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Studio · 401 sqftLawnz Residence Block 1, International City · 4th floor · completed 2022

407, Lawnz Residence Block 1

Sold prices and rental history: sold once, by the developer in June 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 340K29 June 2021
Current rentAED 30K /yr12 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Lawnz Residence Block 1

What is 407 worth today?

Last sold for AED 340,000 in 2021

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12 Dec 2023RentedNew contract
AED 30,000/yr12 months · AED 74 per sqft
5 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 74 per sqft
29 Jun 2021Sold by developerOff-plan
AED 340,000AED 848 per sqft

Source: Dubai Land Department. Updated 12 December 2023.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
4th of 7
Parking
LG-541
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,000 /yr
Last sold
AED 340K · June 2021
Building
Lawnz Residence Block 1

About 407, Lawnz Residence Block 1

407 is a studio of 401 sqft on the 4th floor of Lawnz Residence Block 1, a 7-storey tower in International City completed in 2022 by Danube Properties Development. The developer sold it on 29 June 2021 for AED 340,000, or AED 848 per sqft, 4% below the AED 881 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 12 December 2023, is AED 30,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 5,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Lawnz Residence Block 1
300K400K2018202120242027Typical 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, June 2021: AED 340,000 (AED 848 per sqft)

407 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 407, 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, December 2022: AED 30,000 a yearNew contract, December 2023: AED 30,000 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 407 sits

All 119 studios →

407 last sold in June 2021 at AED 848 per sqft, 4% below what studios in Lawnz Residence Block 1 were fetching at the time (AED 881). 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. 407's AED 30,000 is in the lower 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 4th floor

All 258 units in Lawnz Residence Block 1
Value
4011-bedAED 545K · Aug 2018
4022-bedAED 815K · Aug 2022
4032-bedAED 766K · Nov 2018
4042-bedAED 835K · Apr 2023
4052-bedAED 713K · Sep 2018
406StudioAED 340K · Jun 2021
408StudioAED 371K · Dec 2020
1–7 of 36

407, Lawnz Residence Block 1 in numbers

  • Sold once: by Danube Properties Development on 29 June 2021 for AED 340,000, or AED 848 per sqft.
  • Rented since December 2022 on 2 Ejari contracts, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2021 price is 8.8%, 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 12 December 2023.

Questions about 407, Lawnz Residence Block 1

What did unit 407 last sell for?

AED 340,000 on 29 June 2021, sold by the developer: AED 848 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 30,000 a year on the contract signed on 12 December 2023. The previous contract, from December 2022, was AED 30,000.

How big is unit 407?

401 sqft (37.3 sqm): a studio on the 4th floor of a 7-storey tower completed in 2022.

What is unit 407 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 407, Lawnz Residence Block 1

Starts from the last sale price (AED 340K, 29 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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