PropertyIndex

Floarea Residence

Completed · Q2 2025|206 units · 1 building

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Floarea Residence is a completed apartment development by MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C in Arjan, Al Barshaa South Third, comprising 206 registered units. 288 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,573 per sqft. At AED 1,573 per sqft, Floarea Residence prices 3% above the Arjan average of AED 1,526 per sqft on registered sales.

PIX© price · 14.7% YoY
1.09MAED
Typical
1,573AED
PSF
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
288
DLD · all time
Rent contracts
172
Ejari · all time
Floarea Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
397 – 1,722 sqft
2061.09M1,57314.7%75K6.9%
Studio · Apartment
397 – 484 sqft
91
1 Bed · Apartment
708 – 1,273 sqft
97
2 Bed · Apartment
1,169 – 1,722 sqft
18
Sales — Project-Wide288 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
4 Aug 20261 BedFloor 27081,130,0001,596+36.1%StandardStandard Sale
29 Jul 2026StudioFloor 1484736,0001,521+24.7%Entry LevelStandard Sale
30 May 2026StudioFloor 4412725,0001,760+20.8%StandardStandard Sale
Rentals — Project-Wide172 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 169 rentals
Floors 1-2 · 38 rentals
Floors 3-5 · 59 rentals
Floors 6-9 · 72 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
21 Aug 202682285,000103Standardrenewal
20 Aug 20261,00295,00095Premiumnew
15 Aug 2026Floor 480483,000103-12.6%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Arjan

The closest-priced registered projects in Arjan.

Common questions about Floarea Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Floarea Residence cost?

Property in Floarea Residence sells at a current PIX© price of AED 1,573 per sqft, or about AED 1,092,216 for a typical unit, based on 288 sales registered with the Dubai Land Department.

Is Floarea Residence completed?

Yes. Floarea Residence is recorded as completed in the Dubai Land Department project register (completed q2 2025).

Who is the developer of Floarea Residence?

Floarea Residence is developed by MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Floarea Residence?

Floarea Residence yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 172 registered Ejari contracts.

How many units are in Floarea Residence?

Floarea Residence holds 206 registered units, per the Dubai Land Department unit register.

Have prices in Floarea Residence gone up or down?

Price per sqft has risen +14.7% over the last 12 months, to AED 1,573, across 288 registered sales.