Mashriq Elite to deliver over 1,200 new homes as portfolio reaches Dh1.5 billion

Tuesday, 20 January 2026

Dubai-based Mashriq Elite Real Estate Developments is set to deliver more than 1,200 residential units over the next two years, marking a major milestone as the developer celebrates its third anniversary with a Dh1.5 billion project portfolio across high-growth areas of the emirate.

Key Highlights:

Mashriq Elite plans to release 1,200+ residential units across Dubai within two years
380 apartments scheduled for handover in Q4 this year in Arjan and Discovery Gardens
Total portfolio valued at Dh1.5 billion, covering 1,525 residential units
First completed project, Floarea Residence in Arjan, delivered 206 units last year
Floarea Grande (222 units) in Arjan and Floarea Vista (158 units) in Discovery Gardens set for completion in 2026
Portfolio comprises eight projects, with five under development and two new launches planned
Ongoing construction includes projects in Arjan, Discovery Gardens, JVC, DLRC and Dubai Islands
Floarea Skies (JVC) and Floarea Oasis (DLRC) expected for handover in Q1 2028
Floarea Breeze in Dubai Islands, featuring apartments and townhouses, due in Q3 2027
Strategic expansion planned into Meydan and Dubai Production City (IMPZ)
Strong demand reported from local, regional and international buyers
Developer footprint to exceed 2 million sq. ft. of built-up area in active residential districts