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Apartments · Dubai Production City

Floarea Lakes

by Mashriq Elite Developments · Dubai Production City

  • Residential Tower
  • Smart Home

Floarea Lakes by Mashriq Elite Developments is an elegant residential project featuring eight floors and a collection of 346 thoughtfully designed residences. Located in Dubai Production City (IMPZ), it presents studio, 1, 2 and 3-bedroom apartments with contemporary layouts, elegant…

Listed 11 Mar 2026 · updated 7 Jul 2026

Floarea Lakes in Dubai Production City, as rendered by the developerOff-plan
Starting price
AED 649,000
Payment plan
65/35
Handover
2028
Bedrooms
1, 2, 3, Studio
Property type
Apartments

Source: developer listing, last verified .

DLD verification pending

Overview

About Floarea Lakes

Floarea Lakes by Mashriq Elite Developments is an elegant residential project featuring eight floors and a collection of 346 thoughtfully designed residences. Located in Dubai Production City (IMPZ), it presents studio, 1, 2 and 3-bedroom apartments with contemporary layouts, elegant interiors, and premium finishes, complemented by lifestyle amenities designed across multiple levels to elevate everyday living.

Floarea Lakes in Dubai Production City (IMPZ) introduces a lakeside residential environment combining modern architecture with serene surroundings. Residents will benefit from smart home integration, expansive windows, and spacious balconies, while the community atmosphere and curated amenities create an ideal setting for comfortable living and long-term capital appreciation.

Highlights

Why buyers look at this project

  • Prime IMPZ Location Near Major Highways

    Positioned in Dubai Production City with excellent access to Sheikh Mohammed Bin Zayed Road and Al Khail Road.

  • Contemporary Residences For Modern Living

    A selection of studio to 3-bedroom apartments with efficient layouts suited for individuals, professionals, and families.

  • Elegant Designer Interiors

    Premium finishes, curated materials, and sophisticated textures create refined living spaces with a modern aesthetic.

  • Three Floors of Lifestyle Amenities

    A carefully planned collection of amenities spanning wellness, leisure, sports, and social spaces across multiple levels.

  • Trusted Developer with Strong Vision

    Developed by Mashriq Elite Developments with a focus on quality construction and thoughtfully designed projects.

  • Smart Home Enabled Residences

    Integrated smart home technology provides seamless control of lighting, climate, and security features.

  • Flexible Investment Payment Options

    Multiple structured payment plans including 50/50 and 65/35 post-handover options for buyer flexibility.

  • High Capital Appreciation Potential

    Strategic location, modern design, and strong connectivity position the project for attractive long-term value growth.

Details

Project details

Starting Price
AED 649,000
Payment Plan
65/35
Property Types
Apartments
Developer
Mashriq Elite Developments
Handover
2028
Bedrooms
1, 2, 3, Studio
Location
Dubai Production City
Status
Off-plan

Amenities

Amenities

Floarea Lakes offers an exceptional array of world-class amenities designed to enhance every aspect of modern living.

  • Horizon Pool & Pool Side Sun Deck
  • Cabanas
  • Sky Deck Sitting Area & Sky Lounge
  • Sports Courts
  • Zen Garden & Meditation Deck
  • Club House
  • Indoor & Outdoor Gyms
  • Sauna, Steam & Plunge Bath
  • Kids’ Pool & Mini Waterpark
  • Kids’ Physical Activity Area, Monkey Bar & Dome

Payment plan

How the price is paid

  1. Step 1

    During Construction

    65%

    ≈ AED 421,850 on the starting price

  2. Step 2

    On Handover

    35%

    ≈ AED 227,150 on the starting price

Post-handover payment plans may be available. Contact our specialists for customized financing options.

Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.

Unit types

Units and floor plans

Floor plans are sent on request, with current availability and the exact price list.

  • Studio Apartments

    Sizes and prices on request
    Request floor plan

    Floor plans are sent on request

    Our experts send the studio apartments floor plan, current availability and the exact price list.

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  • 1-Bedroom Apartments

    Sizes and prices on request
    Request floor plan

    Floor plans are sent on request

    Our experts send the 1-bedroom apartments floor plan, current availability and the exact price list.

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  • 2-Bedroom Apartments

    Sizes and prices on request
    Request floor plan

    Floor plans are sent on request

    Our experts send the 2-bedroom apartments floor plan, current availability and the exact price list.

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  • 3-Bedroom Apartments

    Sizes and prices on request
    Request floor plan

    Floor plans are sent on request

    Our experts send the 3-bedroom apartments floor plan, current availability and the exact price list.

    By sending you agree to the privacy policy. No spam; an advisor replies, not a sequence.

Location

Dubai Production City and connectivity

Floarea Lakes apartments Dubai are situated in Dubai Production City (IMPZ), a rapidly growing residential and commercial district known for its excellent connectivity and lifestyle conveniences. The development enjoys easy access to Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), allowing residents to reach major destinations across Dubai quickly while enjoying a tranquil lakeside environment.

Drive times

  • City Centre Me’aisem2 min
  • Dubai Sports City5 min
  • Jumeirah Village Circle (JVC)10 min
  • Dubai Marina15 min
  • Mall of the Emirates18 min
  • Downtown Dubai25 min

Drive times as published by the developer, off-peak.

About the area

Dubai Production City

5 projects listed in Dubai Production City

Dubai Production City, formerly known as IMPZ, is a free zone and mixed-use development established by TECOM Group in 2003, spanning roughly 43 million sq. ft. within DubaiLand. The Dubai Production City master plan combines residential, commercial and industrial spaces within a single organised layout,…

All projects in Dubai Production City

Investment

Investment outlook

This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.

Projected Rental Yield
6–8%
Potential Capital Appreciation
10–15%
Golden Visa Eligibility Potential
AED 2M+
  • UAE off-plan properties continue to attract strong local and international investor demand.
  • Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
  • Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
  • Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.

General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.

Financing

Financing options

  • Low Down Payment
  • Developer Payment Plans
  • Post-Handover Plans
  • Mortgage Assistance
  • Interest-Free Installments
  • Resident & Non-Resident Financing

Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.

About the developer

Mashriq Elite Developments

2 projects listed

Mashriq Elite Developments is a Dubai-based real estate developer established in 2022 as part of Al Mashriq Group, a family-owned business with experience in telecommunications, construction and property investment. The group has operated across international markets, including Saudi Arabia, Singapore and Malaysia. Mashriq Elite focuses on developing residential properties in…

All projects by Mashriq Elite Developments

FAQ

Questions buyers ask

What is off-plan property in Dubai?

Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.

Can foreigners buy property in Dubai?

Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.

What is a payment plan and how does it work?

A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.

What is the UAE Golden Visa and how can real estate qualify?

The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.

How do I get a mortgage for a Dubai property?

Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.

What is the expected ROI from Dubai off-plan property?

Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.

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Compare before you decide

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Enquire

Ask about Floarea Lakes

Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 649,000, 65/35 plan, handover 2028.

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AED 649K

65/35 plan · 2028

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