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Studio · 401 sqftLawnz Residence Block 2, International City · 3rd floor · completed 2022

308, Lawnz Residence Block 2

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

Unit 308 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 320K17 October 2018
Current rentAED 35K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Lawnz Residence Block 2

What is 308 worth today?

Last sold for AED 320,000 in 2018

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1 Jul 2024RentedRenewal
AED 34,500/yr12 months · AED 87 per sqft
1 Jul 2023RentedRenewal
AED 31,000/yr12 months · AED 78 per sqft
1 Jul 2022RentedNew contract
AED 28,000/yr12 months · AED 68 per sqft
17 Oct 2018Sold by developerOff-plan
AED 320,000AED 798 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
3rd of 7
Parking
LG-308
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,000 /yr
Last sold
AED 320K · October 2018
Building
Lawnz Residence Block 2

About 308, Lawnz Residence Block 2

308 is a studio of 401 sqft on the 3rd 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 17 October 2018 for AED 320,000, or AED 798 per sqft, 6% below the AED 852 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 34,500 a year: a gross yield of 10.8% on the 2018 price, before the service charge of about AED 5,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Lawnz Residence Block 2
300K400K20182020202220242026Typical sale price by year: 2018 AED 343,000; 2019 AED 345,000; 2021 AED 329,000; 2022 AED 315,000; 2023 AED 355,000; 2024 AED 412,500; 2025 AED 457,500Sold by developer, October 2018: AED 320,000 (AED 798 per sqft)

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

Rents
Unit 308, each contractTypical studio in Lawnz Residence Block 2
30K40K202220242026Typical rent by year: 2022 AED 27,000; 2023 AED 30,000; 2024 AED 33,600; 2025 AED 38,500; 2026 AED 42,000New contract, July 2022: AED 28,000 a yearRenewal, July 2023: AED 31,000 a yearRenewal, July 2024: AED 34,500 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 308 sits

All 113 studios →

308 last sold in October 2018 at AED 798 per sqft, 6% below what studios in Lawnz Residence Block 2 were fetching at the time (AED 852). Over the last 12 months studios sold for AED 430,000 to 500,000, around AED 1,160 per sqft, and rent for AED 30,000 to 52,000 a year. 308's AED 34,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Dec 2025490,000
16 Dec 2025480,000
25 Jul 2025480,000
1 Jul 2025465,000
4 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. 4 sold in the last 12 months.

Typical price per sqft
AED 1,160
Typical sale
AED 485K
Typical rent
AED 54K /yr
Typical yield
7.2%
Lawnz Residence Block 2, International City: prices, sales and rents →

Other units on the 3rd floor

All 257 units in Lawnz Residence Block 2
Value
3011-bedAED 540K · Oct 2018
3022-bedAED 759K · Dec 2018
3032-bedAED 759K · Oct 2018
3042-bedAED 1.05M · Jan 2025
3052-bedAED 706K · Sep 2018
306StudioAED 480K · Dec 2025
307StudioAED 320K · Sep 2018
1–7 of 36

308, Lawnz Residence Block 2 in numbers

  • Sold once: by Danube Properties Development on 17 October 2018 for AED 320,000, or AED 798 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 28,000 to AED 34,500 a year.
  • At AED 34,500 a year the gross yield on the 2018 price is 10.8%, before a service charge of about AED 5,000 a year (AED 12.51 per sqft).
  • Studios in Lawnz Residence Block 2 sold for AED 430,000–500,000 in the 12 months to November 2026; the building's median across all types is AED 1,160 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Questions about 308, Lawnz Residence Block 2

What did unit 308 last sell for?

AED 320,000 on 17 October 2018, sold by the developer: AED 798 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 34,500 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 31,000; the unit has been rented since July 2022.

How big is unit 308?

401 sqft (37.3 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2022.

What is unit 308 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 430,000 to 500,000 in the last 12 months, around AED 1,160 per sqft.

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Mortgage on 308, Lawnz Residence Block 2

Starts from the last sale price (AED 320K, 17 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

Plus AED 16,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →