- AED 22,298
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →