2-bed · 1,351 sqftLamtara 2, Umm Suqeim Third · 4th floor · completed 2021

412, Lamtara 2

Sold prices and rental history: sold once, by the developer in April 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 14 April 2020
Last soldAED 2.41M14 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Lamtara 2

What is 412 worth today?

Last sold for AED 2,410,000 in 2020

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14 Apr 2020Sold by developerOff-plan
AED 2,410,000AED 1,784 per sqft

Source: Dubai Land Department. Updated 14 April 2020.

Key facts

Type
2-bed apartment
Size
1,351 sqft
Floor
4th of 9
Parking
G-40
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,000 /yr
Last sold
AED 2.41M · April 2020
Building
Lamtara 2

About 412, Lamtara 2

412 is a two-bedroom apartment of 1,351 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 14 April 2020 for AED 2,410,000, or AED 1,784 per sqft, 14% above the AED 1,571 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical two-bed in Lamtara 2
2M3M4M20192021202320252027Typical 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, April 2020: AED 2,410,000 (AED 1,784 per sqft)

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

Rents
Unit 412, 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 412 sits

All 41 2-beds →

412 last sold in April 2020 at AED 1,784 per sqft, 14% above what two-beds in Lamtara 2 were fetching at the time (AED 1,571). 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
4042-bedAED 1.82M · Jan 2023
4051-bedAED 1.9M · Aug 2026
4062-bedAED 3.8M · Jan 2024
4071-bedAED 1.24M · Aug 2019
1–7 of 11

412, Lamtara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 14 April 2020 for AED 2,410,000, or AED 1,784 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 14 April 2020.

Questions about 412, Lamtara 2

What did unit 412 last sell for?

AED 2,410,000 on 14 April 2020, sold by the developer: AED 1,784 per sqft for 1,351 sqft. It is the only registered sale of the unit.

How big is unit 412?

1,351 sqft (125.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 412 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 412, Lamtara 2

Starts from the last sale price (AED 2.41M, 14 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,410,000
Deposit, UAE resident (20%)
AED 482,000
Deposit, non-resident (40%)
AED 964,000
Monthly over 25 years at 3.7%
AED 9,860

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