Studio · 405 sqftLawnz Residence Block 2, International City · 5th floor · completed 2022

516, Lawnz Residence Block 2

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 400K6 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Lawnz Residence Block 2

What is 516 worth today?

Last sold for AED 400,000 in 2024

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6 Jun 2024SoldReady
AED 400,000AED 988 per sqft
4 Oct 2018Sold by developerOff-plan
AED 345,000AED 861 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
5th of 7
Parking
LG-501
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,100 /yr
Last sold
AED 400K · June 2024

About 516, Lawnz Residence Block 2

516 is a studio of 405 sqft on the 5th floor of Lawnz Residence Block 2, a 7-storey tower in International City completed in 2022 by Danube Properties Development. It last sold on 6 June 2024 for AED 400,000, or AED 988 per sqft, in line with the AED 976 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, 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 345,000 (AED 861 per sqft)Sold, June 2024: AED 400,000 (AED 988 per sqft)

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

Rents
Unit 516, 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 39,000

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 516 sits

All 119 studios →

516 last sold in June 2024 at AED 988 per sqft, in line with what studios in Lawnz Residence Block 2 were fetching at the time (AED 976). 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.

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 5th floor

All 257 units in Lawnz Residence Block 2
Value
5011-bedAED 550K · Sep 2018
5022-bedAED 773K · Sep 2018
5032-bedAED 1.12M · Feb 2026
5042-bedAED 803K · Oct 2018
5052-bedAED 720K · Feb 2019
506StudioAED 440K · Feb 2025
507StudioAED 450K · Jun 2025
1–7 of 36

516, Lawnz Residence Block 2 in numbers

  • Sold twice: first on 4 October 2018 for AED 345,000, last on 6 June 2024 for AED 400,000 (AED 988 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 6 June 2024.

Questions about 516, Lawnz Residence Block 2

What did unit 516 last sell for?

AED 400,000 on 6 June 2024: AED 988 per sqft for 405 sqft. The unit has 2 registered sales; the first was AED 345,000 in October 2018.

How big is unit 516?

405 sqft (37.6 sqm): a studio on the 5th floor of a 7-storey tower completed in 2022.

What is unit 516 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 516, Lawnz Residence Block 2

Starts from the last sale price (AED 400K, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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