Unit 405 at Florence 1 is a 2 bed of 1,972 sq ft. It last sold for AED 2,005,000 on 16 May 2025. At AED 786 per sq ft, from 14 sales in the building in the last 24 months, it is worth about AED 1,549,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,972 sq ft |
| Floor | 4 (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 |
|---|---|---|---|---|
| 16 May 2025 | AED 2,005,000 | 1,972 sq ft | 1,017 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 305 | 10 Mar 2023 | AED 325,000 | 596 sq ft | 545 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 403 | 19 May 2023 | AED 1,010,000 | 2,033 sq ft | 497 | Resale |
| 404 | 27 Sep 2022 | AED 1,075,000 | 2,553 sq ft | 421 | Resale |
We took the 14 sales in Florence 1 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 786). We multiplied it by the size of this unit (1,972 sq ft). The range uses the middle half of those sales (AED 738 to AED 910 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,876,851. 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 1,549,000 (range AED 1,456,000 to AED 1,795,000), based on AED 786 per sq ft from registered sales up to 25 Sep 2026.
16 May 2025, for AED 2,005,000 (resale). It has 1 registered sale.
A 2 bed in Florence 1 rents for about AED 119,995 a year (median asking rent). That is a gross yield of 7.7% on the estimate.