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

408, Lawnz Residence Block 1

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 3 July 2026
Last soldAED 371K13 December 2020
Current rentAED 39K /yr3 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Lawnz Residence Block 1

What is 408 worth today?

Last sold for AED 371,250 in 2020

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3 Jul 2026RentedNew contract
AED 39,000/yr12 months · AED 95 per sqft
26 Jul 2025RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
26 Jul 2024RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
10 Jul 2023RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
10 Jun 2022RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
13 Dec 2020Sold by developerOff-plan
AED 371,250AED 926 per sqft

Source: Dubai Land Department. Updated 3 July 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
4th of 7
Parking
LG-542
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,000 /yr
Last sold
AED 371K · December 2020
Building
Lawnz Residence Block 1

About 408, Lawnz Residence Block 1

408 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 13 December 2020 for AED 371,250, or AED 926 per sqft, 6% above the AED 873 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 3 July 2026, is AED 39,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 5,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, December 2020: AED 371,250 (AED 926 per sqft)

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

Rents
Unit 408, 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, June 2022: AED 30,000 a yearNew contract, July 2023: AED 30,000 a yearNew contract, July 2024: AED 35,000 a yearRenewal, July 2025: AED 40,000 a yearNew contract, July 2026: AED 39,000 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 408 sits

All 119 studios →

408 last sold in December 2020 at AED 926 per sqft, 6% above what studios in Lawnz Residence Block 1 were fetching at the time (AED 873). 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. 408's AED 39,000 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 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
407StudioAED 340K · Jun 2021
1–7 of 36

408, Lawnz Residence Block 1 in numbers

  • Sold once: by Danube Properties Development on 13 December 2020 for AED 371,250, or AED 926 per sqft.
  • Rented since June 2022 on 5 Ejari contracts, from AED 30,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2020 price is 10.5%, 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 3 July 2026.

Questions about 408, Lawnz Residence Block 1

What did unit 408 last sell for?

AED 371,250 on 13 December 2020, sold by the developer: AED 926 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 39,000 a year on the contract signed on 3 July 2026. The previous contract, from July 2025, was AED 40,000; the unit has been rented since June 2022.

How big is unit 408?

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

What is unit 408 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 408, Lawnz Residence Block 1

Starts from the last sale price (AED 371K, 13 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 371,250
Deposit, UAE resident (20%)
AED 74,250
Deposit, non-resident (40%)
AED 148,500
Monthly over 25 years at 3.7%
AED 1,519

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