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

508, Lawnz Residence Block 2

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

Unit 508 · DLD and Ejari recordsUpdated 6 March 2023
Last soldAED 315K6 March 2023
Current rentAED 26K /yr14 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Lawnz Residence Block 2

What is 508 worth today?

Last sold for AED 315,000 in 2023

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6 Mar 2023SoldReady
AED 315,000AED 778 per sqft
14 Sep 2022RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
15 Oct 2018Sold by developerOff-plan
AED 320,000AED 798 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2023.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
5th of 7
Parking
LG-499
Developer
Danube Properties Development
Completed
2022
Service charge
AED 5,100 /yr
Last sold
AED 315K · March 2023
Building
Lawnz Residence Block 2

About 508, Lawnz Residence Block 2

508 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 March 2023 for AED 315,000, or AED 778 per sqft, 5% below the AED 815 studios in the building were fetching at the time.

One Ejari contract is registered, from 14 September 2022. The current contract, signed on 14 September 2022, is AED 26,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 5,100 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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)Sold, March 2023: AED 315,000 (AED 778 per sqft)

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

Rents
Unit 508, 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, September 2022: AED 26,000 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 508 sits

All 113 studios →

508 last sold in March 2023 at AED 778 per sqft, 5% below what studios in Lawnz Residence Block 2 were fetching at the time (AED 815). 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. 508's AED 26,000 is at the bottom 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 5th floor

All 257 units in Lawnz Residence Block 2
Value
5011-bedAED 550K · Sep 2018
5022-bedAED 773K · Sep 2018
5032-bedAED 800K · Mar 2022
5042-bedAED 803K · Oct 2018
5052-bedAED 720K · Feb 2019
506StudioAED 440K · Feb 2025
507StudioAED 450K · Jun 2025
1–7 of 36

508, Lawnz Residence Block 2 in numbers

  • Sold twice: first on 15 October 2018 for AED 320,000, last on 6 March 2023 for AED 315,000 (AED 778 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2023 price is 8.3%, 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 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 6 March 2023.

Questions about 508, Lawnz Residence Block 2

What did unit 508 last sell for?

AED 315,000 on 6 March 2023: AED 778 per sqft for 405 sqft. The unit has 2 registered sales; the first was AED 320,000 in October 2018.

What is the rent for unit 508?

AED 26,000 a year on the contract signed on 14 September 2022.

How big is unit 508?

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

What is unit 508 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 508, Lawnz Residence Block 2

Starts from the last sale price (AED 315K, 6 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

Plus AED 16,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →