The Floareá Residence is expected to be finished by the first quarter of 2025 after work on it began a few months ago.
In response to the high demand for off-plan apartments, the Dubai-based developer Mashriq Elite Developments has introduced a new project called Floareá Residence that would have a waterfall among its facilities.
The waterfall will be 30 meters wide and five meters high.
The real estate market in Dubai is booming, according to Kamran Muhammad, CEO of Mashriq Elite, therefore now is the ideal moment to invest. In the first three quarters of this year, the emirate’s off-plan market already recorded sales valued at Dh126 billion in 2023, demonstrating the continued high demand for new projects.
The real estate industry in Dubai appears to have a promising future, with several key areas such as Dubai Hills, Al Furjan, Arjan, and Studio City gaining attention for their affordable costs and abundant amenities. According to recent reports, property prices in these areas have surged by an impressive average of 20% over the previous quarter. For more information on freehold properties in Dubai, you can explore this resource: Freehold Property in Dubai.
The Arjan neighborhood’s Floareá Residence has 206 residential units, including studio, one-, and two-bedroom flats. From Dh515,000 to Dh1.375 million, the prices range.
The magnificent waterfall that cascades from an infinity pool on the first level to the bottom floor is the major highlight. An landmark building in the Arjan Community, along with a cutting-edge clubhouse, yoga studio, BBQ courtyard, gym, children’s indoor and outdoor play area, steam and sauna facilities, and other amenities, is the soon-to-be big waterfall. The facility is surrounded by exquisite landscaping, and the neighborhood includes the Dubai Miracle Garden and Dubai Butterfly Garden, according to Muhammad.
The Floareá Residence is expected to be finished by the first quarter of 2025 after work on it began a few months ago.
