New homes in Floarea Oasis start at AED 620,000; keys are due Mar 2028; you pay 20% to book, 30% while it is built and 50% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 65 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in FLOAREA OASIS. Their median price is AED 1,618 per sq ft (about AED 688,000 at 425 sq ft). This project's from price is AED 1,459 per sq ft (AED 620,000 for its smallest home, 425 sq ft), 10% less.
Keys
Mar 2028
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 2 beds
Sizes
425 to 1,237 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 1,459 per sq ft
Similar off-plan homes: AED 1,618 per sq ft
RERA project
3603
Check it in Dubai REST, the Dubai Land Department's official app.
Built
13%
Being built. DLD register, Nov 11, 2026
Completion on the register
Dec 2028
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
257
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
NowBooking · 20%
Booking
20%
AED 124,000+ AED 24,800 DLD fee
AED 148,800
Feb 2027While it is built · 6%
While it is built
6%
AED 37,200
AED 186,000
Apr 2027While it is built · 6%
While it is built
6%
AED 37,200
AED 223,200
Jul 2027While it is built · 6%
While it is built
6%
AED 37,200
AED 260,400
Oct 2027While it is built · 6%
While it is built
6%
AED 37,200
AED 297,600
Dec 2027While it is built · 6%
While it is built
6%
AED 37,200
AED 334,800
Mar 2028Keys · 50%
Keys
50%
AED 310,000
AED 644,800
Booking payment, 20%
AED 124,000
Dubai Land Department fee (Oqood), 4%
AED 24,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 148,800
Total costPrice plus the DLD fee
AED 644,800
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
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 65 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in FLOAREA OASIS, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 65 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in FLOAREA OASIS, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,618 per sq ft
AED 1,392 to AED 1,453 per sq ft
2 sales
AED 1,453 to AED 1,514 per sq ft
7 sales
This project's from price is in this band.
AED 1,514 to AED 1,575 per sq ft
14 sales
AED 1,575 to AED 1,636 per sq ft
20 sales
AED 1,636 to AED 1,696 per sq ft
12 sales
AED 1,696 to AED 1,757 per sq ft
7 sales
AED 1,757 to AED 1,818 per sq ft
2 sales
AED 1,818 to AED 1,879 per sq ft
1 sale
AED 1,392 per sq ftAED 1,879 per sq ft
This project AED 1,459 per sq ft
Half of the sales sold for AED 1,546 to AED 1,668 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 1,392 to AED 1,453 per sq ft
2
AED 1,453 to AED 1,514 per sq ft
7
AED 1,514 to AED 1,575 per sq ft
14
AED 1,575 to AED 1,636 per sq ft
20
AED 1,636 to AED 1,696 per sq ft
12
AED 1,696 to AED 1,757 per sq ft
7
AED 1,757 to AED 1,818 per sq ft
2
AED 1,818 to AED 1,879 per sq ft
1
The 3 closest sales
Picked from the 65 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 799,000AED 1,879 per sq ftFLOAREA OASIS, 425 sq ft
May 2026AED 689,080AED 1,620 per sq ftFLOAREA OASIS, 425 sq ft
May 2026AED 699,000AED 1,644 per sq ftFLOAREA OASIS, 425 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 Dubai Land Residence Complex 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 620,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
10% below 65 similar sales
1-bed apartment
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
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
6.5%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
5.3%
Typical gross yield of similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Service charge a year, from the keysThe area median, AED 13 per sq ft from 8 buildings, as of 2023, for the smallest home (425 sq ft)
AED 5,525
Rent contracts counted
983
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 620,000 = 6.5%. 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
Gems First Point School (The Villa)1 km, 17 min walkSchool
GEMS Wellington Academy2.5 km, 8 min driveBritish school
Indian International School2 km, 7 min driveIndian school
Mashriq Elite's Floarea Oasis has studio, one- and two-bedroom apartments in Dubai Land Residence Complex from AED 620,000, with handover listed for March 2028. Its from price per square foot is 9.8% below 65 similar studio off-plan sales in the same project in the 12 months to November 2026.
The Dubai Land Department recorded 65 studio off-plan sales in Floarea Oasis in the 12 months to November 2026, and the from price per square foot here is 9.8% below their median. The check compares price per square foot, not total price.
You pay 20% on booking, 30% during construction and 50% at handover. At the from price that is AED 124,000 on booking, AED 186,000 during the build and AED 310,000 at handover. Separately, the 4% DLD fee comes to AED 24,800; ask when it is due. The listed handover is March 2028, about 16 months from now.
The building has 13 floors and 257 homes. The developer's description gives studios of 425 sq ft, one-bedroom homes of 825 sq ft and two-bedroom homes of 1,237 sq ft. Mashriq Elite lists European-branded wood finishes and a smart home system that works with Alexa. Shared facilities, spread over two floors, include a gym, a pool, a children's pool, a play area and 24/7 security.
A medical centre is about 180 m away, a 3-minute walk. Gems First Point School (The Villa) is about 1.0 km away, a 17-minute walk, and GEMS Wellington Academy about 2.5 km, an 8-minute drive. The nearest metro, Creek Metro Station, is about 13.9 km away, an 18-minute drive.
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
How prices moved
Median price of studio apartments in Dubai Land Residence Complex, over the 12 months to each dateUp 17% from Dec 2024 to Sep 2026.
Dec 2024AED 1,389 per sq ft
Sep 2026AED 1,629 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,629 per sq ft
3,041 sales
Jun 2026
AED 1,634 per sq ft
3,565 sales
Mar 2026
AED 1,617 per sq ft
3,650 sales
Dec 2025
AED 1,589 per sq ft
3,515 sales
Sep 2025
AED 1,546 per sq ft
3,109 sales
Jun 2025
AED 1,492 per sq ft
2,778 sales
Mar 2025
AED 1,435 per sq ft
2,326 sales
Dec 2024
AED 1,389 per sq ft
1,550 sales
Off-plan sales only.
Questions about this project
How does the price compare with other sales here?
The from price per square foot is 9.8% below the median of 65 similar studio off-plan sales in this project over the 12 months to November 2026.
What do I pay and when?
AED 124,000 on booking (20%), AED 186,000 during construction (30%) and AED 310,000 at handover (50%), at the from price. Separately, the 4% DLD fee comes to AED 24,800; ask when it is due.
How large is each apartment type?
Studios are 425 sq ft, one-bedroom homes 825 sq ft and two-bedroom homes 1,237 sq ft, by the developer's figures.
When is handover?
The listed handover is March 2028, about 16 months away. Ask Mashriq Elite how far construction has got.
What comes with the homes?
European-branded wood finishes, an Alexa-linked smart home system and balconies. The building has a gym, pools, a play area and 24/7 security.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
