Hatimi Residences by Fakhruddin

1. Is it on schedule?51% built in July 2026 against a October 2026 handover: 49% left to build in 3 months · DLD inspection, 29 Jul 202651%Context
2. Is my money protected?Payments go to an escrow account at بنك الإمارات دبي الوطني (ش.م.ع), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 3,459/sqft, 25.5% above the Dubai Islands off-plan median across 112 projects+25.5%Context
4. Is it selling?11 off-plan sales registered in the last 12 months, of 116 units; the latest on 24 Aug 202611Context
5. Who is building it?Fakhruddin, licence no. 1415Context

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 الإمارات دبي الوطني (ش.م.ع)

Developer, as licensed

FAKHRUDDIN PROPERTIES DEVELOPMENT L.L.C (no. 1415)

Master developer

Nakheel

Registered start

October 2024

Configuration

RESIDENTIAL BUILDING ( G+2P+8 FLOORS +R ) ON PLOT ID 1010581,at Palm Deira

Construction progress is DLD’s inspection of 29 Jul 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 Hatimi Residences by Fakhruddin be completed?

The developer registered handover for October 2026, 3 months after DLD’s latest record, and the project was 51% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 29 Jul 2026.

What does Hatimi Residences by Fakhruddin cost per square foot?

AED 3,459 per sqft, the median of 11 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 6.65M. That is 25.5% above the Dubai Islands off-plan median across 112 projects.

Is Hatimi Residences by Fakhruddin in escrow?

Yes: the Land Department register names بنك الإمارات دبي الوطني (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 Hatimi Residences by Fakhruddin?

FAKHRUDDIN PROPERTIES DEVELOPMENT L.L.C, licence no. 1415, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of July 2026.

How many units does Hatimi Residences by Fakhruddin have?

116 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.