Flora Bay
Flora Bay Offered by Buy Dubai Off-Plan
Flora Bay

Flora Bay

by Cay Residences Development in Dubai Islands View on map Under construction

Starting price
AED 1,860,000
Payment plan
50/50
Handover
Q1 2028

โ‰ˆ โ‚ฌ 446,000

Project details

Starting price AED 1,860,000 โ‰ˆ โ‚ฌ 446,000 What will my monthly payments be?
Payment plan 50/50 50% during construction, 50% at handover
Handover Q1 2028 Under construction
Bedrooms 1234
Property type
Apartment
Floor area
69 to 293 mยฒ
Location
Dubai Islands
Project brochure
Free, with no obligation

The Flora Bay brochure

Download the free brochure for Flora Bay from Cay Residences Development in Dubai Islands with all the information about this project.

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

About Flora Bay

  • Apartments with 1 to 4 bedrooms, partly with extra room and private pool
  • Located on Dubai Islands, right on the water with sea view
  • Low construction with white facades, floor-to-ceiling windows and wooden accents
  • Facilities such as swimming pool, gym, co-working space, playground and concierge
  • Handover planned for Q1 2028 with a 50/50 payment plan

Flora Bay at a glance

Flora Bay is a residential project by Cay Residences Development, located on Dubai Islands in Dubai. The project consists of 1 to 4 bedroom apartments, some of which have an extra room (maidโ€™s room) and a private pool. Handover is planned for Q1 2028. The starting price for an apartment is AED 1,860,000. The building has a low build architecture with white facades, floor-to-ceiling windows and wooden accents, inspired by the movement of ocean waves. Each apartment has sea views and a spacious balcony. The common amenities include a swimming pool, gym, co-working space, playground and concierge service.

Flora Bay residents benefit from a direct waterfront location on Dubai Islands, with access to a private beach club and water sports facilities. The outdoor areas are designed for relaxation, with an infinity pool, yoga deck and landscaped garden paths. The apartments have a smart layout with open living areas that extend to large balconies, which seamlessly intersect inside and outside. Kitchens are equipped with high-quality appliances and stone worktops, and the bathrooms have a spa-like finish. Smart home technology enables residents to operate lighting, climate and security with one tap.

What you buy at Flora Bay

The project offers apartments with 1 to 4 bedrooms. The 1 bedroom apartments range from 68 to 121 m2 and are on floors 1 to 8. The 2 bedroom apartments have areas from 107 to 232 m2 and are also available on floors 1 to 8. The 3 bedroom apartments with extra room (maidโ€™s room) range from 187 to 203 m2 and are on floors 2 to 7. On the 8th floor there is a 3 bedroom apartment with extra room (maidโ€™s room) of 192 m2. The 4 bedroom apartment with private pool and extra room (maidโ€™s room) has an area of 292 m2 and is on the 6th floor.

The apartments have an open layout with living rooms that open onto spacious balconies, ensuring a seamless transition between inside and outside. The kitchens are equipped with high-quality appliances, stone worktops and built-in wardrobes. The bathrooms have a spa-like look with natural stone finish and subtle LED lighting. Each home is equipped with smart home technology that makes lighting, climate and security easy to operate. The material selection includes floor-high glass panels, limestone and warm wooden accents, which contributes to a modern but relaxed atmosphere. The 4 bedroom apartment on the 6th floor features a private swimming pool and extra room (maidโ€™s room).

Architecture of Flora Bay by Cay Residences Development

Flora Bay is a low-rise project with an architecture inspired by the movement of ocean waves. The facades have a white finish and feature floor-to-ceiling glass panels, limestone and warm wooden accents. The building has a large lobby and is designed so that every house has sea views. The outdoor areas are landscaped with garden paths and common areas that connect to the natural coastline of Dubai Islands. The project includes a range of amenities including a swimming pool, gym, co-working space, playground, BBQ room and a multifunctional hall. Residents can use a concierge service and covered seating.

Cay Residences Development is the developer of Flora Bay. The company has developed this project with a focus on waterfront living on Dubai Islands. The choice of a low-rise structure is in line with the environment and ensures an open character. Residents benefit from a range of facilities designed for relaxation and community feel, such as an infinity pool, yoga deck and a private beach club. The developer works with registered real estate agents who guide the purchase process, so that buyers do not have to contact the developer directly. This ensures a smooth and transparent purchasing process.

Location and surroundings of Dubai Islands

Flora Bay is located on Dubai Islands, a waterfront destination in Dubai. The island offers a mix of living, recreation and amenities, with direct access to beaches and water activities. The location provides a quiet environment with sea views, while the main parts of Dubai are easily accessible via the surrounding roads. Dubai Islands is an emerging area with various residential projects, hotels and recreational facilities. The community is designed to strike a balance between urban convenience and natural beauty, with walking trails along the water and green areas.

From Flora Bay several important locations in Dubai are easily accessible by car. The distances are as follows: Dubai Islands Mall approximately 5 minutes, Waterfront Market approximately 10 minutes, Dubai Festival City approximately 20 minutes and Dubai International Airport approximately 20 minutes. Business Bay is approximately 30 minutes away, Museum of the Future is approximately 25 minutes away, Burj Khalifa is approximately 35 minutes away and Burj Al Arab is approximately 40 minutes away. This central location makes the project interesting for residents who appreciate both tranquility and urban facilities.

The 50/50 payment plan at Flora Bay

The payment plan for Flora Bay is set up as a 50/50 scheme. This means that 50% of the purchase price is paid during construction and the remaining 50% at handover. The deposit is 5% of the purchase price. The handover is planned for Q1 2028, giving buyers sufficient time to spread the payments. The exact payment schedule may vary per house and will be determined in consultation with the sales agent. The real estate agent provides insight into the interim deadlines and ensures that all payments are made in accordance with the legal requirements. This offers buyers clarity and certainty during the purchase process.

When purchasing a property in Flora Bay, the buyer is accompanied by a registered real estate agent with a RERA licence. This real estate agent is registered with the Dubai Land Department and takes care of the entire sales process. The buyer does not have to contact the developer or sales team of Cay Residences Development. All communication and documentation runs through the real estate agent, who also helps in arranging the necessary formalities. As a result, the purchasing process remains clear and transparent. The real estate agent answers questions about the payment plan, handover and the legal aspects of the purchase.

Amenities

Payment plan for Flora Bay

50%50%
50%
During construction, in instalments
AED 930,000
โ‰ˆ โ‚ฌ 223,000
50%
After handover
AED 930,000
โ‰ˆ โ‚ฌ 223,000

Handover of Flora Bay

7 quarters until the planned handover, about 1.8 years.

Q3 2026
Now
Q1 2028
Planned handover

The handover date is an indication given by the developer and can change. Each block is one quarter. The dark blocks count the quarters this project has been listed on our site; they do not mean that construction has started or how far along it is. Check the date in the sale agreement.

Monthly payments and your own funds

How much do you need for Flora Bay, 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 4,706

โ‰ˆ โ‚ฌ 1,130 per month

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

Your funds during constructionin instalments according to the payment plan
AED 930,000โ‰ˆ โ‚ฌ 223,200
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 930,000โ‰ˆ โ‚ฌ 223,200
Purchase costs4% DLD fee and mortgage costs
AED 86,895โ‰ˆ โ‚ฌ 20,900
Total funds required
AED 1,016,895โ‰ˆ โ‚ฌ 244,100
Request finance guidance for Flora Bay
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 Flora Bay

Location

Dubai Islands, Dubai Burj Al Arab: about 40 minutes by car ยท Burj Khalifa: about 35 minutes by car
Open in Google Maps

Travel times from Flora Bay

  • Burj Al Arab: about 40 minutes by car
  • Burj Khalifa: about 35 minutes by car
  • Business Bay: about 30 minutes by car
  • Dubai Festival City: about 20 minutes by car
  • Dubai International Airport: about 20 minutes by car
  • Dubai Islands Mall: about 5 minutes by car
  • Museum Of The Future: about 25 minutes by car
  • Waterfront Market: about 10 minutes by car

About Cay Residences Development

View the full selection from Cay Residences Development in Dubai.

All projects by Cay Residences Development

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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.