Studio · 432 sqftLawnz Residence Block 2, International City · 2nd floor · completed 2022

232, Lawnz Residence Block 2

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

Unit 232 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 355K29 May 2023
Current rentAED 30K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 232, Lawnz Residence Block 2

What is 232 worth today?

Last sold for AED 355,000 in 2023

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5 Oct 2023RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
29 May 2023SoldReady
AED 355,000AED 822 per sqft
20 Aug 2022RentedNew contract
AED 24,933/yr12 months · AED 58 per sqft
4 Feb 2019Sold by developerOff-plan
AED 345,000AED 846 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
2nd of 7
Parking
LG-350
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,400 /yr
Last sold
AED 355K · May 2023

About 232, Lawnz Residence Block 2

232 is a studio of 432 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 29 May 2023 for AED 355,000, or AED 822 per sqft, in line with the AED 815 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 5 October 2023, is AED 30,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for 232 over time

Sales
Unit 232, 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, February 2019: AED 345,000 (AED 846 per sqft)Sold, May 2023: AED 355,000 (AED 822 per sqft)

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

Rents
Unit 232, 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, August 2022: AED 24,933 a yearNew contract, October 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 2, and where 232 sits

All 119 studios →

232 last sold in May 2023 at AED 822 per sqft, in line with what studios in Lawnz Residence Block 2 were fetching at the time (AED 815). 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. 232's AED 30,000 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

232, Lawnz Residence Block 2 in numbers

  • Sold twice: first on 4 February 2019 for AED 345,000, last on 29 May 2023 for AED 355,000 (AED 822 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 24,933 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 8.5%, 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 5 October 2023.

Questions about 232, Lawnz Residence Block 2

What did unit 232 last sell for?

AED 355,000 on 29 May 2023: AED 822 per sqft for 432 sqft. The unit has 2 registered sales; the first was AED 345,000 in February 2019.

What is the rent for unit 232?

AED 30,000 a year on the contract signed on 5 October 2023. The previous contract, from August 2022, was AED 24,933.

How big is unit 232?

432 sqft (40.1 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2022.

What is unit 232 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 232, Lawnz Residence Block 2

Starts from the last sale price (AED 355K, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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