Floarea Vista

1. Is it on schedule?63% built in August 2026, 2 months past its registered June 2026 handover · DLD inspection, 10 Aug 202663%Context
2. Is my money protected?Payments go to an escrow account at بنك المشرق (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,557/sqft, 2.2% below the Discovery Gardens off-plan median across 9 projects-2.2%Context
4. Is it selling?7 off-plan sales registered in the last 12 months, of 158 units; the latest on 20 Aug 20267Context
5. Who is building it?Mashriq Elite, licence no. 1542Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Developer, as licensed

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C (no. 1542)

Master developer

Nakheel

Registered start

June 2024

Configuration

Residential Building (G+P+10 +Roof) + swimming pool with gym @ first floor.The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 10 Aug 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Floarea Vista be completed?

The developer registered handover for June 2026; that date has passed with no completion recorded, 2 months on, and the project was 63% built as of August 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 10 Aug 2026.

What does Floarea Vista cost per square foot?

AED 1,557 per sqft, the median of 7 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.02M. That is 2.2% below the Discovery Gardens off-plan median across 9 projects.

Is Floarea Vista in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Floarea Vista?

MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C, licence no. 1542, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of July 2026.

How many units does Floarea Vista have?

158 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.