Studio · 484 sqftFloarea Residence, Arjan · 1st floor

121, Floarea Residence

Sold prices and rental history: sold once, by the developer in July 2026, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 29 July 2026
Last soldAED 736K29 July 2026
Current rentAED 55K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 121, Floarea Residence

What is 121 worth today?

Last sold for AED 736,000 in 2026

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29 Jul 2026Sold by developerReady
AED 736,000AED 1,520 per sqft
15 Oct 2025RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 29 July 2026.

Key facts

Type
Studio apartment
Size
484 sqft
Floor
1st of 9
Parking
G-21
Developer
Mashriq Elite Real Estate Development
Last sold
AED 736K · July 2026

About 121, Floarea Residence

121 is a studio of 484 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 29 July 2026 for AED 736,000, or AED 1,520 per sqft, 8% below the AED 1,659 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2025. The current contract, signed on 15 October 2025, is AED 55,000 a year: a gross yield of 7.5% on the 2026 price.

Sales and rents for 121 over time

Sales
Unit 121, each saleTypical studio in Floarea Residence
700K750K202520262027Typical sale price by year: 2025 AED 673,150; 2026 AED 750,000Sold by developer, July 2026: AED 736,000 (AED 1,520 per sqft)

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

Rents
Unit 121, each contractTypical studio in Floarea Residence
55K58K60K202520262027Typical rent by year: 2025 AED 60,000; 2026 AED 55,000New contract, October 2025: AED 55,000 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 121 sits

All 40 studios →

121 last sold in July 2026 at AED 1,520 per sqft, 8% below what studios in Floarea Residence were fetching at the time (AED 1,659). 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. 121's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Sep 2026750,000
30 May 2026725,000
18 May 2026750,000
2 Feb 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
117StudioAED 620K · Oct 2025
1192-bedAED 1.82M · Oct 2025
1201-bedAED 1.15M · Sep 2025

121, Floarea Residence in numbers

  • Sold once: by Mashriq Elite Real Estate Development on 29 July 2026 for AED 736,000, or AED 1,520 per sqft.
  • Rented since October 2025 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2026 price is 7.5%.
  • 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 29 July 2026.

Questions about 121, Floarea Residence

What did unit 121 last sell for?

AED 736,000 on 29 July 2026, sold by the developer: AED 1,520 per sqft for 484 sqft. It is the only registered sale of the unit.

What is the rent for unit 121?

AED 55,000 a year on the contract signed on 15 October 2025.

How big is unit 121?

484 sqft (45.0 sqm): a studio on the 1st floor of a 9-storey tower.

What is unit 121 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 121, Floarea Residence

Starts from the last sale price (AED 736K, 29 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 736,000
Deposit, UAE resident (20%)
AED 147,200
Deposit, non-resident (40%)
AED 294,400
Monthly over 25 years at 3.7%
AED 3,011

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