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Mashriq Elite to Deliver 1,200+ Homes Across Dubai by 2028

Mashriq Elite plans to deliver over 1,200 residential units across Arjan, JVC, Dubai Islands and more, with major handovers starting in 2026.
From left to right: Kamran Muhammad, Chairman; Umair Saleem, Managing Director; Imran Majeed, Chief Financial Officer; and Aurangzeb Amin Pariyani, COO and Head of Development at Mashriq Elite. Image: Mashriq Elite.From left to right: Kamran Muhammad, Chairman; Umair Saleem, Managing Director; Imran Majeed, Chief Financial Officer; and Aurangzeb Amin Pariyani, COO and Head of Development at Mashriq Elite. Image: Mashriq Elite.

Dubai, UAE: Dubai’s residential development pipeline continues to expand as Mashriq Elite Real Estate Developments marks three years since its establishment with a major delivery outlook across several high-demand districts.

The developer announced plans to release more than 1,200 residential units over the next two years, with the handover of 380 apartments scheduled for the fourth quarter of this year alone across projects in Arjan and Discovery Gardens. The milestone positions Mashriq Elite firmly within Dubai’s active mid-market and emerging residential corridors.

Mashriq Elite currently holds a cumulative development portfolio valued at approximately $408 million (AED 1.5 billion), spanning 1,525 residential units. The company completed and handed over its first project, Floarea Residence in Arjan, in 2025, delivering 206 apartments. Two further developments are scheduled for completion and handover in 2026: Floarea Grande in Arjan, comprising 222 units, and Floarea Vista in Discovery Gardens, offering 158 residences.

Reflecting on recent progress, Kamran Muhammad, CEO of Mashriq Elite Developments, said:

We had a highly successful 2025 launching four prime property developments, including our debut in Dubai Islands with Floarea Breeze. Our priority has always been disciplined growth sticking to our timeline commitments. We are now entering a strong delivery cycle in the next two years taking our total footprints in some of Dubai’s most active residential districts to over 2 million sq. ft of built-up area.

Robust development pipeline across key districts

Mashriq Elite’s current portfolio includes eight projects in total, with five under active development, one completed, and two scheduled for launch in the first quarter of 2026. Projects under full-scale construction include Floarea Grande in Arjan, Floarea Vista in Discovery Gardens, Floarea Skies in Jumeirah Village Circle, Floarea Oasis in Dubai Land Residential Complex, and Floarea Breeze in Dubai Islands.

Floarea Skies in JVC, comprising 192 units, and Floarea Oasis in DLRC, offering 257 residences, are both expected to be handed over in the first quarter of 2028. Meanwhile, Floarea Breeze, the developer’s first project in Dubai Islands, includes 48 apartments and four townhouses and is scheduled for delivery in the third quarter of 2027.

Mashriq Elite has identified Meydan and Dubai Production City as its next areas of expansion.

We are on an accelerated growth phase and our next strategic expansion is into Meydan and Dubai Production City (IMPZ), two locations in Dubai that continue to attract investors due to infrastructure expansion, connectivity, and competitive price appreciation, Kamran Muhammad said, adding that both projects are expected to launch in the first quarter of 2026.

Sustained demand from global and regional investors

The developer noted that demand across its portfolio has remained broad-based, reflecting Dubai’s continued appeal to both end-users and investors.

Across all projects, we have seen a healthy and diversified demand from global, regional and local investors, both from end-users and investors, in line with Dubai’s reputation as a preferred global property destination and investment hub, Kamran Muhammad said.

Founded on experience across real estate and telecommunications markets in Saudi Arabia, Singapore, Indonesia and the UAE, Mashriq Elite continues to position itself as a developer focused on quality, delivery discipline and innovation as it scales its presence across Dubai’s residential landscape.