Akala Hotels and Residences

1. Is it on schedule?0% built in June 2026 against a October 2029 handover: 100% left to build in 40 months · DLD inspection, 30 Jun 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك دبي التجاري (ش.م.ع), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 3,755/sqft, 1.0% above the DIFC off-plan median across 4 projects+1.0%Context
4. Is it selling?93 off-plan sales registered in the last 12 months, of 502 units; the latest on 2 Oct 202693Context
5. Who is building it?Arada S O C, licence no. 1409Context

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 التجاري (ش.م.ع)

Developer, as licensed

ARADA DEVELOPMENTS L.L.C S.O.C (no. 1409)

Registered start

May 2026

Configuration

Project Akala Hotels and Residences by Arada Developments L.L.C S.O.C located at Zabeel Second, Plot No. 21, Municipality number 3370589. The project is a Residential and Hotel development with 284 no. Residential Units in Tower 1 and total 354 no. Hotel Keys/ Residential Units in Tower 2.

Construction progress is DLD’s inspection of 30 Jun 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 Akala Hotels and Residences be completed?

The developer registered handover for October 2029, 40 months after DLD’s latest record, and the project was 0% built as of June 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 30 Jun 2026.

What does Akala Hotels and Residences cost per square foot?

AED 3,755 per sqft, the median of 93 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 6.15M. That is 1.0% above the DIFC off-plan median across 4 projects.

Is Akala Hotels and Residences in escrow?

Yes: the Land Department register names بنك دبي التجاري (ش.م.ع) 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 Akala Hotels and Residences?

ARADA DEVELOPMENTS L.L.C S.O.C, licence no. 1409, by the register’s own licence number. Dubai Land Department project register as of July 2026.

How many units does Akala Hotels and Residences have?

502 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.