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Floarea Lakes by Mashriq Elite at Dubai Production City

AED 640,000

Starting Price

65:35(Post-Handover)

Payment Plan

Q4 2028

Handover

Summary

  • Starting Price AED 640,000
  • Property Size 384 to 1,792 SQ. FT.
  • Bedrooms Studio, 1, 2 & 3BR
  • Year Built Q4 2028
  • Property Status New Launch
  • Property Type Apartment, Studio

Address

  • Country United Arab Emirates
  • State Dubai
  • City Dubai
  • Area Dubai Production City

Overview

Floarea Lakes at Dubai Production City by Mashriq Elite Developments

Introduction

Let me start with a simple observation.

When buyers begin exploring property in Dubai, they usually start with the obvious places. Dubai Marina. Downtown. Maybe Palm Jumeirah. But after comparing prices for a while, many people begin asking a different question.

Where can I still buy a well designed apartment without paying premium waterfront prices?

That question often leads them to Dubai Production City.

And that is exactly where Floarea Lakes by Mashriq Elite Developments is coming up.

This project is not trying to compete with the tallest towers in the city. Instead, the idea is something quieter and more practical. A residential building where apartments are designed for everyday living, not just for show.

Here is the quick overview most buyers ask for first.

Starting price: AED 640,000

Property type: Apartments

Unit options: Studio, 1 Bedroom, 2 Bedroom and 3 Bedroom

Size range: 384 sq ft to 1,792 sq ft

Payment structure: 65% during construction and 35% after handover

Expected completion: Q4 2028

The building itself will have ground level plus eight residential floors and a rooftop level. So it stays relatively mid rise. That tends to create a quieter residential atmosphere compared with the much taller towers you see elsewhere in Dubai.

For buyers searching for off plan apartments in Dubai Production City, that kind of scale is often exactly what they prefer.

Floarea-Lakes-by-Mashriq-Elite-at-Dubai-Production-City-1

Why Investors Like It

Investors who look at Dubai Production City property usually focus on three things.

The first is price. Compared with many central districts in Dubai, apartments here remain more accessible.

The second factor is location. The area connects to several major roads, which helps residents move between different parts of the city.

The third factor is the growth of nearby communities. Jumeirah Village Circle, Dubai Sports City and Motor City have expanded significantly in recent years. As those areas grow, surrounding districts often benefit as well.

Projects offering post handover payment plans also attract investors who prefer spreading payments across longer timelines.

Enquiry and Final Thoughts

Floarea Lakes is designed for buyers who want a practical home rather than a luxury showpiece.

The development tends to appeal to buyers looking for:

  • Off plan apartments in Dubai Production City • Flexible payment plans extending beyond completion • Investment apartments in a growing residential district • Homes with practical layouts including study spaces

If you are considering the project seriously, it helps to review the current inventory and available layouts.

20%

On Booking

30%

On Construction

15%

On Handover

35%

On Post Handover

Location Map

Master Plan

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