506, Lamtara 2
Sold prices and rental history: sold 4 times, last in May 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Lamtara 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 5 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 789 sqft
- Floor
- 5th of 9
- Parking
- G-70
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 18,100 /yr
- Last sold
- AED 1.5M · May 2026
- Building
- Lamtara 2
About 506, Lamtara 2
506 is a two-bedroom apartment of 789 sqft on the 5th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 5 May 2026 for AED 1,500,000, or AED 1,900 per sqft, 36% below the AED 2,983 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 2 April 2024, is AED 360,000 a year: a gross yield of 24.0% on the 2026 price, before the service charge of about AED 18,100 a year.
Sales and rents for 506 over time
506 has sold 4 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 506 sits
All 41 2-beds →506 last sold in May 2026 at AED 1,900 per sqft, 36% below what two-beds in Lamtara 2 were fetching at the time (AED 2,983). 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. 506's AED 360,000 is at the top 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 | ||
| 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 | ||
| 10 Dec 202510 December 2025 | 1,359 sqft | 4,150,000 | 3,052 |
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 5th floor
All 99 units in Lamtara 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 770 sqft | AED 1.37MAED 1,369,000 · Nov 2019November 2019 | 130,000 /yr | |
| 502 | 3-bed | 1,877 sqft | AED 3.47MAED 3,466,000 · Aug 2019August 2019 | ||
| 503 | 2-bed | 1,359 sqft | AED 4.15MAED 4,150,000 · Dec 2025December 2025 | ||
| 504 | 2-bed | 1,351 sqft | AED 2.16MAED 2,157,000 · Apr 2019April 2019 | ||
| 505 | 1-bed | 762 sqft | AED 1.23MAED 1,234,000 · Aug 2019August 2019 | 118,800 /yr | |
| 507 | 1-bed | 810 sqft | AED 2.49MAED 2,490,000 · Oct 2025October 2025 | ||
| 508 | 1-bed | 772 sqft | AED 1.73MAED 1,725,000 · Jan 2022January 2022 | ||
| 509 | 2-bed | 1,360 sqft | AED 4.35MAED 4,350,000 · Feb 2026February 2026 | 220,000 /yr | |
| 510 | 3-bed | 1,845 sqft | AED 2.91MAED 2,905,000 · Apr 2020April 2020 | 350,000 /yr | |
| 511 | 4-bed | 2,735 sqft | AED 7MAED 7,000,000 · Nov 2022November 2022 | ||
| 512 | 2-bed | 1,351 sqft | AED 4.27MAED 4,270,000 · Apr 2025April 2025 |
506, Lamtara 2 in numbers
- Sold 4 times: first on 25 November 2019 for AED 2,467,000, last on 5 May 2026 for AED 1,500,000 (AED 1,900 per sqft).
- Rented since January 2022 on 4 Ejari contracts, from AED 146,704 to AED 360,000 a year.
- At AED 360,000 a year the gross yield on the 2026 price is 24.0%, before a service charge of about AED 18,100 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 5 May 2026.
Questions about 506, Lamtara 2
What did unit 506 last sell for?
AED 1,500,000 on 5 May 2026: AED 1,900 per sqft for 789 sqft. The unit has 4 registered sales; the first was AED 2,467,000 in November 2019.
What is the rent for unit 506?
AED 360,000 a year on the contract signed on 2 April 2024. The previous contract, from January 2024, was AED 144,794; the unit has been rented since January 2022.
How big is unit 506?
789 sqft (73.3 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 506 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 506, Lamtara 2
Starts from the last sale price (AED 1.5M, 5 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →