Unit 201, Florence 2: what it sold for and what it is worth now

Unit 201 at Florence 2 is a 1 bed of 837 sq ft. It last sold for AED 535,000 on 27 Oct 2023. At AED 711 per sq ft, from 3 sales in the building in the last 24 months (1 bed), it is worth about AED 595,000 today.

Value todayAED 595,000AED 571,000 to AED 597,000
Last saleAED 535,00027 Oct 2023 · Resale
Change since last sale+11.2%Building trend alone: AED 745,986
Rent (median asking, 1 bed)AED 64,999Gross yield 10.9%
Bedrooms1 bed
Size837 sq ft
Floor2 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingFlorence 2 by DAMAC Properties, handed over 2011
Registered sales of this unit1

Every registered sale of unit 201

DatePriceSizeAED/sq ftType
27 Oct 2023AED 535,000837 sq ft639Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40128 Nov 2022AED 530,000837 sq ft633Resale
30118 Mar 2022AED 390,000837 sq ft466Resale

Latest 1 bed sales in Florence 2

UnitDatePriceSizeAED/sq ftType
2087 Oct 2026AED 680,0001,040 sq ft654Resale
21720 Aug 2025AED 710,000992 sq ft716Resale
1173 Feb 2025AED 705,000992 sq ft711Resale
30920 Aug 2024AED 720,000963 sq ft748Resale
31513 Jun 2024AED 675,0001,185 sq ft570Resale
40920 Mar 2024AED 550,000992 sq ft554Resale
21126 Feb 2024AED 640,0001,086 sq ft589Resale
21127 Sep 2023AED 550,0001,086 sq ft506Resale

How we worked out the value

We took the 3 sales in Florence 2 in the last 24 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 711). We multiplied it by the size of this unit (837 sq ft). The range uses the middle half of those sales (AED 682 to AED 713 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 745,986. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 201 at Florence 2 worth?

About AED 595,000 (range AED 571,000 to AED 597,000), based on AED 711 per sq ft from registered sales up to 9 Oct 2026.

When did unit 201 last sell?

27 Oct 2023, for AED 535,000 (resale). It has 1 registered sale.

What rent can unit 201 make?

A 1 bed in Florence 2 rents for about AED 64,999 a year (median asking rent). That is a gross yield of 10.9% on the estimate.

Sales alert for Florence 2All sales in Florence 2

Unit 117 · Unit 204