508, Floarea Residence
Sold prices and rental history: sold twice, last in May 2026, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Floarea Residence
What is 508 worth today?
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Source: Dubai Land Department. Updated 18 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 411 sqft
- Floor
- 5th of 9
- Parking
- nan
- Developer
- Mashriq Elite Real Estate Development
- Last sold
- AED 750K · May 2026
- Building
- Floarea Residence
About 508, Floarea Residence
508 is a studio of 411 sqft on the 5th floor of Floarea Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . It last sold on 18 May 2026 for AED 750,000, or AED 1,825 per sqft, 10% above the AED 1,659 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 December 2025. The current contract, signed on 10 December 2025, is AED 52,000 a year: a gross yield of 6.9% on the 2026 price.
Sales and rents for 508 over time
508 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 508 sits
All 40 studios →508 last sold in May 2026 at AED 1,825 per sqft, 10% above 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. 508's AED 52,000 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 | ||
| 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 5th floor
All 94 units in Floarea Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 735 sqft | AED 1.23MAED 1,230,000 · Nov 2025November 2025 | ||
| 502 | 1-bed | 829 sqft | AED 1.27MAED 1,265,000 · Oct 2025October 2025 | ||
| 504 | 2-bed | 1,679 sqft | AED 1.9MAED 1,900,000 · Oct 2025October 2025 | ||
| 507 | Studio | 398 sqft | AED 680KAED 680,000 · Sep 2025September 2025 | ||
| 510 | 1-bed | 789 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | ||
| 512 | Studio | 413 sqft | AED 685KAED 685,000 · Mar 2025March 2025 | 58,000 /yr | |
| 513 | Studio | 411 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | 54,853 /yr | |
| 515 | Studio | 412 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | 54,853 /yr | |
| 516 | Studio | 411 sqft | AED 675KAED 675,000 · Oct 2025October 2025 | 55,000 /yr | |
| 517 | 1-bed | 824 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | 85,000 /yr | |
| 518 | 1-bed | 775 sqft | AED 1.07MAED 1,070,000 · Nov 2025November 2025 | 74,000 /yr | |
| 520 | 1-bed | 1,002 sqft | AED 1.25MAED 1,250,000 · Oct 2025October 2025 | 80,000 /yr |
508, Floarea Residence in numbers
- Sold twice: first on 29 January 2025 for AED 625,000, last on 18 May 2026 for AED 750,000 (AED 1,825 per sqft).
- Rented since December 2025 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2026 price is 6.9%.
- 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 18 May 2026.
Questions about 508, Floarea Residence
What did unit 508 last sell for?
AED 750,000 on 18 May 2026: AED 1,825 per sqft for 411 sqft. The unit has 2 registered sales; the first was AED 625,000 in January 2025.
What is the rent for unit 508?
AED 52,000 a year on the contract signed on 10 December 2025.
How big is unit 508?
411 sqft (38.2 sqm): a studio on the 5th floor of a 9-storey tower.
What is unit 508 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 508, Floarea Residence
Starts from the last sale price (AED 750K, 18 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →