Unit 302, Florence 2: what it sold for and what it is worth now

Unit 302 at Florence 2 is a 1 bed of 946 sq ft. It last sold for AED 440,000 on 14 Dec 2022. At AED 711 per sq ft, from 3 sales in the building in the last 24 months (1 bed), it is worth about AED 672,000 today.

Value todayAED 672,000AED 645,000 to AED 675,000
Last saleAED 440,00014 Dec 2022 · Resale
Change since last sale+52.7%Building trend alone: AED 622,087
Rent (median asking, 1 bed)AED 64,999Gross yield 9.7%
Bedrooms1 bed
Size946 sq ft
Floor3 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingFlorence 2 by DAMAC Properties, handed over 2011
Registered sales of this unit2

Every registered sale of unit 302

DatePriceSizeAED/sq ftType
14 Dec 2022AED 440,000946 sq ft465Resale
16 Jan 2020AED 300,000946 sq ft317Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40215 Feb 2022AED 380,000940 sq ft404Resale

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 (946 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 622,087. 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 302 at Florence 2 worth?

About AED 672,000 (range AED 645,000 to AED 675,000), based on AED 711 per sq ft from registered sales up to 9 Oct 2026.

When did unit 302 last sell?

14 Dec 2022, for AED 440,000 (resale). It has 2 registered sales.

What rent can unit 302 make?

A 1 bed in Florence 2 rents for about AED 64,999 a year (median asking rent). That is a gross yield of 9.7% on the estimate.

Sales alert for Florence 2All sales in Florence 2

Unit 301 · Unit 303