511, Lamtara 2
Sold prices and rental history: sold 3 times, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Lamtara 2
What is 511 worth today?
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Source: Dubai Land Department. Updated 21 November 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 2,735 sqft
- Floor
- 5th of 9
- Parking
- G-59, G-60
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 62,800 /yr
- Last sold
- AED 7M · November 2022
- Building
- Lamtara 2
About 511, Lamtara 2
511 is a four-bedroom apartment of 2,735 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 21 November 2022 for AED 7,000,000, or AED 2,559 per sqft, 29% below the AED 3,583 four-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 511 over time
511 has sold 3 times; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Lamtara 2, and where 511 sits
All 7 4-beds →511 last sold in November 2022 at AED 2,559 per sqft, 29% below what four-beds in Lamtara 2 were fetching at the time (AED 3,583).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202224 October 2022 | 2,735 sqft | 15,500,000 | 5,668 | ||
| 27 May 202127 May 2021 | 2,735 sqft | 5,450,000 | 1,992 | ||
| 21 Jan 202121 January 2021 | 3,598 sqft | 5,376,800 | 1,494 | ||
| 26 Jan 202026 January 2020 | 2,690 sqft | 4,977,000 | 1,850 |
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 | |
| 506 | 2-bed | 789 sqft | AED 1.5MAED 1,500,000 · May 2026May 2026 | 360,000 /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 | |
| 512 | 2-bed | 1,351 sqft | AED 4.27MAED 4,270,000 · Apr 2025April 2025 |
511, Lamtara 2 in numbers
- Sold 3 times: first on 1 September 2021 for AED 4,959,000, last on 21 November 2022 for AED 7,000,000 (AED 2,559 per sqft).
Source: Dubai Land Department. Updated 21 November 2022.
Questions about 511, Lamtara 2
What did unit 511 last sell for?
AED 7,000,000 on 21 November 2022: AED 2,559 per sqft for 2,735 sqft. The unit has 3 registered sales; the first was AED 4,959,000 in September 2021.
How big is unit 511?
2,735 sqft (254.1 sqm): a four-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 511, Lamtara 2
Starts from the last sale price (AED 7M, 21 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 7,000,000
- Deposit, UAE resident (20%)
- AED 1,400,000
- Deposit, non-resident (40%)
- AED 2,800,000
- Monthly over 25 years at 3.7%
- AED 28,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →