Unit 123, Gardenia 2: what it sold for and what it is worth now

Unit 123 at Gardenia 2 is a studio of 539 sq ft. It last sold for AED 485,000 on 27 Oct 2025. At AED 915 per sq ft, from 7 sales in the building in the last 12 months (studio), it is worth about AED 493,000 today.

Value todayAED 493,000AED 485,000 to AED 538,000
Last saleAED 485,00027 Oct 2025 · Resale
Change since last sale+1.6%Building trend alone: AED 559,244
Rent (median asking, studio)AED 50,944Gross yield 10.3%
Bedroomsstudio
Size539 sq ft
Floor1 (from the unit number)
Position in the towerStack 23: units ending 23 share the same layout and view
BuildingGardenia 2 by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 123

DatePriceSizeAED/sq ftType
27 Oct 2025AED 485,000539 sq ft900Resale

Units ending 23 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32310 Jul 2026AED 520,000539 sq ft965Resale
32323 Nov 2022AED 340,000539 sq ft631Resale
2237 Dec 2021AED 270,000539 sq ft501Resale

Latest studio sales in Gardenia 2

UnitDatePriceSizeAED/sq ftType
31218 Sep 2026AED 510,000483 sq ft1,056Resale
32310 Jul 2026AED 520,000539 sq ft965Resale
3179 Jul 2026AED 430,000470 sq ft915Resale
30726 Jun 2026AED 510,000495 sq ft1,030Resale
30222 Dec 2025AED 550,000621 sq ft886Resale
20916 Oct 2025AED 495,000551 sq ft898Resale
G00710 Sep 2025AED 615,000642 sq ft958Resale
G0032 Sep 2025AED 468,000642 sq ft729Resale

How we worked out the value

We took the 7 sales in Gardenia 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 915). We multiplied it by the size of this unit (539 sq ft). The range uses the middle half of those sales (AED 899 to AED 998 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 559,244. 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 123 at Gardenia 2 worth?

About AED 493,000 (range AED 485,000 to AED 538,000), based on AED 915 per sq ft from registered sales up to 18 Sep 2026.

When did unit 123 last sell?

27 Oct 2025, for AED 485,000 (resale). It has 1 registered sale.

What rent can unit 123 make?

A studio in Gardenia 2 rents for about AED 50,944 a year (median asking rent). That is a gross yield of 10.3% on the estimate.

Sales alert for Gardenia 2All sales in Gardenia 2

Unit 122 · Unit 204