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Studio · 407 sqftLawnz Residence Block 2, International City · 6th floor · completed 2022

632, Lawnz Residence Block 2

Sold prices and rental history: sold once, by the developer in October 2018, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 632 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 370K14 October 2018
Current rentAED 27K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 632, Lawnz Residence Block 2

What is 632 worth today?

Last sold for AED 370,000 in 2018

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5 Sep 2022RentedNew contract
AED 27,000/yr12 months · AED 63 per sqft
14 Oct 2018Sold by developerOff-plan
AED 370,000AED 908 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
Studio apartment
Size
407 sqft
Floor
6th of 7
Parking
B-81
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,100 /yr
Last sold
AED 370K · October 2018
Building
Lawnz Residence Block 2

About 632, Lawnz Residence Block 2

632 is a studio of 407 sqft on the 6th floor of Lawnz Residence Block 2, a 7-storey tower in International City completed in 2022 by Danube Properties Development. The developer sold it on 14 October 2018 for AED 370,000, or AED 908 per sqft, 6% above the AED 853 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2022. The current contract, signed on 5 September 2022, is AED 27,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 5,100 a year.

Sales and rents for 632 over time

Sales
Unit 632, 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 370,000 (AED 908 per sqft)

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

Rents
Unit 632, 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, September 2022: AED 27,000 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 632 sits

All 119 studios →

632 last sold in October 2018 at AED 908 per sqft, 6% above what studios in Lawnz Residence Block 2 were fetching at the time (AED 853). 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. 632's AED 27,000 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 6th floor

All 257 units in Lawnz Residence Block 2
Value
6011-bedAED 555K · Oct 2018
6022-bedAED 780K · Sep 2018
6032-bedAED 860K · Aug 2023
6042-bedAED 810K · Sep 2018
6052-bedAED 727K · Dec 2018
606StudioAED 335K · Jan 2023
607StudioAED 415K · Oct 2023
1–7 of 36

632, Lawnz Residence Block 2 in numbers

  • Sold once: by Danube Properties Development on 14 October 2018 for AED 370,000, or AED 908 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2018 price is 7.3%, 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 5 September 2022.

Questions about 632, Lawnz Residence Block 2

What did unit 632 last sell for?

AED 370,000 on 14 October 2018, sold by the developer: AED 908 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 632?

AED 27,000 a year on the contract signed on 5 September 2022.

How big is unit 632?

407 sqft (37.8 sqm): a studio on the 6th floor of a 7-storey tower completed in 2022.

What is unit 632 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 632, Lawnz Residence Block 2

Starts from the last sale price (AED 370K, 14 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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