Urban Life

1. Is it on schedule?71% built in August 2026, 2 months past its registered June 2026 handover · DLD inspection, 18 Aug 202671%Context
2. Is my money protected?Payments go to an escrow account at مصرف الشارقه الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,226/sqft, 17.1% below the Business Bay off-plan median across 47 projects-17.1%Context
4. Is it selling?79 off-plan sales registered in the last 12 months, of 146 units; the latest on 12 Oct 202679Context
5. Who is building it?Urban, licence no. 1633Context

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

مصرف الشارقه الاسلامى

Developer, as licensed

URBAN PROPERTIES DEVELOPMENT L.L.C (no. 1633)

Master developer

Business Bay LLC

Registered start

January 2024

Configuration

G + 3P + 15 Typical Floor + Roof Floor.The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 18 Aug 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. 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 Urban Life be completed?

The developer registered handover for June 2026; that date has passed with no completion recorded, 2 months on, and the project was 71% built as of August 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 18 Aug 2026.

What does Urban Life cost per square foot?

AED 2,226 per sqft, the median of 79 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.96M. That is 17.1% below the Business Bay off-plan median across 47 projects.

Is Urban Life in escrow?

Yes: the Land Department register names مصرف الشارقه الاسلامى 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 Urban Life?

URBAN PROPERTIES DEVELOPMENT L.L.C, licence no. 1633, by the register’s own licence number; the master developer that owns the land is Business Bay LLC. Dubai Land Department project register as of July 2026.

How many units does Urban Life have?

146 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.