Sea Legend One by Mvs Real Estate

1. Is it on schedule?22% built in July 2026 against a November 2026 handover: 78% left to build in 4 months · DLD inspection, 30 Jul 202622%Context
2. Is my money protected?Payments go to an escrow account at مصرف ابوظبى الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,300/sqft, 16.5% below the Dubai Islands off-plan median across 112 projects-16.5%Context
4. Is it selling?26 off-plan sales registered in the last 12 months, of 65 units; the latest on 17 Sept 202626Context
5. Who is building it?M V S, licence no. 1750Context

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 ابوظبى الاسلامى

Developer, as licensed

M V S REAL ESTATE DEVELOPMENT L.L.C (no. 1750)

Master developer

Nakheel

Registered start

September 2023

Configuration

Residential building, G+2P+11 typical floor+ roof (pool + health club). 11 - 1-bedroom, 33 - 2-bedroom, 20 - 3-bedroom, 1 penthouse.

Construction progress is DLD’s inspection of 30 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 Sea Legend One by Mvs Real Estate be completed?

The developer registered handover for November 2026, 4 months after DLD’s latest record, and the project was 22% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 30 Jul 2026.

What does Sea Legend One by Mvs Real Estate cost per square foot?

AED 2,300 per sqft, the median of 26 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.76M. That is 16.5% below the Dubai Islands off-plan median across 112 projects.

Is Sea Legend One by Mvs Real Estate in escrow?

Yes: the Land Department register names مصرف ابوظبى 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 Sea Legend One by Mvs Real Estate?

M V S REAL ESTATE DEVELOPMENT L.L.C, licence no. 1750, 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 Sea Legend One by Mvs Real Estate have?

65 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.