Floarea Skies

P3 — Under Development Off-Plan Primary
Developer Mashriq Elite Real Estate Development LLC
Community Jumeirah Village Circle
Property type Apartment
Data updated Apr 01, 2026

Floarea Skies is a Under Development development by Mashriq Elite Real Estate Development LLC in Jumeirah Village Circle. 125 units across 1 Bedroom (66%), Studio (30%), 2 Bedroom (4%). Over the trailing 12 months, 129 sales at a median of AED 1,147,410.

Key Metrics
Median Price
Value
AED 1,147,410
Transactions
Value
129
Change
129 in period
Price / sqft
Value
AED 1,499
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,147,410
Transactions
129
↑ 129 in period
Price / sqft
AED 1,499
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
19.7%
Community avg
Holding Period
Value
4.4 yrs
Community avg
Ready Market Mix
Value
7.4%
Community avg
Capital Return
19.7%
Community avg
Holding Period
4.4 yrs
Community avg
Ready Market Mix
7.4%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 37 units · 30%
1 Bedroom 83 units · 66%
2 Bedroom 5 units · 4%

Transaction Breakdown

All time — 129 transactions
Off-Plan Primary
128
Off-Plan Secondary
1

Price History

Median Price — Floarea Skies

Median prices in Floarea Skies have declined significantly, down 31% to AED 740K over the past 7 months.

Recent Transactions

Showing last 10 of 129
Date Type Price (AED) Size (sqft) AED/sqft
Apr 01, 2026 OP Primary 740,050 395 1,872
Mar 28, 2026 OP Primary 1,259,000 799 1,574
Mar 17, 2026 OP Primary 1,284,000 809 1,586
Mar 17, 2026 OP Primary 1,209,000 808 1,494
Mar 17, 2026 OP Primary 1,101,050 717 1,534
Mar 04, 2026 OP Primary 1,239,000 833 1,487
Mar 04, 2026 OP Primary 1,164,000 838 1,388
Feb 28, 2026 OP Primary 1,149,000 838 1,370
Feb 27, 2026 OP Primary 1,143,630 782 1,460
Feb 27, 2026 OP Primary 1,186,550 832 1,424

This project is in Jumeirah Village Circle

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