708, Lamtara 2
Sold prices and rental history: sold 3 times, last in December 2023, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Lamtara 2
What is 708 worth today?
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Source: Dubai Land Department. Updated 22 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 772 sqft
- Floor
- 7th of 9
- Parking
- L1-16
- Developer
- Jumeirah Hills Development
- Completed
- 2021
- Service charge
- AED 17,700 /yr
- Last sold
- AED 2.5M · December 2023
- Building
- Lamtara 2
About 708, Lamtara 2
708 is a one-bedroom apartment of 772 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 22 December 2023 for AED 2,500,000, or AED 3,238 per sqft, in line with the AED 3,145 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 March 2023. The current contract, signed on 10 March 2023, is AED 145,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 17,700 a year.
Sales and rents for 708 over time
708 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 708 sits
All 36 1-beds →708 last sold in December 2023 at AED 3,238 per sqft, in line with what one-beds in Lamtara 2 were fetching at the time (AED 3,145). 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. 708's AED 145,000 is in the lower half of that range.
| 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 770 sqft | AED 2.4MAED 2,400,000 · Jan 2023January 2023 | ||
| 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 | ||
| 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 |
708, Lamtara 2 in numbers
- Sold 3 times: first on 13 January 2020 for AED 1,222,000, last on 22 December 2023 for AED 2,500,000 (AED 3,238 per sqft).
- Rented since March 2023 on one Ejari contract, at AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 17,700 a year (AED 22.96 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 22 December 2023.
Questions about 708, Lamtara 2
What did unit 708 last sell for?
AED 2,500,000 on 22 December 2023: AED 3,238 per sqft for 772 sqft. The unit has 3 registered sales; the first was AED 1,222,000 in January 2020.
What is the rent for unit 708?
AED 145,000 a year on the contract signed on 10 March 2023.
How big is unit 708?
772 sqft (71.7 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.
What is unit 708 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 708, Lamtara 2
Starts from the last sale price (AED 2.5M, 22 December 2023). 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 →