Summary: According to gulfnews.com, Mashreq Elite, a reputable property developer in Dubai, has officially commenced construction of its fifth residential...
According to gulfnews.com, Mashreq Elite, a reputable property developer in Dubai, has officially commenced construction of its fifth residential project, Floria Skies, in the Jumeirah Village Circle (JVC). This project, featuring 192 luxurious and affordable apartments, is set to be located in a 23-story tower and aims to become one of the attractive destinations for investors and residents.
JVC, recognized as one of the most sought-after residential areas in Dubai, has witnessed significant growth in recent years. According to statistics, the demand for apartments in this area has remained consistently strong, with prices increasing by over 10 percent annually. Mashreq Elite's CEO, Kamran Mohammad, stated, "Floria Skies is a very exciting project for us as we establish our presence in this high-ranking residential community in Dubai."
The project will include 42 studios, 134 one-bedroom apartments, and 16 two-bedroom apartments, with a completion date set for the fourth quarter of 2027. With the opening of the Purple Metro Line near this project, demand for properties in the area is expected to rise.
Kamran Mohammad highlighted the growing interest from investors in JVC properties, saying, "The demand for residential apartments in JVC is significantly increasing, and this is reflected in the strong inquiries we have received from investors since the project announcement."
Floria Skies will provide new opportunities for living in Dubai with its excellent infrastructure and tranquil environment.
For more images and additional information, please refer to the news source.