2-bed · 1,378 sqftLamtara 2, Umm Suqeim Third · 4th floor · completed 2021

404, Lamtara 2

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

Unit 404 · DLD and Ejari recordsUpdated 24 January 2023
Last soldAED 1.82M24 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Lamtara 2

What is 404 worth today?

Last sold for AED 1,820,000 in 2023

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24 Jan 2023SoldReady
AED 1,820,000AED 1,320 per sqft
6 Sep 2021Sold by developerOff-plan
AED 2,166,000AED 1,572 per sqft

Source: Dubai Land Department. Updated 24 January 2023.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
4th of 9
Parking
L1-87
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,600 /yr
Last sold
AED 1.82M · January 2023
Building
Lamtara 2

About 404, Lamtara 2

404 is a two-bedroom apartment of 1,378 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 24 January 2023 for AED 1,820,000, or AED 1,320 per sqft, 29% below the AED 1,850 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Lamtara 2
2M4M20192021202320252027Typical 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, September 2021: AED 2,166,000 (AED 1,572 per sqft)Sold, January 2023: AED 1,820,000 (AED 1,320 per sqft)

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

Rents
Unit 404, 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 404 sits

All 41 2-beds →

404 last sold in January 2023 at AED 1,320 per sqft, 29% below what two-beds in Lamtara 2 were fetching at the time (AED 1,850). 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 4th floor

All 99 units in Lamtara 2
Value
4011-bedAED 1.36M · Jan 2020
4023-bedAED 6.9M · Nov 2022
4032-bedAED 4.18M · Apr 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

404, Lamtara 2 in numbers

  • Sold twice: first on 6 September 2021 for AED 2,166,000, last on 24 January 2023 for AED 1,820,000 (AED 1,320 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 January 2023.

Questions about 404, Lamtara 2

What did unit 404 last sell for?

AED 1,820,000 on 24 January 2023: AED 1,320 per sqft for 1,378 sqft. The unit has 2 registered sales; the first was AED 2,166,000 in September 2021.

How big is unit 404?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 404 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 404, Lamtara 2

Starts from the last sale price (AED 1.82M, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

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