Nova Tower

1. Is it on schedule?40% built in July 2026 against a September 2026 handover: 60% left to build in 2 months · DLD inspection, 20 Jul 202640%Context
2. Is my money protected?Payments go to an escrow account at بنك ابوظبى التجارى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,369/sqft, 22.5% below the Dubai Science Park off-plan median across 11 projects-22.5%Context
4. Is it selling?53 off-plan sales registered in the last 12 months, of 129 units; the latest on 20 Aug 202653Context
5. Who is building it?Alansari, licence no. 1294Context

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 ابوظبى التجارى

Developer, as licensed

ALANSARI REAL ESTATE DEVELOPMENT L.L.C (no. 1294)

Master developer

Dubai Holding Asset Management

Registered start

December 2024

Configuration

B+G+2p+21+Roof

Construction progress is DLD’s inspection of 20 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 Nova Tower be completed?

The developer registered handover for September 2026, 2 months after DLD’s latest record, and the project was 40% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 20 Jul 2026.

What does Nova Tower cost per square foot?

AED 1,369 per sqft, the median of 53 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.61M. That is 22.5% below the Dubai Science Park off-plan median across 11 projects.

Is Nova Tower in escrow?

Yes: the Land Department register names بنك ابوظبى التجارى 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 Nova Tower?

ALANSARI REAL ESTATE DEVELOPMENT L.L.C, licence no. 1294, by the register’s own licence number; the master developer that owns the land is Dubai Holding Asset Management. Dubai Land Department project register as of July 2026.

How many units does Nova Tower have?

129 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.