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Studio · 405 sqftLawnz Residence Block 2, International City · 4th floor · completed 2022

407, Lawnz Residence Block 2

Sold prices and rental history: sold twice, last in June 2024, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 28 June 2024
Last soldAED 420K28 June 2024
Current rentAED 30K /yr25 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Lawnz Residence Block 2

What is 407 worth today?

Last sold for AED 420,000 in 2024

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28 Jun 2024SoldReady
AED 420,000AED 1,037 per sqft
25 Jun 2022RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
10 Sep 2018Sold by developerOff-plan
AED 315,000AED 786 per sqft

Source: Dubai Land Department. Updated 28 June 2024.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
4th of 7
Parking
LG-358
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,100 /yr
Last sold
AED 420K · June 2024
Building
Lawnz Residence Block 2

About 407, Lawnz Residence Block 2

407 is a studio of 405 sqft on the 4th floor of Lawnz Residence Block 2, a 7-storey tower in International City completed in 2022 by Danube Properties Development. It last sold on 28 June 2024 for AED 420,000, or AED 1,037 per sqft, 5% above the AED 988 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 June 2022. The current contract, signed on 25 June 2022, is AED 30,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 5,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, September 2018: AED 315,000 (AED 786 per sqft)Sold, June 2024: AED 420,000 (AED 1,037 per sqft)

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

Rents
Unit 407, 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, June 2022: 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 407 sits

All 119 studios →

407 last sold in June 2024 at AED 1,037 per sqft, 5% above what studios in Lawnz Residence Block 2 were fetching at the time (AED 988). 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. 407'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 4th floor

All 257 units in Lawnz Residence Block 2
Value
4011-bedAED 524K · Nov 2018
4022-bedAED 1.15M · Feb 2026
4032-bedAED 766K · Sep 2018
4042-bedAED 940K · Jun 2024
4052-bedAED 713K · Dec 2018
406StudioAED 430K · Oct 2024
408StudioAED 480K · May 2026
1–7 of 36

407, Lawnz Residence Block 2 in numbers

  • Sold twice: first on 10 September 2018 for AED 315,000, last on 28 June 2024 for AED 420,000 (AED 1,037 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 5,100 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 28 June 2024.

Questions about 407, Lawnz Residence Block 2

What did unit 407 last sell for?

AED 420,000 on 28 June 2024: AED 1,037 per sqft for 405 sqft. The unit has 2 registered sales; the first was AED 315,000 in September 2018.

What is the rent for unit 407?

AED 30,000 a year on the contract signed on 25 June 2022.

How big is unit 407?

405 sqft (37.6 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 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 407, Lawnz Residence Block 2

Starts from the last sale price (AED 420K, 28 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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