Floarea Residence in Arjan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Floarea Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	76	16,387	1,250,000

Sales prices for completed properties in Floarea Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	38	18,768	716,250
1	77	16,463	1,263,571
2	156	13,459	2,100,000

Rents in Floarea Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	38	1,516	57,600
1	75	1,249	93,667

The cap rate (rental yield) of investments into Floarea Residence project is 8.1% on average.

The price of an apartment in Floarea Residence is 16,356 AED/sqm on average.

The long term rent of an apartment in Floarea Residence is 1,328 AED/sqm/year on average.

Price for off-plan 1 bedroom apartment in Floarea Residence is 1,250,000 AED or 16,387 AED/sqm.

Price for completed Studio apartment in Floarea Residence is 716,250 AED or 18,768 AED/sqm.
Price for completed 1 bedroom apartment in Floarea Residence is 1,263,571 AED or 16,463 AED/sqm.
Price for completed 2 bedroom apartment in Floarea Residence is 2,100,000 AED or 13,459 AED/sqm.

Rent for Studio apartment in Floarea Residence is 57,600 AED or 1,516 AED/sqm.
Rent for 1 bedroom apartment in Floarea Residence is 93,667 AED or 1,249 AED/sqm.

About Floarea Residence

'Floarea Residence' in 'Arjan' area project description

The Floarea Residence project in the Arjan area of Dubai is designed to exemplify modern urban living while seamlessly blending luxury, comfort, and convenience. A marvel of contemporary architecture, the residence stands as a testament to innovative design and high-quality construction, embodying the essence of what it means to live in one of the world’s most dynamic cities.

Strategically situated in Arjan, one of Dubai’s fastest-growing residential and commercial neighborhoods, Floarea Residence offers its residents unparalleled access to key landmarks and infrastructures. The location is a short drive from the iconic Dubai Miracle Garden, a favorite tourist attraction featuring millions of blooming flowers arranged in stunning designs. Its proximity to major highways such as Sheikh Mohammed Bin Zayed Road ensures easy connectivity to various parts of the city, including Downtown Dubai, Dubai Marina, and the Dubai International Airport, making daily commutes and travel hassle-free.

Floarea Residence comprises a collection of meticulously designed units ranging from studios to three-bedroom apartments, each tailored to meet the needs of diverse families and individuals. The interiors are a blend of elegance and functionality, featuring high-quality finishes, spacious living areas, and large windows to allow ample natural light. Every unit is equipped with state-of-the-art appliances and smart home technologies, ensuring a seamless and comfortable living experience.

The amenities within the Floarea Residence project are crafted to elevate the lifestyle of its residents. A well-equipped fitness center, temperature-controlled swimming pool, and dedicated children's play areas are just a few of the features that cater to an active and healthy lifestyle. Residents can also enjoy beautifully landscaped gardens, communal lounges, and barbeque areas that provide perfect settings for relaxation and social gatherings. Concierge services, 24/7 security, and ample parking spaces add to the convenience and peace of mind for all residents.

Retail and dining options are conveniently located within and around the area, offering a variety of shops, cafes, and restaurants that cater to diverse tastes and preferences. The development also benefits from its proximity to reputable educational institutions and healthcare facilities, making it an ideal choice for families.

In summary, Floarea Residence in Arjan stands as a premier residential destination, offering a harmonious blend of luxurious living spaces, modern amenities, and strategic location, all designed to cater to the dynamic lifestyles of Dubai’s residents.

Q&A on Floarea Residence

What are the advantages of 'Floarea Residence' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Prime Location: Situated in Arjan, a rapidly developing area of Dubai, offering proximity to key destinations like Downtown Dubai, Dubai Marina, and the Mall of the Emirates.
2. Investment Potential: The Arjan area is witnessing significant growth, making properties in Floarea Residence potentially lucrative for future resale or rental income.
3. Amenities: High-end amenities such as swimming pools, fitness centers, landscaped gardens, and dedicated children's play areas, enhancing the lifestyle appeal.
4. Modern Design: Contemporary architectural design and high-quality interiors that cater to the tastes of discerning buyers.
5. Green Spaces: Close to Miracle Garden and Butterfly Garden, providing residents with access to expansive green spaces and outdoor activities.
6. Infrastructure: Well-developed infrastructure with easy access to major highways like Sheikh Zayed Road and Al Khail Road for convenient commuting.
7. Educational Institutions: Proximity to reputed schools and nurseries, making it ideal for families with children.

Disadvantages:
1. Construction Activity: The ongoing development in Arjan might lead to noise and dust, which could be inconvenient for residents.
2. Traffic: As the area grows, traffic congestion could become an issue during peak hours, impacting commute times.
3. Market Saturation: The rapid development in the area could lead to an oversupply of properties, potentially affecting future appreciation and rental yields.
4. Limited Retail Options: Compared to more established neighborhoods, Arjan may currently have fewer retail and dining options.
5. Public Transport: Limited public transport options available within walking distance, necessitating the use of private vehicles for commuting.
6. Community Development: As a newer residential area, the community may not yet have the same established feel or reputation as older, more mature neighborhoods.

What projects are better than 'Floarea Residence' project in Dubai which are located close by, and why?

1. Samana Hills: Offers more comprehensive amenities, including a gym, swimming pool, and landscaped gardens. Designed to be eco-friendly with energy-efficient systems.
2. Vincitore Palacio: Features luxurious fittings, high-quality materials, and extensive recreational facilities such as a temperature-controlled swimming pool and a fully-equipped fitness center.
3. Genesis by Meraki: Known for its meticulous design and craftsmanship, including premium kitchen fittings and smart home technologies. Offers a variety of retail spaces and dining options within the complex.
4. DANUBE Resortz: Provides a resort-style living experience with numerous sports facilities, entertainment zones, and green spaces. Flexible payment plans add to its attractiveness.
5. Green Diamond One: Focuses on sustainable living with solar energy systems, energy-efficient appliances, and water conservation techniques. Family-friendly with dedicated play areas and community activities.
6. Vincitore Benessere: Inspired by Roman architecture, offering a unique aesthetic appeal along with wellness facilities such as a yoga room, spa, and health club. Additionally features a unique air purification system.

What are the closest schools to 'Floarea Residence' project in Dubai?

- Nord Anglia International School Dubai
Located in Al Barsha South, approximately 10 minutes away by car.

- GEMS Founders School—Al Barsha
Situated in Al Barsha 3, about a 12-minute drive from Arjan.

- Nord Anglia International School Dubai
Situated in Al Barsha South, it's around a 10-minute drive from the Arjan area.

- Dubai Heights Academy
Located in Al Barsha South, around a 10-minute drive.

- American School of Dubai
Located in Al Barsha, approximately 15 minutes away by car from Arjan.

- JSS International School
Situated in Jumeirah Village Circle (JVC), about a 12-minute drive.

- Foremarke School Dubai
Positioned in Dubai Science Park, around an 8-minute drive from Arjan.

What are the closest medical clinics to 'Floarea Residence' project in Dubai?

1. Mediclinic Parkview Hospital - Located on Umm Suqeim Street, Al Barsha South, approximately 10 minutes by car from Arjan.
2. Emirates Hospital Day Surgery & Medical Center, Motor City - Located in Detroit House, Motor City, around 8-10 minutes drive from Arjan.
3. Saudi German Hospital - Located on Hessa Street in Al Barsha, roughly 12 minutes by car from Arjan.
4. Aster Clinic, Arabian Ranches - Located in the Retail Centre of Arabian Ranches 2, about 15 minutes drive from Arjan.
5. Neuro Spinal Hospital - Located in Al Safa 2, Sheikh Zayed Road, around 20 minutes drive from Arjan.