Floarea Skies, Jumeirah Village Circle: Apartments From AED 666K With 35% Post-Handover
Floarea Skies is a residential apartment project by Mashriq Elite Developments, located in District 10 of Jumeirah Village Circle (JVC), Dubai. Construction began in August 2025, with handover expected by December 2028. The project spans studios through two-bedroom-plus-study apartments, with prices ranging from AED 666,000 to AED 1,500,000.
What JVC District 10 Actually Means for a Buyer
JVC sits in the geographic heart of Dubai, bounded by Sheikh Mohammed Bin Zayed Road and Al Khail Road. From District 10, you are roughly 15 to 20 minutes from Dubai Marina, around 20 minutes from Downtown Dubai, and under 30 minutes from Dubai International Airport. The area has matured considerably over the past decade. Retail, schools, and medical clinics are within the community. It attracts both end-users who want mid-market living without the congestion of central Dubai, and investors who target the tenant pool of young professionals and small families priced out of Marina or JBR.
What AED 666K to AED 1.5M Covers
The price spread here reflects the unit range more than any single anomaly. At the low end, AED 666,000 gets you a studio of 398 sq ft. One-bedroom-plus-study units start at AED 1,050,000, spanning 717 to 836 sq ft depending on layout. Two-bedroom-plus-study units sit at AED 1,500,000, ranging from 1,105 to 1,170 sq ft.
That spread makes sense. The studio buyer is likely an investor seeking a compact entry point. The one-bedroom buyer could be an end-user couple or a landlord targeting single tenants. The two-bedroom is aimed at small families or buyers who want a home office without going up to a larger format.
Facilities on Offer
| Category | Amenities |
|---|---|
| Fitness | Gymnasium, Yoga Room |
| Leisure | Indoor Swimming Pool, Golf Course |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Dining | Restaurants |
Seven amenities across four categories is a solid package for a mid-market project. The inclusion of a golf course is uncommon at this price point in JVC and suggests the developer is targeting buyers who want more than standard gym-and-pool offerings. The yoga room and indoor pool together signal a wellness-oriented resident profile. The children's play area makes the project practical for families.
Three and a Half Years to Handover
Booking opened in August 2025, with construction starting immediately after. Completion is targeted for December 2028, giving an off-plan buyer roughly three and a half years of lead time. For an investor, that window means capital is tied up for a meaningful period before any rental income begins. For an end-user, it means planning around a Q4 2028 move-in.
Getting In for 20%
| Stage | Payment |
|---|---|
| Down payment | 20% |
| During construction | 25% |
| On handover | 20% |
| Post-handover | 35% |
The 20% down payment is at the standard level for Dubai off-plan. What stands out is the 35% post-handover portion. That is a significant deferred obligation. For an investor planning to rent out the unit from handover, the post-handover payments will run alongside rental income, which softens the cash flow impact. For an end-user carrying those payments without rental income, the deferred balance runs over a period that requires clear budgeting. The 25% during construction spread across roughly three years is manageable on a milestone basis.