About Floarea Oasis
Floarea Oasis is a residential building by Mashriq Elite Real Estate Development, in Wadi Al Safa 5, Dubai. It rises 14 storeys (3 basement levels, a ground floor, 13 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 257 homes.
Key information
Developer
Mashriq Elite Real Estate Development
- Expected handover
- TBC
- Status
- Not started
- Location
- Wadi Al Safa 5, Dubai
- Master project
- Dubai Land Residence Complex
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 257
- Registered with DLD
- 15 Apr 2025
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 019500000764
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction4% complete
- Expected handoverTBC
Construction progress
14 inspection photos from the Dubai Land Department. Latest 05 May 2026 at 4% complete.
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
.jpeg&w=828&q=75)
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
18 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
221
Median price
AED 749K
Median price / sqft
AED 1K+1%
Off-plan share
100%
Priced 36% above than the Wadi Al Safa 5 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 119 | 430 sqft | AED 682K | AED 2K |
| 1 Bed | 77 | 824 sqft | AED 1.1M | AED 1K |
| 2 Bed | 25 | 1,238 sqft | AED 1.5M | AED 1K |
Price per sqft by year
+1% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 26 Aug 2026 | Off-plan | 829 sqft | AED 1.0M | AED 1K |
| 18 Aug 2026 | Off-plan | 461 sqft | AED 670K | AED 1K |
| 18 Aug 2026 | Off-plan | 1,237 sqft | AED 1.8M | AED 1K |
| 07 Aug 2026 | Off-plan | 426 sqft | AED 593K | AED 1K |
| 07 Aug 2026 | Off-plan | 856 sqft | AED 1.2M | AED 1K |
| 05 Aug 2026 | Off-plan | 413 sqft | AED 593K | AED 1K |
| 03 Aug 2026 | Off-plan | 412 sqft | AED 702K | AED 2K |
| 29 Jul 2026 | Off-plan | 762 sqft | AED 1.1M | AED 1K |
Unit mix
257 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 129 | 409 - 461 sqft |
| 1 B/R | 102 | 762 - 917 sqft |
| 2 B/R | 26 | 1,233 - 1,285 sqft |
Payment plan
Payment plans are set by Mashriq Elite and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Wadi Al Safa 5, Dubai.
Wadi Al Safa 5
Dubai, United Arab Emirates
Frequently asked questions
Floarea Oasis has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 4% complete.
.jpeg)
.jpeg)