Unit 114, Lolena residence: what it sold for and what it is worth now

Unit 114 at Lolena residence is a studio of 502 sq ft. It last sold for AED 258,354 on 26 Jul 2021. At AED 797 per sq ft, from 8 sales in the building in the last 12 months, it is worth about AED 400,000 today.

Value todayAED 400,000AED 374,000 to AED 441,000
Last saleAED 258,35426 Jul 2021 · Resale
Change since last sale+54.8%Building trend alone: AED 437,187
Rent (median asking, studio)AED 42,000Gross yield 10.5%
Bedroomsstudio
Size502 sq ft
Floor1 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingLolena residence by Al Masarat Real Estate, handed over 2019
Registered sales of this unit1

Every registered sale of unit 114

DatePriceSizeAED/sq ftType
26 Jul 2021AED 258,354502 sq ft515Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21417 Apr 2025AED 477,000502 sq ft950Resale
21415 Aug 2023AED 340,000502 sq ft677Resale
31413 Sep 2022AED 285,000502 sq ft568Resale

Latest studio sales in Lolena residence

UnitDatePriceSizeAED/sq ftType
21417 Apr 2025AED 477,000502 sq ft950Resale
21311 Jun 2024AED 465,000479 sq ft971Resale
21415 Aug 2023AED 340,000502 sq ft677Resale
2188 Mar 2023AED 275,000375 sq ft733Resale
21828 Feb 2023AED 200,000375 sq ft533Resale
11315 Feb 2023AED 300,000479 sq ft626Resale
10116 Jan 2023AED 280,000526 sq ft532Resale
31413 Sep 2022AED 285,000502 sq ft568Resale

How we worked out the value

We took the 8 sales in Lolena residence in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 797). We multiplied it by the size of this unit (502 sq ft). The range uses the middle half of those sales (AED 745 to AED 879 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 437,187. Floor, view, condition and upgrades can move the price either way. Sales data to 20 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 114 at Lolena residence worth?

About AED 400,000 (range AED 374,000 to AED 441,000), based on AED 797 per sq ft from registered sales up to 20 Aug 2026.

When did unit 114 last sell?

26 Jul 2021, for AED 258,354 (resale). It has 1 registered sale.

What rent can unit 114 make?

A studio in Lolena residence rents for about AED 42,000 a year (median asking rent). That is a gross yield of 10.5% on the estimate.

Sales alert for Lolena residenceAll sales in Lolena residence

Unit 113 · Unit 115