2-bed · 1,360 sqftLamtara 3, Umm Suqeim Third · 4th floor · completed 2021

406, Lamtara 3

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 2.08M30 September 2019
Current rentAED 119K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Lamtara 3

What is 406 worth today?

Last sold for AED 2,080,000 in 2019

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25 Sep 2026RentedNew contract
AED 118,723/yr3 months · AED 87 per sqft
28 Nov 2024RentedNew contract
AED 220,000/yr12 months · AED 162 per sqft
12 Oct 2023RentedNew contract
AED 264,000/yr10 months · AED 194 per sqft
12 Aug 2023RentedNew contract
AED 220,000/yr12 months · AED 162 per sqft
20 Jun 2022RentedNew contract
AED 190,000/yr12 months · AED 140 per sqft
30 Sep 2019Sold by developerOff-plan
AED 2,080,000AED 1,529 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
2-bed apartment
Size
1,360 sqft
Floor
4th of 8
Parking
L1-103
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 31,200 /yr
Last sold
AED 2.08M · September 2019
Building
Lamtara 3

About 406, Lamtara 3

406 is a two-bedroom apartment of 1,360 sqft on the 4th floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 30 September 2019 for AED 2,080,000, or AED 1,529 per sqft, 4% below the AED 1,588 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 25 September 2026, is AED 118,723 a year: a gross yield of 5.7% on the 2019 price, before the service charge of about AED 31,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Lamtara 3
2M4M2019202120232025Typical sale price by year: 2019 AED 2,244,500; 2020 AED 2,541,000; 2021 AED 2,507,000; 2022 AED 3,100,000; 2023 AED 4,025,000; 2024 AED 4,545,500Sold by developer, September 2019: AED 2,080,000 (AED 1,529 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Lamtara 3
100K200K202220242026Typical rent by year: 2022 AED 190,000; 2023 AED 220,000; 2024 AED 225,000; 2025 AED 221,899; 2026 AED 200,000New contract, June 2022: AED 190,000 a yearNew contract, August 2023: AED 220,000 a yearNew contract, October 2023: AED 264,000 a yearNew contract, November 2024: AED 220,000 a yearNew contract, September 2026: AED 118,723 a year

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

2-beds in Lamtara 3, and where 406 sits

All 40 2-beds →

406 last sold in September 2019 at AED 1,529 per sqft, 4% below what two-beds in Lamtara 3 were fetching at the time (AED 1,588). Over the last 12 months two-beds sold for AED 4,000,000, around AED 2,931 per sqft, and rent for AED 100,000 to 250,000 a year. 406's AED 118,723 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Sep 20264,000,000
22 Apr 20254,100,000
28 Mar 20253,850,000
26 Dec 20244,400,000
1 2-bed sale in the last 12 months

Lamtara 3

Building

108 apartments, 1-bed to 4-bed over 8 floors in Umm Suqeim Third, completed in 2021 by Jumeirah Hills Development . 4 sold in the last 12 months.

Typical price per sqft
AED 3,081
Typical sale
AED 6.55M
Typical rent
AED 125K /yr
Typical yield
4.8%
Lamtara 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 4th floor

All 108 units in Lamtara 3
Value
4011-bedAED 1.3M · Sep 2019
4021-bedAED 2.45M · Apr 2025
4032-bedAED 3.1M · Mar 2022
4042-bedAED 2.59M · Jul 2019
4051-bedAED 2.1M · Apr 2025
4073-bedAED 4.2M · Jan 2022
4083-bedAED 9.6M · Dec 2025
1–7 of 13

406, Lamtara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 30 September 2019 for AED 2,080,000, or AED 1,529 per sqft.
  • Rented since June 2022 on 5 Ejari contracts, from AED 190,000 to AED 118,723 a year.
  • At AED 118,723 a year the gross yield on the 2019 price is 5.7%, before a service charge of about AED 31,200 a year (AED 22.96 per sqft).
  • Two-beds in Lamtara 3 sold for AED 4,000,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,081 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 406, Lamtara 3

What did unit 406 last sell for?

AED 2,080,000 on 30 September 2019, sold by the developer: AED 1,529 per sqft for 1,360 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 118,723 a year on the contract signed on 25 September 2026. The previous contract, from November 2024, was AED 220,000; the unit has been rented since June 2022.

How big is unit 406?

1,360 sqft (126.3 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2021.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lamtara 3 sold for AED 4,000,000 to 4,000,000 in the last 12 months, around AED 2,931 per sqft.

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Mortgage on 406, Lamtara 3

Starts from the last sale price (AED 2.08M, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,080,000
Deposit, UAE resident (20%)
AED 416,000
Deposit, non-resident (40%)
AED 832,000
Monthly over 25 years at 3.7%
AED 8,510

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