Flora Bay Residences

Dubai, United Arab Emirates

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Price from

≈ $527,161AED 1,936,000Rate as of 2026-10-13

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 19,703 / m²

cheaper than 50% of city projects

-1% vs the city median (Dubai), sample of 372 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago

Properties

Condominium

Area

69 - 232 m²

Bedrooms

1 - 3

Completion

Q4 2027

Readiness

Under construction

Dry season

Jul, Aug, Oct

Is this expensive for the city

$5,365per m²cheaper than 50% of city projects

Median $5,399
$2,302$52,237

-1% vs the city median (Dubai), sample of 372 projects

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

The cost of this project

A breakdown of this project for your budget and goals

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What it really costs

Payment plan

  1. Step 1

    On booking

    5%

    $26,358

  2. Step 2

    On contract

    15%

    $79,074

  3. Step 3

    Tax

    4%

    $21,086

  4. Step 4

    Before commissioning

    30%

    $158,148

  5. Step 5

    On transfer

    50%

    $263,581

Total$527,161

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$517$7,910

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$2,020

Annual income

$24,237

Gross yield

5.7%

Net yield

4.6%

Value in 5 years

$705,461

5-year ROI

57%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Oct

Wettest months: Jan, Dec, Mar

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan21.325
Feb21.311
Mar22.919
Apr25.611
May28.83
Jun31.37
Jul33.10
Aug33.71
Sep32.72
Oct30.81
Nov27.512
Dec23.820

Source: NASA POWER, climate normal (2001-2020). Grid node 25.3, 55.3. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Completion

Q4 2027

Status

Under construction

Area

69 - 232 m²

Description

Octa Properties is building Flora Bay Residences in Dubai, with completion set for December 2027. The project is currently under construction, offering apartments with one, two and three bedrooms.

Unit sizes range from 69.46 sqm to 232.2 sqm, covering layouts from compact one-bedroom apartments to larger three-bedroom homes. Prices start at AED 1,936,000 and go up to AED 4,575,000, with a price per square meter of AED 19,703.

The spread between the smallest and largest units, 69.46 sqm versus 232.2 sqm, points to a mix of layouts aimed at different household sizes, from single occupants to larger families. Flora Bay Residences sits in the Dubai region of the United Arab Emirates. Buyers can choose across the full bedroom and area range quoted above, with pricing tied directly to unit size.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Location

Dubai, United Arab Emirates

Market context

Apartment prices

20%

Villa prices

29%

Residential transactions

56,723transactions

+16% YoY

Average apartment rent

AED 107,000

+8.5% YoY

Price per sqm

AED 1,600

+8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

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