Unit 111, Gardenia 2: what it sold for and what it is worth now

Unit 111 at Gardenia 2 is a 1 bed of 996 sq ft. It last sold for AED 675,000 on 26 Mar 2024. At AED 748 per sq ft, from 3 sales in the building in the last 24 months (1 bed), it is worth about AED 745,000 today.

Value todayAED 745,000AED 722,000 to AED 823,000
Last saleAED 675,00026 Mar 2024 · Resale
Change since last sale+10.4%Building trend alone: AED 915,063
Rent (median asking, 1 bed)AED 60,000Gross yield 8.1%
Bedrooms1 bed
Size996 sq ft
Floor1 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingGardenia 2 by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 111

DatePriceSizeAED/sq ftType
26 Mar 2024AED 675,000996 sq ft678Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3116 Mar 2024AED 630,000949 sq ft664Resale
41110 Nov 2022AED 495,000925 sq ft535Resale
3111 Jul 2022AED 490,000949 sq ft516Resale

Latest 1 bed sales in Gardenia 2

UnitDatePriceSizeAED/sq ftType
20430 Jul 2026AED 686,831978 sq ft702Resale
30114 Jul 2026AED 810,000896 sq ft904Resale
2203 Jun 2025AED 880,0001,177 sq ft748Resale
2192 Sep 2024AED 860,0001,168 sq ft736Resale
21511 Jun 2024AED 675,0001,009 sq ft669Resale
40113 Mar 2024AED 500,000896 sq ft558Resale
3116 Mar 2024AED 630,000949 sq ft664Resale
22022 Feb 2024AED 700,0001,177 sq ft595Resale

How we worked out the value

We took the 3 sales in Gardenia 2 in the last 24 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 748). We multiplied it by the size of this unit (996 sq ft). The range uses the middle half of those sales (AED 725 to AED 826 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 915,063. Floor, view, condition and upgrades can move the price either way. Sales data to 18 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 111 at Gardenia 2 worth?

About AED 745,000 (range AED 722,000 to AED 823,000), based on AED 748 per sq ft from registered sales up to 18 Sep 2026.

When did unit 111 last sell?

26 Mar 2024, for AED 675,000 (resale). It has 1 registered sale.

What rent can unit 111 make?

A 1 bed in Gardenia 2 rents for about AED 60,000 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

Sales alert for Gardenia 2All sales in Gardenia 2

Unit 102 · Unit 120