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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · Lolena Residence, JVC

Lolena Residence, JVC

Lolena Residence is a five-storey residential building in JVC District 12, Jumeirah Village Circle, developed by Al Masarat Real Estate and completed in 2019. It has 97 studios, one-bedroom and two-bedroom apartments, a pool, a gym, a Jacuzzi and a sauna and steam room. This guide covers its unit types, amenities, location and Dubai Land Department sale prices for owners weighing a short-let against a long-let.

Developer

Al Masarat Real Estate

Storeys

5

Units

97 apartments

Unit mix

Studios, 1 and 2-bedroom apartments

Completed

July 2019

Location

JVC District 12, Jumeirah Village Circle

White low-rise apartment building with balconies under a bright blue sky and white clouds

About Lolena Residence

Lolena Residence is a five-storey freehold residential building in JVC District 12, Jumeirah Village Circle, developed by Al Masarat Real Estate. Propsearch.ae records construction starting in May 2009, an estimated handover of December 2009 and completion in July 2019, a long build. The architectural consultant was Federal Engineering Consultants.

Dubricks counts 97 units on a plot of 7,340 sq m and lists the project as completed and mature. Bayut.com describes spacious studio, one-bedroom and two-bedroom apartments, while propsearch.ae also mentions three-bedroom units, which no other source confirms.

Developer (Al Masarat), storeys (5), unit types and freehold status confirmed by propsearch.ae, bayut.com and dubricks.com. Unit count (97) from dubricks.com only. Completion from propsearch.ae, with dubricks.com giving the same month as its anticipated date. Disclosed conflict: propsearch.ae mentions three-bedroom units, bayut.com and dubricks.com do not. DXB Interact returned no page for this building. Propsearch.ae is the primary source, and its Dubai Land Department transaction records back the pricing below. All live-checked 2026-09-23.


Location and Nearby Landmarks

Lolena Residence sits in JVC District 12, next to a run of small parks: Thamam Park is about 0.1 km away and Henna Park and Halool Park about 0.2 km. Dubricks places it on Lolow Road and Adham Boulevard.

Cinepolis at Circle Mall is about 1.0 km away, Reel Cinemas at The Springs Souk 2.4 km and The Els Golf Club 2.3 km. Gloria H.E. Hotel Apartments is the nearest hotel at 0.5 km, and Dubai Miracle Garden is about 3.1 km away. For the wider picture of the district, see Royale Stays' Airbnb management in JVC page.

Nearby parks, cinemas, hotels and attractions sourced from propsearch.ae, street names from dubricks.com. Used as location colour rather than a load-bearing fact. Live-checked 2026-09-23.


Unit Types and Sizes

Lolena Residence offers studios, one-bedroom and two-bedroom apartments, with one-bedroom units making up most of the recent sales.

Recent Dubai Land Department sales are one-bedroom units of 640, 724, 780, 814, 823 and 1,072 sq ft and a 1,527 sq ft two-bedroom. The spread in one-bedroom sizes is wide, which reflects the building's many layout types.

Unit types from bayut.com and dubricks.com, which lists numbered layout types. Transaction sizes from propsearch.ae's Dubai Land Department records. No source gave a unit split by bedroom. Live-checked 2026-09-23.


Amenities

The facilities list is strong for a five-storey building, with a full spa-style set beside the pool.

Propsearch.ae lists a swimming pool, a gymnasium, a Jacuzzi, a steam and sauna room, basement car parking and 24-hour security. Bayut.com adds high-speed elevators and CCTV, and dubricks.com lists a kids play area, a jogging track and a pet lounge with a veterinary clinic.

Amenity list from propsearch.ae, bayut.com and dubricks.com, which broadly agree. All are portal-authored descriptions, so confirm a specific facility with the building before relying on it. Live-checked 2026-09-23.


Transportation and Access

Lolena Residence is a car-first location, like most of JVC.

By car, it takes roughly 21 minutes to reach Dubai Mall, 16 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 20 minutes to The Walk JBR. Dubai International Airport (DXB) is roughly 27 minutes away and Al Maktoum International Airport (DWC) roughly 33 minutes.

Drive times from propsearch.ae, Google Maps-calculated, fastest route in typical traffic. Live-checked 2026-09-23.


Price Guide: Sales at Lolena Residence

Recent Dubai Land Department sale records for Lolena Residence, filtered to genuine Sale-type transactions, show one-bedroom apartments at AED 525,000 to AED 725,000 and a two-bedroom at AED 1,027,792 between October 2025 and August 2026. Propsearch.ae lists 50 sale transaction records for the building, of which the ten most recent are visible without an account.

Seven of those ten are sales: a 640 sq ft one-bedroom at AED 525,000 on 20 August 2026 (AED 821 per sq ft), a 1,527 sq ft two-bedroom at AED 1,027,792 on 15 June (AED 673), a 780 sq ft one-bedroom at AED 600,000 on 7 May (AED 769), a 1,072 sq ft one-bedroom at AED 690,000 on 13 March (AED 644), a 724 sq ft one-bedroom at AED 725,000 on 27 February (AED 1,001), an 814 sq ft one-bedroom at AED 630,000 on 23 October 2025 (AED 774) and an 823 sq ft one-bedroom at AED 725,000 on 14 October (AED 881). Use Royale Stays' Dubai property ROI calculator to test a purchase price against expected returns.

Sale prices from propsearch.ae's structured Transaction Type and Building Name fields, Building Name LOLENA on all ten visible records. Excluded as not being sales: three Mortgage Registrations (AED 552,000, 580,000 and 432,000). The sample holds no studio sale, and the per sq ft figures range widely, so treat single records with care. No median or service-charge figure was found for the building. Live-checked 2026-09-23.


Airbnb Income Potential at Lolena Residence

Lolena Residence is a residential building with no hotel operator, so the standard route applies: the owner holds the title, the unit is registered as a holiday home with the Dubai Department of Economy and Tourism, and Royale Stays handles the application, the furnishing plan, photography, pricing, guest check-in, communications and maintenance under a management fee from 15%. Our Airbnb management in JVC page covers how that works across the community, and the wider Airbnb property management in Dubai guide covers the service in full.

What works in its favour: a pool, a spa-style set of facilities, parks on the doorstep, a pet-friendly setting and a studio to two-bedroom mix that suits couples and small groups. What works against it: it is a car-first location, and a low-rise building without a skyline view.

Royale Stays does not publish building-specific earnings for Lolena Residence, and no figure on this page should be read as one. JVC is not one of Royale Stays' five core managed areas. If you own here and want a comparison of a furnished short-let against a long-let for your actual unit, the number to call is +971 56 642 4239.



Questions

Frequently Asked Questions

Lolena Residence is a five-storey freehold residential building in JVC District 12, Jumeirah Village Circle, developed by Al Masarat Real Estate and completed in 2019, with studios, one-bedroom and two-bedroom apartments.
Al Masarat Real Estate, named by propsearch.ae, bayut.com and dubricks.com. Propsearch.ae gives Federal Engineering Consultants as the architectural consultant.
Dubricks counts 97 units. No other source gave a unit count, and propsearch.ae alone mentions three-bedroom units, so the bedroom split is not confirmed.
Dubai Land Department sale records from October 2025 to August 2026 show one-bedroom apartments at AED 525,000 to AED 725,000 and a two-bedroom at AED 1,027,792.
Yes, with a DTCM holiday home permit and building approval. Royale Stays manages short-term rentals from a 15% fee, but JVC is not one of its five core areas, so this guide makes no earnings claim for the building.