Unit 407, Lavender 1: what it sold for and what it is worth now

Unit 407 at Lavender 1 is a 2 bed of 1,879 sq ft. It last sold for AED 1,100,000 on 9 Jan 2024. At AED 855 per sq ft, from 16 sales in the building in the last 24 months, it is worth about AED 1,607,000 today.

Value todayAED 1,607,000AED 1,400,000 to AED 1,819,000
Last saleAED 1,100,0009 Jan 2024 · Resale
Change since last sale+46.1% 
Bedrooms2 bed
Size1,879 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingLavender 1 by DAMAC Properties, handed over 2010
Registered sales of this unit1

Every registered sale of unit 407

DatePriceSizeAED/sq ftType
9 Jan 2024AED 1,100,0001,879 sq ft585Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30730 Jun 2026AED 535,000538 sq ft994Resale
1075 Feb 2025AED 450,000535 sq ft841Resale
10717 Apr 2023AED 345,000535 sq ft645Resale
20715 Mar 2023AED 320,000508 sq ft630Resale

How we worked out the value

We took the 16 sales in Lavender 1 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 855). We multiplied it by the size of this unit (1,879 sq ft). The range uses the middle half of those sales (AED 745 to AED 968 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.

Questions

What is unit 407 at Lavender 1 worth?

About AED 1,607,000 (range AED 1,400,000 to AED 1,819,000), based on AED 855 per sq ft from registered sales up to 18 Aug 2026.

When did unit 407 last sell?

9 Jan 2024, for AED 1,100,000 (resale). It has 1 registered sale.

Sales alert for Lavender 1All sales in Lavender 1

Unit 403 · Unit 408