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Floarea Residence

Project

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C

Project typeBuildings

Master developerليوان(ش.ذ.م.م.)

Escrow agentبنك المشرق (شركة مساهمة عامة)

StatusFinished

Completed100%

Start2023-03-24

Handover2025-04-01

Buildings1

Residential-Apartment (1B+G+9F+R).The project designed to have a concrete structure and block with internal and external finishes.

Buildings

Floarea Residence 1

Floors12

Parking206

Apartments

Studio91

1 B/R97

2 B/R18

Official sales

Sales from 2014–2026

Number of sale deals291

Apartment288

Median sale price837,600 AED

Median price per sqft1,299 AED

Studio128

Median sale price568,825 AED

Median price per sqft1,367 AED

1 B/R133

Median sale price885,000 AED

Median price per sqft1,086 AED

2 B/R27

Median sale price1,365,000 AED

Median price per sqft1,058 AED

Land3

Median sale price14,253,400 AED

Median price per sqft300 AED

Official rent

Rent from 2025–2026

Number of rent contracts179

Apartment179

Studio88

Median year rent55,074 AED

1 bedroom82

Median year rent88,000 AED

2 bedrooms9

Median year rent130,000 AED