2-bed · 1,474 sqftLamtara 3, Umm Suqeim Third · 7th floor · completed 2021

704, Lamtara 3

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 13 September 2025
Last soldAED 2.62M27 June 2019
Current rentAED 220K /yr13 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Lamtara 3

What is 704 worth today?

Last sold for AED 2,620,000 in 2019

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13 Sep 2025RentedRenewal
AED 220,000/yr12 months · AED 149 per sqft
13 Sep 2024RentedNew contract
AED 230,000/yr12 months · AED 156 per sqft
2 Sep 2024RentedNew contract
AED 230,000/yr12 months · AED 156 per sqft
25 Sep 2023RentedNew contract
AED 270,000/yr12 months · AED 183 per sqft
10 Jan 2023RentedNew contract
AED 360,000/yr12 months · AED 244 per sqft
27 Jun 2019Sold by developerOff-plan
AED 2,620,000AED 1,777 per sqft

Source: Dubai Land Department. Updated 13 September 2025.

Key facts

Type
2-bed apartment
Size
1,474 sqft
Floor
7th of 8
Parking
L1-198
Developer
Jumeirah Hills Development
Completed
2021
Service charge
AED 33,800 /yr
Last sold
AED 2.62M · June 2019
Building
Lamtara 3

About 704, Lamtara 3

704 is a two-bedroom apartment of 1,474 sqft on the 7th floor of Lamtara 3, a 8-storey tower in Umm Suqeim Third completed in 2021 by Jumeirah Hills Development . The developer sold it on 27 June 2019 for AED 2,620,000, or AED 1,777 per sqft, in line with the AED 1,764 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 13 September 2025, is AED 220,000 a year: a gross yield of 8.4% on the 2019 price, before the service charge of about AED 33,800 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, June 2019: AED 2,620,000 (AED 1,777 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in Lamtara 3
200K300K202220242026Typical rent by year: 2022 AED 190,000; 2023 AED 220,000; 2024 AED 225,000; 2025 AED 221,899; 2026 AED 200,000New contract, January 2023: AED 360,000 a yearNew contract, September 2023: AED 270,000 a yearNew contract, September 2024: AED 230,000 a yearNew contract, September 2024: AED 230,000 a yearRenewal, September 2025: AED 220,000 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 704 sits

All 40 2-beds →

704 last sold in June 2019 at AED 1,777 per sqft, in line with what two-beds in Lamtara 3 were fetching at the time (AED 1,764). 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. 704's AED 220,000 is in the upper 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 7th floor

All 108 units in Lamtara 3
Value
7011-bedAED 1.31M · Jun 2019
7021-bedAED 1.31M · Jun 2019
7032-bedAED 2.55M · Jul 2019
7051-bedAED 1.23M · Jun 2019
7062-bedAED 2.11M · Jun 2019
7073-bedAED 3M · Jun 2019
7083-bedAED 3.92M · Jun 2019
1–7 of 11

704, Lamtara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 27 June 2019 for AED 2,620,000, or AED 1,777 per sqft.
  • Rented since January 2023 on 5 Ejari contracts, from AED 360,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2019 price is 8.4%, before a service charge of about AED 33,800 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 13 September 2025.

Questions about 704, Lamtara 3

What did unit 704 last sell for?

AED 2,620,000 on 27 June 2019, sold by the developer: AED 1,777 per sqft for 1,474 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 220,000 a year on the contract renewed on 13 September 2025. The previous contract, from September 2024, was AED 230,000; the unit has been rented since January 2023.

How big is unit 704?

1,474 sqft (136.9 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2021.

What is unit 704 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 704, Lamtara 3

Starts from the last sale price (AED 2.62M, 27 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,620,000
Deposit, UAE resident (20%)
AED 524,000
Deposit, non-resident (40%)
AED 1,048,000
Monthly over 25 years at 3.7%
AED 10,719

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