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Mashriq Elite Developments · Dubai Production City · handover Q4 2028

Floarea Lakes payment plan

Floarea Lakes by Mashriq Elite Developments in Dubai Production City, Dubai is sold on a 20/30/15, 35% post-handover payment plan. On the cheapest unit, starting from AED 659K, that is AED 428K (65%) paid by handover in Q4 2028 and AED 231K (35%) after the keys over 35 months. Handover is 27 months away.

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The Floarea Lakes payment plan in dirhams

Payment plan as published by the developer

StageShare
On booking20%
During construction30%
Upon Handover15%
Within 35 months PH35%

On the cheapest unit (Studio–3 BR, AED 659K)

On bookingAED 131,800
During constructionAED 197,700
Upon HandoverAED 98,850
Within 35 months PHAED 230,650
Paid by handover (65%)AED 428,350
Months to handover27
After handover (35%, 35 months)AED 230,650

Percentages as published by Mashriq Elite Developments. Dirham figures are those percentages applied to the published starting price of AED 659,000. Registration and other fees are not included.

The Floarea Lakes instalment schedule, line by line

Mashriq Elite Developments publishes 4 payment plans for Floarea Lakes. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 4: 35 Months Post Handover Payment Plan

Published by Mashriq Elite Developments

StageInstalmentShareOn AED 659,000
On booking20%Admin feefeefixedAED 4,000
DLD feefee4%AED 26,360
During construction30%In September 20265%AED 32,950
In January 20275%AED 32,950
In May 20275%AED 32,950
In September 20275%AED 32,950
In January 20285%AED 32,950
In May 20285%AED 32,950
Upon Handoveras published15%AED 98,850
Within 35 months PH35%1st Instalment to 35th Instalment35 × 1%AED 6,590 each
Total of the plan100%AED 659,000

Lines marked fee (Admin fee, DLD fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Plan 2 of 4: Payment Plan 50/50

Published by Mashriq Elite Developments

StageInstalmentShareOn AED 659,000
On booking20%DLD feefee4%AED 26,360
Admin feefeefixedAED 4,000
During constructionas published30%AED 197,700
Upon Handoveras published50%AED 329,500
Total of the plan100%AED 659,000

Lines marked fee (DLD fee, Admin fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Plan 3 of 4: Payment Plan 4 (flexi, post handover 35 months)

Published by Mashriq Elite Developments

StageInstalmentShareOn AED 659,000
On booking20%DLD feefee4%AED 26,360
Admin feefeefixedAED 4,000
On booking20%AED 131,800
During Construction30%(1% per month) From May 2026 to October 202830%AED 197,700
On completionas published15%AED 98,850
Post handover35%1st Instalment to 35th Instalment35 × 1%AED 6,590 each
Total of the plan100%AED 659,000

Lines marked fee (DLD fee, Admin fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Plan 4 of 4: Payment paln

Published by Mashriq Elite Developments

StageInstalmentShareOn AED 659,000
On booking20%On booking20%AED 131,800
DLD feefee4%AED 26,360
Admin feefeefixedAED 4,000
During construction30%In September 20265%AED 32,950
In January 20275%AED 32,950
In May 20275%AED 32,950
In September 20275%AED 32,950
In January 20285%AED 32,950
In May 20285%AED 32,950
On completionas published50%AED 329,500
Total of the plan100%AED 659,000

Lines marked fee (DLD fee, Admin fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Mashriq Elite Developments; the dirham column applies each percentage to the published starting price of AED 659,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Floarea Lakes

The same plan, applied to the starting price Mashriq Elite Developments publishes for each size in the building.

UnitFromOn booking (20%)During construction (30%)Upon Handover (15%)Within 35 months PH (35%)
Studiofrom 382 sq ftAED 659,000AED 131,800AED 197,700AED 98,850AED 230,650
1 bedfrom 745 sq ftAED 1,095,000AED 219,000AED 328,500AED 164,250AED 383,250
2 bedfrom 1,060 sq ftAED 1,529,000AED 305,800AED 458,700AED 229,350AED 535,150
3 bedfrom 1,788 sq ftAED 2,099,000AED 419,800AED 629,700AED 314,850AED 734,650

Starting price per size as published by Mashriq Elite Developments; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Floarea Lakes

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Mashriq Elite Developments and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

UnitFromLand Department 4%
StudioAED 659,000AED 26,360
1 bedAED 1,095,000AED 43,800
2 bedAED 1,529,000AED 61,160
3 bedAED 2,099,000AED 83,960

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Floarea Lakes

Floarea Lakes payment plan: questions buyers ask

What is the payment plan for Floarea Lakes?
Floarea Lakes by Mashriq Elite Developments is sold on a 20/30/15, 35% post-handover plan: 20% on booking, 30% during construction, 15% upon handover, 35% within 35 months ph, as published by the developer.
How much is the booking amount for Floarea Lakes?
20% of the price. On the cheapest unit at AED 659K that is AED 131,800.
How much do I pay before I get the keys to Floarea Lakes?
65% of the price, the payment due on handover day included. On the cheapest unit at AED 659K that is AED 428K by handover in Q4 2028.
Does Floarea Lakes have a post-handover payment plan?
Yes. 35% (AED 231K on the cheapest unit) is paid after handover over 35 months.
What are the registration fees on Floarea Lakes?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 659K that is AED 26,360. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Floarea Lakes?
Mashriq Elite Developments publishes Q4 2028, which is 27 months from now.

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