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About Floarea Residence
Floarea Residence is Mashriq Elite's AED 150M, 206-unit apartment building in Arjan.
Launch pricing ran from about AED 515K to AED 1.25M.
The developer has announced handover of the fully finished designer apartments.
At a glance
Floarea Residence key facts
- Developer
- Mashriq Elite Developments
- Community
- Arjan
- Status
- Handover soon
- Handover
- Completed (2025)
- Starting price
- AED 515K
- Total units
- 206
- Unit types
- Studio, 1 Bedroom, 2 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Floarea Residence
- 01
Agree the price
Agree terms with the seller of a unit at Floarea Residence, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Mashriq Elite Developments issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new 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
- Delivered project
- Designer-finished units
What to weigh
- Resale only
- Arjan supply
FAQ
Floarea Residence — frequently asked questions
What is the starting price of Floarea Residence?
Published pricing at Floarea Residence starts from AED 515K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Floarea Residence?
Floarea Residence is scheduled for handover in Completed (2025). Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Floarea Residence?
Floarea Residence is developed by Mashriq Elite Developments in Arjan, Dubai.
What unit types are available at Floarea Residence?
Floarea Residence offers Studio, 1 Bedroom, 2 Bedroom across 206 units.
Where is Floarea Residence located?
Floarea Residence is in Arjan, Dubai.
Can foreigners buy at Floarea Residence?
Yes. Arjan is a freehold area, so buyers of any nationality can own property at Floarea Residence outright.
Does buying at Floarea Residence qualify for the UAE Golden Visa?
The entry price of AED 515K 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 Residence?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 21K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Floarea Residence?
MRK Real Estate advises on primary purchases and resales at Floarea Residence. 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.
