2-bed · 1,575 sqftLamtara 2, Umm Suqeim Third · 7th floor · completed 2021

706, Lamtara 2

Sold prices and rental history: sold once, by the developer in January 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 20 January 2020
Last soldAED 2.49M20 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Lamtara 2

What is 706 worth today?

Last sold for AED 2,487,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jan 2020Sold by developerOff-plan
AED 2,487,000AED 1,579 per sqft

Source: Dubai Land Department. Updated 20 January 2020.

Key facts

Type
2-bed apartment
Size
1,575 sqft
Floor
7th of 9
Parking
G-68
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 36,200 /yr
Last sold
AED 2.49M · January 2020
Building
Lamtara 2

About 706, Lamtara 2

706 is a two-bedroom apartment of 1,575 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 20 January 2020 for AED 2,487,000, or AED 1,579 per sqft, in line with the AED 1,569 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Lamtara 2
2M3M4M20192021202320252027Typical sale price by year: 2019 AED 2,168,000; 2020 AED 2,421,000; 2021 AED 2,253,000; 2022 AED 2,750,000; 2023 AED 3,800,000; 2024 AED 3,800,000; 2025 AED 4,270,000; 2026 AED 3,340,000Sold by developer, January 2020: AED 2,487,000 (AED 1,579 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Lamtara 2
200K2021202320252027Typical rent by year: 2021 AED 183,333; 2022 AED 174,000; 2023 AED 180,000; 2024 AED 210,000; 2025 AED 230,000; 2026 AED 210,000

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 706 sits

All 41 2-beds →

706 last sold in January 2020 at AED 1,579 per sqft, in line with what two-beds in Lamtara 2 were fetching at the time (AED 1,569). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 20263,000,000
5 May 20261,500,000
6 Apr 20263,680,000
26 Feb 20264,350,000
5 2-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
7023-bedAED 3.49M · Apr 2020
7032-bedAED 2.74M · Dec 2021
7042-bedAED 2.4M · Oct 2021
7051-bedAED 1.75M · Apr 2022
7071-bedAED 2.5M · Oct 2022
7081-bedAED 2.5M · Dec 2023
1–7 of 11

706, Lamtara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 20 January 2020 for AED 2,487,000, or AED 1,579 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 20 January 2020.

Questions about 706, Lamtara 2

What did unit 706 last sell for?

AED 2,487,000 on 20 January 2020, sold by the developer: AED 1,579 per sqft for 1,575 sqft. It is the only registered sale of the unit.

How big is unit 706?

1,575 sqft (146.3 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 706 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.

Selling 706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 706, Lamtara 2

Starts from the last sale price (AED 2.49M, 20 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,487,000
Deposit, UAE resident (20%)
AED 497,400
Deposit, non-resident (40%)
AED 994,800
Monthly over 25 years at 3.7%
AED 10,175

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