Florence 1 in Dubai
Dubai buildings

Florence 1

Downtown

Florence 1 is a modern residential building located in a vibrant urban area, featuring easy access to local amenities.

Community

Downtown

Building type

Residential Tower

Completion

2022

Floors / units

20

About

About Florence 1

Florence 1 is a modern residential tower strategically located in Downtown Miami, offering stunning views of the city skyline. The building boasts a variety of luxury amenities, including a rooftop pool, landscaped gardens, and direct access to local shops and restaurants, making it an ideal choice for urban living.

Modern Design

The building features contemporary architecture that appeals to many tenants.

Prime Location

Situated in a vibrant neighborhood with easy access to public transport and amenities.

Eco-friendly Features

Incorporates sustainability practices, including solar panels and energy-efficient systems.

Building facts

Florence 1 facts and source signals

Developer
Greenstone Developments
Completion
2022
Floors
20
Unit mix
Average unit size 1,200 sq. ft.
Building type
Residential Tower
Construction start
2020
Consultant
Urban Design Group
Coordinates
0.00000, 0.00000

Decision context

What to know before shortlisting Florence 1

Amenities and living fit

  • Rooftop swimming pool
  • Fully equipped fitness center
  • 24/7 concierge service
  • Clubhouse and lounge area
  • Outdoor barbecue area

Profile ratings

Family Friendliness4.5/5

Exceptionally Welcoming. Florence 1 offers a safe and nurturing environment with plenty of parks and recreational areas for children, making it...

Living Options4.0/5

Broadly Diverse. The community boasts a variety of housing options including single-family homes, apartments, and townhouses which cater...

Safety And Security4.7/5

Remarkably Secure. With low crime rates and strong community policing initiatives, residents feel safe and secure in their neighborhoods.

Transportation3.8/5

Moderately Convenient. While public transportation options are available, having a personal vehicle is beneficial due to limited routes and sc...

Investor watch points

  • High Maintenance Costs - The building's upkeep can be expensive, impacting overall affordability for residents.
  • Noise Levels - Proximity to busy streets results in higher noise levels, which may be disruptive.
  • Limited Parking Space - The building has insufficient parking, creating challenges for residents with vehicles.
  • Future Development - Nearby developments could increase property value but may also add congestion.
  • Community Regulations - Residents should be aware of community rules that may impact use and modifications.

Community benchmark evidence

Community benchmark sales near this building

DateBedsProject/buildingSale amountSale PSF
Jun 25, 20263 BRBurj Vista 1AED 3,900,000AED 2,144/sqft
Jun 25, 20261 BRInaura Hotels & ResidencesAED 3,885,000AED 4,965/sqft
Jun 25, 20261 BRInaura Hotels & ResidencesAED 3,814,250AED 4,730/sqft
Jun 25, 20261 BRVida Dubai Mall Tower 1AED 2,350,000AED 2,622/sqft
Jun 25, 20261 BRSociety HouseAED 2,148,419AED 2,905/sqft

Community benchmark evidence

Community benchmark rentals near this building

DateBedsProject/buildingAnnual rentRent PSF
Jun 25, 20262 BRThe Address Residences Dubai Opera Tower 2AED 290,000/yrAED 236/sqft
Jun 25, 20262 BRBurj RoyaleAED 180,000/yrAED 172/sqft
Jun 24, 20263 BRThe Address Residences Dubai Opera Tower 1AED 350,000/yrAED 224/sqft
Jun 23, 20263 BRThe Address Residences Dubai Opera Tower 1AED 276,923/yrAED 166/sqft
Jun 22, 20262 BRZaafaran 3AED 200,000/yrAED 69/sqft

Investor questions

Florence 1 questions investors usually check

Where is Florence 1 located?

Florence 1 is in Downtown. Use the community profile and nearby transport, school and amenity context to compare the location before shortlisting.

What type of building is Florence 1?

Florence 1 is profiled as Residential Tower. Completion evidence: 2022. Unit mix: Average unit size 1,200 sq. ft..

Is there transaction evidence for Florence 1?

PropertyStellar shows 10 recent sale rows and 10 recent rental rows for this building or its benchmark context.

How should investors compare Florence 1?

Compare Florence 1 with same-community buildings, nearby schools, transport access, rent evidence and the community investment profile rather than relying on a single listing headline.

Related buildings

Other building guides in Downtown

HomeMapJourneyTools
Florence 1, Downtown | Rent & Location