508, Floraria Residence
Sold prices and rental history: sold once, by the developer in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Floraria Residence
What is 508 worth today?
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Source: Dubai Land Department. Updated 29 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 411 sqft
- Floor
- 5th of 9
- Parking
- nan
- Developer
- Mashriq Elite Real Estate Development
- Last sold
- AED 625K · January 2025
- Building
- Floraria Residence
About 508, Floraria Residence
508 is a studio of 411 sqft on the 5th floor of Floraria Residence, a 9-storey tower in Arjan by Mashriq Elite Real Estate Development . The developer sold it on 29 January 2025 for AED 625,000, or AED 1,521 per sqft, 5% above the AED 1,443 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold once; the dashed line is the studio median of each year in the building.
Studios in Floraria Residence, and where 508 sits
All 67 studios →508 last sold in January 2025 at AED 1,521 per sqft, 5% above what studios in Floraria Residence were fetching at the time (AED 1,443). Over the last 12 months studios sold for AED 720,000 to 735,000, around AED 1,753 per sqft, and rent for AED 58,000 to 58,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202523 April 2025 | 411 sqft | 630,000 | 1,532 | ||
| 24 Mar 202524 March 2025 | 412 sqft | 600,000 | 1,456 | ||
| 20 Mar 202520 March 2025 | 420 sqft | 660,000 | 1,572 | ||
| 24 Dec 202424 December 2024 | 398 sqft | 630,000 | 1,583 |
Floraria Residence
Building206 apartments, studios to 2-bed over 9 floors in Arjan by Mashriq Elite Real Estate Development . 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,565 Up 7.5%
- Typical sale
- AED 1.07M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.9%
Other units on the 5th floor
All 206 units in Floraria Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 735 sqft | AED 1.23MAED 1,230,000 · Nov 2025November 2025 | |||
| 502 | 829 sqft | AED 1.27MAED 1,265,000 · Oct 2025October 2025 | |||
| 503 | 1-bed | 821 sqft | AED 846KAED 845,500 · Mar 2024March 2024 | 85,000 /yr | |
| 504 | 1,679 sqft | AED 1.9MAED 1,900,000 · Oct 2025October 2025 | |||
| 505 | Studio | 420 sqft | AED 550KAED 550,000 · Nov 2023November 2023 | ||
| 506 | 1-bed | 767 sqft | AED 842KAED 841,500 · Jan 2024January 2024 | ||
| 507 | 398 sqft | AED 680KAED 680,000 · Sep 2025September 2025 | |||
| 509 | 1-bed | 818 sqft | AED 844KAED 843,900 · Nov 2023November 2023 | ||
| 510 | 761 sqft | AED 880KAED 880,000 · Oct 2025October 2025 | |||
| 511 | 1-bed | 949 sqft | AED 899KAED 899,000 · Apr 2024April 2024 | 85,000 /yr | |
| 512 | 413 sqft | AED 685KAED 685,000 · Mar 2025March 2025 | |||
| 513 | 411 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | |||
| 514 | Studio | 410 sqft | AED 650KAED 650,000 · Oct 2024October 2024 | 55,000 /yr | |
| 515 | 412 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | |||
| 516 | 411 sqft | AED 675KAED 675,000 · Oct 2025October 2025 | |||
| 517 | 1-bed | 824 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | ||
| 518 | 775 sqft | AED 1.07MAED 1,070,000 · Nov 2025November 2025 | |||
| 519 | 2-bed | 1,169 sqft | AED 1.25MAED 1,250,000 · Feb 2024February 2024 | ||
| 520 | 1,002 sqft | AED 1.25MAED 1,250,000 · Oct 2025October 2025 | |||
| 521 | Studio | 439 sqft | AED 650KAED 650,000 · Jul 2024July 2024 | 56,000 /yr | |
| 522 | Studio | 446 sqft | AED 637KAED 637,000 · Aug 2024August 2024 | ||
| 523 | 1-bed | 753 sqft | AED 853KAED 852,600 · Jan 2024January 2024 |
508, Floraria Residence in numbers
- Sold once: by Mashriq Elite Real Estate Development on 29 January 2025 for AED 625,000, or AED 1,521 per sqft.
- Studios in Floraria Residence sold for AED 720,000–735,000 in the 12 months to November 2026; the building's median across all types is AED 1,565 per sqft.
Source: Dubai Land Department. Updated 29 January 2025.
Questions about 508, Floraria Residence
What did unit 508 last sell for?
AED 625,000 on 29 January 2025, sold by the developer: AED 1,521 per sqft for 411 sqft. It is the only registered sale of the unit.
How big is unit 508?
411 sqft (38.2 sqm): a studio on the 5th floor of a 9-storey tower.
What is unit 508 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 720,000 to 735,000 in the last 12 months, around AED 1,753 per sqft.
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Mortgage on 508, Floraria Residence
Starts from the last sale price (AED 625K, 29 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →