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Tuscan Residences1-Florence 2

A studio in Tuscan Residences1-Florence 2 costs a median AED 475,000 and rents long-let for AED 45,000/yr (9.48% gross) — +1.0 pts vs Jumeirah Village Circle's 8.43% and +2.5 pts vs Dubai's 6.97% — from 7 sales and 33 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
2 in 12 months
Rental contracts · Studio
15 in 12 months
Buy
475,000AED
AED 916/sqft
Long-let
9.48%
AED 45,000/yr

Priced off the last 5 sales — most recent December 2025.

Yield spread
+1.0 pts
vs the Jumeirah Village Circle median for this unit type
Turnover upside
+14.5%
new tenants pay more than sitting ones — 34 renewals
AED/yr/sqft
AED 79
Sales
7
Rental contracts
33
Renewal rent
AED 39,300/yr
12 months
-7.0%

Based on 7 sales and 33 rental contracts in the last 24 months. Rental data covers the whole Tuscan Residence 1 project, not this tower alone.

Tuscan Residences1-Florence 2 is an apartment building in Jumeirah Village Circle, Dubai, one of the towers in the Tuscan Residence 1 development. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2025, 150 registered sales in all — the 7 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 475,0009169.48%
+1.0 pts
-7.0%7
1 bedAED 707,5007138.51%
+0.7 pts
2

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 1 bed: Priced off the last 5 sales — most recent August 2025.

Off-plan vs resale

Units sold off-plan in Tuscan Residences1-Florence 2 between 2009 and 2011 went for a median of AED 891/sqft (AED 803,000). The same building resells today at AED 891/sqft (AED 495,000) — an uplift of -38.4%.

Based on 73 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
Dubai Internet City
Mall
Mall of the Emirates
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Tuscan Residence 1, on the same figures over the same window.

Common questions

What is the rental yield in Tuscan Residences1-Florence 2?
Tuscan Residences1-Florence 2 returns 9.48% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 33 rental contracts registered in the last 24 months.
How much does a studio in Tuscan Residences1-Florence 2 cost?
The median registered sale price is AED 475,000 (916 AED/sqft), from 7 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Tuscan Residences1-Florence 2 risen or fallen?
Median price per square foot moved -7.0% over the last 12 months against the 12 before it, on 7 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Tuscan Residences1-Florence 2 compare with Jumeirah Village Circle?
Its 9.48% gross yield sits +1.0 pts against the Jumeirah Village Circle median of 8.43%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in Tuscan Residences1-Florence 2 pay more than sitting ones?
A new tenant pays +14.5% against a renewing one, across 34 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Tuscan Residences1-Florence 2 sale record

Record type
Building-level property market record
Data date
Evidence base
7 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/tuscan-residences1-florence-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Tuscan Residences1-Florence 2 sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/tuscan-residences1-florence-2.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.