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

409, Lawnz Residence Block 1

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

Unit 409 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 350K29 August 2021
Current rentAED 46K /yr13 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Lawnz Residence Block 1

What is 409 worth today?

Last sold for AED 350,000 in 2021

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13 Jun 2024RentedNew contract
AED 46,000/yr12 months · AED 114 per sqft
26 Sep 2022RentedNew contract
AED 34,000/yr12 months · AED 84 per sqft
29 Aug 2021Sold by developerOff-plan
AED 350,000AED 873 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
4th of 7
Parking
LG-602
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,000 /yr
Last sold
AED 350K · August 2021
Building
Lawnz Residence Block 1

About 409, Lawnz Residence Block 1

409 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 August 2021 for AED 350,000, or AED 873 per sqft, in line with 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 13 June 2024, is AED 46,000 a year: a gross yield of 13.1% on the 2021 price, before the service charge of about AED 5,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, August 2021: AED 350,000 (AED 873 per sqft)

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

Rents
Unit 409, 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, September 2022: AED 34,000 a yearNew contract, June 2024: AED 46,000 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 409 sits

All 119 studios →

409 last sold in August 2021 at AED 873 per sqft, in line with 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. 409's AED 46,000 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

409, Lawnz Residence Block 1 in numbers

  • Sold once: by Danube Properties Development on 29 August 2021 for AED 350,000, or AED 873 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 34,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2021 price is 13.1%, 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 13 June 2024.

Questions about 409, Lawnz Residence Block 1

What did unit 409 last sell for?

AED 350,000 on 29 August 2021, sold by the developer: AED 873 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 46,000 a year on the contract signed on 13 June 2024. The previous contract, from September 2022, was AED 34,000.

How big is unit 409?

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

What is unit 409 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 409, Lawnz Residence Block 1

Starts from the last sale price (AED 350K, 29 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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