Floarea Residence

Ready

DeveloperMASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C

CommunityArjan

AreaAl Barshaa South Third

Started

2 years 9 months ago24-03-2023

Handover

9 months ago01-04-2025

Status

CompleteFinished

Project Description

Residential-Apartment (1B+G+9F+R).The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+4%

Growth

Current:AED 1,576/sqft

Last 12M:AED 1,517/sqft

Momentum: Last 12Mvs Prior Year

Rising

+5%

Growth

Last 12M:AED 1,517/sqft

Prior Year:AED 1,450/sqft

Community Compare: Last 90DArjan

Discount

-14%

Below Avg

Project:AED 1,560/sqft

Community:AED 1,809/sqft

Liquidity: Last 12MExit Speed

Moderate

19%Turnover

40Sold (Last 12M)

Supply & Demand Matrix

Floarea Residence averaged 19% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

91 units

17 sold74 left

19%

Velocity

1 Bedroom

97 units

19 sold78 left

20%

Velocity

2 Bedrooms

18 units

4 sold14 left

22%

Velocity

Layouts & Units (206)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 8 units	Type Flat	Beds Studio	Size 439 sqft	Avg Price AED 720K	Last Price AED 740K	Last Sold 7 days ago	Sales 2

Units 9 units	Type Flat	Beds Studio	Size 420 sqft	Avg Price AED 697K	Last Price AED 750K	Last Sold 9 days ago	Sales 3

Units 48 units	Type Flat	Beds Studio	Size 410 sqft	Avg Price AED 689K	Last Price AED 690K	Last Sold 25 days ago	Sales 13

Units 16 units	Type Flat	Beds 1 B/R	Size 818 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold about 1 month ago	Sales 4

Units 311	Type Flat	Beds 1 B/R	Size 963 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 1 month ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 805 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 1 month ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 789 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 month ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 766 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 2 months ago	Sales 1

Units 8 units	Type Flat	Beds 2 B/R	Size 1,679 sqft	Avg Price AED 2.0M	Last Price AED 2.1M	Last Sold about 2 months ago	Sales 3

Units 6 units	Type Flat	Beds 1 B/R	Size 737 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 2 months ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 780 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 2 months ago	Sales 1

Units 9 units	Type Flat	Beds 1 B/R	Size 775 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 2 months ago	Sales 3

Units 119	Type Flat	Beds 2 B/R	Size 1,381 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 3 months ago	Sales 1

Units 8 units	Type Flat	Beds 1 B/R	Size 1,002 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold 3 months ago	Sales 3

Units 911	Type Flat	Beds 1 B/R	Size 893 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 4 months ago	Sales 1

Units 8 units	Type Flat	Beds 1 B/R	Size 830 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 4 months ago	Sales 1

Units 9 units	Type Flat	Beds Studio	Size 413 sqft	Avg Price AED 625K	Last Price AED 625K	Last Sold 4 months ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 732 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 5 months ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 903 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold 5 months ago	Sales 1

Units 201	Type Flat	Beds 1 B/R	Size 708 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Flat	Beds 1 B/R	Size 751 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Flat	Beds 1 B/R	Size 824 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 1 B/R	Size 862 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 1 B/R	Size 870 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 122	Type Flat	Beds 1 B/R	Size 910 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 949 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 120	Type Flat	Beds 1 B/R	Size 1,273 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Flat	Beds 2 B/R	Size 1,169 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 2 B/R	Size 1,722 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 408	Type Flat	Beds Studio	Size 397 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds Studio	Size 398 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 222	Type Flat	Beds Studio	Size 424 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds Studio	Size 446 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 121	Type Flat	Beds Studio	Size 484 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

34 unique layouts covering 206 units