PropertyIndex

Floarea Residence

Completed|206 units · 1 building

Floarea Residence is a completed development by MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C in Arjan, comprising 206 registered units. 288 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,553 per sqft. At AED 1,553 per sqft, Floarea Residence prices 25% above the Arjan median of AED 1,242 per sqft on registered sales.

PIX© price · 12.8% YoY
1.07MAED
Typical
1,553AED
PSF
Gross yield
7.2%
PIX© rent ÷ PIX© price
Sale records
288
DLD · all time
Rent contracts
190
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 2

Studio on Floor 2, Floarea Residence

Size
Record
Dec 2023 to Oct 2026
Owners
3
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
1Tenant 11 Oct 2026
Renewal
Owner 3
1Tenant 11 Oct 2025
Owner 3
3Owner 324 Dec 202421 mo
Current owner
2Owner 213 Aug 20244 mo
1Owner 123 Dec 20238 mo
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Studio · Floor 2 · Floarea Residence
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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
2061.07M1,55312.8%77K7.2%
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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
4 Aug 20261 BedFloarea Residence · Floor 27081,130,0001,596+36.1%StandardStandard Sale
29 Jul 2026StudioFloarea Residence · Floor 1484736,0001,521+24.7%Entry LevelStandard Sale
30 May 2026StudioFloarea Residence · Floor 4412725,0001,760+20.8%StandardStandard Sale
Rentals - Project-Wide190 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Oct 2026StudioFloarea Residence · Floor 239853,852135-Entry LevelCONTRACT
30 Sep 20261 BedFloarea Residence · Floor 6821100,000122-PremiumCERTIFICATE
16 Sep 2026StudioFloarea Residence · Floor 441355,151134-StandardCONTRACT

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 1,553 per sqft, or about AED 1,066,462 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.

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 7.2% gross, calculated from current PIX© rent against current PIX© sale price, across 190 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 +12.8% over the last 12 months, to AED 1,553, across 288 registered sales.