- Sold from24 sales, last 90 days · DLD; cheapest: mostly studios
- AED 1.09M≈ $297K
- Listed fromper propertyfinder.ae, 30 Sep 2026
- AED 666K
- Buyers paid vs DLD median
- −6%
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 30 Sep 2026- Sold from
- AED 1.09M
- 24 sales, last 90 days · DLD; cheapest: mostly studiosListed from AED 666K
- Bedrooms
- Studio to 2 bed
- 398 – 1,170 sqft · 200 units
- Payment plan
- 20/25/20 + 35 post-handover
- AED 133K to book
- Handover
- Q4 2028
- 0% built per the DLD
DLD registered sales
- Last 90 days
- AED 1.13M – AED 1.22M
- · 22 sales, mostly 1-beds
Homes and floor plans
200 homes · FreeholdPick a home: the plan and the forecast follow it.
Paid: middle half of each type's off-plan sales, Nov 2025–Nov 2026 · DLD
Payment plan · studio
On AED 666K- 20% at bookingAED 133K
- 25% during construction, until handover (Q4 2028)AED 167K
- 20% on handover (Q4 2028)AED 133K
- 35% after handover (Q4 2028)AED 233K
Before the keys: AED 300K, 45% of the price.
Part of the price is paid after the keys. How post-handover payment plans work.
Mashriq Elite Developments’ own file on propertyfinder.ae, checked 30 Sep 2026
Location · Jumeirah Village Circle · Dubai
Mid-market apartment and townhouse community; the busiest off-plan market in Dubai by volume.
Forecast
What the studio could be worth
More in Jumeirah Village Circle
Compare side by sideAll projects in Jumeirah Village Circle
The in-depth review
Why it scores 72
Price per sqft vs registered sales
Dubai Land Department open data · as of 10 Nov 2026−6% below what buyers paid nearby
31 off-plan sales, last 6 months · middle half AED 1,431 – AED 1,522
Off-plan sales, last 6 months, 2,252 registered sales in the area · middle half AED 1,394 – AED 1,899
Our estimate from the listed prices and unit sizes
Off-plan sales pace
5.2 a month
31 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 1,494/sqft in this project (off-plan sales, last 6 months, 31 registered sales, as of 10 Nov 2026) against the DLD median of AED 1,589/sqft for apartments in Jumeirah Village Circle, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 1,464/sqft (est.). Source: Dubai Land Department open data.
How the 72 was scored
7 of 8 factors · 85% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleToo early to judge · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 31 registered off-plan sales here, against the median of 2,252 off-plan sales in Jumeirah Village Circle · DLD
- Developer track record
- Our rating, 1 delivered projects and how its finished building resells
- Payment plan
- 20% down · 25% during construction · 20% on handover · 35% after
- Location and infrastructure
- Our rating of Jumeirah Village Circle, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 3,320 resales of finished apartments in Jumeirah Village Circle this year · DLD
- Construction on schedule
- 0% built, 1% due by now (handover Q4 2028): judged once 10% of the build is due · DLD
- How much is still being built nearby
- 8,206 homes sold in Jumeirah Village Circle this year, 58% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 31 registered sales, against 2,252 in the area; the developer's record is not on either register under the names we hold, so its rating rests on its own pages and the press.
74 → 72 26 Sep 2026, developer record, payment plan, location factors; supply now measuredScored since 24 Sep 2026 · 1 score change
Capped at 72: a project's weighted average sits at most 15 above its developer's track record of 50, so at 65, which is 72 on the Rendr scale. The factors alone give 78.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 72
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 103 registered sales here: date, size and price paid
- The 7 assessed factor scores, with the figure and source behind each
- Score history since 24 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
See what buyers paid at Floarea Skies, and everything behind the 72.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q4 2028
Under construction · 0% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Also due in 2028 in Jumeirah Village Circle: 21 more projects we list
Mashriq Elite Developments: 1 project delivered in the last ten years, typically 7 months late, none cancelled.
Floarea Skies is due to hand over in Q4 2028. Construction is 0% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 30 Sep 2026- Project registration3717
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, read 30 Sep 2026, last verified 30 Sep 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from Property Finder's sales start date.
Before you pay: four things to check
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q4 2028. Ask for the date in the sales agreement.3Today's price list
AED 666,000 is a starting price from propertyfinder.ae, 30 Sep 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 25% during construction, 20% at handover, 35% after handover. Ask for each payment's date and amount.
About
Floarea Skies is Mashriq Elite's apartment tower in Jumeirah Village Circle, Dubai, with studios to two-bedroom apartments from about 398 to 1,170 sq ft.
- Developer
- Mashriq Elite Developments
- Status
- Under construction
- Sales launch
- 1 Aug 2025
- Total units
- 200
- Storeys
- 17
- Ownership
- Freehold
Amenities
- Gymnasium
- Indoor Swimming Pool
- Landscaped Gardens
- Yoga room
- Golf Course
- Restaurants
- Children's Play Area
What’s nearby
straight-line distance- Supermarket or mall170 m
- Hospital or clinic1.4 km
- School1.9 km
- Metro or tram stop5.6 km
- Beach6.8 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments7.3% in Jumeirah Village Circle. A median rent of AED 91 per sqft a year on 13,104 new tenancy contracts, last 6 months, against AED 1,241 per sqft paid across 1,986 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working
Floarea Skies: questions buyers ask
How much does Floarea Skies cost?
Registered sales at Floarea Skies start from AED 1,091,000 (about $297K): the cheapest tenth of 24 off-plan sales (mostly studios), Aug–Nov 2026, per DLD. It is listed from AED 666,000, per propertyfinder.ae on 30 Sep 2026.
What is the price per sqft at Floarea Skies?
Buyers paid a median of AED 1,494 per sqft at Floarea Skies (off-plan sales, last 6 months, 31 registered sales).
When is the Floarea Skies handover date?
Floarea Skies is expected to hand over in Q4 2028. The project is under construction, 0% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is the Floarea Skies payment plan?
Floarea Skies is offered on a 20/25/20 + 35 post-handover plan: 20% on booking, 25% during construction and 20% at handover, with 35% spread after you get the keys.
Is Floarea Skies priced above or below what buyers paid nearby?
Buyers paid a median of AED 1,494 per sqft in Floarea Skies (off-plan sales, last 6 months, 31 registered sales), which is 6% below the median of AED 1,589 per sqft that buyers actually paid for apartments in Jumeirah Village Circle, across 2,252 sales registered with DLD.
What is the Rendr Score of Floarea Skies?
Floarea Skies scores 72 of 100 on the Rendr Score, good, as of 10 Nov 2026; 7 of its 8 factors are assessed, 85% of the weight.
What rental yield do apartments in Jumeirah Village Circle make?
About 7.3% gross for apartments in Jumeirah Village Circle, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Floarea Skies?
Floarea Skies is being developed by Mashriq Elite Developments. It sits in Jumeirah Village Circle, Dubai.
Is Floarea Skies registered with DLD?
Floarea Skies is registered with the Dubai Land Department (DLD) under number 3717. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 4 changes since, last 4 Oct 2026
Construction 0% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Starting price down from AED 849K to AED 666K
Source: propertyfinder.ae, 30 Sep 2026
Payment plan stated: 20/25/20 + 35 post-handover
Source: propertyfinder.ae, read 24 Sep 2026
Sales launch date set to 1 Aug 2025
Source: Property Finder's sales start date
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026