Studio · 596 sqftTuscan Residence 1 - The Florence 2, Jumeirah Village Circle (JVC) · 3rd floor · completed 2011

306, Tuscan Residence 1 - The Florence 2

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 3 October 2026
Last soldAED 495K30 October 2024
Current rentAED 58K /yr3 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Tuscan Residence 1 - The Florence 2

What is 306 worth today?

Last sold for AED 495,000 in 2024

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3 Oct 2026RentedNew contract
AED 57,600/yr12 months · AED 97 per sqft
24 Dec 2025RentedRenewal
AED 66,000/yr12 months · AED 111 per sqft
24 Dec 2024RentedNew contract
AED 66,000/yr12 months · AED 111 per sqft
30 Oct 2024SoldReady
AED 495,000AED 830 per sqft
1 Nov 2023RentedRenewal
AED 35,700/yr12 months · AED 60 per sqft
1 Nov 2022RentedNew contract
AED 34,000/yr12 months · AED 57 per sqft
10 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 41 per sqft
15 Feb 2020RentedNew contract
AED 32,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 3 October 2026.

Key facts

Type
Studio apartment
Size
596 sqft
Floor
3rd of 4
Parking
B-158
Developer
DAMAC
Completed
2011
Service charge
AED 7,000 /yr
Last sold
AED 495K · October 2024

About 306, Tuscan Residence 1 - The Florence 2

306 is a studio of 596 sqft on the 3rd floor of Tuscan Residence 1 - The Florence 2, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2011 by DAMAC. It last sold on 30 October 2024 for AED 495,000, or AED 830 per sqft, in line with the AED 822 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 3 October 2026, is AED 57,600 a year: a gross yield of 11.6% on the 2024 price, before the service charge of about AED 7,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Tuscan Residence 1 - The Florence 2
400K2009201420192024Typical sale price by year: 2009 AED 521,700; 2010 AED 458,895; 2011 AED 461,000; 2012 AED 521,700; 2013 AED 472,500; 2014 AED 505,000; 2015 AED 500,000; 2017 AED 545,000; 2021 AED 295,000; 2023 AED 400,000; 2024 AED 495,000; 2025 AED 472,385Sold by developer, August 2009: AED 521,700 (AED 875 per sqft)Sold, March 2012: AED 521,700 (AED 875 per sqft)Sold, August 2017: AED 540,000 (AED 906 per sqft)Sold, October 2024: AED 495,000 (AED 830 per sqft)

306 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 306, each contractTypical studio in Tuscan Residence 1 - The Florence 2
20K40K60K2012201620202024Typical rent by year: 2012 AED 30,000; 2013 AED 28,000; 2014 AED 32,250; 2015 AED 46,500; 2016 AED 50,000; 2017 AED 44,000; 2018 AED 41,000; 2019 AED 33,000; 2020 AED 26,000; 2021 AED 24,000; 2022 AED 28,850; 2023 AED 33,000; 2024 AED 37,950; 2025 AED 40,950; 2026 AED 38,400New contract, February 2013: AED 28,000 a yearNew contract, December 2014: AED 50,000 a yearRenewal, December 2015: AED 50,000 a yearNew contract, December 2016: AED 50,000 a yearRenewal, December 2016: AED 50,000 a yearNew contract, December 2017: AED 44,000 a yearNew contract, January 2019: AED 38,000 a yearNew contract, February 2020: AED 32,000 a yearNew contract, October 2020: AED 24,000 a yearNew contract, November 2022: AED 34,000 a yearRenewal, November 2023: AED 35,700 a yearNew contract, December 2024: AED 66,000 a yearRenewal, December 2025: AED 66,000 a yearNew contract, October 2026: AED 57,600 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Tuscan Residence 1 - The Florence 2, and where 306 sits

All 29 studios →

306 last sold in October 2024 at AED 830 per sqft, in line with what studios in Tuscan Residence 1 - The Florence 2 were fetching at the time (AED 822). Over the last 12 months studios sold for AED 430,300 to 585,000, around AED 775 per sqft, and rent for AED 32,550 to 66,000 a year. 306's AED 57,600 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Oct 2026430,300
26 Dec 2025585,000
15 Dec 2025474,770
8 Aug 2025450,000
3 studio sales in the last 12 months

Tuscan Residence 1 - The Florence 2

Building

79 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2011 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft
AED 775
Typical sale
AED 585K
Typical rent
AED 55K /yr
Typical yield
8.4%
Tuscan Residence 1 - The Florence 2, Jumeirah Village Circle (JVC): prices, sales and rents →
Value
3011-bedAED 390K · Mar 2022
3021-bedAED 440K · Dec 2022
3031-bedAED 460K · Apr 2022
304StudioAED 530K · Jul 2015
305StudioAED 570K · Mar 2017
307StudioAED 550K · Sep 2017
3081-bedAED 840K · Feb 2012
1–7 of 18

306, Tuscan Residence 1 - The Florence 2 in numbers

  • Sold 4 times: first on 5 August 2009 for AED 521,700, last on 30 October 2024 for AED 495,000 (AED 830 per sqft).
  • Rented since February 2013 on 14 Ejari contracts. The rent fell from AED 28,000 to AED 24,000 in 2020 and recovered to AED 57,600 by October 2026.
  • At AED 57,600 a year the gross yield on the 2024 price is 11.6%, before a service charge of about AED 7,000 a year (AED 11.77 per sqft).
  • Studios in Tuscan Residence 1 - The Florence 2 sold for AED 430,300–585,000 in the 12 months to November 2026; the building's median across all types is AED 775 per sqft.

Source: Dubai Land Department. Updated 3 October 2026.

Questions about 306, Tuscan Residence 1 - The Florence 2

What did unit 306 last sell for?

AED 495,000 on 30 October 2024: AED 830 per sqft for 596 sqft. The unit has 4 registered sales; the first was AED 521,700 in August 2009.

What is the rent for unit 306?

AED 57,600 a year on the contract signed on 3 October 2026. The previous contract, from December 2025, was AED 66,000; the unit has been rented since February 2013.

How big is unit 306?

596 sqft (55.4 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2011.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Tuscan Residence 1 - The Florence 2 sold for AED 430,300 to 585,000 in the last 12 months, around AED 775 per sqft.

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Mortgage on 306, Tuscan Residence 1 - The Florence 2

Starts from the last sale price (AED 495K, 30 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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