by Mashriq Elite Developments
Floarea LakesPayment Plan
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
Floarea Lakes Payment Plan & Buyer Costs
Floarea Lakes by Mashriq Elite Developments is sold on a construction-linked payment plan (20 – 30 – 15 – 35%) — a down payment on booking, staged instalments during construction, and the balance on handover (targeted for Q4 - 2028). All payments are held in a RERA-regulated escrow account that protects your funds throughout the build.
Beyond the purchase price, budget for the one-time Dubai Land Department fee (4%), the Oqood off-plan registration (around AED 3,000) and standard agency fees. Dubai charges no annual property tax and no capital-gains tax, so investment returns are kept in full.
Starting Price
640,000640000
20 – 30 – 15 – 35%
Payment Plan
20 – 30 – 15 – 35%
Down Payment
20%
AED 128,000
During Construction
30%
AED 192,000
On Handover
15%
AED 96,000
Post Handover
35%
AED 224,000
Accepted Methods
Units Information
Unit Types
1–3 BR Apartment, Studio
Size Range
—
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Project Details
TESTIMONIALS
What Buyers Say
“Exceptional quality and a prime location. The payment plan made it very accessible. The team at Binayah guided me through every step seamlessly.”
Ahmed R.
2 Bedroom Buyer
“We fell in love with the views and the amenities. It's the perfect family home with everything you need within walking distance.”
Sarah L.
3 Bedroom Buyer
“Great investment opportunity with strong rental yields. The developer has an excellent track record and the build quality is superb.”
James K.
1 Bedroom Buyer
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
How to Buy Property in Dubai
Step-by-step: from RERA agent to title deed in 30 days
Golden Visa Through Property
AED 2M threshold, eligibility and family inclusion
Off-Plan vs Ready Properties
Pros, cons and decision matrix for each type
DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
Why this difference matters for resale and visa
Buying as a Non-Resident
Power of attorney, financing and timelines explained