Unit 216, Florence 2: what it sold for and what it is worth now

Unit 216 at Florence 2 is a studio of 541 sq ft. It last sold for AED 295,000 on 4 Nov 2021. At AED 776 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 420,000 today.

Value todayAED 420,000AED 401,000 to AED 461,000
Last saleAED 295,0004 Nov 2021 · Resale
Change since last sale+42.4%Building trend alone: AED 520,382
Rent (median asking, studio)AED 60,000Gross yield 14.3%
Bedroomsstudio
Size541 sq ft
Floor2 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingFlorence 2 by DAMAC Properties, handed over 2011
Registered sales of this unit1

Every registered sale of unit 216

DatePriceSizeAED/sq ftType
4 Nov 2021AED 295,000541 sq ft545Resale

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 (541 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 520,382. 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 216 at Florence 2 worth?

About AED 420,000 (range AED 401,000 to AED 461,000), based on AED 776 per sq ft from registered sales up to 9 Oct 2026.

When did unit 216 last sell?

4 Nov 2021, for AED 295,000 (resale). It has 1 registered sale.

What rent can unit 216 make?

A studio in Florence 2 rents for about AED 60,000 a year (median asking rent). That is a gross yield of 14.3% on the estimate.

Sales alert for Florence 2All sales in Florence 2

Unit 215 · Unit 217