Florence 1

Completed|73 units · 1 building

Florence 1 is a completed development by DAMAC in Jumeirah Village Circle, comprising 73 registered units. 214 sales are registered with the Dubai Land Department, at a current PIX© price of AED 801 per sqft. At AED 801 per sqft, Florence 1 prices 16% below the Jumeirah Village Circle median of AED 957 per sqft on registered sales.

PIX© price · ↓2.0% YoY

783KAED

Typical

801AED

PSF

Gross yield

7.9%

PIX© rent ÷ PIX© price

Sale records

214

DLD · all time

Rent contracts

618

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai19 min · 19.1 km

DXB Airport24 min · 31.9 km

DIFC24 min · 23.1 km

Dubai Marina19 min · 16.7 km

Palm Jumeirah22 min · 18.0 km

Nearby · straight-line

Metro stationDubai Internet City5.5 km

MallCircle Mall0.7 km

SchoolJSS International School1.4 km

HospitalNeuro Spinal Hospital4 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 2

…

Studio on Floor 2, Florence 1

Size
Record: Feb 2010 to Sep 2026
Owners: 6
Tenants: 7
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
7Tenant 7	2 Sep 2026		Renewal Owner 6
7Tenant 7	2 Sep 2025	12 mo	Owner 6
6Tenant 6	20 Dec 2024	8 mo	Ended early Owner 6
6Owner 6	21 Nov 2024	23 mo	Current owner
5Owner 5	29 Feb 2024	9 mo	Sold with tenant in place
5Tenant 5	20 Sep 2023	14 mo	Renewal Owner 4
5Tenant 5	20 Sep 2022	12 mo	Owner 4
4Owner 4	12 Sep 2022	18 mo
3Owner 3	23 Feb 2022	7 mo
4Tenant 4	1 Jan 2021	13 mo	Owner 2
3Tenant 3	2 Mar 2018	2.8 yrs	Owner 2
2Owner 2	5 Sep 2016	5.5 yrs	Sold with tenant in place
2Tenant 2	10 Jun 2016	20 mo	Owner 1
1Tenant 1	26 May 2015	13 mo	Owner 1
1Owner 1	23 Feb 2010	6.5 yrs	Mortgage

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 2 · Florence 1

Nightly rateAED

Occupancy (237 nights)

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Florence 1801AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 502 - 2,553 sqft	73	783K	801	↓2.0%	62K	7.9%
Residential
Studio · Apartment 502 - 695 sqft	23
1 Bed · Apartment 837 - 1,750 sqft	42
2 Bed · Apartment 1,846 - 2,553 sqft	5
Commercial
Shop 683 - 1,506 sqft	3			-

Sales - Project-Wide214 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
25 Sep 2026	1 Bed	Florence 1 · Floor 2	1,009	650,000	644	-20.8%	Standard	Standard Sale
5 Aug 2026	—	Florence 1 · Floor G	1,506	2,750,000	1,826	+258.0%	Standard	Standard Sale
31 Mar 2026	Studio	Florence 1 · Floor 3	541	485,000	896	-3.0%	Standard	Standard Sale

Rentals - Project-Wide618 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Nov 2026	Studio	Florence 1 · Floor 3	503	38,000	76	-	Entry Level	CONTRACT
7 Oct 2026	Studio	Florence 1 · Floor 2	502	48,000	96	-	Standard	CONTRACT
5 Oct 2026	1 Bed	Florence 1 · Floor 3	1,011	52,500	52	-	Entry Level	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Florence 1

Compared with

Gardenia 1

PIX© PSF

798

Rank

#53 of 60

#52 of 60

Typical price

760K

Yield

8.2%

Units

106

Sales

Rents

231

315

Developer

DAMAC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Lavender 1 DAMAC · Completed	84					29	236
	Maple 1 DAMAC · Completed	91					34	243
	May Residence 4 MAY REAL ESTATE DEVELOPMENT · Completed	70					51	201
	Magnolia 1 DAMAC · Completed	100					39	308
	Gardenia 1 DAMAC · Completed	106					38	315
53	Florence 1 DAMAC · Completed	73	798	Subject	760K	8.2%	29	231
	May Residence 5 MAY REAL ESTATE DEVELOPMENT · Completed	64					57	185
	Dune Residency BEAVER GULF REAL ESTATE DEVELOPMENT L.L.C · Completed	99					185	320
	Villa Pera FIVE REAL ESTATE DEVELOPMENT L.L.C · Completed	81					38	136
	Maple 2 DAMAC · Completed	92					41	297
	Siena 1 DAMAC · Completed	90					25	285

Community median 957 AED/sqft. Showing the closest-ranked peers of 60 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 148 excluded for trading only in the off-plan market. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Gardenia 1AED 809/sqft
Magnolia 1AED 810/sqft
May Residence 4AED 812/sqft
Maple 1AED 815/sqft
May Residence 5AED 787/sqft
Dune ResidencyAED 787/sqft

Common questions about Florence 1

Answered from Dubai Land Department registered transactions.

How much does a property in Florence 1 cost?

Property in Florence 1 sells at a current PIX© price of AED 801 per sqft, or about AED 782,878 for a typical unit, based on 214 sales registered with the Dubai Land Department.

Is Florence 1 completed?

Yes. Florence 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Florence 1?

Florence 1 is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Florence 1?

Florence 1 yields 7.9% gross, calculated from current PIX© rent against current PIX© sale price, across 618 registered Ejari contracts.

How many units are in Florence 1?

Florence 1 holds 73 registered units, per the Dubai Land Department unit register.

Have prices in Florence 1 gone up or down?

Price per sqft has fallen -2.0% over the last 12 months, to AED 801, across 214 registered sales.