407, Floarea Residence
Sold prices and rental history: sold twice, last in May 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Floarea Residence
What is 407 worth today?
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Source: Dubai Land Department. Updated 3 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 4th of 9
- Parking
- nan
- Developer
- Mashriq Elite Real Estate Development
- Last sold
- AED 725K · May 2026
- Building
- Floarea Residence
About 407, Floarea Residence
407 is a studio of 412 sqft on the 4th floor of Floarea Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . It last sold on 30 May 2026 for AED 725,000, or AED 1,760 per sqft, 5% above the AED 1,676 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 3 November 2026, is AED 56,500 a year: a gross yield of 7.8% on the 2026 price.
Sales and rents for 407 over time
407 has sold twice; 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 407 sits
All 40 studios →407 last sold in May 2026 at AED 1,760 per sqft, 5% above what studios in Floarea Residence were fetching at the time (AED 1,676). 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. 407's AED 56,500 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 | ||
| 18 May 202618 May 2026 | 411 sqft | 750,000 | 1,825 | ||
| 2 Feb 20262 February 2026 | 411 sqft | 750,000 | 1,823 |
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 4th floor
All 94 units in Floarea Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 732 sqft | AED 1.01MAED 1,010,000 · Sep 2025September 2025 | 100,000 /yr | |
| 402 | 1-bed | 829 sqft | No registered sale | 91,000 /yr | |
| 403 | 1-bed | 821 sqft | AED 1.3MAED 1,300,000 · Dec 2025December 2025 | ||
| 404 | 2-bed | 1,679 sqft | AED 1.93MAED 1,925,000 · Aug 2025August 2025 | ||
| 411 | 1-bed | 904 sqft | AED 1.17MAED 1,170,000 · Aug 2025August 2025 | ||
| 412 | Studio | 413 sqft | No registered sale | 55,148 /yr | |
| 414 | Studio | 410 sqft | AED 650KAED 650,000 · Sep 2025September 2025 | ||
| 418 | 1-bed | 775 sqft | AED 1.05MAED 1,050,000 · Nov 2025November 2025 | ||
| 419 | 2-bed | 1,169 sqft | AED 1.54MAED 1,540,000 · Jul 2025July 2025 | ||
| 421 | Studio | 439 sqft | AED 740KAED 740,000 · Jan 2026January 2026 | 70,000 /yr | |
| 423 | 1-bed | 751 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 |
407, Floarea Residence in numbers
- Sold twice: first on 24 March 2025 for AED 600,000, last on 30 May 2026 for AED 725,000 (AED 1,760 per sqft).
- Rented since October 2025 on 2 Ejari contracts, from AED 60,000 to AED 56,500 a year.
- At AED 56,500 a year the gross yield on the 2026 price is 7.8%.
- 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 3 November 2026.
Questions about 407, Floarea Residence
What did unit 407 last sell for?
AED 725,000 on 30 May 2026: AED 1,760 per sqft for 412 sqft. The unit has 2 registered sales; the first was AED 600,000 in March 2025.
What is the rent for unit 407?
AED 56,500 a year on the contract signed on 3 November 2026. The previous contract, from October 2025, was AED 60,000.
How big is unit 407?
412 sqft (38.3 sqm): a studio on the 4th floor of a 9-storey tower.
What is unit 407 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 407, Floarea Residence
Starts from the last sale price (AED 725K, 30 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →