By Mashriq Elite Developments · Apartments · Updated 07 Sep 2026

Floareá Lakes sits in Dubai Production City, Dubai. The Dubai Land Department has registered 2,173 sales in Dubai Production City so far in 2026 at an average of AED 1,317 per sqft, which is the benchmark to hold this launch against. See every project currently selling in Dubai Production City.






Launch pricing starts at AED 709,000 and runs to about AED 2,199,000 for Studio – 3 bed apartments of 381–1,793 sqft. That is roughly AED 1,860 per sqft at entry, against a Dubai Land Department registered average of AED 1,317 per sqft across 2,173 sales in Dubai Production City this year.
The developer's stated completion is Q4 2028. Off-plan instalments are construction-linked and paid into a regulated escrow account, so your money is released to the developer only as build milestones are certified.
Yes. Dubai Production City is a designated freehold zone in Dubai; buyers of any nationality can hold full title registered at the Dubai Land Department. Purchases from AED 2 million qualify for the 10-year UAE Golden Visa.
Mashriq Elite Developments. They currently have 3 other projects on sale that we track. Check their delivery record and RERA registration on our developer scorecard before paying a booking deposit.
Floor plans, payment schedule and registration costs, same day. RERA 41793.