701, Lamtara 2
Sold prices and rental history: sold 3 times, last in January 2023, 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 701, Lamtara 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 10 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 770 sqft
- Floor
- 7th of 9
- Parking
- L1-43
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 17,700 /yr
- Last sold
- AED 2.4M · January 2023
- Building
- Lamtara 2
About 701, Lamtara 2
701 is a one-bedroom apartment of 770 sqft on the 7th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . It last sold on 10 January 2023 for AED 2,400,000, or AED 3,116 per sqft, 38% above the AED 2,264 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 36 1-beds →701 last sold in January 2023 at AED 3,116 per sqft, 38% above what one-beds in Lamtara 2 were fetching at the time (AED 2,264). 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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 762 sqft | 1,900,000 | 2,492 | ||
| 11 May 202611 May 2026 | 1,002 sqft | 2,000,000 | 1,996 | ||
| 22 Dec 202522 December 2025 | 772 sqft | 2,200,000 | 2,850 | ||
| 3 Oct 20253 October 2025 | 810 sqft | 2,490,000 | 3,075 |
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 7th floor
All 99 units in Lamtara 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,877 sqft | AED 3.49MAED 3,492,000 · Apr 2020April 2020 | 395,000 /yr | |
| 703 | 2-bed | 1,351 sqft | AED 2.74MAED 2,735,000 · Dec 2021December 2021 | 220,000 /yr | |
| 704 | 2-bed | 1,378 sqft | AED 2.4MAED 2,400,000 · Oct 2021October 2021 | ||
| 705 | 1-bed | 763 sqft | AED 1.75MAED 1,750,000 · Apr 2022April 2022 | 100,000 /yr | |
| 706 | 2-bed | 1,575 sqft | AED 2.49MAED 2,487,000 · Jan 2020January 2020 | ||
| 707 | 1-bed | 810 sqft | AED 2.5MAED 2,500,000 · Oct 2022October 2022 | ||
| 708 | 1-bed | 772 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | 145,000 /yr | |
| 709 | 2-bed | 1,360 sqft | AED 2.14MAED 2,138,000 · Nov 2019November 2019 | 205,000 /yr | |
| 710 | 3-bed | 1,838 sqft | AED 3.8MAED 3,800,000 · Apr 2021April 2021 | ||
| 711 | 4-bed | 2,735 sqft | AED 15.5MAED 15,500,000 · Oct 2022October 2022 | ||
| 712 | 2-bed | 1,351 sqft | AED 3.8MAED 3,800,000 · Jun 2023June 2023 | 175,000 /yr |
701, Lamtara 2 in numbers
- Sold 3 times: first on 30 September 2019 for AED 1,381,000, last on 10 January 2023 for AED 2,400,000 (AED 3,116 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 10 January 2023.
Questions about 701, Lamtara 2
What did unit 701 last sell for?
AED 2,400,000 on 10 January 2023: AED 3,116 per sqft for 770 sqft. The unit has 3 registered sales; the first was AED 1,381,000 in September 2019.
How big is unit 701?
770 sqft (71.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
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Mortgage on 701, Lamtara 2
Starts from the last sale price (AED 2.4M, 10 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →