1-bed · 770 sqftLamtara 2, Umm Suqeim Third · 5th floor · completed 2021

501, Lamtara 2

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.37M26 November 2019
Current rentAED 130K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Lamtara 2

What is 501 worth today?

Last sold for AED 1,369,000 in 2019

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1 Oct 2026RentedNew contract
AED 130,000/yr12 months · AED 170 per sqft
16 Sep 2025RentedNew contract
AED 145,000/yr12 months · AED 187 per sqft
15 Sep 2024RentedNew contract
AED 140,000/yr12 months · AED 181 per sqft
16 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 155 per sqft
21 Oct 2022RentedNew contract
AED 135,000/yr12 months · AED 174 per sqft
25 Sep 2021RentedNew contract
AED 135,000/yr12 months · AED 174 per sqft
26 Nov 2019Sold by developerOff-plan
AED 1,369,000AED 1,777 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
5th of 9
Parking
L1-45
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 17,700 /yr
Last sold
AED 1.37M · November 2019
Building
Lamtara 2

About 501, Lamtara 2

501 is a one-bedroom apartment of 770 sqft on the 5th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 26 November 2019 for AED 1,369,000, or AED 1,777 per sqft, 11% above the AED 1,596 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 October 2026, is AED 130,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 17,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, November 2019: AED 1,369,000 (AED 1,777 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Lamtara 2
120K140K2021202320252027Typical 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, September 2021: AED 135,000 a yearNew contract, October 2022: AED 135,000 a yearNew contract, August 2023: AED 120,000 a yearNew contract, September 2024: AED 140,000 a yearNew contract, September 2025: AED 145,000 a yearNew contract, October 2026: AED 130,000 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 501 sits

All 36 1-beds →

501 last sold in November 2019 at AED 1,777 per sqft, 11% above what one-beds in Lamtara 2 were fetching at the time (AED 1,596). 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. 501's AED 130,000 is in the lower half 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 5th floor

All 99 units in Lamtara 2
Value
5023-bedAED 3.47M · Aug 2019
5032-bedAED 4.15M · Dec 2025
5042-bedAED 2.16M · Apr 2019
5051-bedAED 1.23M · Aug 2019
5062-bedAED 1.5M · May 2026
5071-bedAED 2.49M · Oct 2025
5081-bedAED 1.73M · Jan 2022
1–7 of 11

501, Lamtara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 26 November 2019 for AED 1,369,000, or AED 1,777 per sqft.
  • Rented since September 2021 on 6 Ejari contracts, from AED 135,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2019 price is 9.5%, before a service charge of about AED 17,700 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 October 2026.

Questions about 501, Lamtara 2

What did unit 501 last sell for?

AED 1,369,000 on 26 November 2019, sold by the developer: AED 1,777 per sqft for 770 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 130,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 145,000; the unit has been rented since September 2021.

How big is unit 501?

770 sqft (71.5 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 501 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 501, Lamtara 2

Starts from the last sale price (AED 1.37M, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,369,000
Deposit, UAE resident (20%)
AED 273,800
Deposit, non-resident (40%)
AED 547,600
Monthly over 25 years at 3.7%
AED 5,601

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