Lateral One

1. Is it on schedule?72% built in May 2026 against a December 2026 handover: 28% left to build in 7 months; DLD has published no later inspection of it · DLD inspection, 16 May 202672%Context
2. Is my money protected?Payments go to an escrow account at بنك الفجيره الوطنى ش م ع, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,292/sqft, 13.0% below the Dubailand Residence Complex off-plan median across 85 projects-13.0%Context
4. Is it selling?13 off-plan sales registered in the last 12 months, of 38 units; the latest on 7 Oct 202613Context
5. Who is building it?Grand Signature, licence no. 2138Context

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 الفجيره الوطنى ش م ع

Developer, as licensed

GRAND SIGNATURE REAL ESTATE DEVELOPMENT L.L.C (no. 2138)

Master developer

Dubailand Residences

Registered start

January 2025

Configuration

A 38 Unit residential and 2 store retail mixed use building in DLRC

Construction progress is DLD’s inspection of 16 May 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 Lateral One be completed?

The developer registered handover for December 2026, 7 months after DLD’s latest record, and the project was 72% built as of May 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 16 May 2026.

What does Lateral One cost per square foot?

AED 1,292 per sqft, the median of 13 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 920,807. That is 13.0% below the Dubailand Residence Complex off-plan median across 85 projects.

Is Lateral One in escrow?

Yes: the Land Department register names بنك الفجيره الوطنى 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 Lateral One?

GRAND SIGNATURE REAL ESTATE DEVELOPMENT L.L.C, licence no. 2138, by the register’s own licence number; the master developer that owns the land is Dubailand Residences. Dubai Land Department project register as of July 2026.

How many units does Lateral One have?

38 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.