Vio Residences

1. Is it on schedule?6% built in July 2026 against a December 2026 handover: 94% left to build in 5 months · DLD inspection, 30 Jul 20266%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 1,238/sqft, 3.2% above the International City Phase 2 off-plan median across 31 projects+3.2%Context
4. Is it selling?13 off-plan sales registered in the last 12 months, of 87 units; the latest on 29 Jul 202613Context
5. Who is building it?Modelux, licence no. 1116Context

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 دبي الاسلامي (شركة مساهمة عامة)

Developer, as licensed

MODELUX REAL ESTATE DEVELOPMENT L.L.C (no. 1116)

Master developer

International City LLC

Registered start

January 2025

Configuration

B+G+5+Roof

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 Vio Residences be completed?

The developer registered handover for December 2026, 5 months after DLD’s latest record, and the project was 6% 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 Vio Residences cost per square foot?

AED 1,238 per sqft, the median of 13 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 525,000. That is 3.2% above the International City Phase 2 off-plan median across 31 projects.

Is Vio Residences 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 July 2026.

Who is the developer of Vio Residences?

MODELUX REAL ESTATE DEVELOPMENT L.L.C, licence no. 1116, by the register’s own licence number; the master developer that owns the land is International City LLC. Dubai Land Department project register as of July 2026.

How many units does Vio Residences have?

87 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.