Floarea Residence

P1 — Delivered Off-Plan Primary
Developer Mashriq Elite Real Estate Development LLC
Community Arjan
Property type Apartment
Data updated Mar 31, 2026

Floarea Residence is a Delivered development by Mashriq Elite Real Estate Development LLC in Arjan. 206 units across 1 Bedroom (47%), Studio (44%), 2 Bedroom (9%). Over the trailing 12 months, 284 sales at a median of AED 1,000,000.

Key Metrics
Median Price
Value
AED 1,000,000
Change
50.2% YoY
Transactions
Value
284
Change
75 in period
Price / sqft
Value
AED 1,522
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,000,000
↑ 50.2% YoY
Transactions
284
↑ 75 in period
Price / sqft
AED 1,522
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
5.9%
Community avg
Holding Period
Value
3.3 yrs
Community avg
Liquidity
Value
31.1%
Price Dispersion
Value
13.9%
Ready Market Mix
Value
0.0%
Rental Activity
Value
30.6%
Capital Return
5.9%
Community avg
Holding Period
3.3 yrs
Community avg
Liquidity
31.1%
Price Dispersion
13.9%
Ready Market Mix
0.0%
Rental Activity
30.6%

Rental Performance

Rental Volume
Value
175
Avg Annual Rent
Value
AED 78,651
New Leases
Value
100.0%
Renewals
Value
0.0%
Rental Volume
175
Avg Annual Rent
AED 78,651
New Leases
100.0%
Renewals
0.0%

Unit Mix

By bedroom type
Studio 91 units · 44%
1 Bedroom 97 units · 47%
2 Bedroom 18 units · 9%

Transaction Breakdown

All time — 284 transactions
Off-Plan Primary
203
Off-Plan Secondary
17
Ready Primary
3
Ready Secondary
61

Price History

Median Price — Floarea Residence

Median prices in Floarea Residence have risen sharply, up 56% from AED 832K to AED 1.3M over the past 12 months.

Recent Transactions

Showing last 10 of 284
Date Type Price (AED) Size (sqft) AED/sqft
Mar 31, 2026 RP Secondary 1,300,000 1,001 1,297
Feb 02, 2026 RP Secondary 750,000 411 1,823
Jan 29, 2026 RP Secondary 1,350,000 823 1,639
Jan 16, 2026 RP Secondary 740,000 438 1,685
Jan 14, 2026 RP Secondary 750,000 420 1,785
Dec 27, 2025 RP Secondary 690,000 411 1,678
Dec 26, 2025 RP Secondary 1,250,000 821 1,522
Dec 18, 2025 RP Secondary 1,300,000 821 1,583
Dec 17, 2025 RP Secondary 735,000 409 1,793
Dec 17, 2025 RP Secondary 1,275,000 962 1,324

This project is in Arjan

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