406, Lamtara 2
Sold prices and rental history: sold 3 times, last in January 2024, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Lamtara 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 29 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,578 sqft
- Floor
- 4th of 9
- Parking
- G-71
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 36,200 /yr
- Last sold
- AED 3.8M · January 2024
- Building
- Lamtara 2
About 406, Lamtara 2
406 is a two-bedroom apartment of 1,578 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 29 January 2024 for AED 3,800,000, or AED 2,407 per sqft, 12% below the AED 2,748 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 June 2023. The current contract, signed on 5 June 2023, is AED 220,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 36,200 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 406 sits
All 41 2-beds →406 last sold in January 2024 at AED 2,407 per sqft, 12% below what two-beds in Lamtara 2 were fetching at the time (AED 2,748). 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. 406's AED 220,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202611 June 2026 | 1,360 sqft | 3,000,000 | 2,205 | ||
| 5 May 20265 May 2026 | 789 sqft | 1,500,000 | 1,900 | ||
| 6 Apr 20266 April 2026 | 1,378 sqft | 3,680,000 | 2,670 | ||
| 26 Feb 202626 February 2026 | 1,360 sqft | 4,350,000 | 3,197 |
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 4th floor
All 99 units in Lamtara 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 770 sqft | AED 1.36MAED 1,363,000 · Jan 2020January 2020 | 110,000 /yr | |
| 402 | 3-bed | 1,877 sqft | AED 6.9MAED 6,900,000 · Nov 2022November 2022 | ||
| 403 | 2-bed | 1,359 sqft | AED 4.18MAED 4,182,000 · Apr 2023April 2023 | 200,539 /yr | |
| 404 | 2-bed | 1,378 sqft | AED 1.82MAED 1,820,000 · Jan 2023January 2023 | ||
| 405 | 1-bed | 762 sqft | AED 1.9MAED 1,900,000 · Aug 2026August 2026 | 120,000 /yr | |
| 407 | 1-bed | 785 sqft | AED 1.24MAED 1,243,000 · Aug 2019August 2019 | 100,000 /yr | |
| 408 | 1-bed | 761 sqft | AED 1.2MAED 1,204,000 · Jan 2020January 2020 | 135,000 /yr | |
| 409 | 2-bed | 1,360 sqft | AED 3MAED 3,000,000 · Jun 2026June 2026 | 290,000 /yr | |
| 410 | 3-bed | 1,845 sqft | AED 8.4MAED 8,400,000 · Nov 2024November 2024 | 240,000 /yr | |
| 411 | 4-bed | 2,735 sqft | AED 4.94MAED 4,941,000 · Jan 2020January 2020 | 575,001 /yr | |
| 412 | 2-bed | 1,351 sqft | AED 2.41MAED 2,410,000 · Apr 2020April 2020 |
406, Lamtara 2 in numbers
- Sold 3 times: first on 1 August 2019 for AED 2,457,000, last on 29 January 2024 for AED 3,800,000 (AED 2,407 per sqft).
- Rented since June 2023 on one Ejari contract, at AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 36,200 a year (AED 22.96 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 29 January 2024.
Questions about 406, Lamtara 2
What did unit 406 last sell for?
AED 3,800,000 on 29 January 2024: AED 2,407 per sqft for 1,578 sqft. The unit has 3 registered sales; the first was AED 2,457,000 in August 2019.
What is the rent for unit 406?
AED 220,000 a year on the contract signed on 5 June 2023.
How big is unit 406?
1,578 sqft (146.6 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.
What is unit 406 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 406, Lamtara 2
Starts from the last sale price (AED 3.8M, 29 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →