About Mashriq Elite Developments

Mashriq Elite Real Estate Development LLC is a privately owned Dubai property developer. It forms the real estate arm of Mashriq Group, which also operates in project development, telecommunications and design. The leadership team's experience runs across Saudi Arabia, Singapore, Indonesia and the UAE.

Kamran Muhammad is the CEO of Mashriq Elite Developments and is the executive quoted in the company's public announcements. The office is at Westburry Business Tower, Business Bay, Dubai.

Every building the company has launched carries the Floarea name, so the whole portfolio is easy to recognise: Floarea Residence, Floarea Grande, Floarea Vista, Floarea Skies, Floarea Oasis and Floarea Breeze.

The company registered with the Dubai Land Department in January 2023 and holds developer number 1542. It marked its third anniversary in January 2026.

Its first Dubai project, Floarea Residence in Arjan, was launched in September 2023. So as a developer in this market, Mashriq Elite has been active for three and a half years. That is worth holding in mind when reading any claim about longer experience, which relates to the wider group rather than to the Dubai development business.

The CEO stated in January 2026 that the delivery cycle over the following two years would take the company's footprint past two million square feet of built-up area, with more than 850 residences planned for delivery in that period.

As of the company's January 2026 announcement there were eight projects: one completed, five under construction, and two announced for launch.

• Arjan, Dubailand. The company's home ground and the only community where it has handed over keys. Arjan is bordered by Al Barsha South to the north and Sheikh Mohammed Bin Zayed Road to the south, with Dubai Miracle Garden and Dubai Butterfly Garden inside the community.
• Discovery Gardens, within Al Furjan. Floarea Vista, a ten-storey building of 158 homes, close to Discovery Gardens Metro Station 2 and The Gardens Metro Station.
• Jumeirah Village Circle. Floarea Skies, 192 units, due for handover in the first quarter of 2028.
• Dubai Land Residence Complex. Floarea Oasis, 257 residences, the largest single project in the portfolio.
• Dubai Islands. Floarea Breeze, the company's first waterfront address and the only project with townhouses. Dubai Islands Mall, the beach, the marina and the park all sit within about five minutes.
• Meydan and Dubai Production City. Named by the CEO in January 2026 as the next expansion, with both projects announced for launch.

The product is residential apartments. Studios, one-bedroom and two-bedroom homes make up most of the portfolio, with three-bedroom units at Floarea Breeze. The only non-apartment product is a set of four townhouses at Floarea Breeze, sized between 1,847 and 1,895 sq ft.

Floarea Residence was handed over fully finished and semi-furnished, with a fitted kitchen carrying European built-in appliances. The same finishing approach runs through the newer buildings: European tile flooring, feature walls, smart home systems, panoramic lifts and double-height entrance lobbies.

• Floarea Residence. A waterfall five metres high and thirty metres wide falling from the first-floor infinity pool to the ground, with a walkway beside it. Also a glass façade, a nature garden atrium under a sunroof, a green central park, a splash pad, separate steam and sauna for men and women, clubhouse, yoga studio, coffee bar and a barbecue courtyard.
• Floarea Grande. A vertical garden with a cascading water feature, a natural garden atrium, panoramic elevators, EV charging stations, number-plate recognition parking, and a smart home system with voice control.
• Floarea Vista. Rooftop amenities including a sky lounge, mini golf course, oasis garden, bean bag lounge and outdoor meditation deck, alongside an infinity pool, jogging track, multi-sports court and zen areas.
• Floarea Breeze. A grand lobby, designer corridors, floor-to-ceiling Italian tiles, premium wood finishes and integrated smart home technology, on a plot of 26,975 sq ft with a G+P+6+R structure.

One price has been published by the developer itself. At the Floarea Breeze groundbreaking in December 2025, one-bedroom apartments were announced from AED 1,799,000. That is the company's most expensive project and its only waterfront address.

Prices for the other Floarea buildings have not been announced by the developer in public statements. Figures shown on listing portals come from agents rather than from Mashriq Elite, and they change from week to week, so the current price for any specific unit should be taken directly from the developer or from an agent with written confirmation.

Once, and it did.

Floarea Residence launched in September 2023 and was handed over in August 2025, matching the timeline announced at launch. The handover was covered by Gulf News and Khaleej Times in October 2025.

The project sold out at off-plan stage within 35 days of launch, and Dubai Land Department registrations were completed within 60 days.

Since then the company has moved five projects into construction at the same time across five communities.
That is a clean record, but it is a short one. One completed building is the sample size available today. The next real test arrives in the fourth quarter of 2026, when Floarea Grande and Floarea Vista are scheduled to hand over around 380 apartments between them.

• Investors focused on mid-market communities. Arjan, Discovery Gardens, JVC and Dubai Land Residence Complex are where Dubai's mid-income tenants look first, which keeps studios and one-bedroom units occupied.
• Buyers who value a kept promise over a long brochure. The company said August 2025 for Floarea Residence and delivered in August 2025. For a developer this young, that single fact carries more weight than anything else.
• End users who want to move straight in. Homes are handed over finished, with fitted kitchens and European appliances, so there is little to spend after handover.
• Buyers who need a handover soon rather than in four years. Floarea Grande and Floarea Vista are scheduled for the fourth quarter of 2026.
• Buyers who want a metro-linked address. Floarea Vista sits close to Discovery Gardens Metro Station 2, which is unusual for a building of this size.
• Buyers who want a coastal home. Floarea Breeze on Dubai Islands puts the beach, the marina and Dubai Islands Mall within about five minutes.

• Buyers who need a long delivery history. One completed building since 2023. Anyone who wants decades of handovers behind their purchase will be more comfortable with an older Dubai name.
• Villa buyers. There are no villas in the portfolio, and only four townhouses, all inside one project.
• Large families. Nothing above three bedrooms has been announced, and most buildings stop at two.
• Buyers set on a prime address. There is no Mashriq Elite building in Downtown Dubai, Palm Jumeirah, Dubai Marina, Business Bay or Dubai Hills. The portfolio sits deliberately in growth communities.
• Investors who want deep resale data. The buildings are new and comparatively small, so there is limited transaction history to price an exit against.
• Buyers who want to compare several developers by finished product. Only one Mashriq Elite building can be walked through and inspected today. Everything else is still under construction.

• Confirm the project registration and its escrow account on the Dubai REST app or through the Dubai Land Department before any money changes hands.
• Read the handover date written into the sale and purchase agreement and treat that as the real date.
• Ask for the Oqood registration once the booking is complete.
• Ask for the projected service charge per square foot. Buildings carrying pools, gyms, sky lounges and landscaped decks cost more to run each year.
• If you are buying resale, ask for the original purchase price and how much has already been paid to the developer, not only the asking price.
• Ask how many units in the building are still held by the developer, because that is the competition your resale will face at handover.