Market bulletin · Thu, 22 Oct 2026
Urban Oasis (I Love Florence Tower): 2 sales worth AED 3.67M in 30 days
Urban Oasis (I Love Florence Tower) recorded 2 sales worth AED 3.67M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Business Bay, Urban Oasis (I Love Florence Tower) ranked #11 of 11 leading projects by 12-month sales value; it is developed by Dar Al Arkan.
Leases registered in the last three months had a median annual rent of AED 125K. The best gross yield is on 2 BR apartments at about 6.6%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 2,183 |
| Nov 25 | AED 2,201 |
| Oct 25 | AED 2,091 |
| Sept 25 | AED 2,252 |
| Aug 25 | AED 1,957 |
| Jul 25 | AED 1,924 |
| Jun 25 | AED 2,150 |
| May 25 | AED 2,266 |
| Apr 25 | AED 2,231 |
| Mar 25 | AED 2,134 |
| Feb 25 | AED 1,883 |
| Jan 25 | AED 2,272 |
| Dec 24 | — |
| Nov 24 | AED 2,155 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 3 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 3 |
| Dec 25 | 0 | 0 | 6 |
| Nov 25 | 0 | 0 | 7 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | — | AED 3.67M | — | — |
| Last 3 months | 4 | up 100.0% | AED 10.9M | — | — |
| Last 6 months | 6 | down 66.7% | AED 13.6M | 2,191 | up 0.4% |
| Last 12 months | 24 | down 78.0% | AED 60.0M | 2,183 | up 4.4% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 24 | 100% | AED 2.29M | 2,183 | up 4.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 3 | 13% | — | — | — |
| 1 bedroom | 4 | 17% | — | — | — |
| 2 bedrooms | 14 | 58% | AED 2.37M | 2,157 | up 1.1% |
| 3 bedrooms | 3 | 13% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 7 | 29% | AED 1.32M | 2,170 | up 8.1% |
| AED 2M–10M | 17 | 71% | AED 2.41M | 2,196 | up 1.1% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 190K |
| Sept 26 | AED 136K |
| Aug 26 | AED 125K |
| Jul 26 | AED 98K |
| Jun 26 | AED 100K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | AED 135K |
| Feb 26 | AED 110K |
| Jan 26 | AED 125K |
| Dec 25 | AED 110K |
| Nov 25 | AED 103K |
| Oct 25 | AED 125K |
| Sept 25 | AED 118K |
| Aug 25 | AED 118K |
| Jul 25 | — |
| Jun 25 | AED 150K |
| May 25 | AED 135K |
| Apr 25 | AED 120K |
| Mar 25 | AED 135K |
| Feb 25 | AED 110K |
| Jan 25 | AED 110K |
| Dec 24 | AED 118K |
| Nov 24 | AED 103K |
- Leases (12M)
- 226
- New leases
- 74.3%
- Median rent 3M
- AED 125K
- Rent/sqft 3M
- AED 129
| 2 BR apartments | AED 155K / AED 2.37M | 6.6% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 22 | AED 74K | AED 65K | 153 |
| 1 BR | 76 | AED 100K | AED 98K | 141 |
| 2 BR | 63 | AED 155K | AED 165K | 136 |
| 3 BR | 20 | AED 285K | AED 310K | 150 |
Competing projects in Business Bay
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bugatti ResidencesBinghatti | 26 | 5,436 | — |
| DWTN Residences - Downtown ResidencesDeyaar Development | 294 | 2,773 | — |
| Al Habtoor TowerAl Habtoor Group | 177 | 2,661 | — |
| One by BinghattiBinghatti | 172 | 2,205 | up 2.7% |
| Tiger Sky TowerTiger Properties - Tiger Real Estate | 156 | 2,350 | — |
| Volante 2Xtreme Vision | 12 | 3,491 | — |
| Burj Binghatti by Jacob & CoBinghatti | 27 | 3,523 | — |
| Avarra - Business Bay Palace ResidencesEmaar Properties | 59 | 3,460 | — |
| One River PointEllington Properties Development | 79 | 2,714 | — |
| Bayz 102 By DanubeDanube Properties | 93 | 2,955 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.90M | 3 BR Apartment · 1,902 sqftUrban Oasis (I Love Florence Tower) · Business Bay | 30 Jul |
| AED 2.63M | 2 BR Apartment · 1,224 sqftUrban Oasis (I Love Florence Tower) · Business Bay | 29 Sept |
| AED 2.33M | 2 BR Apartment · 1,172 sqftUrban Oasis (I Love Florence Tower) · Business Bay | 6 Aug |
| AED 1.03M | Studio Apartment · 424 sqftUrban Oasis (I Love Florence Tower) · Business Bay | 23 Sept |
Questions about Urban Oasis (I Love Florence Tower)
How many properties were sold in Urban Oasis (I Love Florence Tower) in the last year?
24 sales worth AED 60.0M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Urban Oasis (I Love Florence Tower)?
The median annual rent on leases registered in the last three months was AED 125K, and the best gross rental yield is about 6.6%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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