New homes in Floarea Grande start at AED 670,000; keys are due Dec 2026; you pay 20% to book, 30% while it is built and 50% at the keys.
In the 24 months to Nov 9, 2026, Dubai Land Department recorded 124 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Floarea Grande. Their median price is AED 1,598 per sq ft (about AED 676,000 at 423 sq ft). This project's from price is AED 1,584 per sq ft (AED 670,000 for its smallest home, 423 sq ft), 1% less.
Keys
Dec 2026
The developer's handover date
Payment plan
20 / 30 / 50
20% to book, 30% while it is built, 50% at the keys
Bedrooms
Studio to 3 beds
Sizes
423 to 1,499 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,584 per sq ft
Similar off-plan homes: AED 1,598 per sq ft
RERA project
3494
Check it in Dubai REST, the Dubai Land Department's official app.
Built
48%
Being built. DLD register, Nov 11, 2026
Completion on the register
Aug 2027
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك المشرق (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
222
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 30% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 20%
Booking
20%
AED 134,000+ AED 26,800 DLD fee
AED 160,800
As it is builtWhile it is built · 30%
While it is built
30%
AED 201,000
AED 361,800
At the keys (Dec 2026)Keys · 50%
Keys
50%
AED 335,000
AED 696,800
Booking payment, 20%
AED 134,000
Dubai Land Department fee (Oqood), 4%
AED 26,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 160,800
Total costPrice plus the DLD fee
AED 696,800
The handover date (Dec 2026) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 124 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Floarea Grande, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Floarea Grande sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 124 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Floarea Grande, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,598 per sq ft
AED 1,487 to AED 1,522 per sq ft
3 sales
AED 1,522 to AED 1,557 per sq ft
9 sales
AED 1,557 to AED 1,592 per sq ft
36 sales
This project's from price is in this band.
AED 1,592 to AED 1,627 per sq ft
31 sales
AED 1,627 to AED 1,662 per sq ft
15 sales
AED 1,662 to AED 1,697 per sq ft
18 sales
AED 1,697 to AED 1,732 per sq ft
7 sales
AED 1,732 to AED 1,767 per sq ft
5 sales
AED 1,487 per sq ftAED 1,767 per sq ft
This project AED 1,584 per sq ft
Half of the sales sold for AED 1,573 to AED 1,661 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,487 to AED 1,522 per sq ft
3
AED 1,522 to AED 1,557 per sq ft
9
AED 1,557 to AED 1,592 per sq ft
36
AED 1,592 to AED 1,627 per sq ft
31
AED 1,627 to AED 1,662 per sq ft
15
AED 1,662 to AED 1,697 per sq ft
18
AED 1,697 to AED 1,732 per sq ft
7
AED 1,732 to AED 1,767 per sq ft
5
The 3 closest sales
Picked from the 124 similar sales above, closest in size to this project's smallest home.
Jun 2025AED 735,000AED 1,741 per sq ftFloarea Grande, 422 sq ft
Jun 2025AED 705,000AED 1,670 per sq ftFloarea Grande, 422 sq ft
May 2025AED 715,000AED 1,694 per sq ftFloarea Grande, 422 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Arjan in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 670,000 here
Off-plan medianAED 781,000AED 1,791 per sq ft
Sales1,124
1% below 124 similar sales
1-bed apartment
Off-plan medianAED 1,283,000AED 1,593 per sq ft
Sales934
2-bed apartment
Off-plan medianAED 1,875,000AED 1,429 per sq ft
Sales267
3-bed apartment
Off-plan medianAED 2,459,000AED 1,255 per sq ft
Sales35
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
7.5%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
6.4%
Typical gross yield of similar ready homes
8.8%
Median rent of studio apartments in Arjan
AED 50,000 a year
Service charge a year, from the keysThe area median, AED 12 per sq ft from 14 buildings, as of 2023, for the smallest home (423 sq ft)
AED 5,288
Rent contracts counted
2,434
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 50,000 a year
1-bed apartment
AED 72,000 a year
2-bed apartment
AED 100,000 a year
3-bed apartment
AED 160,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 50,000 ÷ AED 670,000 = 7.5%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
InsuranceMarket Metro Station (formerly Mashreq)7 km, 12 min driveMetro station
Australian International School Dubai (AIS Dubai)400 m, 11 min walkSchool
Nord Anglia International School600 m, 16 min walkBritish school
JSS International School2.1 km, 6 min driveIndian school
Floarea Grande is a Mashriq Elite apartment project in Arjan, with studios to 3-bedroom homes from AED 670,000 and handover listed for December 2026. With the listed date next month, ask for the completion certificate before you pay.
The listed handover is December 2026, next month at the time of writing. Ask Mashriq Elite whether the building has its completion certificate and when handover is now expected.
The from price is 0.9% below 124 similar studio sales in this project (24 months to November 2026). These are sales registered with the Dubai Land Department.
The plan is 20% on booking, 30% during construction and 50% at handover. At the from price that is AED 134,000 on booking, AED 201,000 during construction and AED 335,000 at handover. Separately, the 4% DLD fee comes to AED 26,800; ask when it is due. With the listed handover next month, ask when the 30% construction payment falls due.
Studios are about 422 to 449 sq ft, one-bedroom homes 791 to 916 sq ft, two-bedroom homes 1,311 sq ft and three-bedroom homes about 1,497 sq ft; check the floor plan for your unit. Residents get a pool and a children's pool, a gym, covered parking and 24-hour security. Australian International School Dubai is about 390 m away, Nord Anglia International School about 590 m and a clinic about 590 m. Arabian Ranches Golf Club is about 9 minutes by car and InsuranceMarket Metro Station (formerly Mashreq) about 12.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
3 BR
Studio
How prices moved
Median price of studio apartments in Arjan, over the 12 months to each dateUp 22% from Dec 2024 to Sep 2026.
Dec 2024AED 1,470 per sq ft
Sep 2026AED 1,791 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,791 per sq ft
1,124 sales
Jun 2026
AED 1,739 per sq ft
1,099 sales
Mar 2026
AED 1,666 per sq ft
1,095 sales
Dec 2025
AED 1,610 per sq ft
1,010 sales
Sep 2025
AED 1,561 per sq ft
819 sales
Jun 2025
AED 1,543 per sq ft
999 sales
Mar 2025
AED 1,511 per sq ft
1,082 sales
Dec 2024
AED 1,470 per sq ft
1,261 sales
Off-plan sales only.
Questions about this project
Can foreigners buy here?
Yes. Floarea Grande, by Mashriq Elite, is listed as freehold, so foreign buyers can own outright.
When is handover?
The listed handover is December 2026, which is due soon. Ask for the completion certificate and the confirmed handover date before you pay.
How does the from price compare with sales in this project?
The from price is 0.9% below 124 similar studio sales in this project (24 months to November 2026).
How much is due at each stage?
AED 134,000 on booking, AED 201,000 during construction and AED 335,000 at handover, at the from price. Separately, the 4% DLD fee comes to AED 26,800; ask when it is due.
Are there schools close by?
Australian International School Dubai is about 390 m away and Nord Anglia International School about 590 m.
What can residents use in the building?
A pool and a children's pool, a gym, covered parking and 24-hour security.
