Unit 116 at Florence 1 is a studio of 541 sq ft. It last sold for AED 510,000 on 10 Sep 2025. At AED 896 per sq ft, from 3 sales of units ending 16 (same position in the tower), it is worth about AED 485,000 today.
| Bedrooms | studio |
|---|---|
| Size | 541 sq ft |
| Floor | 1 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 share the same layout and view |
| Building | Florence 1 by DAMAC Properties, handed over 2011 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 10 Sep 2025 | AED 510,000 | 541 sq ft | 943 | Resale |
| 24 Jun 2025 | AED 430,000 | 541 sq ft | 795 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 316 | 31 Mar 2026 | AED 485,000 | 541 sq ft | 896 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 316 | 31 Mar 2026 | AED 485,000 | 541 sq ft | 896 | Resale |
| 210 | 11 Feb 2025 | AED 400,000 | 505 sq ft | 792 | Resale |
| 207 | 21 Nov 2024 | AED 550,000 | 601 sq ft | 915 | Resale |
| 207 | 29 Feb 2024 | AED 450,000 | 601 sq ft | 749 | Resale |
| 408 | 23 Aug 2023 | AED 400,000 | 542 sq ft | 738 | Resale |
| 204 | 8 Aug 2023 | AED 300,000 | 560 sq ft | 536 | Resale |
| 305 | 10 Mar 2023 | AED 325,000 | 596 sq ft | 545 | Resale |
| 304 | 20 Jan 2023 | AED 305,000 | 564 sq ft | 541 | Resale |
We took the 3 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 896). We multiplied it by the size of this unit (541 sq ft). The range uses the middle half of those sales (AED 846 to AED 920 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 486,280. Floor, view, condition and upgrades can move the price either way. Sales data to 25 Sep 2026, from the Dubai Land Department register.
About AED 485,000 (range AED 457,000 to AED 498,000), based on AED 896 per sq ft from registered sales up to 25 Sep 2026.
10 Sep 2025, for AED 510,000 (resale). It has 2 registered sales.
A studio in Florence 1 rents for about AED 40,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.