Unit 307, Lolena residence: what it sold for and what it is worth now

Unit 307 at Lolena residence is a studio of 438 sq ft. It last sold for AED 230,000 on 28 Mar 2021. At AED 797 per sq ft, from 8 sales in the building in the last 12 months, it is worth about AED 349,000 today.

Value todayAED 349,000AED 326,000 to AED 385,000
Last saleAED 230,00028 Mar 2021 · Resale
Change since last sale+51.7%Building trend alone: AED 357,682
Rent (median asking, studio)AED 42,000Gross yield 12.0%
Bedroomsstudio
Size438 sq ft
Floor3 (from the unit number)
Position in the towerStack 07: units ending 07 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 307

DatePriceSizeAED/sq ftType
28 Mar 2021AED 230,000438 sq ft525Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40718 Sep 2024AED 700,0001,445 sq ft484Resale
4071 Jun 2022AED 606,7001,445 sq ft420Resale
10716 Feb 2022AED 240,000438 sq ft548Resale

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 (438 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 357,682. 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 307 at Lolena residence worth?

About AED 349,000 (range AED 326,000 to AED 385,000), based on AED 797 per sq ft from registered sales up to 20 Aug 2026.

When did unit 307 last sell?

28 Mar 2021, for AED 230,000 (resale). It has 1 registered sale.

What rent can unit 307 make?

A studio in Lolena residence rents for about AED 42,000 a year (median asking rent). That is a gross yield of 12.0% on the estimate.

Sales alert for Lolena residenceAll sales in Lolena residence

Unit 306 · Unit 309