Mashriq Elite Developments Off-Plan Projects
RERA: ActiveMashriq Elite Developments is a privately held Dubai developer founded in 2023 by Kamran Muhammad, who chairs the company alongside the wider Al Mashriq Group, and it is headquartered at Westburry Business Tower in Business Bay. Its portfolio is concentrated in Jumeirah Village Circle, Arjan, Al Furjan, Dubai Land Residence Complex and Dubai Islands, sold almost entirely under the "Floarea" brand — including Floarea Residence, Floarea Grande, Floarea Vista, Floarea Skies, Floarea Oasis and Floarea Breeze. The company reports a roughly AED 1.5 billion pipeline spanning around 1,525 residential units, with its first Floarea Residence tower handed over in 2025 and several further phases due in 2026, positioning it in Dubai's mid-market apartment tier aimed at investors and end-users. As a developer still in its third year, Mashriq Elite has only a small completed handover history, so its execution should be assessed against delivery of the Floarea pipeline currently under construction.
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Browse all Dubai launchesAbout Mashriq Elite Developments
Mashriq Elite Developments is a privately held Dubai developer founded in 2023 by Kamran Muhammad, who chairs the company alongside the wider Al Mashriq Group, and it is headquartered at Westburry Business Tower in Business Bay. Its portfolio is concentrated in Jumeirah Village Circle, Arjan, Al Furjan, Dubai Land Residence Complex and Dubai Islands, sold almost entirely under the "Floarea" brand — including Floarea Residence, Floarea Grande, Floarea Vista, Floarea Skies, Floarea Oasis and Floarea Breeze. The company reports a roughly AED 1.5 billion pipeline spanning around 1,525 residential units, with its first Floarea Residence tower handed over in 2025 and several further phases due in 2026, positioning it in Dubai's mid-market apartment tier aimed at investors and end-users. As a developer still in its third year, Mashriq Elite has only a small completed handover history, so its execution should be assessed against delivery of the Floarea pipeline currently under construction.
When buying off-plan from Mashriq Elite Developments, always confirm the RERA permit number, escrow bank, and handover schedule. RERA status is updated periodically — verify directly with the Dubai Land Department.
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