241 Waterside

1. Is it on schedule?0% built in June 2026 against a February 2028 handover: 100% left to build in 20 months · DLD inspection, 16 Jun 20260%Context
2. Is my money protected?Payments go to an escrow account at Procedure Participant Ar, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,989/sqft, 27.8% below the Dubai Islands off-plan median across 112 projects-27.8%Context
4. Is it selling?17 off-plan sales registered in the last 12 months, of 63 units; the latest on 13 Jul 202617Context
5. Who is building it?Legacy Star, licence no. 2390Context

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

Procedure Participant Ar

Developer, as licensed

LEGACY STAR REAL ESTATE DEVELOPMENT L.L.C (no. 2390)

Master developer

Palm Deira LLC

Registered start

January 2026

Configuration

G+2P+8+Roof

Construction progress is DLD’s inspection of 16 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 241 Waterside be completed?

The developer registered handover for February 2028, 20 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 16 Jun 2026.

What does 241 Waterside cost per square foot?

AED 1,989 per sqft, the median of 17 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.20M. That is 27.8% below the Dubai Islands off-plan median across 112 projects.

Is 241 Waterside in escrow?

Yes: the Land Department register names Procedure Participant Ar 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 241 Waterside?

LEGACY STAR REAL ESTATE DEVELOPMENT L.L.C, licence no. 2390, by the register’s own licence number; the master developer that owns the land is Palm Deira LLC. Dubai Land Department project register as of July 2026.

How many units does 241 Waterside have?

63 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.