Floarea Residence Arjan Dubai

Floarea Residence is a ten-storey, 206-apartment building in Arjan, Al Barsha South, and it is Mashriq Elite Developments' first completed project. Construction ran from March 2023 to October 2025, and the developer announced the handover publicly as on time. It holds studios, one-bedrooms and two-bedrooms.

Studios are quoted from about AED 625,000, roughly Rs 1.61 crore, and the lowest one-bedroom asking we found is about AED 830,000. Sizes run from 411 sq ft to 1,676 sq ft. The developer's one- and two-bedroom release was reported sold out in November 2024, so what trades here now is resale. The source listing carries no price. See the rest of our Dubai section, our projects list, or two more Arjan buildings we cover — the same developer's Floarea Grande and Ellington Arbor View.

At a glance

Price and unit pricing

The prices attached to this building come from four different moments, and reading them as one list is how buyers get confused. Here is each figure with what it actually is:

The important line is the rate column. The studio, at roughly AED 1,521 per sq ft, prices above the Arjan average. The one-bedroom, at roughly AED 1,007, prices well below it. That is a large gap inside one building, and it points one way: in this address the one-bedroom is the better buy, and it is not close.

Nothing here is a developer price any more. The one- and two-bedroom release was reported sold out in November 2024, which means every figure you will be shown is a seller's ask. Asks move with the seller's situation, not with a price list, so treat the numbers above as the shape of the market and negotiate against a comparable that actually transferred.

Payment plan and total cost

There is no staged plan left to take. The launch terms were 20% on booking, 30% across construction and 50% at handover, and they are gone with the developer release. A purchase now is a resale: full price on transfer, or a mortgage. Worked on a AED 625,000 studio:

If you finance, add 0.25% of the loan as mortgage registration and a bank arrangement fee near 1%. Non-resident buyers are usually held to a lower loan-to-value than residents, so ask the bank before you commit to a timeline.

The service-charge line above is the Arjan band, not this building's approved budget. Here is the advantage of buying finished: you do not have to guess. Ask the owners' association for the DLD-approved budget and ask the seller for a service-charge clearance certificate, so you do not inherit arrears.

On income, Arjan is quoted at an indicative 6.8% gross across property types, with studios and one-bedrooms in a wider 6.4% to 9% band depending on the source. Net lands about 1.5 to 2 points below. Again, the building is tenanted — rental listings are live in it — so check the achieved rents rather than a projection.

Location and connectivity

Arjan sits in the Al Barsha South stretch of Dubailand, framed by Sheikh Mohammed Bin Zayed Road (E311) and Umm Suqeim Road. Published drive times put Dubai Miracle Garden and the Butterfly Garden at about 5 to 10 minutes, Mall of the Emirates at about 15, Downtown and Dubai Mall at about 20, the airport at about 20 and Dubai Marina at about 25.

There is no metro station in Arjan. Mall of the Emirates and Sharaf DG on the Red Line are the nearest working stops and both need a car. The Blue Line is expected to bring a station closer, but it is a plan with a date rather than a service — keep it out of your valuation.

Arjan is one of the most heavily traded parts of the emirate, which is useful when you want out and unhelpful when you want a premium. For a completed building it mostly reads as a positive: there is a real, liquid resale market at this address rather than a theoretical one.

Amenities and specifications

The quoted fit-out is stronger than the price band suggests: Teka appliances in every kitchen and smart-home controls that include curtain automation. Those are named brands and named functions, not adjectives, which is unusual at this end of Arjan.

The unit mix tells you what the building is for. Ninety-one studios and ninety-seven one-bedrooms against just eighteen two-bedrooms means 91% of the address is small stock, aimed squarely at tenants and yield investors. That is also who your competing landlords will be. No source we checked publishes the flooring specification, the parking allocation by unit type or the full amenity list — but the building is finished, so inspect it rather than reading a brochure. The sale agreement is final.

About the developer

Mashriq Elite Developments is a young Dubai developer, and this is the building that gave it a record. It was announced at a build value near AED 150 million, went up between March 2023 and October 2025, and handed over with a dated public statement of on-time delivery.

The company has grown quickly since: a portfolio the press puts at roughly AED 1 billion to AED 1.5 billion across about 1,525 units in eight projects, five of them in construction — Floarea Grande here in Arjan, Floarea Vista in Discovery Gardens, Floarea Skies in JVC, Floarea Oasis in Dubai Land Residential Complex and Floarea Breeze in Dubai Islands.

For a buyer at this address the developer question is much smaller than it would be off-plan, because the building already exists and you can walk it. What matters more now is how the owners' association runs it and what the service charge really is.

For Indian buyers

Arjan is freehold, so an Indian citizen can own here outright, in their own name, with a Dubai Land Department title deed. There is no annual property tax in Dubai; the recurring cost is the service charge, roughly AED 4,200 to 7,500 a year on a 411 sq ft studio.

At about USD 170,000 the studio sits well inside one person's Liberalised Remittance Scheme allowance of USD 250,000 per financial year, and the one-bedroom at about AED 830,000 is roughly USD 226,000 — still a single-remitter purchase, with the fees needing care. TCS applies on the remittance above the current threshold.

On residency, nothing in this building reaches the AED 2 M property threshold for the Golden Visa, including the largest two-bedroom. Buy it for the yield or to live in. On tax at home, rent from Dubai is taxable in India for a resident at slab rates as income from house property with the standard 30% deduction, and the asset goes into Schedule FA of your return. The UAE takes nothing, so there is no foreign tax credit to set against it.

Pros

• The building is finished and occupied — no construction risk, and you can inspect the actual apartment
• Delivered on time with a dated public announcement, rare for a first-time developer
• The one-bedroom at about AED 1,007 per sq ft is well below the Arjan average of roughly AED 1,355
• One-bedrooms run 824 to 1,276 sq ft, generous for the community and the price
• Named fit-out — Teka appliances, smart controls with curtain automation — rather than vague claims
• Rental listings are already live in the building, so achieved rents are checkable before you buy
• A studio at about AED 625,000 sits inside one person's USD 250,000 LRS allowance with room to spare

Cons

• The developer release is sold out, so you buy resale at the seller's ask with no payment plan
• The studio at about AED 1,521 per sq ft prices above the Arjan average of roughly AED 1,355
• Sources disagree on the starting price — AED 515,000 at launch, about AED 625,000 now, AED 830,000 for a one-bed
• 188 of the 206 apartments are studios and one-bedrooms, so you compete with your own building for tenants
• Nothing here reaches the AED 2 M Golden Visa threshold, not even the largest two-bedroom
• The DLD-approved service-charge budget is not published by the sources we checked
• No metro serves Arjan today; the Blue Line station is a plan with a date, not an operating stop

Who this is for

• Buyers who want a finished Arjan apartment they can inspect and rent out immediately
• Yield investors who target the one-bedroom, where the rate per sq ft is genuinely cheap
• First-time Dubai buyers who want the construction risk removed entirely
• End users who want a named appliance package and smart controls at an Arjan price

Who should look elsewhere

• Anyone who needs a staged payment plan — resale means full price on transfer
• Golden Visa buyers; no layout in this building reaches AED 2 M
• Investors who want scarcity — this building is 91% studios and one-bedrooms

Our verdict

Floarea Residence is the least complicated way to own in Arjan, because there is nothing left to go wrong with the building. It is finished, it is tenanted, the developer delivered it on time and said so publicly, and you can walk the apartment before you sign. The fit-out is better than this price band usually buys.

Where to think carefully is which unit. The studio at about AED 1,521 per sq ft prices above the Arjan average; the one-bedroom at roughly AED 1,007 prices well below it. That gap is the most useful number on this page. The building is also 91% studios and one-bedrooms, so your competition for tenants is mostly the same address, which caps what you can push rents to. Nothing reaches AED 2 M, so this is a yield or an end-use purchase, not a residency one. And because the building is complete, do the two things an off-plan buyer cannot: get the owners' association budget, and get a service-charge clearance certificate from the seller.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What does an apartment at Floarea Residence cost?

Studios are quoted from about AED 625,000, roughly Rs 1.61 crore, and the lowest one-bedroom asking we found is about AED 830,000. At launch the band ran from AED 515,000 to AED 1.375 M across studios to two-bedrooms. On the smallest studio at 411 sq ft that is about AED 1,521 per sq ft; on the smallest one-bedroom at 824 sq ft it is about AED 1,007.

Why do the sources give different starting prices?

Because they are quoting different moments. AED 515,000 to AED 545,000 are launch figures from 2023 and 2024. About AED 625,000 is the studio figure quoted now, and about AED 830,000 is a live one-bedroom asking. The developer's one- and two-bedroom release was reported sold out in November 2024, so nothing here is a developer price any more — every figure is a seller's ask, and the only one that binds is the one in your sale agreement.

Is the building finished?

Yes. Construction ran from March 2023 to completion in October 2025, and Mashriq Elite announced the handover publicly as on time. Rental listings are live in the building. You are buying a completed apartment on a title deed, not an off-plan contract.

How big are the apartments at Floarea Residence Arjan Dubai?

There are 206 in total: 91 studios from 411 to 482 sq ft, 97 one-bedrooms from 824 to 1,276 sq ft and 18 two-bedrooms from 1,159 to 1,676 sq ft. That is a generous one-bedroom by Arjan standards.

What is the payment plan for Floarea Residence Arjan Dubai?

There is not one left. The launch plan was 20% on booking, 30% during construction and 50% at handover, but the developer release is reported sold out. A resale means the full price on transfer plus the 4% DLD fee — AED 25,000 on a AED 625,000 studio — a trustee-office fee of about AED 2,000 to 4,200 and roughly 2% broker commission if an agent is involved.

What are the service charges at Floarea Residence Arjan Dubai?

Arjan buildings run about AED 10.17 to AED 18.15 per sq ft a year, so roughly AED 4,200 to 7,500 on a 411 sq ft studio. This building's approved budget is not published by the sources we checked, but because the building is complete you can ask the owners' association for the real figure and the seller for a service-charge clearance certificate. Do both.

What yield can I expect at Floarea Residence Arjan Dubai?

Arjan is quoted at an indicative 6.8% gross across property types, with studios and one-bedrooms in a wider 6.4% to 9% band. Net sits about 1.5 to 2 points below gross. The advantage here is that the building is tenanted, so you can check achieved rents in live listings rather than trusting a projection.

Can an Indian citizen buy here, and does it give a Golden Visa?

Arjan is freehold, so any nationality can own outright with a Dubai Land Department title deed. No layout in this building reaches the AED 2 M property threshold for the Golden Visa — the largest two-bedroom does not get there. At about USD 170,000 the studio sits well inside one person's USD 250,000 LRS allowance for the financial year.

What has Mashriq Elite delivered before?

This building is the delivery. Floarea Residence was the company's first completed project, built for about AED 150 million between March 2023 and October 2025 and handed over on time. It now has roughly 1,525 units across eight projects, five of them in construction, including Floarea Grande in this same community.

For live availability at Floarea Residence, the owners' association service-charge budget and the achieved rents in the building, talk to Realty Hunting and we will get them for you.

Compare with other Dubai projects

Also in Arjan: Rabdan NAS 3 (from AED 616 K, off-plan), Gardens 2 (from AED 650 K, off-plan), Vincitore Volare (from AED 595,000, ready) and Floarea Grande (from AED 670,000, handover 2026). See every Arjan project with prices and handover dates.

More by Mashriq Elite: Floarea Oasis (from AED 620,000, handover 2028) and Floarea Skies (from AED 666,000, handover 2027).

A similar budget elsewhere in Dubai: Regalia Tower (from AED 627,000, ready), Azizi Riviera Phase 3 (from AED 620,000, ready) and Cove by Imtiaz (from AED 630,000, handover 2027).

Read next: Apartments for Sale in Arjan, Dubai: Prices and Yields · Dubai Rental Yields by Area, Gross and Net · Resale Property in Dubai: Costs, Checks and When It Beats Off-Plan · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.