3-bed · 1,877 sqftLamtara 2, Umm Suqeim Third · 7th floor · completed 2021

702, Lamtara 2

Sold prices and rental history: sold once, by the developer in April 2020, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 3.49M7 April 2020
Current rentAED 395K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Lamtara 2

What is 702 worth today?

Last sold for AED 3,492,000 in 2020

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7 Feb 2026RentedNew contract
AED 395,000/yr12 months · AED 211 per sqft
7 Feb 2025RentedRenewal
AED 395,000/yr12 months · AED 211 per sqft
7 Feb 2025RentedRenewal
AED 395,000/yr12 months · AED 211 per sqft
7 Feb 2024RentedRenewal
AED 395,000/yr12 months · AED 211 per sqft
7 Feb 2023RentedNew contract
AED 395,000/yr12 months · AED 211 per sqft
7 Apr 2020Sold by developerOff-plan
AED 3,492,000AED 1,860 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
3-bed apartment
Size
1,877 sqft
Floor
7th of 9
Parking
G-28, G-29
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 43,100 /yr
Last sold
AED 3.49M · April 2020
Building
Lamtara 2

About 702, Lamtara 2

702 is a three-bedroom apartment of 1,877 sqft on the 7th floor of Lamtara 2, a 9-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 7 April 2020 for AED 3,492,000, or AED 1,860 per sqft, in line with the AED 1,827 three-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 7 February 2026, is AED 395,000 a year: a gross yield of 11.3% on the 2020 price, before the service charge of about AED 43,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Lamtara 2
3M4M5M20192020202120222023Typical sale price by year: 2019 AED 3,179,000; 2020 AED 3,492,000; 2021 AED 3,750,000; 2022 AED 5,105,356Sold by developer, April 2020: AED 3,492,000 (AED 1,860 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Lamtara 2
300K400K2021202320252027Typical rent by year: 2021 AED 250,000; 2022 AED 280,000; 2023 AED 350,000; 2024 AED 350,000; 2025 AED 340,000; 2026 AED 325,000New contract, February 2023: AED 395,000 a yearRenewal, February 2024: AED 395,000 a yearRenewal, February 2025: AED 395,000 a yearRenewal, February 2025: AED 395,000 a yearNew contract, February 2026: AED 395,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Lamtara 2, and where 702 sits

All 15 3-beds →

702 last sold in April 2020 at AED 1,860 per sqft, in line with what three-beds in Lamtara 2 were fetching at the time (AED 1,827). 702's AED 395,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Nov 20248,400,000
4 Nov 20226,900,000
22 Sep 20225,160,712
13 Apr 20225,050,000
0 3-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 7th floor

All 99 units in Lamtara 2
Value
7011-bedAED 2.4M · Jan 2023
7032-bedAED 2.74M · Dec 2021
7042-bedAED 2.4M · Oct 2021
7051-bedAED 1.75M · Apr 2022
7062-bedAED 2.49M · Jan 2020
7071-bedAED 2.5M · Oct 2022
7081-bedAED 2.5M · Dec 2023
1–7 of 11

702, Lamtara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 7 April 2020 for AED 3,492,000, or AED 1,860 per sqft.
  • Rented since February 2023 on 5 Ejari contracts, at AED 395,000 a year.
  • At AED 395,000 a year the gross yield on the 2020 price is 11.3%, before a service charge of about AED 43,100 a year (AED 22.96 per sqft).

Source: Dubai Land Department. Updated 7 February 2026.

Questions about 702, Lamtara 2

What did unit 702 last sell for?

AED 3,492,000 on 7 April 2020, sold by the developer: AED 1,860 per sqft for 1,877 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 395,000 a year on the contract signed on 7 February 2026. The previous contract, from February 2025, was AED 395,000; the unit has been rented since February 2023.

How big is unit 702?

1,877 sqft (174.4 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 702 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 702, Lamtara 2

Starts from the last sale price (AED 3.49M, 7 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,492,000
Deposit, UAE resident (20%)
AED 698,400
Deposit, non-resident (40%)
AED 1,396,800
Monthly over 25 years at 3.7%
AED 14,287

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