The Chedi Private Residences

1. Is it on schedule?0% built in July 2026 against a February 2029 handover: 100% left to build in 31 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك دبي الاسلامي (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,612/sqft over 3 off-plan sales; too few sales to compare2,612Context
4. Is it selling?3 off-plan sales registered in the last 12 months, of 117 units; the latest on 30 Dec 20253Context
5. Who is building it?Alseeb, licence no. 1014Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك دبي الاسلامي (شركة مساهمة عامة)

Developer, as licensed

ALSEEB REAL ESTATE DEVELOPMENT L.L.C (no. 1014)

Master developer

Dubai Holding Asset Management

Registered start

March 2025

Configuration

Branded Residences with Ground Floor + 5 podiums + 44 Floors + 3 Mechanical Floors

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will The Chedi Private Residences be completed?

The developer registered handover for February 2029, 31 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does The Chedi Private Residences cost per square foot?

AED 2,612 per sqft, the median of 3 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 14.86M.

Is The Chedi Private Residences in escrow?

Yes: the Land Department register names بنك دبي الاسلامي (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of The Chedi Private Residences?

ALSEEB REAL ESTATE DEVELOPMENT L.L.C, licence no. 1014, by the register’s own licence number; the master developer that owns the land is Dubai Holding Asset Management. Dubai Land Department project register as of July 2026.

How many units does The Chedi Private Residences have?

117 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.