Studio · 411 sqftFloarea Residence, Arjan · 1st floor

117, Floarea Residence

Sold prices and rental history: sold once, by the developer in October 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 22 October 2026
Last soldAED 620K8 October 2025
Current rentAED 54K /yr22 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Floarea Residence

What is 117 worth today?

Last sold for AED 620,000 in 2025

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22 Oct 2026RentedNew contract
AED 54,000/yr12 months · AED 132 per sqft
13 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 146 per sqft
8 Oct 2025Sold by developerReady
AED 620,000AED 1,507 per sqft

Source: Dubai Land Department. Updated 22 October 2026.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
1st of 9
Parking
G-17
Developer
Mashriq Elite Real Estate Development
Last sold
AED 620K · October 2025

About 117, Floarea Residence

117 is a studio of 411 sqft on the 1st floor of Floarea Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . The developer sold it on 8 October 2025 for AED 620,000, or AED 1,507 per sqft, 5% below the AED 1,583 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 22 October 2026, is AED 54,000 a year: a gross yield of 8.7% on the 2025 price.

Sales and rents for 117 over time

Sales
Unit 117, each saleTypical studio in Floarea Residence
600K700K202520262027Typical sale price by year: 2025 AED 673,150; 2026 AED 750,000Sold by developer, October 2025: AED 620,000 (AED 1,507 per sqft)

117 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 117, each contractTypical studio in Floarea Residence
55K60K202520262027Typical rent by year: 2025 AED 60,000; 2026 AED 55,000New contract, October 2025: AED 60,000 a yearNew contract, October 2026: AED 54,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Floarea Residence, and where 117 sits

All 40 studios →

117 last sold in October 2025 at AED 1,507 per sqft, 5% below what studios in Floarea Residence were fetching at the time (AED 1,583). Over the last 12 months studios sold for AED 690,000 to 750,000, around AED 1,753 per sqft, and rent for AED 50,000 to 79,000 a year. 117's AED 54,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Sep 2026750,000
29 Jul 2026736,000
30 May 2026725,000
18 May 2026750,000
16 studio sales in the last 12 months

Floarea Residence

Building

94 apartments, studios to 2-bed over 9 floors in Arjan by Mashriq Elite Real Estate Development . 34 sold in the last 12 months.

Typical price per sqft
AED 1,645 Up 14.7%
Typical sale
AED 1.06M
Typical rent
AED 72K /yr
Typical yield
7.4%
Floarea Residence, Arjan: prices, sales and rents →

Other units on the 1st floor

All 94 units in Floarea Residence
Value
1061-bedAED 1.21M · Nov 2025
111StudioAED 675K · Oct 2025
112StudioAED 670K · Oct 2025
116StudioAED 690K · Dec 2025
1192-bedAED 1.82M · Oct 2025
1201-bedAED 1.15M · Sep 2025
121StudioAED 736K · Jul 2026

117, Floarea Residence in numbers

  • Sold once: by Mashriq Elite Real Estate Development on 8 October 2025 for AED 620,000, or AED 1,507 per sqft.
  • Rented since October 2025 on 2 Ejari contracts, from AED 60,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2025 price is 8.7%.
  • Studios in Floarea Residence sold for AED 690,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,645 per sqft.

Source: Dubai Land Department. Updated 22 October 2026.

Questions about 117, Floarea Residence

What did unit 117 last sell for?

AED 620,000 on 8 October 2025, sold by the developer: AED 1,507 per sqft for 411 sqft. It is the only registered sale of the unit.

What is the rent for unit 117?

AED 54,000 a year on the contract signed on 22 October 2026. The previous contract, from October 2025, was AED 60,000.

How big is unit 117?

411 sqft (38.2 sqm): a studio on the 1st floor of a 9-storey tower.

What is unit 117 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Floarea Residence sold for AED 690,000 to 750,000 in the last 12 months, around AED 1,753 per sqft.

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Mortgage on 117, Floarea Residence

Starts from the last sale price (AED 620K, 8 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →