Flora Bay Residences
Off-Plan

Flora Bay Residences

From AED 1.86M·Handover Dec 2027·5% down payment Payment
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AED 1.86M
Starting Price
Dec 2027
Handover
5% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Flora Bay Residences is a premium boutique project from Centurion Properties, located on the Dubai Islands, exclusively represented in the Dubai market by OCTA Properties agency. The building faces the main lagoon and has an elegant facade with smooth lines and balconies decorated with transparent glass, which gives the silhouette an airy feel. The complex consists of a ground floor, a podium level, eight residential floors and a roof. Residents can choose from furnished apartments with one, two, three and four bedrooms. Some of the residences have a maid's room and a study room. The interiors are decorated with high-quality materials, and the balconies with picturesque marina views. The complex features a spacious lobby, a business center, a kids' club, an infinity pool, a gym, a barbecue and landscaped recreation areas. Flora Bay Residences has an advantageous location. Dubai Islands Mall can be reached in 5 minutes, and Dubai Festival City and Dubai International Airport can be reached in 18 minutes. The Museum of the Future is 25 minutes away, and the Burj Khalifa is 35 minutes away. For sale: 1 BR - from 1 860 000 AED / 735 sq. ft. 2 BR - from 2 380 000 AED / 1 147 sq. ft. 3 BR - from 4 230 000 AED / 2 010 sq. ft. EOI: 50 000 AED

Project Specifications
DeveloperCenturion Properties
LocationDubai Islands
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDubai Islands
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 80,259 / year
Cash-on-Cash
2.2%
Levered cashflow AED 18,879
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 120,900 / 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
Flora Bay Residences launch basis2,067AED 1.86MCurrent launch / asking basis
Dubai Islands ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Islands 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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Astraterra Properties

Official Documents

Download official marketing materials from Centurion Properties.

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Payment Structure

5% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Children’s pool
Coworking zone
Fitness Zone
Gaming Lounge
Infinity pool
Kids Club
Lobby
Open Kids Play Area
Parking
Pool Deck
Recreational areas
Resting Areas
Security and CCTV
Shared gym & fitness
Sitting Area
Social zone
Terrace Garden

Location

Dubai Islands

Nearby Destinations

Dubai Creek — 10 mins
Deira City Centre — 12 mins
Dubai International Airport — 18 mins
Al Mamzar Beach Park — 8 mins
Dubai IslandsDubai IslandsDubai, UAE

Developer Track Record

01

Flora Bay Residences by Centurion Properties

02

Located in Dubai Islands

03

Starting from AED 1,860,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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