1-bed · 753 sqftFloraria Residence, Arjan · 6th floor

623, Floraria Residence

Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 870K16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, Floraria Residence

What is 623 worth today?

Last sold for AED 870,000 in 2024

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16 Jan 2024Sold by developerOff-plan
AED 870,000AED 1,154 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
6th of 9
Parking
1
Developer
Mashriq Elite Real Estate Development
Last sold
AED 870K · January 2024

About 623, Floraria Residence

623 is a one-bedroom apartment of 753 sqft on the 6th floor of Floraria Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . The developer sold it on 16 January 2024 for AED 870,000, or AED 1,154 per sqft, 8% above the AED 1,070 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical one-bed in Floraria Residence
1M2023202420252026Typical sale price by year: 2023 AED 875,000; 2024 AED 863,300; 2025 AED 1,110,000Sold by developer, January 2024: AED 870,000 (AED 1,154 per sqft)

623 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Floraria Residence, and where 623 sits

All 97 1-beds →

623 last sold in January 2024 at AED 1,154 per sqft, 8% above what one-beds in Floraria Residence were fetching at the time (AED 1,070). Over the last 12 months one-beds sold for AED 1,050,000 to 1,300,000, around AED 1,551 per sqft, and rent for AED 77,000 to 100,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Dec 20251,270,000
12 Dec 20251,300,000
10 Dec 20251,300,000
9 Dec 20251,200,000
9 1-bed sales in the last 12 months

Floraria Residence

Building

206 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%
Floraria Residence, Arjan: prices, sales and rents →

Other units on the 6th floor

All 206 units in Floraria Residence
Value
6011-bedAED 860K · Dec 2023
6021-bedAED 900K · Nov 2023
6031-bedAED 890K · Dec 2023
6042-bedAED 1.36M · Nov 2023
605StudioAED 550K · Jan 2024
6061-bedAED 840K · Feb 2024
607StudioAED 545K · Mar 2024
1–7 of 22

623, Floraria Residence in numbers

  • Sold once: by Mashriq Elite Real Estate Development on 16 January 2024 for AED 870,000, or AED 1,154 per sqft.
  • One-beds in Floraria Residence sold for AED 1,050,000–1,300,000 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 16 January 2024.

Questions about 623, Floraria Residence

What did unit 623 last sell for?

AED 870,000 on 16 January 2024, sold by the developer: AED 1,154 per sqft for 753 sqft. It is the only registered sale of the unit.

How big is unit 623?

753 sqft (70.0 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 623 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Floraria Residence sold for AED 1,050,000 to 1,300,000 in the last 12 months, around AED 1,551 per sqft.

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Mortgage on 623, Floraria Residence

Starts from the last sale price (AED 870K, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →