Flora Bay Residences

Dubai, United Arab Emirates

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Price from

≈ $527,161AED 1,936,000Rate as of 2026-08-30

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

0% vs the city median (Dubai), sample of 371 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago

Properties

Condominium

Area

69 - 232 m²

Bedrooms

1 - 3

Readiness

Under construction

Available

6 of 6

Dry season

Jul, Aug, Oct

Is this expensive for the city

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

Median $5,369
$2,548$57,363

0% vs the city median (Dubai), sample of 371 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

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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
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

Status

Under construction

Total units

6

Available

6

Area

69 - 232 m²

Description

Six units make up the entire Flora Bay Residences building, and all six remain available, so the full layout range is still open to buyers. The condo, developed by Octa Properties, sits in the Dubai region of the UAE and is currently under construction.

Unit sizes run from 69.46 to 232.2 square meters, covering one, two and three bedroom configurations within the single building. Prices start at AED 1,936,000 and go up to AED 4,575,000, with an average price per square meter of AED 27,872 across the project.

As a single-building development with only six units total, Flora Bay Residences is a small-scale condo project rather than a multi-tower complex. The property type is classified as a condo, and the completion stage is under construction, meaning units are being sold ahead of finished construction.

Octa Properties is the developer behind Flora Bay Residences in Dubai.

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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