Floarea Lakes — image 1
Off-plan project

Floarea Lakes

by Mashriq Elite Developments

Dubai Production City (IMPZ)

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Starting price
AED 649,000
Handover
December 2028
Payment Plan
50/50
Developer
Mashriq Elite Developments
Status
Off-plan
About the project

Floarea Lakes

Nestled in the heart of Dubai Production City (IMPZ), Floarea Lakes by Mashriq Elite Developments represents the pinnacle of contemporary residential living. This exceptional development redefines modern luxury through its thoughtfully curated collection of studios, 1.5, 2.5, and exclusive 3.5-bedroom apartments. With a starting price of AED 640,000, Floarea Lakes offers an unparalleled opportunity to own a piece of Dubai's evolving skyline while enjoying resort-style amenities and world-class finishes.

Each residence within Floarea Lakes has been meticulously designed to maximize space, natural light, and comfort, creating homes that seamlessly blend elegance with functionality. The development's commitment to excellence is evident in every detail, from the premium materials used throughout to the innovative layouts that cater to diverse lifestyle needs.

Prime Location Analysis: Dubai Production City (IMPZ) Advantages

Dubai Production City, formerly known as International Media Production Zone (IMPZ), stands as one of Dubai's most dynamic and rapidly developing communities. This strategic location offers residents of Floarea Lakes numerous advantages

Connectivity and Accessibility: • Direct access to major highways including Sheikh Zayed Road and Al Khail Road • Proximity to Dubai Marina, JBR, and Palm Jumeirah (15-20 minutes) • Easy connectivity to Downtown Dubai and Dubai International Airport • Well-established public transportation links

Community Infrastructure: • Established retail outlets, dining venues, and entertainment facilities • Proximity to quality educational institutions and healthcare facilities • Growing business hub with numerous corporate offices • Family-friendly environment with parks and recreational spaces

Investment Potential: • Rapidly appreciating property values in the area • Strong rental yields due to high demand from professionals • Ongoing infrastructure developments enhancing long-term value • Government initiatives supporting the creative and media industries

Unique Architectural Features and Design Elements

Floarea Lakes showcases contemporary architectural excellence through its distinctive design philosophy that emphasizes both aesthetic appeal and functional living. The development features

Exterior Design: • Modern façade with clean lines and premium materials • Strategically positioned windows maximizing natural light and views • Landscaped surroundings creating a serene lakeside atmosphere • Sustainable design elements promoting energy efficiency

Interior Excellence: • Open-plan layouts optimizing space utilization • Floor-to-ceiling windows in select units • High-quality flooring throughout all residences • Premium bathroom fixtures and fittings • Fully fitted kitchens with top-tier appliances and cabinetry • Smart home integration capabilities • Spacious balconies and terraces offering outdoor living spaces

Detailed Amenities and Facilities Overview

Floarea Lakes elevates the residential experience with nearly 20 world-class amenities designed to create a vibrant, resort-style environment

Recreation and Wellness: • State-of-the-art fitness center with modern equipment • Swimming pool with dedicated children's area • Landscaped gardens and walking trails • Outdoor recreational areas and playgrounds • Spa and wellness facilities • Yoga and meditation spaces

Community Features: • Multi-purpose community hall for events and gatherings • Business center and co-working spaces • Children's play areas with safety features • BBQ and outdoor dining areas • 24/7 security and concierge services • Covered parking spaces • High-speed internet connectivity throughout the development

Convenience Services: • On-site retail outlets and cafés • Maintenance and housekeeping services • Package delivery and storage facilities • Guest parking and visitor management system

Lifestyle and Community Aspects

Floarea Lakes fosters a sense of community while providing residents with the privacy a

Floor plans

Floor plans & unit types

TypeBedsSize
ApartmentStudio—
Apartment1—
Apartment2—
Apartment3—
Amenities

Amenities & Features

  • Shared Pool
  • Balcony
  • Security
  • Gym

Location

Exceptional connectivity in Dubai Production City (IMPZ)

Entry-level pricing with steady demand from the free-zone workforce; the lake-facing phases are the most sought after.

  • 10 min—Dubai Marina
  • 15 min—Expo City Dubai
  • 15 min—Dubai Hills Mall
  • 20 min—Al Maktoum International Airport (DWC)
  • 25 min—Downtown Dubai

Approximate drive times, estimated from the project’s location.

Payment plan

Payment plan

Spread the cost across the build — pay in stages up to handover.

50/50

paid during construction / on and after handover

  1. 20%

    Down Payment

  2. 30%

    During Construction

  3. 50%

    On Handover

Expected completion: December 2028

Begin your property journey with us

Speak to an off-plan specialist about this project — no obligation.

  • Unit availability and launch pricing
  • Payment plan and handover guidance
  • Golden Visa eligibility advice

Book a viewing

Golden Visa Checker

10-year residency eligibility

✦

Add AED 1,351,000 to reach the AED 2,000,000 threshold.

AED 2,000,000 is the widely-cited threshold — confirm current ICP/DLD rules before relying on this.

Rental Yield Calculator

Gross & net return on investment

Gross yield

15.4%

Net yield

11.4%

Net of service charge (AED 12,000/yr), ~6% void & 5% management; net yield on price + 4% DLD transfer. Net operating income AED 77,000/yr.

Starting price

AED 649,000

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