Flora Bay is an off-plan project by Cay Residences in Dubai Islands (Palm Deira), Dubai. Handover is expected in Q4 2027 and construction is 4% complete.
Flora Bay is an off-plan residential project in Palm Deira, Dubai, built by Cay Residences Real Estate Development L.L.C. It has 84 units and is registered with the Dubai Land Department (DLD) under project number 3848. Construction started in October 2025 and the DLD register gives an expected completion of Q4 2027.
Flora Bay at a glance
| Detail | Information |
|---|---|
| Project | Flora Bay |
| Developer | Cay Residences Real Estate Development L.L.C |
| Area | Palm Deira |
| Number of units | 84 |
| Construction start | October 2025 |
| Construction progress (DLD) | 4% |
| Expected completion (DLD) | Q4 2027 |
| DLD project number | 3848 |
| Prices and payment plan | Not in the register data. Ask Dani for the current list. |
The register does not tell us the unit types, sizes, amenities or prices. We do not guess these. Ask Dani for the latest price list, floor plans and payment plan.
Location: Palm Deira
Palm Deira is a large waterfront development off the Deira coast in north-east Dubai. It is a long-term master plan on reclaimed land, and it is still in its early stages compared with established areas such as Dubai Marina or Palm Jumeirah. Buyers who choose Palm Deira are usually looking at a newer part of the city with room to develop over time.
This kind of location can suit buyers who are comfortable with a long horizon and who accept that surrounding infrastructure, roads and services will arrive in phases. It may suit less well anyone who needs a finished neighbourhood on day one. Before you buy, ask how the project connects to the mainland and what is planned around it.
You can see other launches in the area on our Palm Deira off-plan projects page.
Construction progress and handover
The DLD register shows 4% progress, with construction starting in October 2025. That means Flora Bay is at a very early stage. It is not ready, and no completion should be assumed until the developer hands the units over.
The expected completion date of Q4 2027 comes from the DLD register. Dates in off-plan projects can move, so it is sensible to check these points before you commit:
- The current construction progress against the schedule.
- The handover date written in the sales and purchase agreement (SPA).
- What the contract says about delays and remedies.
- The service charge estimate once the building is running.
About the developer
The developer is Cay Residences Real Estate Development L.L.C. We have no further verified information to add here, so please check the developer's other projects and track record before buying. You can view all Cay Residences off-plan projects on our site. Dani can also share what he knows about the company.
How to buy off-plan in Flora Bay
- Get the price list and payment plan. Contact Dani for current availability, floor plans and payment terms.
- Reserve a unit. You pay a booking deposit and sign a reservation form.
- Sign the SPA. Read the handover date, payment schedule and delay terms carefully.
- Register with DLD. Off-plan sales are registered on the Oqood system. The DLD registration fee is 4% of the purchase price, plus administrative fees.
- Pay by instalments into escrow. Under Dubai law, buyer payments for registered off-plan projects go into a project escrow account, which is regulated and used for construction.
- Handover. When the project is complete, you take over the unit and pay any remaining balance.
Foreign buyers can generally buy in designated freehold areas of Dubai. If a purchase is valued at AED 2 million or more, it may help you qualify for a Golden Visa, subject to current rules. Since we do not have Flora Bay prices, please check the exact eligibility with Dani. For more general answers, see our buying in Dubai FAQ, or browse all Dubai off-plan projects.
Frequently asked questions
Who is the developer of Flora Bay?
Flora Bay is developed by Cay Residences Real Estate Development L.L.C, according to the DLD project register.
Where is Flora Bay located?
Flora Bay is in Palm Deira, a waterfront development off the Deira coast in north-east Dubai.
When is Flora Bay expected to be completed?
The DLD register gives an expected completion of Q4 2027. Construction started in October 2025 and progress is shown as 4%. Dates can change, so check the date in your SPA.
Is Flora Bay registered with DLD and covered by escrow?
Yes, it is listed on the DLD project register under project number 3848. Payments for registered off-plan projects in Dubai are made into a regulated escrow account. Ask for the escrow details before paying.
How do I get the Flora Bay price and payment plan?
They are not in the DLD data, so contact Dani for the current price list, floor plans and payment plan. Foreigners can generally buy in Dubai's freehold areas.
Project facts come from the Dubai Land Department project register and the developers' published price lists, and are refreshed regularly. Prices, availability and payment plans can change at any time: ask Dani for the latest.
Prices, availability and payment plans change often and are set by the developer. Ask for the latest details before making a decision.
