About Floarea Residence
Floarea Residence is a residential building by Mashriq Elite Real Estate Development, in Arjan, Dubai. It rises 10 storeys (1 basement level, a ground floor, 9 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 206 homes.
Key information
Developer
Mashriq Elite Real Estate Development
- Handover
- TBC
- Status
- Handed over
- Location
- Arjan, Dubai
- Master project
- Arjan
- Construction started
- 2023
- Number of buildings
- 1
- Number of units
- 206
- Registered with DLD
- 28 Jul 2023
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 019500000401
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2023
- Handed overCompleted
Construction progress
48 inspection photos from the Dubai Land Department. Latest 14 Aug 2025 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
12 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
288
Median price
AED 838K
Median price / sqft
AED 1K+44%
Off-plan share
76%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 128 | 416 sqft | AED 600K | AED 1K |
| 1 Bed | 133 | 832 sqft | AED 952K | AED 1K |
| 2 Bed | 27 | 1,469 sqft | AED 1.5M | AED 1K |
Price per sqft by year
+44% since 2023AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 04 Aug 2026 | Resale | 708 sqft | AED 1.1M | AED 2K |
| 30 Jul 2026 | Resale | 484 sqft | AED 736K | AED 2K |
| 01 Jun 2026 | Resale | 412 sqft | AED 725K | AED 2K |
| 18 May 2026 | Resale | 411 sqft | AED 750K | AED 2K |
| 24 Apr 2026 | Resale | 818 sqft | AED 1.4M | AED 2K |
| 01 Apr 2026 | Resale | 1,002 sqft | AED 1.3M | AED 1K |
| 02 Feb 2026 | Resale | 411 sqft | AED 750K | AED 2K |
| 29 Jan 2026 | Resale | 824 sqft | AED 1.4M | AED 2K |
Unit mix
206 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 91 | 397 - 484 sqft |
| 1 B/R | 97 | 708 - 1,273 sqft |
| 2 B/R | 18 | 1,169 - 1,722 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 Arjan, Dubai.
Floarea Residence
Dubai, United Arab Emirates
Frequently asked questions
Floarea Residence has already been handed over, according to Dubai Land Department records.
