Studio · 405 sqftLawnz Residence Block 4, International City · 5th floor · completed 2022

516, Lawnz Residence Block 4

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

Unit 516 · DLD and Ejari recordsUpdated 2 January 2023
Last soldAED 306K22 December 2022
Current rentAED 27K /yr2 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Lawnz Residence Block 4

What is 516 worth today?

Last sold for AED 306,000 in 2022

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2 Jan 2023RentedNew contract
AED 27,000/yr12 months · AED 66 per sqft
22 Dec 2022SoldReady
AED 306,000AED 755 per sqft
11 Feb 2019Sold by developerOff-plan
AED 345,000AED 861 per sqft

Source: Dubai Land Department. Updated 2 January 2023.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
5th of 7
Parking
LG-681
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,000 /yr
Last sold
AED 306K · December 2022

About 516, Lawnz Residence Block 4

516 is a studio of 405 sqft on the 5th floor of Lawnz Residence Block 4, a 7-storey tower in International City completed in 2022 by Danube Properties Development. It last sold on 22 December 2022 for AED 306,000, or AED 755 per sqft, 7% below the AED 815 studios in the building were fetching at the time.

One Ejari contract is registered, from 2 January 2023. The current contract, signed on 2 January 2023, is AED 27,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 5,000 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Lawnz Residence Block 4
300K400K500K2018202120242027Typical sale price by year: 2018 AED 346,500; 2019 AED 350,000; 2020 AED 330,150; 2022 AED 341,500; 2023 AED 350,000; 2024 AED 420,000; 2025 AED 480,000; 2026 AED 497,500Sold by developer, February 2019: AED 345,000 (AED 861 per sqft)Sold, December 2022: AED 306,000 (AED 755 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 4
30K40K202220242026Typical rent by year: 2022 AED 27,000; 2023 AED 30,000; 2024 AED 33,000; 2025 AED 38,000; 2026 AED 40,000New contract, January 2023: 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 4, and where 516 sits

All 119 studios →

516 last sold in December 2022 at AED 755 per sqft, 7% below what studios in Lawnz Residence Block 4 were fetching at the time (AED 815). Over the last 12 months studios sold for AED 460,000 to 525,000, around AED 1,216 per sqft, and rent for AED 20,000 to 48,500 a year. 516's AED 27,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026515,000
23 Oct 2026480,000
18 Sep 2026475,000
30 Jul 2026460,000
12 studio sales in the last 12 months

Lawnz Residence Block 4

Building

259 apartments, studios to 2-bed over 7 floors in International City, completed in 2022 by Danube Properties Development. 20 sold in the last 12 months.

Typical price per sqft
AED 1,197 Up 10.6%
Typical sale
AED 520K
Typical rent
AED 45K /yr
Typical yield
7.7%
Lawnz Residence Block 4, International City: prices, sales and rents →

Other units on the 5th floor

All 259 units in Lawnz Residence Block 4
Value
5011-bedAED 555K · Jun 2023
5022-bedAED 820K · Jun 2023
5032-bedAED 787K · Oct 2018
5042-bedAED 801K · Jan 2019
5052-bedAED 752K · Dec 2018
506StudioAED 345K · Mar 2019
507StudioAED 345K · Nov 2018
1–7 of 36

516, Lawnz Residence Block 4 in numbers

  • Sold twice: first on 11 February 2019 for AED 345,000, last on 22 December 2022 for AED 306,000 (AED 755 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 5,000 a year (AED 12.46 per sqft).
  • Studios in Lawnz Residence Block 4 sold for AED 460,000–525,000 in the 12 months to November 2026; the building's median across all types is AED 1,197 per sqft.

Source: Dubai Land Department. Updated 2 January 2023.

Questions about 516, Lawnz Residence Block 4

What did unit 516 last sell for?

AED 306,000 on 22 December 2022: AED 755 per sqft for 405 sqft. The unit has 2 registered sales; the first was AED 345,000 in February 2019.

What is the rent for unit 516?

AED 27,000 a year on the contract signed on 2 January 2023.

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 4 sold for AED 460,000 to 525,000 in the last 12 months, around AED 1,216 per sqft.

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Mortgage on 516, Lawnz Residence Block 4

Starts from the last sale price (AED 306K, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 306,000
Deposit, UAE resident (20%)
AED 61,200
Deposit, non-resident (40%)
AED 122,400
Monthly over 25 years at 3.7%
AED 1,252

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