Floarea Residence
Floarea Residence Offered by Buy Dubai Off-Plan
Floarea Residence

Floarea Residence

by Mashriq Elite in Arjan View on map Completed

Starting price
AED 650,000
Payment plan
50/50
Handover
Q2 2025

โ‰ˆ โ‚ฌ 156,000

This project was completed in Q2 2025. The price shown is the original launch price. Availability is through the resale market. Contact us to ask what is currently for sale.

Project details

Starting price AED 650,000 โ‰ˆ โ‚ฌ 156,000 What will my monthly payments be?
Payment plan 50/50 50% during construction, 50% at handover
Handover Q2 2025 Completed
Bedrooms Studio
Property type
Apartment
Floor area
38 to 160 mยฒ
Developer
Mashriq Elite
Location
Arjan
Project brochure
Free, with no obligation

The Floarea Residence brochure

Download the brochure for Floarea Residence van Mashriq Elite Developments in Arjan for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Floarea Residence

  • Modern apartments with smart home features and high-quality finishes

  • Extensive facilities including an infinity pool, gym, and rooftop clubhouse

  • Conveniently located in Arjan, close to Dubai Miracle Garden and Dubai Sports City

  • Apartments ranging from 38.09 to 160.07 m2, suitable for diverse needs

  • Flexible payment plan: 50% during construction and 50% on completion

Floarea Residence at Arjan (Dubai): Luxury homes by Mashriq Elite

Floarea Residence in Arjan is a new project by Mashriq Elite Developments that combines modern living comfort with a balanced lifestyle. This project offers a selection of studio, 1-bedroom, and 2-bedroom apartments, spread across an impressive nine-storey building. The location in Arjan is ideal for those who appreciate the tranquillity of a residential neighbourhood, yet wish to live close to the dynamism of Dubai. The project is distinguished by its high-quality finishes, including Italian tiles and advanced smart home features. In addition, Floarea Residence boasts a wide range of facilities, such as an infinity pool, a natural garden atrium, and a fully equipped gym. Completion is scheduled for the second quarter of 2025, making this an excellent opportunity for investors seeking a future-proof real estate project in Dubai. With prices starting from AED 545,000, it is also an accessible investment in a growing market.

Home types and layouts at Floarea Residence Arjan (Dubai)

Floarea Residence offers a diverse range of apartments, suitable for different lifestyles and needs. The studios, with an area starting from 38.09 m2, are perfect for singles or young couples looking to live compactly yet comfortably. The 1-bedroom apartments offer more space and are ideal for small families or professionals who work from home. The 2-bedroom apartments, with areas up to 160.07 m2, provide spacious living environments for families or couples who enjoy entertaining guests. All units are fitted with high-quality materials, such as Italian tiles and advanced Teka kitchen appliances, including a fridge, oven, microwave, and washing machine. In addition, each apartment features smart home features, such as automated curtains, which significantly simplify daily life. The careful layout and attention to detail make these homes an excellent choice for both residents and investors.

About the developer Mashriq Elite and the Floarea Residence design

The Floarea Residence building has nine storeys and stands out for its modern architecture and high-quality finishes. Upon entry, residents are welcomed by a grand waterfall, which immediately provides a luxurious appearance. The first floor houses an infinity pool, a childrenโ€™s pool, and a natural garden atrium, while the upper floors are reserved for the apartments. On the roof, there is an exclusive clubhouse with BBQ facilities, perfect for social gatherings. Mashriq Elite Developments, the developer behind this project, is known for its attention to quality and innovation. With a track record of successful projects in Dubai, this developer guarantees careful execution and timely completion. The combination of high-quality materials, smart technology, and extensive facilities makes Floarea Residence a project that meets the expectations of the most demanding buyers.

Prime location in Arjan (Dubai) near key Dubai destinations

Floarea Residence is located in Arjan, a rapidly growing district in Dubai known for its tranquil atmosphere and excellent connections. The location offers the best of both worlds: a serene environment with easy access to the bustling city. Key attractions such as Dubai Miracle Garden and Dubai Butterfly Garden are just a five-minute drive away, while Dubai Sports City is within easy reach for sports enthusiasts. Dubai International Airport is approximately 25 minutes away, which is ideal for frequent travellers. In addition, First Avenue Mall is a ten-minute drive away, offering shops, restaurants, and entertainment options. Sheikh Zayed Road, one of Dubaiโ€™s main traffic arteries, can be reached in twenty minutes, making other parts of the city quickly accessible. This advantageous location makes Floarea Residence attractive not only for residents but also for investors seeking a location with growth potential.

Flexible payment plan for Floarea Residence homes

The payment plan for Floarea Residence is designed to offer investors and buyers flexibility. The plan provides for a payment of 50% during the construction phase and the remaining 50% on completion. This allows the investment to be made in phases, without having to pay the full amount immediately. For investors, this is an attractive option as it spreads the financial pressure over a longer period. Prices for the apartments start at AED 545,000, making the project accessible to a wide range of buyers. It is important to emphasise that we can guide you through the entire purchase process, including financial planning and legal support. With completion planned for Q2 2025, Floarea Residence offers an excellent opportunity to invest in a project with strong value growth, thanks to its favourable location and high-quality execution.

Amenities

Payment plan for Floarea Residence

50%50%
50%
During construction, in instalments
AED 325,000
โ‰ˆ โ‚ฌ 78,000
50%
After handover
AED 325,000
โ‰ˆ โ‚ฌ 78,000

Monthly payments and your own funds

How much do you need for Floarea Residence, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 1,645

โ‰ˆ โ‚ฌ 390 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 325,000โ‰ˆ โ‚ฌ 78,000
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 325,000โ‰ˆ โ‚ฌ 78,000
Purchase costs4% DLD fee and mortgage costs
AED 30,933โ‰ˆ โ‚ฌ 7,400
Total funds required
AED 355,933โ‰ˆ โ‚ฌ 85,400
Request finance guidance for Floarea Residence
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Floarea Residence

Location

Arjan, Dubai Dubai International Airport: 25 minutes (car) ยท Dubai Miracle Garden: 05 minutes (car)
Open in Google Maps

Travel times from Floarea Residence

  • Dubai International Airport: 25 minutes (car)
  • Dubai Miracle Garden: 05 minutes (car)
  • First Avenue Mall: 10 minutes (car)
  • Sheikh Zayed Road: 20 minutes (car)

About Mashriq Elite

Mashriq Elite has an impressive portfolio of off-plan property projects in Dubai, ranging from luxury apartments to modern villas. These projects are located in strategic locations such as Downtown Dubai, Dubai Marina, and Business Bay, where demand for property continues to grow. An example is the recently launched "SkyVista Residences", a residential tower with units from 85 m2 and prices starting from AED 1,200,000. Additionally, Mashriq Elite offers projects such as "Oasis Heights" and "Harbour Lights", both known for their innovative architecture and high-quality finishes. By investing in an off-plan project from Mashriq Elite, you benefit from favourable terms during the construction phase, such as staged payments. Would you like to know more about the available projects? Contact us for a complete, tailored overview.

Mashriq Elite has been active in real estate development in Dubai for over 15 years and has established itself as a reliable player in the market. The developer began with small-scale residential projects and grew into a renowned name with iconic buildings such as "The Elite Tower" in Jumeirah Village Circle. Through consistent quality and timely handovers, Mashriq Elite has won several awards, including the "Dubai Property Award" for best architecture. Their focus on sustainability and modern design elements makes their projects popular with both local and international investors. With a track record of high rental yields and capital appreciation, Mashriq Elite remains a favourite among property investors. For questions about their historical projects or future plans, you can always contact us.

All projects by Mashriq Elite

Similar projects

Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.