Unit 305 at Florence 1 is a studio of 596 sq ft. It last sold for AED 325,000 on 10 Mar 2023. At AED 896 per sq ft, from 5 sales in the building in the last 24 months (studio), it is worth about AED 534,000 today.
| Bedrooms | studio |
|---|---|
| Size | 596 sq ft |
| Floor | 3 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 share the same layout and view |
| Building | Florence 1 by DAMAC Properties, handed over 2011 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 10 Mar 2023 | AED 325,000 | 596 sq ft | 545 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 405 | 16 May 2025 | AED 2,005,000 | 1,972 sq ft | 1,017 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 316 | 31 Mar 2026 | AED 485,000 | 541 sq ft | 896 | Resale |
| 116 | 10 Sep 2025 | AED 510,000 | 541 sq ft | 943 | Resale |
| 116 | 24 Jun 2025 | AED 430,000 | 541 sq ft | 795 | 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 |
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 (596 sq ft). The range uses the middle half of those sales (AED 795 to AED 915 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 459,766. 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 534,000 (range AED 474,000 to AED 545,000), based on AED 896 per sq ft from registered sales up to 25 Sep 2026.
10 Mar 2023, for AED 325,000 (resale). It has 1 registered sale.
A studio in Florence 1 rents for about AED 40,000 a year (median asking rent). That is a gross yield of 7.5% on the estimate.