Dubai-based real estate developer Mashriq Elite Real Estate Developments has unveiled an ambitious delivery timeline for over 1,200 residential units across multiple projects in Dubai over the coming two years. The company, celebrating its third anniversary, confirmed that 380 apartments are slated for completion in the fourth quarter of 2026, located primarily in the Arjan and Discovery Gardens districts.
With a cumulative project portfolio valued at AED 1.5 billion encompassing 1,525 units, Mashriq Elite successfully handed over its inaugural development, Floarea Residence in Arjan, comprising 206 units, last year. The developer’s current pipeline includes Floarea Grande in Arjan (222 units) and Floarea Vista in Discovery Gardens (158 units), both scheduled for completion in 2026.
CEO Kamran Muhammad emphasized the company’s disciplined growth strategy, stating: ‘2025 marked a significant year with the launch of four prime property developments, including our debut project in Dubai Islands. We are now entering a robust delivery phase that will expand our footprint to over two million square feet across Dubai’s most active residential areas.’
The company’s portfolio currently consists of eight projects: five under active development, one completed, and two new developments set to launch in Q1 2026. Ongoing construction includes Floarea Skies in Jumeirah Village Circle (192 units), Floarea Oasis in Dubai Land Residential Complex (257 residences), and Floarea Breeze in Dubai Islands (48 apartments and 4 townhouses), with delivery timelines extending through 2027-2028.
Muhammad revealed strategic expansion plans into Meydan and Dubai Production City (IMPZ), citing infrastructure development and competitive pricing as key attractions for investors. Both new projects are scheduled for launch in early 2026.
The CEO noted sustained demand from global, regional, and local buyers, including both end-users and investors, reinforcing Dubai’s position as a premier real estate investment destination. Mashriq Elite leverages its leadership’s cross-sector experience in real estate and telecommunications across Saudi Arabia, Singapore, Indonesia, and the UAE to maintain its focus on quality and innovation in property development.