PropertyIndex

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 6 projects across 5 communities

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 6 registered projects comprising 1,302 units. 486 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,477 per sqft. At AED 1,477 per sqft, MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C prices 23% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
6
1 completed · 5 in progress
Inventory
1,302units
413 completed · 889 in progress
Communities
5
across Dubai
PIX© PSF
1,477AED/sqft
0.0% YoY
Gross yield
8.2%
PIX© rent ÷ PIX© price
Sale records
486
DLD · L12M · 494.69M AED
Rent contracts
168
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
1 project
413 units
In pipeline
5 projects
889 units
’25
’26
’27
’28
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

Map of comparable projects in this portfolio
CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 6
Floarea Breeze
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.CUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
53
Sales · L12M
16
Rents · L12M
-
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Floarea Breeze
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
5316-
Floarea Residence
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Completed
41370168
Floarea Skies
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
196138-
Floarea Grande
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
22346-
Floarea Oasis
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
258210-
Floarea Vista
MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C · Under Construction
1596-
Sales and rents are last-12-month DLD/Ejari records.

Common questions about MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does a MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C property cost?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C prices at AED 1,477 per sqft on current PIX© values, based on 486 sales registered with the Dubai Land Department in the last 12 months.

Which MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C project is cheapest?

Floarea Vista is the lowest-priced at AED 1,078 per sqft, and Floarea Breeze the highest at AED 1,857 per sqft, across 6 priced projects with registered sales.

What rental yield do MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C properties achieve?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C yields 8.2% gross, calculated from current PIX© rents against current PIX© sale prices across 168 registered Ejari contracts.

How many projects does MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C have in Dubai?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C holds 6 registered projects comprising 1,302 units, per the Dubai Land Department project register.

Where does MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C build in Dubai?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C has registered projects in Dubai Land Residence Complex, Jumeirah Village Circle, Arjan, Palm Deira, Discovery Gardens, per the Dubai Land Department project register.

Have MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C prices gone up or down?

Prices across MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C's portfolio have held flat over the last 12 months at AED 1,477 per sqft, across 486 registered sales.

Is MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 1,477 per sqft, MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C prices 23% below the Dubai market average of AED 1,921 per sqft on registered sales.