712, Floarea Residence
Sold prices and rental history: sold once, by the developer in November 2025, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 712, Floarea Residence
What is 712 worth today?
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Source: Dubai Land Department. Updated 21 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 413 sqft
- Floor
- 7th of 9
- Parking
- B-64
- Developer
- Mashriq Elite Real Estate Development
- Last sold
- AED 700K · November 2025
- Building
- Floarea Residence
About 712, Floarea Residence
712 is a studio of 413 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 10 November 2025 for AED 700,000, or AED 1,693 per sqft, 7% above the AED 1,589 studios in the building were fetching at the time.
One Ejari contract is registered, from 21 August 2026. The current contract, signed on 21 August 2026, is AED 50,000 a year: a gross yield of 7.1% on the 2025 price.
Sales and rents for 712 over time
712 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 712 sits
All 40 studios →712 last sold in November 2025 at AED 1,693 per sqft, 7% above what studios in Floarea Residence were fetching at the time (AED 1,589). 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. 712's AED 50,000 is at the bottom 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 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 | ||
| 706 | 1-bed | 780 sqft | AED 1MAED 1,000,000 · May 2025May 2025 | 83,000 /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 |
712, Floarea Residence in numbers
- Sold once: by Mashriq Elite Real Estate Development on 10 November 2025 for AED 700,000, or AED 1,693 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 7.1%.
- 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 21 August 2026.
Questions about 712, Floarea Residence
What did unit 712 last sell for?
AED 700,000 on 10 November 2025, sold by the developer: AED 1,693 per sqft for 413 sqft. It is the only registered sale of the unit.
What is the rent for unit 712?
AED 50,000 a year on the contract signed on 21 August 2026.
How big is unit 712?
413 sqft (38.4 sqm): a studio on the 7th floor of a 9-storey tower.
What is unit 712 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 712, Floarea Residence
Starts from the last sale price (AED 700K, 10 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →