Florence 1
Downtown
Florence 1 is in Downtown. This guide covers available building facts, amenities and location. Any transaction rows below are clearly separated community context, not validated direct building transactions.
Community
Downtown
Building type
Residential Tower
Completion
2022
Floors / units
20
About
About Florence 1
Florence 1 is in Downtown. This guide covers available building facts, amenities and location. Any transaction rows below are clearly separated community context, not validated direct building transactions.
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.
Investor context
Investor context for this building
Florence 1 sits in or near Downtown. Use this page as a starting point, then compare building-level evidence with community evidence before shortlisting.
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
Exceptionally Welcoming. Florence 1 offers a safe and nurturing environment with plenty of parks and recreational areas for children, making it...
Broadly Diverse. The community boasts a variety of housing options including single-family homes, apartments, and townhouses which cater...
Remarkably Secure. With low crime rates and strong community policing initiatives, residents feel safe and secure in their neighborhoods.
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 Market Context: Recent Sales
Evidence disclosure
Community market context
10 sale rows and 10 rental rows are community context, not direct building transactions. They are kept separate from building facts.
- Source scope
- im-31390
- Evidence updated
- Sep 12, 2026
- Rows shown
- 10 sale · 10 rental
| Date | Status | Beds | Project/building | Size | Sale amount | Sale PSF |
|---|---|---|---|---|---|---|
| Sep 10, 2026 | ready | 2 BR | The Residence 3 | 1,435 sqft | AED 4,500,000 | AED 3,136/sqft |
| Sep 10, 2026 | ready | 0 BR | Dunya Tower | 402 sqft | AED 1,090,000 | AED 2,714/sqft |
| Sep 9, 2026 | ready | 3 BR | Forte 1 | 1,723 sqft | AED 5,300,000 | AED 3,077/sqft |
| Sep 9, 2026 | offplan | 2 BR | The St. Regis The Residences Tower 2 | 1,348 sqft | AED 4,600,000 | AED 3,412/sqft |
| Sep 9, 2026 | ready | 3 BR | Mada Residences | 2,102 sqft | AED 3,658,500 | AED 1,741/sqft |
Community benchmark evidence
Community Market Context: Recent Rentals
| Date | Status | Beds | Project/building | Size | Annual rent | Rent PSF |
|---|---|---|---|---|---|---|
| Sep 10, 2026 | new | 2 BR | The Address Fountain Views 3 | 1,580 sqft | AED 340,000/yr | AED 215/sqft |
| Sep 10, 2026 | renewal | 3 BR | DAMAC Maison The Distinction | 1,731 sqft | AED 190,000/yr | AED 110/sqft |
| Sep 10, 2026 | new | 1 BR | The Address Fountain Views 3 | 842 sqft | AED 150,000/yr | AED 178/sqft |
| Sep 9, 2026 | new | 2 BR | Vida Residence Downtown | 1,372 sqft | AED 180,000/yr | AED 131/sqft |
| Sep 8, 2026 | new | 2 BR | Grande | 1,284 sqft | AED 150,000/yr | AED 117/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?
Direct building transaction evidence is not yet validated. Any rows shown are labelled as Downtown community market context.
How should investors compare Florence 1?
Compare Florence 1 with same-community buildings, nearby schools, transport access, available evidence and the community investment profile rather than relying on a single listing headline.
Should I use building evidence or community evidence for Florence 1?
Use the Downtown community benchmark as planning context until direct building evidence is validated, and verify current service charges and availability before deciding.
Where can I check nearby transaction context for Florence 1?
Review Dubai transaction evidence and the Downtown community guide for broader context while direct building evidence is pending.
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