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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- Fact sheetPDF
- Floor plansPDF
The Floarea Lakes payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 20% |
| During construction | 30% |
| Upon Handover | 15% |
| Within 35 months PH | 35% |
On the cheapest unit (Studio–3 BR, AED 659K)
| On booking | AED 131,800 |
| During construction | AED 197,700 |
| Upon Handover | AED 98,850 |
| Within 35 months PH | AED 230,650 |
| Paid by handover (65%) | AED 428,350 |
| Months to handover | 27 |
| 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
| Stage | Instalment | Share | On AED 659,000 |
|---|---|---|---|
| On booking20% | Admin feefee | fixed | AED 4,000 |
| DLD feefee | 4% | AED 26,360 | |
| During construction30% | In September 2026 | 5% | AED 32,950 |
| In January 2027 | 5% | AED 32,950 | |
| In May 2027 | 5% | AED 32,950 | |
| In September 2027 | 5% | AED 32,950 | |
| In January 2028 | 5% | AED 32,950 | |
| In May 2028 | 5% | AED 32,950 | |
| Upon Handover | as published | 15% | AED 98,850 |
| Within 35 months PH35% | 1st Instalment to 35th Instalment | 35 × 1% | AED 6,590 each |
| Total of the plan | 100% | 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
| Stage | Instalment | Share | On AED 659,000 |
|---|---|---|---|
| On booking20% | DLD feefee | 4% | AED 26,360 |
| Admin feefee | fixed | AED 4,000 | |
| During construction | as published | 30% | AED 197,700 |
| Upon Handover | as published | 50% | AED 329,500 |
| Total of the plan | 100% | 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
| Stage | Instalment | Share | On AED 659,000 |
|---|---|---|---|
| On booking20% | DLD feefee | 4% | AED 26,360 |
| Admin feefee | fixed | AED 4,000 | |
| On booking | 20% | AED 131,800 | |
| During Construction30% | (1% per month) From May 2026 to October 2028 | 30% | AED 197,700 |
| On completion | as published | 15% | AED 98,850 |
| Post handover35% | 1st Instalment to 35th Instalment | 35 × 1% | AED 6,590 each |
| Total of the plan | 100% | 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
| Stage | Instalment | Share | On AED 659,000 |
|---|---|---|---|
| On booking20% | On booking | 20% | AED 131,800 |
| DLD feefee | 4% | AED 26,360 | |
| Admin feefee | fixed | AED 4,000 | |
| During construction30% | In September 2026 | 5% | AED 32,950 |
| In January 2027 | 5% | AED 32,950 | |
| In May 2027 | 5% | AED 32,950 | |
| In September 2027 | 5% | AED 32,950 | |
| In January 2028 | 5% | AED 32,950 | |
| In May 2028 | 5% | AED 32,950 | |
| On completion | as published | 50% | AED 329,500 |
| Total of the plan | 100% | 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.
| Unit | From | On booking (20%) | During construction (30%) | Upon Handover (15%) | Within 35 months PH (35%) |
|---|---|---|---|---|---|
| Studiofrom 382 sq ft | AED 659,000 | AED 131,800 | AED 197,700 | AED 98,850 | AED 230,650 |
| 1 bedfrom 745 sq ft | AED 1,095,000 | AED 219,000 | AED 328,500 | AED 164,250 | AED 383,250 |
| 2 bedfrom 1,060 sq ft | AED 1,529,000 | AED 305,800 | AED 458,700 | AED 229,350 | AED 535,150 |
| 3 bedfrom 1,788 sq ft | AED 2,099,000 | AED 419,800 | AED 629,700 | AED 314,850 | AED 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.
| Unit | From | Land Department 4% |
|---|---|---|
| Studio | AED 659,000 | AED 26,360 |
| 1 bed | AED 1,095,000 | AED 43,800 |
| 2 bed | AED 1,529,000 | AED 61,160 |
| 3 bed | AED 2,099,000 | AED 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: prices, units and handover
- Floarea Lakes floor plans and unit sizes
- Off-plan projects we list in Dubai Production City
- Mashriq Elite Developments projects we list
- Projects we list handing over in 2028
- Post-handover payment plans in Dubai Production City
- Post-handover payment plans across Dubai
- Every off-plan project we list
- Ask us for the Floarea Lakes brochure
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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starting from
AED 659K
handover Q4 2028



