Unit 208, Florence 1: what it sold for and what it is worth now

Unit 208 at Florence 1 is a 1 bed of 1,002 sq ft. It last sold for AED 700,000 on 3 Jun 2024. At AED 740 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 741,000 today.

Value todayAED 741,000AED 715,000 to AED 753,000
Last saleAED 700,0003 Jun 2024 · Resale
Change since last sale+5.9%Building trend alone: AED 776,856
Rent (median asking, 1 bed)AED 69,999Gross yield 9.4%
Bedrooms1 bed
Size1,002 sq ft
Floor2 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingFlorence 1 by DAMAC Properties, handed over 2011
Registered sales of this unit2

Every registered sale of unit 208

DatePriceSizeAED/sq ftType
3 Jun 2024AED 700,0001,002 sq ft699Resale
13 Dec 2022AED 447,0001,002 sq ft446Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30810 Jun 2024AED 600,000966 sq ft621Resale
40823 Aug 2023AED 400,000542 sq ft738Resale
4083 Aug 2022AED 330,000542 sq ft609Resale
40813 Apr 2022AED 310,000542 sq ft572Resale

Latest 1 bed sales in Florence 1

UnitDatePriceSizeAED/sq ftType
20325 Sep 2026AED 650,0001,009 sq ft644Resale
31116 Feb 2026AED 800,0001,086 sq ft737Resale
31414 Nov 2025AED 895,0001,205 sq ft743Resale
1129 Oct 2025AED 800,0001,027 sq ft779Resale
31826 Aug 2025AED 700,000922 sq ft759Resale
41031 Jul 2025AED 850,000922 sq ft922Resale
40921 May 2025AED 606,000992 sq ft611Resale
4101 Oct 2024AED 590,000922 sq ft640Resale

How we worked out the value

We took the 4 sales in Florence 1 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 740). We multiplied it by the size of this unit (1,002 sq ft). The range uses the middle half of those sales (AED 714 to AED 752 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 776,856. Floor, view, condition and upgrades can move the price either way. Sales data to 25 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 208 at Florence 1 worth?

About AED 741,000 (range AED 715,000 to AED 753,000), based on AED 740 per sq ft from registered sales up to 25 Sep 2026.

When did unit 208 last sell?

3 Jun 2024, for AED 700,000 (resale). It has 2 registered sales.

What rent can unit 208 make?

A 1 bed in Florence 1 rents for about AED 69,999 a year (median asking rent). That is a gross yield of 9.4% on the estimate.

Sales alert for Florence 1All sales in Florence 1

Unit 207 · Unit 210