161 Jumeirah Lane

1. Is it on schedule?70% built in June 2026, 3 months past its registered March 2026 handover · DLD inspection, 16 Jun 202670%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 1,950/sqft, 16.3% below the Jumeirah Garden City off-plan median across 33 projects-16.3%Context
4. Is it selling?18 off-plan sales registered in the last 12 months, of 161 units; the latest on 11 Mar 202618Context
5. Who is building it?National, licence no. 1149Context

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

NATIONAL PROPERTIES OWNED BY NATIONAL BONDS CORPORATION SOLE PROPRIETORSHIP PSC SOLE PROPRIETORSHIP L.L.C (no. 1149)

Master developer

Meraas

Registered start

April 2024

Configuration

Development of (G+2P+8+Roof) Residential Building Total No. of Residential Units 161 Units. Studio: 7 Units - 1 Bedroom: 116 Units - 2 Bedroom: 38 Units

Construction progress is DLD’s inspection of 16 Jun 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 161 Jumeirah Lane be completed?

The developer registered handover for March 2026; that date has passed with no completion recorded, 3 months on, and the project was 70% built as of June 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 16 Jun 2026.

What does 161 Jumeirah Lane cost per square foot?

AED 1,950 per sqft, the median of 18 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.61M. That is 16.3% below the Jumeirah Garden City off-plan median across 33 projects.

Is 161 Jumeirah Lane 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 161 Jumeirah Lane?

NATIONAL PROPERTIES OWNED BY NATIONAL BONDS CORPORATION SOLE PROPRIETORSHIP PSC SOLE PROPRIETORSHIP L.L.C, licence no. 1149, by the register’s own licence number; the master developer that owns the land is Meraas. Dubai Land Department project register as of July 2026.

How many units does 161 Jumeirah Lane have?

161 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.