Unit 213, Florence 1: what it sold for and what it is worth now

Unit 213 at Florence 1 is a studio of 502 sq ft. It last sold for AED 260,000 on 28 Dec 2020. At AED 896 per sq ft, from 5 sales in the building in the last 24 months (studio), it is worth about AED 450,000 today.

Value todayAED 450,000AED 399,000 to AED 459,000
Last saleAED 260,00028 Dec 2020 · Resale
Change since last sale+73.1% 
Rent (median asking, studio)AED 40,000Gross yield 8.9%
Bedroomsstudio
Size502 sq ft
Floor2 (from the unit number)
Position in the towerStack 13: units ending 13 share the same layout and view
BuildingFlorence 1 by DAMAC Properties, handed over 2011
Registered sales of this unit1

Every registered sale of unit 213

DatePriceSizeAED/sq ftType
28 Dec 2020AED 260,000502 sq ft518Resale

Latest studio sales in Florence 1

UnitDatePriceSizeAED/sq ftType
31631 Mar 2026AED 485,000541 sq ft896Resale
11610 Sep 2025AED 510,000541 sq ft943Resale
11624 Jun 2025AED 430,000541 sq ft795Resale
21011 Feb 2025AED 400,000505 sq ft792Resale
20721 Nov 2024AED 550,000601 sq ft915Resale
20729 Feb 2024AED 450,000601 sq ft749Resale
40823 Aug 2023AED 400,000542 sq ft738Resale
2048 Aug 2023AED 300,000560 sq ft536Resale

How we worked out the value

We took the 5 sales in Florence 1 in the last 24 months (studio), 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 (502 sq ft). The range uses the middle half of those sales (AED 795 to AED 915 per sq ft). 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 213 at Florence 1 worth?

About AED 450,000 (range AED 399,000 to AED 459,000), based on AED 896 per sq ft from registered sales up to 25 Sep 2026.

When did unit 213 last sell?

28 Dec 2020, for AED 260,000 (resale). It has 1 registered sale.

What rent can unit 213 make?

A studio in Florence 1 rents for about AED 40,000 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

Sales alert for Florence 1All sales in Florence 1

Unit 210 · Unit 304