Koro One

1. Is it on schedule?Recorded complete in April 2026, 3 months after its registered date · DLD inspection, 1 Apr 2026100%Context
2. Is my money protected?The register named the escrow agent: بنك الإمارات دبي الوطني (ش.م.ع)EscrowContext
3. Is the price fair?AED 2,139/sqft, 8.2% below the Jumeirah Garden City off-plan median across 33 projects-8.2%Context
4. Is it selling?14 off-plan sales registered in the last 12 months, of 144 units; the latest on 23 Dec 202514Context
5. Who is building it?Koro, licence no. 2121Context

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 الإمارات دبي الوطني (ش.م.ع)

Developer, as licensed

KORO REAL ESTATE DEVELOPMENT L.L.C (no. 2121)

Master developer

Meraas

Registered start

June 2023

Configuration

Proposed : building consisting of 2 Basements + ground floor + 8 residential floors + Roof + top roof.The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 1 Apr 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 Koro One be completed?

DLD records Koro One complete in April 2026, 3 months after the date the developer registered. Dubai Land Department inspection of 1 Apr 2026.

What does Koro One cost per square foot?

AED 2,139 per sqft, the median of 14 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.86M. That is 8.2% below the Jumeirah Garden City off-plan median across 33 projects.

Is Koro One in escrow?

Yes: the Land Department register names بنك الإمارات دبي الوطني (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 Koro One?

KORO REAL ESTATE DEVELOPMENT L.L.C, licence no. 2121, 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 Koro One have?

144 registered units, of which 144 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.