Studio · 405 sqftLawnz Residence Block 1, International City · 3rd floor · completed 2022

308, Lawnz Residence Block 1

Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 400K29 April 2024
Current rentAED 38K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Lawnz Residence Block 1

What is 308 worth today?

Last sold for AED 400,000 in 2024

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22 Jul 2024RentedNew contract
AED 38,000/yr12 months · AED 94 per sqft
29 Apr 2024SoldReady
AED 400,000AED 988 per sqft
1 Jul 2023RentedRenewal
AED 29,000/yr12 months · AED 72 per sqft
12 Dec 2022SoldReady
AED 315,000AED 778 per sqft
1 Jul 2022RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
28 Aug 2018Sold by developerOff-plan
AED 299,000AED 746 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
3rd of 7
Parking
LG-578
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,000 /yr
Last sold
AED 400K · April 2024

About 308, Lawnz Residence Block 1

308 is a studio of 405 sqft on the 3rd floor of Lawnz Residence Block 1, a 7-storey tower in International City completed in 2022 by Danube Properties Development. It last sold on 29 April 2024 for AED 400,000, or AED 988 per sqft, 10% above the AED 902 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 22 July 2024, is AED 38,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Lawnz Residence Block 1
300K400K500K2018202120242027Typical sale price by year: 2018 AED 334,000; 2019 AED 313,500; 2020 AED 353,125; 2021 AED 340,000; 2022 AED 320,000; 2023 AED 350,000; 2024 AED 400,000; 2025 AED 470,000; 2026 AED 470,000Sold by developer, August 2018: AED 299,000 (AED 746 per sqft)Sold, December 2022: AED 315,000 (AED 778 per sqft)Sold, April 2024: AED 400,000 (AED 988 per sqft)

308 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 308, each contractTypical studio in Lawnz Residence Block 1
30K40K202220242026Typical rent by year: 2022 AED 27,000; 2023 AED 30,000; 2024 AED 35,000; 2025 AED 38,000; 2026 AED 40,000New contract, July 2022: AED 26,000 a yearRenewal, July 2023: AED 29,000 a yearNew contract, July 2024: AED 38,000 a year

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

Studios in Lawnz Residence Block 1, and where 308 sits

All 119 studios →

308 last sold in April 2024 at AED 988 per sqft, 10% above what studios in Lawnz Residence Block 1 were fetching at the time (AED 902). Over the last 12 months studios sold for AED 183,200 to 535,000, around AED 1,161 per sqft, and rent for AED 24,000 to 50,000 a year. 308's AED 38,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Jul 2026465,000
11 Jun 2026480,000
1 Jun 2026475,000
22 May 2026183,200
6 studio sales in the last 12 months

Lawnz Residence Block 1

Building

258 apartments, studios to 2-bed over 7 floors in International City, completed in 2022 by Danube Properties Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,119 Up 4.2%
Typical sale
AED 575K
Typical rent
AED 42K /yr
Typical yield
8.2%
Lawnz Residence Block 1, International City: prices, sales and rents →

Other units on the 3rd floor

All 258 units in Lawnz Residence Block 1
Value
3011-bedAED 540K · Sep 2018
3022-bedAED 1.05M · Nov 2025
3032-bedAED 700K · Nov 2025
3042-bedAED 789K · Sep 2018
3052-bedAED 706K · Oct 2018
306StudioAED 299K · Oct 2018
307StudioAED 420K · Sep 2025
1–7 of 36

308, Lawnz Residence Block 1 in numbers

  • Sold 3 times: first on 28 August 2018 for AED 299,000, last on 29 April 2024 for AED 400,000 (AED 988 per sqft).
  • Rented since July 2022 on 3 Ejari contracts, from AED 26,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 5,000 a year (AED 12.46 per sqft).
  • Studios in Lawnz Residence Block 1 sold for AED 183,200–535,000 in the 12 months to November 2026; the building's median across all types is AED 1,119 per sqft.

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 308, Lawnz Residence Block 1

What did unit 308 last sell for?

AED 400,000 on 29 April 2024: AED 988 per sqft for 405 sqft. The unit has 3 registered sales; the first was AED 299,000 in August 2018.

What is the rent for unit 308?

AED 38,000 a year on the contract signed on 22 July 2024. The previous contract, from July 2023, was AED 29,000; the unit has been rented since July 2022.

How big is unit 308?

405 sqft (37.6 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2022.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lawnz Residence Block 1 sold for AED 183,200 to 535,000 in the last 12 months, around AED 1,161 per sqft.

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Mortgage on 308, Lawnz Residence Block 1

Starts from the last sale price (AED 400K, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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