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Studio · 431 sqftLawnz Residence Block 2, International City · 2nd floor · completed 2022

231, Lawnz Residence Block 2

Sold prices and rental history: sold twice, last in December 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 231 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 405K25 December 2023
Current rentAED 40K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 231, Lawnz Residence Block 2

What is 231 worth today?

Last sold for AED 405,000 in 2023

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1 Feb 2025RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
25 Dec 2023SoldReady
AED 405,000AED 938 per sqft
27 Nov 2023RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft
27 Nov 2022RentedNew contract
AED 34,000/yr12 months · AED 79 per sqft
31 Oct 2018Sold by developerOff-plan
AED 332,000AED 820 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
2nd of 7
Parking
LG-349
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,400 /yr
Last sold
AED 405K · December 2023
Building
Lawnz Residence Block 2

About 231, Lawnz Residence Block 2

231 is a studio of 431 sqft on the 2nd floor of Lawnz Residence Block 2, a 7-storey tower in International City completed in 2022 by Danube Properties Development. It last sold on 25 December 2023 for AED 405,000, or AED 938 per sqft, 8% above the AED 865 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 February 2025, is AED 40,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for 231 over time

Sales
Unit 231, each saleTypical studio in Lawnz Residence Block 2
300K400K500K2018202120242027Typical sale price by year: 2018 AED 343,000; 2019 AED 345,000; 2021 AED 329,000; 2022 AED 319,000; 2023 AED 355,000; 2024 AED 412,500; 2025 AED 472,500; 2026 AED 500,000Sold by developer, October 2018: AED 332,000 (AED 820 per sqft)Sold, December 2023: AED 405,000 (AED 938 per sqft)

231 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 231, each contractTypical studio in Lawnz Residence Block 2
30K40K202220242026Typical rent by year: 2022 AED 27,000; 2023 AED 30,000; 2024 AED 33,000; 2025 AED 38,000; 2026 AED 39,000New contract, November 2022: AED 34,000 a yearNew contract, November 2023: AED 37,000 a yearNew contract, February 2025: AED 40,000 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 2, and where 231 sits

All 119 studios →

231 last sold in December 2023 at AED 938 per sqft, 8% above what studios in Lawnz Residence Block 2 were fetching at the time (AED 865). Over the last 12 months studios sold for AED 400,000 to 515,000, around AED 1,186 per sqft, and rent for AED 23,625 to 69,000 a year. 231's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Oct 2026510,000
16 Sep 2026410,000
16 Jul 2026500,000
13 May 2026480,000
11 studio sales in the last 12 months

Lawnz Residence Block 2

Building

257 apartments, studios to 2-bed over 7 floors in International City, completed in 2022 by Danube Properties Development. 16 sold in the last 12 months.

Typical price per sqft
AED 1,186 Up 6.7%
Typical sale
AED 500K
Typical rent
AED 47K /yr
Typical yield
7.2%
Lawnz Residence Block 2, International City: prices, sales and rents →

Other units on the 2nd floor

All 257 units in Lawnz Residence Block 2
Value
2011-bedAED 524K · Oct 2018
2022-bedAED 752K · Sep 2018
2032-bedAED 830K · Mar 2024
2042-bedAED 782K · Aug 2018
2052-bedAED 699K · Sep 2018
206StudioAED 299K · Dec 2021
207StudioAED 299K · Oct 2018
1–7 of 36

231, Lawnz Residence Block 2 in numbers

  • Sold twice: first on 31 October 2018 for AED 332,000, last on 25 December 2023 for AED 405,000 (AED 938 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 34,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 9.9%, before a service charge of about AED 5,400 a year (AED 12.51 per sqft).
  • Studios in Lawnz Residence Block 2 sold for AED 400,000–515,000 in the 12 months to November 2026; the building's median across all types is AED 1,186 per sqft.

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 231, Lawnz Residence Block 2

What did unit 231 last sell for?

AED 405,000 on 25 December 2023: AED 938 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 332,000 in October 2018.

What is the rent for unit 231?

AED 40,000 a year on the contract signed on 1 February 2025. The previous contract, from November 2023, was AED 37,000; the unit has been rented since November 2022.

How big is unit 231?

431 sqft (40.0 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2022.

What is unit 231 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 2 sold for AED 400,000 to 515,000 in the last 12 months, around AED 1,186 per sqft.

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Mortgage on 231, Lawnz Residence Block 2

Starts from the last sale price (AED 405K, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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