by Mashriq Elite Developments
Floarea Lakes
Dubai Production City, Dubai, UAE
Developer
Mashriq Elite Developments
Starting Price
AED 640,000
Unit Types
1-3 BR Apartment · Studio
Handover
Q4 - 2028
Payment Plan
20 - 30 - 15 - 35%
Booking - Construction - Handover
About the Project
Project Overview
Floarea Lakes by Mashriq Elite Developments is a premium off-plan residential development located in Dubai Production City. The project offers thoughtfully designed Studio, 1, 2, and 3 bedroom apartments ranging from 385 to 1,787 sq. ft., ideal for families, professionals, and property investors seeking a modern and vibrant urban lifestyle. This freehold development combines contemporary architecture with functional layouts, high-quality finishes, and community-centric amenities.
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Available Units
Floor Plan on Request
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Studio
Floarea Lakes
Starting From
AED 640,000
Studio
Bedrooms
1
Baths
400
Sq. Ft.
Key Features
Why This Project
Key Highlights
Media
Gallery
Payment Plan
For Studio · AED 640,000
Down Payment
Step 1 · 20% paid
During Construction
Step 2 · 50% paid
On Handover
Step 3 · 65% paid
Post Handover
Step 4 · 100% paid
Total
AED 640,000
At Floarea Lakes, we offer a flexible and attractive payment plan designed to make your investment seamless and manageable. The payment structure is divided into four key stages: a 20% down payment, followed by 30% during the construction phase, 15% upon handover, and the remaining 35% post-handover. To begin, a down payment of 20% is required at the time of booking, allowing you to secure your dream property in this stunning development. As construction progresses, you will contribute an additional 30%, ensuring that your investment is aligned with the project's development milestones. Upon completion and handover, which is anticipated in Q4 of 2028, a further 15% will be due. Finally, the remaining 35% can be settled post-handover, providing you with additional flexibility as you transition into your new home. With starting prices from AED 640,000, this payment plan caters to a variety of budgets while allowing you to invest in a premium property developed by Mashriq Elite Developments. Experience the luxury of Floarea Lakes while enjoying a structured approach to your financial commitment.
Location & Nearby
Floarea Lakes is ideally situated in the vibrant community of Dubai Production City, a dynamic hub that perfectly blends work and leisure. This area is renowned for its modern infrastructure and a thriving business environment, making it an excellent choice for professionals and families alike. The community is characterized by its innovative spirit, with a mix of commercial and residential developments that cater to a diverse population. Residents enjoy a lifestyle that balances productivity with relaxation, surrounded by beautifully landscaped parks and recreational facilities. The location of Floarea Lakes offers easy access to some of Dubai's most iconic landmarks and attractions. Just a short drive away, the stunning Burj Al Arab stands as a symbol of luxury and architectural brilliance, while the pristine beaches provide a perfect escape for sun-seekers and water sports enthusiasts. The Palm Jumeirah, known for its luxurious resorts and vibrant nightlife, is also within reach, offering a unique blend of leisure and entertainment options. For those who enjoy an active lifestyle, the nearby pedestrian bike path community parks and tennis courts provide ample opportunities for outdoor activities, promoting health and wellness amidst the urban landscape. Additionally, the proximity to Dubai Marina adds to the allure, with its bustling waterfront filled with dining, shopping, and leisure options. Convenience is further enhanced by the close proximity to Al Maktoum Airport, making travel seamless for both residents and visitors. This strategic location ensures that Floarea Lakes is not only a serene retreat but also a gateway to the broader attractions of Dubai, appealing to those who seek a balanced lifestyle in a thriving urban setting. Whether you are a young professional, a growing family, or someone looking to invest in a vibrant community, Floarea Lakes in Dubai Production City offers an ideal living experience that encapsulates the essence of modern Dubai.
Investment Highlights
7-9%
Est. Rental Yield
12-15%
Capital Growth
90%+
Occupancy Rate
LIFESTYLE
Amenities & Facilities
Common Questions
Frequently Asked Questions
Q1. What types of apartments are available in Floarea Lakes?
Studio, 1, 2, and 3 bedroom apartments suitable for families, professionals, and investors seeking modern living in Dubai Production City.
Q2. What is the starting price of apartments?
Apartments are available from AED 640,000 (approximately USD 174,268).
Q3. What payment plans are offered for Floarea Lakes?
A flexible 65/35 payment plan is available with 20% down payment, 30% during construction, 15% on handover, and 35% post-handover.
Q4. When is the project completion?
The development is scheduled for completion in Q4 2028.
Q5. Is Floarea Lakes freehold or leasehold?
The development is freehold, providing full ownership to UAE residents and international buyers.
Q6. Who is the developer of Floarea Lakes?
The project is developed by Mashriq Elite Developments, known for delivering premium residential projects in the UAE.
Q7. What are the approximate sizes of apartments?
Apartment sizes range from 385 sq. ft. for studios to 1,787 sq. ft. for larger 3 bedroom units.
Q8. Are there any family-friendly features in the community?
Yes, the development includes children’s play areas, landscaped parks, and family-oriented recreational facilities.
Q9. Can residents work from home comfortably in Floarea Lakes apartments?
Yes, apartments are designed with functional layouts, open living areas, and high-speed internet connectivity for remote work.
Q10. Are retail and dining options available within the community?
Yes, Floarea Lakes integrates cafes, restaurants, and retail outlets within walking distance of residences.
Q11. Does the community support active lifestyles?
Yes, jogging tracks, cycling lanes, and pedestrian pathways encourage healthy living for residents.
Q12. Is parking available for residents and guests?
Yes, there are covered and dedicated parking spaces along with bicycle storage facilities.
Developer
About the Developer
Mashriq Elite Developments
Mashriq Elite Developments is a leading real estate developer in the UAE, known for delivering iconic residential and commercial projects across prime locations in Dubai.
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