Unit 116, LOCI Residences: what it sold for and what it is worth now

Unit 116 at LOCI Residences is a studio of 493 sq ft. It last sold for AED 696,000 on 3 Jul 2025. At AED 1,318 per sq ft, from 3 sales of units ending 16 (same position in the tower), it is worth about AED 650,000 today.

Value todayAED 650,000AED 638,000 to AED 673,000
Last saleAED 696,0003 Jul 2025 · Resale
Change since last sale-6.6%Building trend alone: AED 676,182
Rent (median asking, studio)AED 65,000Gross yield 10.0%
Bedroomsstudio
Size493 sq ft
Floor1 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingLOCI Residences by Lootah Real Estate Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit 116

DatePriceSizeAED/sq ftType
3 Jul 2025AED 696,000493 sq ft1,412Resale
12 Feb 2024AED 488,500493 sq ft991Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21613 Apr 2026AED 625,000493 sq ft1,268Resale
2163 Oct 2024AED 650,000493 sq ft1,318Resale
31619 Aug 2024AED 650,000493 sq ft1,318Resale
31631 Oct 2022AED 474,383493 sq ft962Off-plan
2166 Oct 2022AED 464,895493 sq ft943Off-plan

Latest studio sales in LOCI Residences

UnitDatePriceSizeAED/sq ftType
32321 Aug 2026AED 630,000494 sq ft1,275Resale
21912 May 2026AED 665,000493 sq ft1,349Resale
21613 Apr 2026AED 625,000493 sq ft1,268Resale
21112 Jan 2026AED 736,000494 sq ft1,490Resale
32420 Oct 2025AED 750,000493 sq ft1,521Resale
1089 Oct 2025AED 725,000482 sq ft1,504Resale
11719 Aug 2025AED 700,000500 sq ft1,400Resale
10916 Jul 2025AED 705,000489 sq ft1,442Resale

How we worked out the value

We took the 3 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,318). We multiplied it by the size of this unit (493 sq ft). The range uses the middle half of those sales (AED 1,293 to AED 1,365 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 676,182. Floor, view, condition and upgrades can move the price either way. Sales data to 10 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 116 at LOCI Residences worth?

About AED 650,000 (range AED 638,000 to AED 673,000), based on AED 1,318 per sq ft from registered sales up to 10 Sep 2026.

When did unit 116 last sell?

3 Jul 2025, for AED 696,000 (resale). It has 2 registered sales.

What rent can unit 116 make?

A studio in LOCI Residences rents for about AED 65,000 a year (median asking rent). That is a gross yield of 10.0% on the estimate.

Sales alert for LOCI ResidencesAll sales in LOCI Residences

Unit 115 · Unit 117