Unit 218, Florence 2: what it sold for and what it is worth now

Unit 218 at Florence 2 is a 1 bed of 915 sq ft. It last sold for AED 530,000 on 22 Mar 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 650,000 today.

Value todayAED 650,000AED 624,000 to AED 653,000
Last saleAED 530,00022 Mar 2023 · Resale
Change since last sale+22.6%Building trend alone: AED 749,332
Rent (median asking, 1 bed)AED 64,999Gross yield 10.0%
Bedrooms1 bed
Size915 sq ft
Floor2 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingFlorence 2 by DAMAC Properties, handed over 2011
Registered sales of this unit1

Every registered sale of unit 218

DatePriceSizeAED/sq ftType
22 Mar 2023AED 530,000915 sq ft579Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3187 Sep 2020AED 476,000922 sq ft516Resale

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
20127 Oct 2023AED 535,000837 sq ft639Resale

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 (915 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 749,332. 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 218 at Florence 2 worth?

About AED 650,000 (range AED 624,000 to AED 653,000), based on AED 711 per sq ft from registered sales up to 9 Oct 2026.

When did unit 218 last sell?

22 Mar 2023, for AED 530,000 (resale). It has 1 registered sale.

What rent can unit 218 make?

A 1 bed in Florence 2 rents for about AED 64,999 a year (median asking rent). That is a gross yield of 10.0% on the estimate.

Sales alert for Florence 2All sales in Florence 2

Unit 217 · Unit 301