Dubai, UAE — Mashriq Elite Real Estate Developments has broken ground on Floarea Breeze, its debut residential project on Dubai Islands, adding a mid-luxury waterfront scheme to one of Dubai’s fastest-growing coastal investment hubs. The G+P+6+R project will deliver 48 apartments and four townhouses, with completion targeted in the third quarter of 2027, the developer said.
Floarea Breeze will offer one-, two- and three-bedroom units, with prices starting from AED 1,799,000 for a one-bedroom apartment, positioning the scheme in Dubai’s increasingly competitive mid-to-upper waterfront bracket.
According to Dubai Land Department data cited by the company, Dubai Islands recorded about AED 6.1 billion in property sales from nearly 2,000 transactions in the first half of 2025, underscoring the area’s momentum as a new waterfront district.
Details Of Floarea Breeze Residences
Floarea Breeze sits on a 26,975 sq ft plot and will comprise 12 one-bedroom, 24 two-bedroom and 12 three-bedroom units, alongside four townhouses, according to the developer.
Also read: Mashriq Elite Breaks Ground on Floarea Skies in JVC
Townhouses are offered in four layouts ranging from 1,847 to 1,895 sq ft, while one-bedroom apartments span 878 to 1,049 sq ft, two-bedroom units with study and maid’s room range from 1,316 to 1,711 sq ft, and three-bedrooms from 1,474 to 1,697 sq ft.
The scheme will feature a grand lobby, designer corridors, floor-to-ceiling Italian tiles, premium wood finishes and integrated smart home systems aimed at professionals and families seeking contemporary coastal living.
Chairman Kamran Muhammad said, “The groundbreaking of Floarea Breeze is a milestone for us, reinforcing Mashriq Elite’s commitment to bringing signature lifestyle experiences across Dubai’s emerging and most sought-after destinations.”
Dubai Islands: Emerging Waterfront Investment Hub
Dubai Islands, a five-island master development by Nakheel spanning around 17 sq km, is designed as a mixed-use waterfront destination with more than 20 km of planned beachfront and over 80 hotels, aligning with the Dubai 2040 Urban Master Plan.
Also read: Is Dubai Islands Waterfront Masterplan SIORA the Next Hotspot for Off-Plan Buyers?
Recent market data indicates the cluster has emerged as a key contributor to Dubai’s record real estate volumes, with AED 6.1 billion in sales and 1,936 transactions in H1 2025 as investors diversify beyond mature locations such as Palm Jumeirah.
Market consultants note that coastal communities including Dubai Islands have seen annual price growth in the 12–15% range, while average residential prices there remain below some prime beachfront peers, suggesting room for further upside.
The project’s positioning as an accessible yet resort-style island community also reflects Dubai’s broader push to expand tourism, hospitality and residential offerings near established districts and Dubai International Airport.
Strong Off-Plan Demand And Developer Pipeline
Dubai’s residential market remains dominated by off-plan sales, which accounted for about 69% of all deals in Q1 2025, according to Knight Frank, with recent quarters showing off-plan activity reaching record transaction levels.
Analysts attribute the strength to flexible payment plans, population growth and investor appetite for new stock, particularly in emerging waterfront and master-planned communities.
Mashriq Elite said Floarea Breeze is its sixth residential project in Dubai, following recent groundbreakings at Floarea Skies in Jumeirah Village Circle with 192 units and Floarea Oasis in Dubai Land Residential Complex with 257 apartments, and the earlier handover of Floarea Residence in Arjan comprising 206 units.
The developer said it has a pipeline of more than 1,200 residential apartments at various stages across locations including Discovery Gardens, Arjan, Meydan District 11 and Dubai Production City, and highlighted its wider real estate and telecoms experience in markets such as Saudi Arabia, Singapore, Turkey, Indonesia and the UAE.
Connectivity, Lifestyle Appeal And Indian Investor Angle
Floarea Breeze is located within about five minutes of Dubai Islands Mall, the beach, marina and park, and benefits from new and existing bridges that link the islands to Deira and wider Dubai, enhancing access to Downtown Dubai, Burj Khalifa, Dubai Frame and Museum of the Future.
Kamran Muhammad said, “The unique advantage of Dubai Islands is its location – an island community destination not far away from city life – combining serene living a short commute away from key urban centres. Dubai Island is also a strategic master development fitting in with the Dubai 2040 Urban Master Plan as the city-state’s population anticipated to be over 7 million by 2040.”
For Indian buyers, who have consistently ranked among the top foreign investor groups in Dubai property, mid-luxury waterfront schemes in emerging districts can offer a balance of capital appreciation and rental yield, with Dubai Islands’ average prices still typically below long-established beachfront areas while benefiting from off-plan entry points.
The combination of freehold ownership, proximity to Old Dubai and the airport, and the prospect of future hospitality, retail and leisure infrastructure adds potential appeal for investors from India looking at portfolio diversification or second homes in Dubai.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.
