Lia

1. Is it on schedule?4% built in November 2026 against a May 2028 handover: 96% left to build in 18 months · DLD project register, Nov 20264%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 2,812/sqft, 1.1% above the Dubai Islands off-plan median across 112 projects+1.1%Context
4. Is it selling?57 off-plan sales registered in the last 12 months, of 81 units; the latest on 8 Sept 202657Context
5. Who is building it?Avenew, licence no. 1511Context

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 pending 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

AVENEW REAL ESTATE DEVELOPMENT L.L.C (no. 1511)

Master developer

Nakheel

Registered start

March 2026

Configuration

Mix use residential building G+P+8 Retail @ ground floor & gym, swimming pool @ 1st floor. Total Residential Units = 80 Units (1BHK=36 Units, 2BHK=36 Units, 3BHK=6 Units, Penthouse Simplex 2BHK=1 Units, Penthouse Simplex 5BHK=1 Units) and Retail Unit = 1 Unit

Construction progress is the percentage DLD recorded in its project register as of November 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 2 Nov 2026.

When is Lia handed over?

The developer registered handover for May 2028, 18 months after DLD’s latest record, and the project was 4% built as of November 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of November 2026.

How far along is construction of Lia?

Lia was 4% built as of November 2026, the Land Department’s recorded progress, not a developer claim. Dubai Land Department project register as of November 2026.

Who is the developer of Lia?

AVENEW REAL ESTATE DEVELOPMENT L.L.C, licence no. 1511, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of November 2026.

What does Lia cost per square foot?

AED 2,812 per sqft, the median of 57 registered off-plan sales in the 12 months to 2 Nov 2026; the median unit sold for AED 2.47M. That is 1.1% above the Dubai Islands off-plan median across 112 projects.

Is Lia 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 November 2026.

How many units does Lia have?

81 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 November 2026.