1-bed · 810 sqftLamtara 2, Umm Suqeim Third · 7th floor · completed 2021

707, Lamtara 2

Sold prices and rental history: sold 3 times, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 21 October 2022
Last soldAED 2.5M21 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Lamtara 2

What is 707 worth today?

Last sold for AED 2,500,000 in 2022

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21 Oct 2022SoldReady
AED 2,500,000AED 3,087 per sqft
19 Sep 2022SoldReady
AED 1,800,000AED 2,223 per sqft
7 Aug 2019Sold by developerOff-plan
AED 1,261,000AED 1,605 per sqft

Source: Dubai Land Department. Updated 21 October 2022.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
7th of 9
Parking
L1-49
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 18,600 /yr
Last sold
AED 2.5M · October 2022
Building
Lamtara 2

About 707, Lamtara 2

707 is a one-bedroom apartment of 810 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 21 October 2022 for AED 2,500,000, or AED 3,087 per sqft, 42% above the AED 2,180 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in Lamtara 2
1M2M2019202120232025Typical sale price by year: 2019 AED 1,237,000; 2020 AED 1,252,000; 2021 AED 1,400,000; 2022 AED 1,800,000; 2023 AED 2,475,000; 2024 AED 2,600,000; 2025 AED 2,345,000Sold by developer, August 2019: AED 1,261,000 (AED 1,605 per sqft)Sold, September 2022: AED 1,800,000 (AED 2,223 per sqft)Sold, October 2022: AED 2,500,000 (AED 3,087 per sqft)

707 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 707, each contractTypical one-bed in Lamtara 2
120K130K140K2021202320252027Typical rent by year: 2021 AED 130,000; 2022 AED 120,000; 2023 AED 138,000; 2024 AED 139,000; 2025 AED 140,000; 2026 AED 130,138

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 707 sits

All 36 1-beds →

707 last sold in October 2022 at AED 3,087 per sqft, 42% above what one-beds in Lamtara 2 were fetching at the time (AED 2,180). 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 salesUnit no.Price (AED)Summary
13 Aug 20261,900,000
11 May 20262,000,000
22 Dec 20252,200,000
3 Oct 20252,490,000
3 1-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
7062-bedAED 2.49M · Jan 2020
7081-bedAED 2.5M · Dec 2023
1–7 of 11

707, Lamtara 2 in numbers

  • Sold 3 times: first on 7 August 2019 for AED 1,261,000, last on 21 October 2022 for AED 2,500,000 (AED 3,087 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 21 October 2022.

Questions about 707, Lamtara 2

What did unit 707 last sell for?

AED 2,500,000 on 21 October 2022: AED 3,087 per sqft for 810 sqft. The unit has 3 registered sales; the first was AED 1,261,000 in August 2019.

How big is unit 707?

810 sqft (75.3 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 707 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.

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Mortgage on 707, Lamtara 2

Starts from the last sale price (AED 2.5M, 21 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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