Flora Bay Residences — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 80,259 / year
Cash-on-Cash
2.2%
Levered cashflow AED 18,879
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 855,600 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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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

Published payment summary

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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 Islands

Developer and Project Facts

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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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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