Unit 224, LOCI Residences: what it sold for and what it is worth now

Unit 224 at LOCI Residences is a studio of 493 sq ft. It last sold for AED 550,000 on 12 Jul 2024. At AED 1,419 per sq ft, from 6 sales in the building in the last 12 months (studio), it is worth about AED 700,000 today.

Value todayAED 700,000AED 638,000 to AED 740,000
Last saleAED 550,00012 Jul 2024 · Resale
Change since last sale+27.3%Building trend alone: AED 573,878
Rent (median asking, studio)AED 65,000Gross yield 9.3%
Bedroomsstudio
Size493 sq ft
Floor2 (from the unit number)
Position in the towerStack 24: units ending 24 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 224

DatePriceSizeAED/sq ftType
12 Jul 2024AED 550,000493 sq ft1,116Resale
29 Oct 2022AED 478,231493 sq ft970Off-plan

Units ending 24 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32420 Oct 2025AED 750,000493 sq ft1,521Resale
12412 Sep 2024AED 600,000493 sq ft1,217Resale
12412 Feb 2024AED 523,115493 sq ft1,061Off-plan
32420 Feb 2023AED 478,321493 sq ft970Off-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 6 sales in LOCI Residences in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,419). We multiplied it by the size of this unit (493 sq ft). The range uses the middle half of those sales (AED 1,294 to AED 1,501 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 573,878. 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 224 at LOCI Residences worth?

About AED 700,000 (range AED 638,000 to AED 740,000), based on AED 1,419 per sq ft from registered sales up to 10 Sep 2026.

When did unit 224 last sell?

12 Jul 2024, for AED 550,000 (resale). It has 2 registered sales.

What rent can unit 224 make?

A studio in LOCI Residences rents for about AED 65,000 a year (median asking rent). That is a gross yield of 9.3% on the estimate.

Sales alert for LOCI ResidencesAll sales in LOCI Residences

Unit 223 · Unit 225