Unit 308 at Lavender 1 is a studio of 482 sq ft. It last sold for AED 300,000 on 9 Nov 2021. At AED 959 per sq ft, from 9 sales in the building in the last 24 months (studio), it is worth about AED 462,000 today.
| Bedrooms | studio |
|---|---|
| Size | 482 sq ft |
| Floor | 3 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 share the same layout and view |
| Building | Lavender 1 by DAMAC Properties, handed over 2010 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 9 Nov 2021 | AED 300,000 | 482 sq ft | 622 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 408 | 14 Apr 2025 | AED 735,000 | 1,039 sq ft | 707 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 307 | 30 Jun 2026 | AED 535,000 | 538 sq ft | 994 | Resale |
| 306 | 29 Oct 2025 | AED 510,000 | 480 sq ft | 1,063 | Resale |
| 315 | 11 Aug 2025 | AED 500,000 | 473 sq ft | 1,057 | Resale |
| 119 | 9 Jul 2025 | AED 500,000 | 539 sq ft | 928 | Resale |
| 205 | 5 May 2025 | AED 565,000 | 469 sq ft | 1,205 | Resale |
| 205 | 2 May 2025 | AED 450,000 | 469 sq ft | 959 | Resale |
| 410 | 25 Feb 2025 | AED 460,000 | 529 sq ft | 870 | Resale |
| 107 | 5 Feb 2025 | AED 450,000 | 535 sq ft | 841 | Resale |
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 (482 sq ft). The range uses the middle half of those sales (AED 899 to AED 1,057 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 18 Aug 2026, from the Dubai Land Department register.
About AED 462,000 (range AED 433,000 to AED 510,000), based on AED 959 per sq ft from registered sales up to 18 Aug 2026.
9 Nov 2021, for AED 300,000 (resale). It has 1 registered sale.
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.