Unit 306, Lavender 1: what it sold for and what it is worth now

Unit 306 at Lavender 1 is a studio of 480 sq ft. It last sold for AED 510,000 on 29 Oct 2025. At AED 959 per sq ft, from 9 sales in the building in the last 24 months (studio), it is worth about AED 461,000 today.

Value todayAED 461,000AED 431,000 to AED 507,000
Last saleAED 510,00029 Oct 2025 · Resale
Change since last sale-9.6%Building trend alone: AED 413,426
Rent (median asking, studio)AED 42,500Gross yield 9.2%
Bedroomsstudio
Size480 sq ft
Floor3 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingLavender 1 by DAMAC Properties, handed over 2010
Registered sales of this unit1

Every registered sale of unit 306

DatePriceSizeAED/sq ftType
29 Oct 2025AED 510,000480 sq ft1,063Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10623 Sep 2022AED 365,000534 sq ft684Resale

Latest studio sales in Lavender 1

UnitDatePriceSizeAED/sq ftType
30730 Jun 2026AED 535,000538 sq ft994Resale
31511 Aug 2025AED 500,000473 sq ft1,057Resale
1199 Jul 2025AED 500,000539 sq ft928Resale
2055 May 2025AED 565,000469 sq ft1,205Resale
2052 May 2025AED 450,000469 sq ft959Resale
41025 Feb 2025AED 460,000529 sq ft870Resale
1075 Feb 2025AED 450,000535 sq ft841Resale
11511 Dec 2024AED 425,000473 sq ft899Resale

How we worked out the value

We took the 9 sales in Lavender 1 in the last 24 months (studio), worked out the price per sq ft of each, and used the middle value (AED 959). We multiplied it by the size of this unit (480 sq ft). The range uses the middle half of those sales (AED 899 to AED 1,057 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 413,426. 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 306 at Lavender 1 worth?

About AED 461,000 (range AED 431,000 to AED 507,000), based on AED 959 per sq ft from registered sales up to 18 Aug 2026.

When did unit 306 last sell?

29 Oct 2025, for AED 510,000 (resale). It has 1 registered sale.

What rent can unit 306 make?

A studio in Lavender 1 rents for about AED 42,500 a year (median asking rent). That is a gross yield of 9.2% on the estimate.

Sales alert for Lavender 1All sales in Lavender 1

Unit 302 · Unit 307