3-bed · 1,877 sqftLamtara 2, Umm Suqeim Third · 4th floor · completed 2021

402, Lamtara 2

Sold prices and rental history: sold 3 times, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 4 November 2022
Last soldAED 6.9M4 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Lamtara 2

What is 402 worth today?

Last sold for AED 6,900,000 in 2022

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4 Nov 2022SoldReady
AED 6,900,000AED 3,676 per sqft
5 May 2021SoldOff-plan
AED 4,600,000AED 2,450 per sqft
16 Apr 2020Sold by developerOff-plan
AED 3,453,000AED 1,839 per sqft

Source: Dubai Land Department. Updated 4 November 2022.

Key facts

Type
3-bed apartment
Size
1,877 sqft
Floor
4th of 9
Parking
G-22, G-23
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 43,100 /yr
Last sold
AED 6.9M · November 2022
Building
Lamtara 2

About 402, Lamtara 2

402 is a three-bedroom apartment of 1,877 sqft on the 4th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 4 November 2022 for AED 6,900,000, or AED 3,676 per sqft, 34% above the AED 2,739 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Lamtara 2
4M6M201920212023Typical sale price by year: 2019 AED 3,179,000; 2020 AED 3,492,000; 2021 AED 3,750,000; 2022 AED 5,105,356Sold by developer, April 2020: AED 3,453,000 (AED 1,839 per sqft)Sold, May 2021: AED 4,600,000 (AED 2,450 per sqft)Sold, November 2022: AED 6,900,000 (AED 3,676 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Lamtara 2
250K300K350K2021202320252027Typical rent by year: 2021 AED 250,000; 2022 AED 280,000; 2023 AED 350,000; 2024 AED 350,000; 2025 AED 340,000; 2026 AED 325,000

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 402 sits

All 15 3-beds →

402 last sold in November 2022 at AED 3,676 per sqft, 34% above what three-beds in Lamtara 2 were fetching at the time (AED 2,739).

Recent 3-bed salesUnit no.Price (AED)Summary
21 Nov 20248,400,000
22 Sep 20225,160,712
13 Apr 20225,050,000
10 Mar 20224,700,000
0 3-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 4th floor

All 99 units in Lamtara 2
Value
4011-bedAED 1.36M · Jan 2020
4032-bedAED 4.18M · Apr 2023
4042-bedAED 1.82M · Jan 2023
4051-bedAED 1.9M · Aug 2026
4062-bedAED 3.8M · Jan 2024
4071-bedAED 1.24M · Aug 2019
4081-bedAED 1.2M · Jan 2020
1–7 of 11

402, Lamtara 2 in numbers

  • Sold 3 times: first on 16 April 2020 for AED 3,453,000, last on 4 November 2022 for AED 6,900,000 (AED 3,676 per sqft).

Source: Dubai Land Department. Updated 4 November 2022.

Questions about 402, Lamtara 2

What did unit 402 last sell for?

AED 6,900,000 on 4 November 2022: AED 3,676 per sqft for 1,877 sqft. The unit has 3 registered sales; the first was AED 3,453,000 in April 2020.

How big is unit 402?

1,877 sqft (174.4 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 402 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 402, Lamtara 2

Starts from the last sale price (AED 6.9M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,900,000
Deposit, UAE resident (20%)
AED 1,380,000
Deposit, non-resident (40%)
AED 2,760,000
Monthly over 25 years at 3.7%
AED 28,230

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