1-bed · 785 sqftLamtara 2, Umm Suqeim Third · 4th floor · completed 2021

407, Lamtara 2

Sold prices and rental history: sold once, by the developer in August 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.24M4 August 2019
Current rentAED 100K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Lamtara 2

What is 407 worth today?

Last sold for AED 1,243,000 in 2019

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1 Sep 2026RentedNew contract
AED 100,000/yr12 months · AED 124 per sqft
19 Feb 2026RentedNew contract
AED 155,000/yr3 months · AED 192 per sqft
19 Feb 2025RentedNew contract
AED 155,000/yr12 months · AED 192 per sqft
19 Feb 2025RentedNew contract
AED 155,000/yr12 months · AED 192 per sqft
16 Jan 2024RentedNew contract
AED 160,000/yr12 months · AED 198 per sqft
22 Jan 2023RentedNew contract
AED 170,000/yr12 months · AED 211 per sqft
4 Aug 2019Sold by developerOff-plan
AED 1,243,000AED 1,582 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
785 sqft
Floor
4th of 9
Parking
L1-53
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 18,000 /yr
Last sold
AED 1.24M · August 2019
Building
Lamtara 2

About 407, Lamtara 2

407 is a one-bedroom apartment of 785 sqft on the 4th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 4 August 2019 for AED 1,243,000, or AED 1,582 per sqft, in line with the AED 1,598 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, signed on 1 September 2026, is AED 100,000 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 18,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Lamtara 2
1M2M2019202120232025Typical sale price by year: 2019 AED 1,237,000; 2020 AED 1,252,000; 2021 AED 1,400,000; 2022 AED 1,800,000; 2023 AED 2,475,000; 2024 AED 2,600,000; 2025 AED 2,345,000Sold by developer, August 2019: AED 1,243,000 (AED 1,582 per sqft)

407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Lamtara 2
100K150K2021202320252027Typical rent by year: 2021 AED 130,000; 2022 AED 120,000; 2023 AED 138,000; 2024 AED 139,000; 2025 AED 140,000; 2026 AED 130,138New contract, January 2023: AED 170,000 a yearNew contract, January 2024: AED 160,000 a yearNew contract, February 2025: AED 155,000 a yearNew contract, February 2025: AED 155,000 a yearNew contract, February 2026: AED 155,000 a yearNew contract, September 2026: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lamtara 2, and where 407 sits

All 36 1-beds →

407 last sold in August 2019 at AED 1,582 per sqft, in line with what one-beds in Lamtara 2 were fetching at the time (AED 1,598). Over the last 12 months one-beds sold for AED 1,900,000 to 2,200,000, around AED 2,492 per sqft, and rent for AED 100,000 to 240,000 a year. 407's AED 100,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Aug 20261,900,000
11 May 20262,000,000
22 Dec 20252,200,000
3 Oct 20252,490,000
3 1-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
4042-bedAED 1.82M · Jan 2023
4051-bedAED 1.9M · Aug 2026
4062-bedAED 3.8M · Jan 2024
4081-bedAED 1.2M · Jan 2020
1–7 of 11

407, Lamtara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 4 August 2019 for AED 1,243,000, or AED 1,582 per sqft.
  • Rented since January 2023 on 6 Ejari contracts, from AED 170,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 8.1%, before a service charge of about AED 18,000 a year (AED 22.96 per sqft).
  • One-beds in Lamtara 2 sold for AED 1,900,000–2,200,000 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 1 September 2026.

Questions about 407, Lamtara 2

What did unit 407 last sell for?

AED 1,243,000 on 4 August 2019, sold by the developer: AED 1,582 per sqft for 785 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 100,000 a year on the contract signed on 1 September 2026. The previous contract, from February 2026, was AED 155,000; the unit has been rented since January 2023.

How big is unit 407?

785 sqft (72.9 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lamtara 2 sold for AED 1,900,000 to 2,200,000 in the last 12 months, around AED 2,492 per sqft.

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Mortgage on 407, Lamtara 2

Starts from the last sale price (AED 1.24M, 4 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,243,000
Deposit, UAE resident (20%)
AED 248,600
Deposit, non-resident (40%)
AED 497,200
Monthly over 25 years at 3.7%
AED 5,085

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