Unit 204, Florence 2: what it sold for and what it is worth now

Unit 204 at Florence 2 is a studio of 561 sq ft. It last sold for AED 555,000 on 12 Feb 2024. At AED 776 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 435,000 today.

Value todayAED 435,000AED 416,000 to AED 478,000
Last saleAED 555,00012 Feb 2024 · Resale
Change since last sale-21.6%Building trend alone: AED 750,420
Rent (median asking, studio)AED 60,000Gross yield 13.8%
Bedroomsstudio
Size561 sq ft
Floor2 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingFlorence 2 by DAMAC Properties, handed over 2011
Registered sales of this unit3

Every registered sale of unit 204

DatePriceSizeAED/sq ftType
12 Feb 2024AED 555,000561 sq ft989Resale
4 Sep 2023AED 445,000561 sq ft793Resale
27 Oct 2021AED 350,000561 sq ft624Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10428 Dec 2022AED 375,000575 sq ft652Resale
40411 Nov 2022AED 1,150,0002,537 sq ft453Resale
10414 Jul 2021AED 250,000575 sq ft435Resale

Latest studio sales in Florence 2

UnitDatePriceSizeAED/sq ftType
G099 Oct 2026AED 430,300608 sq ft708Resale
G0726 Dec 2025AED 585,000631 sq ft927Resale
10615 Dec 2025AED 474,770612 sq ft776Resale
1108 Aug 2025AED 450,000505 sq ft891Resale
3136 Feb 2025AED 470,000502 sq ft936Resale
G0728 Nov 2024AED 578,000631 sq ft916Resale
31031 Oct 2024AED 475,000505 sq ft941Resale
30630 Oct 2024AED 495,000596 sq ft831Resale

How we worked out the value

We took the 3 sales in Florence 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 776). We multiplied it by the size of this unit (561 sq ft). The range uses the middle half of those sales (AED 742 to AED 851 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 750,420. 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 204 at Florence 2 worth?

About AED 435,000 (range AED 416,000 to AED 478,000), based on AED 776 per sq ft from registered sales up to 9 Oct 2026.

When did unit 204 last sell?

12 Feb 2024, for AED 555,000 (resale). It has 3 registered sales.

What rent can unit 204 make?

A studio in Florence 2 rents for about AED 60,000 a year (median asking rent). That is a gross yield of 13.8% on the estimate.

Sales alert for Florence 2All sales in Florence 2

Unit 201 · Unit 205