Unit 318, Florence 1: what it sold for and what it is worth now

Unit 318 at Florence 1 is a 1 bed of 922 sq ft. It last sold for AED 700,000 on 26 Aug 2025. At AED 740 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 682,000 today.

Value todayAED 682,000AED 658,000 to AED 693,000
Last saleAED 700,00026 Aug 2025 · Resale
Change since last sale-2.6%Building trend alone: AED 667,443
Rent (median asking, 1 bed)AED 69,999Gross yield 10.3%
Bedrooms1 bed
Size922 sq ft
Floor3 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingFlorence 1 by DAMAC Properties, handed over 2011
Registered sales of this unit2

Every registered sale of unit 318

DatePriceSizeAED/sq ftType
26 Aug 2025AED 700,000922 sq ft759Resale
5 Jun 2024AED 560,000922 sq ft607Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1184 Feb 2020AED 420,000915 sq ft459Resale

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
41031 Jul 2025AED 850,000922 sq ft922Resale
40921 May 2025AED 606,000992 sq ft611Resale
4101 Oct 2024AED 590,000922 sq ft640Resale
30810 Jun 2024AED 600,000966 sq ft621Resale

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 (922 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 667,443. 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 318 at Florence 1 worth?

About AED 682,000 (range AED 658,000 to AED 693,000), based on AED 740 per sq ft from registered sales up to 25 Sep 2026.

When did unit 318 last sell?

26 Aug 2025, for AED 700,000 (resale). It has 2 registered sales.

What rent can unit 318 make?

A 1 bed in Florence 1 rents for about AED 69,999 a year (median asking rent). That is a gross yield of 10.3% on the estimate.

Sales alert for Florence 1All sales in Florence 1

Unit 317 · Unit 401