Cello Residences

1. Is it on schedule?9% built in July 2026; the register gives no handover date · DLD project register, Jul 20269%Context
2. Is my money protected?Payments go to an escrow account at بنك الإمارات دبي الوطني (ش.م.ع), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,405/sqft, 10.8% below the Jumeirah Village Circle off-plan median across 154 projects-10.8%Context
4. Is it selling?21 off-plan sales registered in the last 12 months, of 387 units; the latest on 18 Aug 202621Context
5. Who is building it?Taraf, licence no. 1549Context

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

TARAF DEVELOPMENT L.L.C (no. 1549)

Master developer

Nakheel

Registered start

February 2024

Configuration

(UG+G+3P+17F (blocK A) & 19F (block B)+R Mix use development.The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. 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.

What does Cello Residences cost per square foot?

AED 1,405 per sqft, the median of 21 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.11M. That is 10.8% below the Jumeirah Village Circle off-plan median across 154 projects.

Is Cello Residences 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 Cello Residences?

TARAF DEVELOPMENT L.L.C, licence no. 1549, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of July 2026.

How many units does Cello Residences have?

387 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.