Unit 104, Lavender 1: what it sold for and what it is worth now

Unit 104 at Lavender 1 is a 1 bed of 1,012 sq ft. It last sold for AED 510,000 on 26 May 2023. At AED 732 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 740,000 today.

Value todayAED 740,000AED 702,000 to AED 777,000
Last saleAED 510,00026 May 2023 · Resale
Change since last sale+45.1%Building trend alone: AED 678,562
Rent (median asking, 1 bed)AED 59,997Gross yield 8.1%
Bedrooms1 bed
Size1,012 sq ft
Floor1 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingLavender 1 by DAMAC Properties, handed over 2010
Registered sales of this unit1

Every registered sale of unit 104

DatePriceSizeAED/sq ftType
26 May 2023AED 510,0001,012 sq ft504Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
G00418 Aug 2026AED 800,0001,214 sq ft659Resale

Latest 1 bed sales in Lavender 1

UnitDatePriceSizeAED/sq ftType
G00418 Aug 2026AED 800,0001,214 sq ft659Resale
30230 Jul 2026AED 684,392903 sq ft758Resale
10312 Jan 2026AED 690,000865 sq ft798Resale
G00224 Sep 2025AED 800,0001,134 sq ft705Resale
40814 Apr 2025AED 735,0001,039 sq ft707Resale
3164 Feb 2025AED 790,0001,043 sq ft757Resale
10327 Sep 2024AED 545,000865 sq ft630Resale
2105 Jun 2024AED 580,000876 sq ft662Resale

How we worked out the value

We took the 4 sales in Lavender 1 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 732). We multiplied it by the size of this unit (1,012 sq ft). The range uses the middle half of those sales (AED 694 to AED 768 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 678,562. Floor, view, condition and upgrades can move the price either way. Sales data to 18 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 104 at Lavender 1 worth?

About AED 740,000 (range AED 702,000 to AED 777,000), based on AED 732 per sq ft from registered sales up to 18 Aug 2026.

When did unit 104 last sell?

26 May 2023, for AED 510,000 (resale). It has 1 registered sale.

What rent can unit 104 make?

A 1 bed in Lavender 1 rents for about AED 59,997 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

Sales alert for Lavender 1All sales in Lavender 1

Unit 103 · Unit 106