Studio · 632 sqftTuscan Residence 1 - The Florence 2, Jumeirah Village Circle (JVC) · 4th floor · completed 2011

404A, Tuscan Residence 1 - The Florence 2

Sold prices and rental history: sold twice, last in April 2012, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404A · DLD and Ejari recordsUpdated 5 June 2021
Last soldAED 1M19 April 2012
Current rentAED 22K /yr5 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404A, Tuscan Residence 1 - The Florence 2

What is 404A worth today?

Last sold for AED 1,003,366 in 2012

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5 Jun 2021RentedNew contract
AED 22,000/yr12 months · AED 35 per sqft
12 Sep 2020RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
12 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
19 Apr 2012SoldReady
AED 1,003,366AED 1,587 per sqft
5 Nov 2009Sold by developerOff-plan
AED 999,000AED 1,580 per sqft

Source: Dubai Land Department. Updated 5 June 2021.

Key facts

Type
Studio apartment
Size
632 sqft
Floor
4th of 4
Parking
B-28
Developer
DAMAC
Completed
2011
Service charge
AED 7,400 /yr
Last sold
AED 1M · April 2012

About 404A, Tuscan Residence 1 - The Florence 2

404A is a studio of 632 sqft on the 4th 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 19 April 2012 for AED 1,003,366, or AED 1,587 per sqft, 75% above the AED 907 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 5 June 2021, is AED 22,000 a year: a gross yield of 2.2% on the 2012 price, before the service charge of about AED 7,400 a year.

Sales and rents for 404A over time

Sales
Unit 404A, each saleTypical studio in Tuscan Residence 1 - The Florence 2
500K1M2009201420192024Typical 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, November 2009: AED 999,000 (AED 1,580 per sqft)Sold, April 2012: AED 1,003,366 (AED 1,587 per sqft)

404A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 404A, each contractTypical studio in Tuscan Residence 1 - The Florence 2
20K40K2012201620202024Typical 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, September 2019: AED 32,000 a yearRenewal, September 2020: AED 26,000 a yearNew contract, June 2021: AED 22,000 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 404A sits

All 29 studios →

404A last sold in April 2012 at AED 1,587 per sqft, 75% above what studios in Tuscan Residence 1 - The Florence 2 were fetching at the time (AED 907). 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. 404A's AED 22,000 is at the bottom 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
4011-bedAED 530K · Nov 2022
4021-bedAED 380K · Feb 2022
4032-bedAED 1.25M · May 2014
4042-bedAED 1.15M · Nov 2022
4052-bedAED 1.38M · Mar 2017
4062-bedAED 1.5M · Jul 2015
4072-bedAED 450K · Nov 2022
1–7 of 10

404A, Tuscan Residence 1 - The Florence 2 in numbers

  • Sold twice: first on 5 November 2009 for AED 999,000, last on 19 April 2012 for AED 1,003,366 (AED 1,587 per sqft).
  • Rented since September 2019 on 3 Ejari contracts, from AED 32,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2012 price is 2.2%, before a service charge of about AED 7,400 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 5 June 2021.

Questions about 404A, Tuscan Residence 1 - The Florence 2

What did unit 404A last sell for?

AED 1,003,366 on 19 April 2012: AED 1,587 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 999,000 in November 2009.

What is the rent for unit 404A?

AED 22,000 a year on the contract signed on 5 June 2021. The previous contract, from September 2020, was AED 26,000; the unit has been rented since September 2019.

How big is unit 404A?

632 sqft (58.7 sqm): a studio on the 4th floor of a 4-storey tower completed in 2011.

What is unit 404A 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 404A, Tuscan Residence 1 - The Florence 2

Starts from the last sale price (AED 1M, 19 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,003,366
Deposit, UAE resident (20%)
AED 200,673
Deposit, non-resident (40%)
AED 401,346
Monthly over 25 years at 3.7%
AED 4,105

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