515, Floarea Residence
Sold prices and rental history: sold once, by the developer in October 2025, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Floarea Residence
What is 515 worth today?
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Source: Dubai Land Department. Updated 16 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 5th of 9
- Parking
- B-21
- Developer
- Mashriq Elite Real Estate Development
- Last sold
- AED 650K · October 2025
- Building
- Floarea Residence
About 515, Floarea Residence
515 is a studio of 412 sqft on the 5th floor of Floarea Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . The developer sold it on 2 October 2025 for AED 650,000, or AED 1,579 per sqft, in line with the AED 1,583 studios in the building were fetching at the time.
One Ejari contract is registered, from 16 October 2026. The current contract, signed on 16 October 2026, is AED 54,853 a year: a gross yield of 8.4% on the 2025 price.
Sales and rents for 515 over time
515 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 515 sits
All 40 studios →515 last sold in October 2025 at AED 1,579 per sqft, in line with 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. 515's AED 54,853 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 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 | ||
| 508 | Studio | 411 sqft | AED 750KAED 750,000 · May 2026May 2026 | 52,000 /yr | |
| 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 | |
| 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 |
515, Floarea Residence in numbers
- Sold once: by Mashriq Elite Real Estate Development on 2 October 2025 for AED 650,000, or AED 1,579 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 54,853 a year.
- At AED 54,853 a year the gross yield on the 2025 price is 8.4%.
- 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 16 October 2026.
Questions about 515, Floarea Residence
What did unit 515 last sell for?
AED 650,000 on 2 October 2025, sold by the developer: AED 1,579 per sqft for 412 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 54,853 a year on the contract signed on 16 October 2026.
How big is unit 515?
412 sqft (38.3 sqm): a studio on the 5th floor of a 9-storey tower.
What is unit 515 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 515, Floarea Residence
Starts from the last sale price (AED 650K, 2 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →