Unit 401, Lolena residence: what it sold for and what it is worth now

Unit 401 at Lolena residence is a studio of 406 sq ft. It last sold for AED 250,000 on 29 Aug 2021. At AED 797 per sq ft, from 8 sales in the building in the last 12 months, it is worth about AED 324,000 today.

Value todayAED 324,000AED 303,000 to AED 357,000
Last saleAED 250,00029 Aug 2021 · Resale
Change since last sale+29.6%Building trend alone: AED 423,050
Rent (median asking, studio)AED 42,000Gross yield 13.0%
Bedroomsstudio
Size406 sq ft
Floor4 (from the unit number)
Position in the towerStack 01: units ending 01 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 401

DatePriceSizeAED/sq ftType
29 Aug 2021AED 250,000406 sq ft616Resale
11 Oct 2020AED 449,804406 sq ft1,108Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10116 Jan 2023AED 280,000526 sq ft532Resale

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 (406 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 423,050. 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 401 at Lolena residence worth?

About AED 324,000 (range AED 303,000 to AED 357,000), based on AED 797 per sq ft from registered sales up to 20 Aug 2026.

When did unit 401 last sell?

29 Aug 2021, for AED 250,000 (resale). It has 2 registered sales.

What rent can unit 401 make?

A studio in Lolena residence rents for about AED 42,000 a year (median asking rent). That is a gross yield of 13.0% on the estimate.

Sales alert for Lolena residenceAll sales in Lolena residence

Unit 321 · Unit 402