Floarea Residence
Mashriq Elite Developments · Arjan · 206 homes · Completed
A completed Mashriq Elite Developments project in Arjan: 206 homes, handed over in Aug 2025, a quarter after the Q2 2025 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,549 per sqft, 41% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q4 2023 | 1,096 | 91 |
| Q1 2024 | 1,129 | 86 |
| Q3 2024 | 1,429 | 11 |
| Q3 2025 | 1,379 | 21 |
| Q4 2025 | 1,578 | 43 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was Floarea Residence handed over?
In Aug 2025, when the first ready-market sale was registered. The register declared completion for Q2 2025, so it handed over a quarter late.
What do homes in Floarea Residence sell for?
From Jul 2025 to Jun 2026, 72 homes sold on the register at a median of AED 1,549 per sqft and AED 1M per home. By unit type: Studio AED 690K (33 sales), 1 BR AED 1.21M (30 sales), 2 BR AED 1.82M (9 sales). These are registered deeds, not the developer's price list.
Who built Floarea Residence?
Mashriq Elite Developments. The project is registered to Mashriq Elite Developments on the Dubai Land Department register, which lists 6 projects for the developer in Dubai, 5 of them under construction.
How many homes are in Floarea Residence?
206, as counted on the Dubai Land Department register. The declared mix: 91 studios, 97 1 BR, 18 2 BR.
