Flora Bay I at Dubai Islands: Luxury Boutique Waterfront Living by Octa Properties

Flora Bay I is an exclusive, low-rise boutique residential development located on Island A of the master-planned Dubai Islands. Developed by Octa Properties, the project is designed for discerning homeowners and international investors seeking refined coastal serenity coupled with close proximity to central Dubai. Featuring a limited collection of fully furnished residences, Flora Bay I combines architectural elegance, high-end finishes, and ultimate privacy.

Detailed Project Specifications & Pricing

FeatureDetail

DeveloperOcta Properties

LocationIsland A, Dubai Islands, UAE

Property TypeFully Furnished Apartments (1, 2, 3, and 4 Bedrooms)

Starting PriceFrom AED 1,900,000 (approx. USD 517,000)

Unit Sizes735 SQ. FT. up to 3,145 SQ. FT.

Handover DateQ4 2027

Payment Structure50/50 Investor-Friendly Plan

Payment Plan Breakdown

The project features a structured, phased payment framework designed to maximize capital efficiency during the construction lifecycle:

5% Down Payment: Paid immediately upon booking.

45% During Construction: Distributed across manageable construction-linked milestones (including installments at 1, 6, 12 months, and structural completion intervals).

50% On Handover: Final balance due upon completion and project handover in Q4 2027.

Frequently Asked Questions (Q&A)

Q1: Where is Flora Bay I located?

A: Flora Bay I is situated on Island A within the premier Dubai Islands master community, offering swift connections to Dubai Islands Mall, pristine public beaches, and downtown Dubai landmarks.

Q2: Who is the developer of Flora Bay I?

A: The project is masterminded and developed by Octa Properties, known for delivering high-quality residential and hospitality-driven living concepts across the UAE.

Q3: What types of units are available in the building?

A: The development offers meticulously crafted 1, 2, 3, and 4-bedroom luxury apartments, all delivered fully furnished with premium contemporary finishes and expansive balconies.

Q4: What is the starting price for properties at Flora Bay I?

A: Prices start competitively from AED 1,900,000 (approximately USD 517,000), varying based on square footage, floor level, and panoramic sea views.

Q5: What is the official payment plan?

A: Buyers benefit from a straightforward 50/50 payment plan, requiring a 5% down payment, 45% spread across construction milestones, and the final 50% due upon project completion.

Q6: When is the scheduled handover date?

A: The official property handover is scheduled for Q4 2027.