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About Floarea Lakes
Floarea Lakes is a lake-facing apartment project by Mashriq Elite.
Launch pricing started around AED 640K.
Delivery is listed for Q4 2028.
At a glance
Floarea Lakes key facts
- Developer
- Mashriq Elite Developments
- Community
- Dubai Production City
- Status
- Launched
- Handover
- Q4 2028
- Starting price
- AED 640K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Floarea Lakes
- 01
Shortlist and reserve
Choose a unit type and view at Floarea Lakes and secure it with the booking deposit.
- 02
Sign the SPA
Mashriq Elite Developments issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q4 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Lake views
- Entry pricing
What to weigh
- 2028 delivery
- Community location to confirm with developer
FAQ
Floarea Lakes — frequently asked questions
What is the starting price of Floarea Lakes?
Published pricing at Floarea Lakes starts from AED 640K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Floarea Lakes?
Floarea Lakes is scheduled for handover in Q4 2028. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Floarea Lakes?
Floarea Lakes is developed by Mashriq Elite Developments in Dubai Production City, Dubai.
What unit types are available at Floarea Lakes?
Floarea Lakes offers Studio, 1 Bedroom, 2 Bedroom.
Where is Floarea Lakes located?
Floarea Lakes is in Dubai Production City, Dubai.
Can foreigners buy at Floarea Lakes?
Yes. Dubai Production City is a freehold area, so buyers of any nationality can own property at Floarea Lakes outright.
Does buying at Floarea Lakes qualify for the UAE Golden Visa?
The entry price of AED 640K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Floarea Lakes?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 26K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Floarea Lakes?
MRK Real Estate advises on primary purchases and resales at Floarea Lakes. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Mashriq Elite Developments before any transaction.
