Unit 308, Gardenia 2: what it sold for and what it is worth now

Unit 308 at Gardenia 2 is a studio of 495 sq ft. It last sold for AED 360,000 on 20 Jan 2023. At AED 915 per sq ft, from 7 sales in the building in the last 12 months (studio), it is worth about AED 453,000 today.

Value todayAED 453,000AED 445,000 to AED 494,000
Last saleAED 360,00020 Jan 2023 · Resale
Change since last sale+25.8%Building trend alone: AED 562,599
Rent (median asking, studio)AED 50,944Gross yield 11.2%
Bedroomsstudio
Size495 sq ft
Floor3 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingGardenia 2 by DAMAC Properties, handed over 2019
Registered sales of this unit2

Every registered sale of unit 308

DatePriceSizeAED/sq ftType
20 Jan 2023AED 360,000495 sq ft727Resale
23 Feb 2022AED 250,000495 sq ft505Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4081 May 2025AED 1,265,0001,919 sq ft659Resale

Latest studio sales in Gardenia 2

UnitDatePriceSizeAED/sq ftType
31218 Sep 2026AED 510,000483 sq ft1,056Resale
32310 Jul 2026AED 520,000539 sq ft965Resale
3179 Jul 2026AED 430,000470 sq ft915Resale
30726 Jun 2026AED 510,000495 sq ft1,030Resale
30222 Dec 2025AED 550,000621 sq ft886Resale
12327 Oct 2025AED 485,000539 sq ft900Resale
20916 Oct 2025AED 495,000551 sq ft898Resale
G00710 Sep 2025AED 615,000642 sq ft958Resale

How we worked out the value

We took the 7 sales in Gardenia 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 915). We multiplied it by the size of this unit (495 sq ft). The range uses the middle half of those sales (AED 899 to AED 998 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 562,599. Floor, view, condition and upgrades can move the price either way. Sales data to 18 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 308 at Gardenia 2 worth?

About AED 453,000 (range AED 445,000 to AED 494,000), based on AED 915 per sq ft from registered sales up to 18 Sep 2026.

When did unit 308 last sell?

20 Jan 2023, for AED 360,000 (resale). It has 2 registered sales.

What rent can unit 308 make?

A studio in Gardenia 2 rents for about AED 50,944 a year (median asking rent). That is a gross yield of 11.2% on the estimate.

Sales alert for Gardenia 2All sales in Gardenia 2

Unit 307 · Unit 309