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
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