1 bedroom, Floarea Residence tower
Dubai, Arjan, Floarea Residence
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
Bus stop
TOTAL INVESTMENT AMOUNT: $254 310
  • Unit price: $227 397
  • Renovation price: $1 370
  • Furnishings: $10 959
  • DLD fee payment: $9 255
  • Transaction registration: $1 096
  • Power of attorney: $822
  • Manager cheque: $3 411

TOTAL RENTAL YIELD PER YEAR: $27 945
  • Rent payments: $2 329 (per month) / $27 945 (per year)

EXPENSES PER YEAR: $11 490
  • Service charge: $2 525
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $4 192

NET RENTAL YIELD PER YEAR: $16 456
or 6,47%
9-min walk
$227 397 ($3 445/m²)
830 000 AED
Rental yield: 6,47%
Price growth rate per year: 11,9%
66 м²
Property area
Q2 2025
Construction year
2 out of 9
Floor
2
Bathroom(s)
Apartment in a new building under construction near the metro station

Floarea Residence is a new 10-storey club project by developer Mashriq Elite in Arjan neighborhood. All apartments are delivered with Italian finishes and complete with appliances. The project is scheduled for completion in Q2 2025. Installment payment - 50% during construction, 50% upon receipt of keys.

9-minute walk to the bus stop, close to Butterfly Garden and Miracle Garden.

  • 1 bedroom
  • 2 bathrooms
  • Area: 66 sqm
  • 2nd floor (out of 9)
  • Balcony
  • Italian finishes and built-in appliances
  • Smart home system with automatic eaves
  • 1 parking space

Key tower features:
  • Infinity pool, barbecue area
  • Decorative waterfall
  • Modern gym
  • Yoga room
  • Coworking
  • Modern gym
  • Children's playground with climbing wall
  • Common areas for meetings and work

Payment schedule:
  • 20% - down payment
  • 10% - February 2024
  • 10% - May 2024
  • 10% - September 2024
  • 50% - upon delivery of the house Q2 2025
Arjan is a residential district in Dubailand developed by the Dubai Properties Group, one of the largest companies in the UAE. The neighborhood is home to a number of popular Dubai attractions, which include Dubai Miracle Garden and Dubai Butterfly Garden.

The area is also located in close proximity to the most sought-after landmarks in Dubai including Palm Jumeirah, Mall of the Emirates, The Walk JBR, Dubai Mall, etc.