316, Floarea Residence
Sold prices and rental history: sold once, by the developer in September 2025, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Floarea Residence
What is 316 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 411 sqft
- Floor
- 3rd of 9
- Parking
- G-65
- Developer
- Mashriq Elite Real Estate Development
- Last sold
- AED 600K · September 2025
- Building
- Floarea Residence
About 316, Floarea Residence
316 is a studio of 411 sqft on the 3rd floor of Floarea Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . The developer sold it on 1 September 2025 for AED 600,000, or AED 1,458 per sqft, 5% below the AED 1,540 studios in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 15 May 2026, is AED 55,000 a year: a gross yield of 9.2% on the 2025 price.
Sales and rents for 316 over time
316 has sold once; the dashed line is the studio median of each year in the building.
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 316 sits
All 40 studios →316 last sold in September 2025 at AED 1,458 per sqft, 5% below what studios in Floarea Residence were fetching at the time (AED 1,540). 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. 316's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 446 sqft | 750,000 | 1,682 | ||
| 29 Jul 202629 July 2026 | 484 sqft | 736,000 | 1,520 | ||
| 30 May 202630 May 2026 | 412 sqft | 725,000 | 1,760 | ||
| 18 May 202618 May 2026 | 411 sqft | 750,000 | 1,825 |
Floarea Residence
Building94 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%
Other units on the 3rd floor
All 94 units in Floarea Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 304 | 2-bed | 1,679 sqft | AED 1.64MAED 1,635,000 · Jul 2025July 2025 | ||
| 305 | Studio | 420 sqft | AED 650KAED 650,000 · Aug 2025August 2025 | 55,000 /yr | |
| 307 | Studio | 412 sqft | AED 720KAED 720,000 · Nov 2025November 2025 | 60,000 /yr | |
| 309 | 1-bed | 805 sqft | AED 1.27MAED 1,270,000 · Dec 2025December 2025 | 90,000 /yr | |
| 310 | 1-bed | 792 sqft | AED 1.06MAED 1,055,000 · Mar 2025March 2025 | 80,000 /yr | |
| 311 | 1-bed | 963 sqft | AED 1.28MAED 1,275,000 · Dec 2025December 2025 | 90,000 /yr | |
| 313 | Studio | 410 sqft | AED 720KAED 720,000 · Nov 2025November 2025 | 60,000 /yr | |
| 320 | 1-bed | 1,002 sqft | AED 1.3MAED 1,300,000 · Mar 2026March 2026 | 95,000 /yr | |
| 322 | Studio | 446 sqft | AED 750KAED 750,000 · Sep 2026September 2026 | 57,000 /yr | |
| 323 | 1-bed | 753 sqft | AED 848KAED 847,500 · Jul 2025July 2025 | 84,500 /yr |
316, Floarea Residence in numbers
- Sold once: by Mashriq Elite Real Estate Development on 1 September 2025 for AED 600,000, or AED 1,458 per sqft.
- Rented since January 2026 on 2 Ejari contracts, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2025 price is 9.2%.
- 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 15 May 2026.
Questions about 316, Floarea Residence
What did unit 316 last sell for?
AED 600,000 on 1 September 2025, sold by the developer: AED 1,458 per sqft for 411 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 55,000 a year on the contract signed on 15 May 2026. The previous contract, from January 2026, was AED 55,000.
How big is unit 316?
411 sqft (38.2 sqm): a studio on the 3rd floor of a 9-storey tower.
What is unit 316 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 316, Floarea Residence
Starts from the last sale price (AED 600K, 1 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →