Unit 218, Lolena residence: what it sold for and what it is worth now

Unit 218 at Lolena residence is a studio of 375 sq ft. It last sold for AED 275,000 on 8 Mar 2023. At AED 797 per sq ft, from 8 sales in the building in the last 12 months, it is worth about AED 299,000 today.

Value todayAED 299,000AED 279,000 to AED 329,000
Last saleAED 275,0008 Mar 2023 · Resale
Change since last sale+8.7%Building trend alone: AED 429,551
Rent (median asking, studio)AED 42,000Gross yield 14.0%
Bedroomsstudio
Size375 sq ft
Floor2 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingLolena residence by Al Masarat Real Estate, handed over 2019
Registered sales of this unit2

Every registered sale of unit 218

DatePriceSizeAED/sq ftType
8 Mar 2023AED 275,000375 sq ft733Resale
28 Feb 2023AED 200,000375 sq ft533Resale

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
11315 Feb 2023AED 300,000479 sq ft626Resale
10116 Jan 2023AED 280,000526 sq ft532Resale
31413 Sep 2022AED 285,000502 sq ft568Resale
10716 Feb 2022AED 240,000438 sq ft548Resale
40129 Aug 2021AED 250,000406 sq ft616Resale

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 (375 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 429,551. 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 218 at Lolena residence worth?

About AED 299,000 (range AED 279,000 to AED 329,000), based on AED 797 per sq ft from registered sales up to 20 Aug 2026.

When did unit 218 last sell?

8 Mar 2023, for AED 275,000 (resale). It has 2 registered sales.

What rent can unit 218 make?

A studio in Lolena residence rents for about AED 42,000 a year (median asking rent). That is a gross yield of 14.0% on the estimate.

Sales alert for Lolena residenceAll sales in Lolena residence

Unit 214 · Unit 219