Off-planapartmentCay Residences Development

Flora Bay

Dubai · Dubai Islands · Flora Bay

In Dubai Islands, Dubai, Flora Bay is an apartment development by Cay Residences Development. Prices start at AED 1,860,000. Homes are 1 to 3 bedroom apartments. The development is under construction, with handover scheduled for Q4 2027. Ownership is freehold.

Key facts

Handover
Q4 2027
Status
Under construction
Ownership
freehold
Property types
apartment
Availability
Available

How Flora Bay compares

Entry here is AED 1.9M, against a median of AED 2.1M across the 143 priced projects in Dubai Islands, which puts it above 42 of them and below 100. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2027, alongside 250 other projects completing in the same quarter.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Standard

20%

Down payment

30%

During construction

50%

On handover

Available units

TypeArea (sqft)LayoutsStarting price
1 bedroomOn request1AED 1,860,000
2 bedroomOn request1AED 2,383,000
3 bedroomOn request1AED 4,236,000

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

Location

Flora Bay sits in Dubai Islands.

Distance to landmarks (straight line)

  • Dubai International Airport (DXB)7.8 km
  • DIFC8.5 km
  • Palm Jumeirah25 km

Straight-line distance from the project's coordinates, not a drive time.

Master plan

The developer’s own site plan for Flora Bay, showing how the buildings, roads and open space sit together.

Master plan for Flora Bay by Cay Residences Development in Dubai Islands

What you pay, and when

Payments are staged 20% on booking, 30% during construction and 50% at handover. At the AED 1,860,000 entry price, that is AED 372,000 to reserve a unit, AED 558,000 across the build, and AED 930,000 due on completion.

On top of the price, the Dubai Land Department charges 4% to register the sale, about AED 74,000 at this entry price. The 20% booking payment sits in a RERA-supervised escrow account rather than with Cay Residences Development, held under Dubai's Law 8 of 2007 and drawn down against certified construction progress.

Ownership and residency

Flora Bay is sold freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 2 bedroom units here start at AED 2,383,000 and clear it on their own.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. 1 bedroom units start at AED 1,860,000 and 3 bedroom units at AED 4,236,000, so one building covers a first rental purchase and a family home.

What is on site

The shared facilities recorded for Flora Bay are the usual Dubai set: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area.

Frequently asked

What is the starting price at Flora Bay?+

Flora Bay starts at AED 1,860,000.

When does Flora Bay hand over?+

Flora Bay is scheduled to hand over in Q4 2027, alongside 250 other projects we track in the same quarter.

What is the payment plan at Flora Bay?+

The published plan at Flora Bay is 20% on booking, 30% during construction and 50% at handover, so AED 372,000 reserves a unit at the AED 1,860,000 entry price.

What sizes are available at Flora Bay?+

Flora Bay is apartments in 1 to 3 bedroom layouts.

Can a foreign buyer own a home at Flora Bay?+

Flora Bay is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 threshold for the 10 year UAE golden visa.

Which community is Flora Bay in?+

Flora Bay is in Dubai Islands, Dubai. We track 151 projects in Dubai Islands.

Who is building Flora Bay?+

Flora Bay is developed by Cay Residences Development, who have 1 project in our catalogue.

Before you commit

Ask about Flora Bay

Your advisor

Luxury Located Real Estate

Regulated as a brokerage by the Dubai Land Department and RERA

Replies the same day, seven days a week, with this project already attached.

+971 58 525 7777bh@luxurylocated.com

Payment plan, availability, floor plates, or a viewing of the show unit. It reaches an advisor with this project already attached, so the first reply answers the question rather than asking which one you meant.

Related off-plan projects

Others in Dubai Islands, then more from Cay Residences Development.

Flora Bay is an off-plan development by Cay Residences Development in Dubai Islands, priced from AED 1,860,000 with handover in Q4 2027. See more Cay Residences Development projects or all 151 off-plan projects in Dubai Islands. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.