706, Floarea Residence
Sold prices and rental history: sold once, by the developer in May 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Floarea Residence
What is 706 worth today?
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Source: Dubai Land Department. Updated 2 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 780 sqft
- Floor
- 7th of 9
- Parking
- B-58
- Developer
- Mashriq Elite Real Estate Development
- Last sold
- AED 1M · May 2025
- Building
- Floarea Residence
About 706, Floarea Residence
706 is a one-bedroom apartment of 780 sqft on the 7th floor of Floarea Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . The developer sold it on 13 May 2025 for AED 1,000,000, or AED 1,282 per sqft, in line with the AED 1,269 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 2 October 2026, is AED 83,000 a year: a gross yield of 8.3% on the 2025 price.
Sales and rents for 706 over time
706 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Floarea Residence, and where 706 sits
All 44 1-beds →706 last sold in May 2025 at AED 1,282 per sqft, in line with what one-beds in Floarea Residence were fetching at the time (AED 1,269). Over the last 12 months one-beds sold for AED 1,050,000 to 1,350,000, around AED 1,565 per sqft, and rent for AED 74,000 to 97,000 a year. 706's AED 83,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 708 sqft | 1,130,000 | 1,595 | ||
| 24 Apr 202624 April 2026 | 818 sqft | 1,350,000 | 1,650 | ||
| 31 Mar 202631 March 2026 | 1,002 sqft | 1,300,000 | 1,297 | ||
| 29 Jan 202629 January 2026 | 824 sqft | 1,350,000 | 1,639 |
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 7th floor
All 94 units in Floarea Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 735 sqft | No registered sale | ||
| 704 | 2-bed | 1,678 sqft | AED 1.9MAED 1,900,000 · Oct 2025October 2025 | ||
| 712 | Studio | 413 sqft | AED 700KAED 700,000 · Nov 2025November 2025 | 50,000 /yr | |
| 713 | Studio | 410 sqft | AED 730KAED 730,000 · Dec 2025December 2025 | 58,000 /yr | |
| 714 | Studio | 410 sqft | AED 670KAED 670,000 · Oct 2025October 2025 | ||
| 715 | Studio | 411 sqft | No registered sale | ||
| 717 | 1-bed | 824 sqft | No registered sale | ||
| 719 | 2-bed | 1,169 sqft | AED 1.62MAED 1,620,000 · Sep 2025September 2025 | 130,000 /yr |
706, Floarea Residence in numbers
- Sold once: by Mashriq Elite Real Estate Development on 13 May 2025 for AED 1,000,000, or AED 1,282 per sqft.
- Rented since October 2025 on 2 Ejari contracts, at AED 83,000 a year.
- At AED 83,000 a year the gross yield on the 2025 price is 8.3%.
- One-beds in Floarea Residence sold for AED 1,050,000–1,350,000 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 2 October 2026.
Questions about 706, Floarea Residence
What did unit 706 last sell for?
AED 1,000,000 on 13 May 2025, sold by the developer: AED 1,282 per sqft for 780 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 83,000 a year on the contract renewed on 2 October 2026. The previous contract, from October 2025, was AED 83,000.
How big is unit 706?
780 sqft (72.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower.
What is unit 706 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Floarea Residence sold for AED 1,050,000 to 1,350,000 in the last 12 months, around AED 1,565 per sqft.
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Mortgage on 706, Floarea Residence
Starts from the last sale price (AED 1M, 13 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →