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Project profile

Floarea Residence Project · Arjan · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Mashriq Elite Real Estate Development

Data to 4 November 2026

Registered sales
36
Last 12 months
Median ready price
AED 1,650
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 19 August 2025. In the last 12 months, Dubai Land Department registered 36 sales in Floarea Residence, worth AED 36M in total. The median price of ready homes was 1,650 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
24 March 2023
DLD end date
1 April 2025
Completion
19 August 2025
Units
206
Buildings
1

Launch and latest registrations.

Launch price
AED 1,129
First 90 days from Oct 2023, 135 home sales
Last 12 months
AED 1,650
36 home sales
Change
+38.5%
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Floarea Residence registered prices, over time.

Median registered price, AED per sq ft

  • Ready (registered sales)
  • Off-plan (registered sales)
Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales) Off-plan (registered sales)
Nov 2023 — 1,086 AED/sqft 43 sales
Dec 2023 — 1,096 AED/sqft 41 sales
Jan 2024 — 1,146 AED/sqft 57 sales
Feb 2024 — 1,091 AED/sqft 24 sales
Mar 2024 — 1,155 AED/sqft 5 sales
Apr 2024 — — 2 sales
May 2024 — — 3 sales
Jun 2024 — — 2 sales
Jul 2024 — 1,469 AED/sqft 7 sales
Aug 2024 — — 3 sales
Sep 2024 — — 1 sale
Oct 2024 — — 3 sales
Nov 2024 — — 2 sales
Dec 2024 — — 1 sale
Jan 2025 — — 1 sale
Feb 2025 — — 2 sales
Mar 2025 — — 4 sales
Apr 2025 — — 2 sales
May 2025 — — 3 sales
Jun 2025 — — 1 sale
Jul 2025 — — 3 sales
Aug 2025 — 1 sale — 2 sales
Sep 2025 1,440 AED/sqft 15 sales —
Oct 2025 1,463 AED/sqft 18 sales —
Nov 2025 1,675 AED/sqft 12 sales —
Dec 2025 1,583 AED/sqft 13 sales —
Jan 2026 — 3 sales —
Feb 2026 — 1 sale —
Mar 2026 — —
Apr 2026 — 2 sales —
May 2026 — 1 sale —
Jun 2026 — 1 sale —
Jul 2026 — 1 sale —
Aug 2026 — 1 sale —
Sep 2026 — 1 sale —

What does each home type sell and rent for in Floarea Residence?

  • Apartment · Studio

    Ready median price
    AED 730K
    Median yearly rent
    AED 58K
    Gross yield
    7.9%
  • Apartment · 1 bed

    Ready median price
    AED 1.3M
    Median yearly rent
    AED 85K
    Gross yield
    6.8%

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Arjan area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Arjan area report

The latest registered sales in Floarea Residence.

  • 17 Sep 2026

    ApartmentStudioReady446 sqft

    AED 750,0001,682 AED/sqft

  • 4 Aug 2026

    Apartment1 bedReady708 sqft

    AED 1,130,0001,596 AED/sqft

  • 30 Jul 2026

    ApartmentStudioReady484 sqft

    AED 736,0001,521 AED/sqft

  • 1 Jun 2026

    ApartmentStudioReady412 sqft

    AED 725,0001,760 AED/sqft

  • 18 May 2026

    ApartmentStudioReady411 sqft

    AED 750,0001,825 AED/sqft

  • 24 Apr 2026

    Apartment1 bedReady818 sqft

    AED 1,350,0001,650 AED/sqft

  • 1 Apr 2026

    Apartment1 bedReady1,002 sqft

    AED 1,300,0001,297 AED/sqft

  • 2 Feb 2026

    ApartmentStudioReady411 sqft

    AED 750,0001,825 AED/sqft

  • 29 Jan 2026

    Apartment1 bedReady824 sqft

    AED 1,350,0001,638 AED/sqft

  • 16 Jan 2026

    ApartmentStudioReady439 sqft

    AED 740,0001,686 AED/sqft

Questions about Floarea Residence

What is the price per sq ft in Floarea Residence?

In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,650 AED/sqft.

How many homes were sold in Floarea Residence in the last 12 months?

In the last 12 months, Dubai Land Department registered 36 sales in Floarea Residence, worth AED 36M in total. The median price of ready homes was 1,650 AED/sqft. Registered sales to 4 November 2026.

What is the rent in Floarea Residence?

In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in Floarea Residence, at a median of AED 85,000 a year over 51 new contracts. Against its ready median price of AED 1,250,000, that is a gross yield of 6.8%, before service charges and other costs.

When was Floarea Residence completed?

Dubai Land Department lists the project as completed on 19 August 2025.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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