408, Floraria Residence
Sold prices and rental history: sold once, by the developer in January 2024, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Floraria Residence
What is 408 worth today?
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Source: Dubai Land Department. Updated 14 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 397 sqft
- Floor
- 4th of 9
- Parking
- nan
- Developer
- Mashriq Elite Real Estate Development
- Last sold
- AED 525K · January 2024
- Building
- Floraria Residence
About 408, Floraria Residence
408 is a studio of 397 sqft on the 4th floor of Floraria Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . The developer sold it on 26 January 2024 for AED 525,000, or AED 1,322 per sqft, in line with the AED 1,342 studios in the building were fetching at the time.
One Ejari contract is registered, from 14 November 2025. The current contract, signed on 14 November 2025, is AED 58,000 a year: a gross yield of 11.1% on the 2024 price.
Sales and rents for 408 over time
408 has sold once; the dashed line is the studio median of each year in the building.
Studios in Floraria Residence, and where 408 sits
All 91 studios →408 last sold in January 2024 at AED 1,322 per sqft, in line with what studios in Floraria Residence were fetching at the time (AED 1,342). Over the last 12 months studios sold for AED 700,000 to 735,000, around AED 1,750 per sqft, and rent for AED 58,000 to 58,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Dec 202510 December 2025 | 412 sqft | 710,000 | 1,723 | ||
| 8 Dec 20258 December 2025 | 410 sqft | 730,000 | 1,779 | ||
| 27 Nov 202527 November 2025 | 412 sqft | 720,000 | 1,749 | ||
| 26 Nov 202526 November 2025 | 420 sqft | 735,000 | 1,750 |
Floraria Residence
Building206 apartments, studios to 2-bed over 9 floors in Arjan by Mashriq Elite Real Estate Development . 16 sold in the last 12 months.
- Typical price per sqft
- AED 1,631 Up 12.6%
- Typical sale
- AED 1.06M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.6%
Other units on the 4th floor
All 206 units in Floraria Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 732 sqft | AED 1.01MAED 1,010,000 · Sep 2025September 2025 | ||
| 402 | 1-bed | 829 sqft | AED 890KAED 890,000 · Jan 2024January 2024 | ||
| 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 | ||
| 405 | Studio | 420 sqft | AED 531KAED 531,350 · Dec 2023December 2023 | ||
| 406 | 1-bed | 780 sqft | AED 850KAED 850,000 · Jan 2024January 2024 | 85,000 /yr | |
| 407 | Studio | 412 sqft | AED 600KAED 600,000 · Mar 2025March 2025 | 60,000 /yr | |
| 409 | 1-bed | 804 sqft | AED 860KAED 860,000 · Dec 2023December 2023 | 95,000 /yr | |
| 410 | 1-bed | 824 sqft | AED 870KAED 870,000 · Dec 2023December 2023 | ||
| 411 | 1-bed | 905 sqft | AED 1.17MAED 1,170,000 · Aug 2025August 2025 | ||
| 412 | Studio | 413 sqft | AED 555KAED 555,000 · Dec 2023December 2023 | 55,000 /yr | |
| 413 | Studio | 411 sqft | AED 555KAED 555,000 · Jan 2024January 2024 | ||
| 414 | Studio | 410 sqft | AED 650KAED 650,000 · Sep 2025September 2025 | ||
| 415 | Studio | 412 sqft | AED 555KAED 555,000 · Nov 2023November 2023 | ||
| 416 | Studio | 411 sqft | AED 545KAED 545,000 · Oct 2023October 2023 | ||
| 417 | 1-bed | 824 sqft | AED 850KAED 850,000 · Jan 2024January 2024 | ||
| 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 | ||
| 420 | 1-bed | 1,002 sqft | AED 949KAED 949,000 · Dec 2023December 2023 | ||
| 421 | Studio | 439 sqft | AED 546KAED 546,250 · Mar 2024March 2024 | ||
| 422 | Studio | 446 sqft | AED 553KAED 552,500 · Feb 2024February 2024 | ||
| 423 | 1-bed | 753 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 |
408, Floraria Residence in numbers
- Sold once: by Mashriq Elite Real Estate Development on 26 January 2024 for AED 525,000, or AED 1,322 per sqft.
- Rented since November 2025 on one Ejari contract, at AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2024 price is 11.1%.
- Studios in Floraria Residence sold for AED 700,000–735,000 in the 12 months to November 2026; the building's median across all types is AED 1,631 per sqft.
Source: Dubai Land Department. Updated 14 November 2025.
Questions about 408, Floraria Residence
What did unit 408 last sell for?
AED 525,000 on 26 January 2024, sold by the developer: AED 1,322 per sqft for 397 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 58,000 a year on the contract signed on 14 November 2025.
How big is unit 408?
397 sqft (36.9 sqm): a studio on the 4th floor of a 9-storey tower.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Floraria Residence sold for AED 700,000 to 735,000 in the last 12 months, around AED 1,750 per sqft.
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Mortgage on 408, Floraria Residence
Starts from the last sale price (AED 525K, 26 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →