Floarea Residence
✓ Resale Available

Floarea Residence

From AED 2.04M·Completed Apr 2025·Developer payment plan available Payment
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AED 2.04M
Starting Price
Apr 2025
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Floarea Residence is a premium residential complex by developer Mashriq Elite Developments, represented by the agency Golden Bridge, with one basement floor, a ground level, nine residential floors with a roof, offering studios and one- and two-bedroom apartments. The elegant entrance is decorated with a waterfall, and the designer lobby impresses with an atrium featuring a garden. All studios and apartments have balconies, while one- and two-bedroom apartments include master bedrooms with en-suite bathrooms and laundry rooms. Residents of Floarea Residence can enjoy a relaxed atmosphere in the designer clubhouse. The complex also features an infinity pool, a children's pool, a sauna, playgrounds, and a barbecue area. Each unit is equipped with a smart home system. Located in the Arjan community of the Dubailand district in Dubai, the complex enjoys a convenient location and is suitable for both families with children and individuals seeking peace and a developed urban lifestyle. A few minutes’ drive from Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44) provides easy access to major city highways. Nearby are a kindergarten, several schools, the Infinite Sports Camps club, and several parks with walking paths and playgrounds. Mall of the Emirates and Global Village are just 10 minutes away, while Burj Al Arab can be reached in 15 minutes.

Project Specifications
DeveloperMashriq Elite Developments
LocationArjan
Unit Types2 BR, Apartments
AreaArjan
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 88,112 / year
Cash-on-Cash
1.8%
Levered cashflow AED 20,726
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 132,730 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Floarea Residence launch basis2,269AED 2.04MCurrent launch / asking basis
Arjan ready-stock comps1,500AED 1.35MIndicative resale benchmark
Arjan premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Floarea Residence official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Mashriq Elite Developments.

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Payment Structure

Developer payment plan available

Flexible Payment

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Floor Plans

Floarea Residence — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Children’s pool
Cinema
Kids Play Area
Leisure areas
Shared Pool
Shared gym & fitness

Location

Arjan

Nearby Destinations

Dubai Miracle Garden — 5 mins
Butterfly Garden — 5 mins
Mall of the Emirates — 12 mins
Dubai Hills Mall — 10 mins
ArjanArjanDubai, UAE

Developer Track Record

01

Floarea Residence by Mashriq Elite Developments

02

Located in Arjan

03

Starting from AED 2,042,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Apr 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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