Official imagery, floor plans and the full brochure for Lolena Residence are available on request. We publish only developer-supplied media we are licensed to use.
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About Lolena Residence
Lolena Residence is a five-storey residential building by Al Masarat Real Estate Development, set in District 12 of Jumeirah Village Circle.
Recent one-bedroom resale listings sit at roughly AED 675,000 to AED 720,000, with recorded one-bedroom transactions between AED 600,000 and AED 725,000 through 2025 and 2026.
The building is completed and fully occupied, offering immediate ownership and an established rental profile.
At a glance
Lolena Residence key facts
- Developer
- Al Masarat Real Estate Development
- Community
- Jumeirah Village Circle
- Status
- Handover soon
- Handover
- To be confirmed
- Starting price
- AED 675K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Lolena Residence
- 01
Agree the price
Agree terms with the seller of a unit at Lolena Residence, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Al Masarat Real Estate Development issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Low-rise, intimate residential setting
- Ready units with a visible transaction history
- Central District 12 position within JVC
What to weigh
- No developer price list is published; figures come from resale portals
- Older 2021 starting prices quoted online are no longer representative
FAQ
Lolena Residence — frequently asked questions
What is the starting price of Lolena Residence?
Published pricing at Lolena Residence starts from AED 675K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Lolena Residence?
A handover date for Lolena Residence has not been publicly confirmed.
Who is the developer of Lolena Residence?
Lolena Residence is developed by Al Masarat Real Estate Development in Jumeirah Village Circle, Dubai.
What unit types are available at Lolena Residence?
Lolena Residence offers Studio, 1 Bedroom, 2 Bedroom.
Where is Lolena Residence located?
Lolena Residence is in Jumeirah Village Circle, Dubai.
Can foreigners buy at Lolena Residence?
Yes. Jumeirah Village Circle is a freehold area, so buyers of any nationality can own property at Lolena Residence outright.
Does buying at Lolena Residence qualify for the UAE Golden Visa?
The entry price of AED 675K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Lolena Residence?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 27K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Lolena Residence?
MRK Real Estate advises on primary purchases and resales at Lolena Residence. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Al Masarat Real Estate Development before any transaction.
