Mashriq Elite Real Estate Developments has officially commenced construction on its fifth residential project, Floarea Skies, in Jumeirah Village Circle (JVC), a prime location in Dubai’s thriving property market. The 23-floor development, situated in District 10, will offer 192 premium yet affordable apartments, catering to the high demand in JVC, which has consistently led in sales transactions in 2024 and the first three quarters of 2025. The project is set for completion by Q4 2027. Floarea Skies will feature a mix of studio, one-bedroom, and two-bedroom apartments, with prices starting from Dh666,000 for a studio, Dh1,069,000 for a one-bedroom, and Dh1,499,000 for a two-bedroom unit. Strategically located at the entry/exit point of JVC, the development boasts proximity to key landmarks such as Dubai Media City, Dubai Marina, and Mall of Emirates, all within a 10-25 minute travel radius. The project also introduces a range of luxury amenities, including a Rooftop Infinity Pool, Zen Garden, Mini Golf, and a fully equipped Gymnasium, setting a new standard for community living. With Dubai’s property market witnessing a surge in demand driven by population growth and global investor interest, Mashriq Elite plans to add over 1,200 residential units across Dubai in the next two years, including projects in Discovery Gardens, Arjan, and Dubai Land Residential Complex.