DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
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Floarea Residence

Completed

by Mashriq Elite Real Estate Development · Arjan

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Floarea Residence is AED 815,000 (AED 1,583 per sqft), in line with the Arjan median of AED 1,561 per sqft, from 54 sales in the last 12 months. It is completed and trades as ready homes. The escrow account is at Mashreq Bank Psc.

Build progress100%
Planned handoverApr 2025
Units206
Median priceAED 815,000middle half AED 716K to AED 1.27M
Price / sqftAED 1,583area median AED 1,561
Sales, 12 months54292 since launch

Schedule check

Completed. Units trade as ready homes.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number2651
DeveloperMashriq Elite Real Estate Development
Escrow bankMashreq Bank Psc
Start date24 March 2023
Registered28 July 2023
DLD areaAl Barshaa South Third
CommunityArjan

Compare with other projects in Arjan

ProjectDeveloperStatusMedian pricePrice / sqftSales
Floarea ResidenceMashriq Elite Real Estate DevelopmentReadyAED 815K1,58354
Torino By Oro24Oro24 Real Estate DevelopmentReadyAED 800K1,647115
Skyz By DanubeDanube Properties DevelopmentReadyAED 750K1,517105
Siraj TowerAl Madar InvestmentReadyAED 800K1,16673
Miraclz TowerDanube Properties DevelopmentReadyAED 565K1,31853
Marquis OneMarquis Home Developer0%AED 841K1,689389
Samana Imperial GardenSamana Signature Real Estate Developments4%AED 968K1,911315

Areas: Arjan

Other projects by Mashriq Elite Real Estate Development

Floarea OasisFloarea Skies

Mashriq Elite Real Estate Development

Projects at a similar price

Centrium TowerBinghatti EliteAzizi GrandMag 777

Projects anywhere in Dubai with the closest median sale price.

Questions buyers ask

How much does a home in Floarea Residence cost?

The median DLD sale price is AED 815,000 (AED 1,583 per sqft), from 54 sales in the last 12 months. The middle half of sales ran from AED 716,250 – AED 1.27M.

Is Floarea Residence completed?

Yes. The DLD registry lists the project as completed, so units trade as ready homes.

Who is the developer of Floarea Residence?

Mashriq Elite Real Estate Development. The DLD registry lists 3 projects by this developer, 1 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.