Violet Tower

1. Is it on schedule?70% built in June 2026 against a June 2026 handover: 30% left to build within the month; DLD has published no later inspection of it · DLD inspection, 3 Jun 202670%Context
2. Is my money protected?Payments go to an escrow account at بنك ابوظبى التجارى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,350/sqft, 14.3% below the Jumeirah Village Circle off-plan median across 154 projects-14.3%Context
4. Is it selling?22 off-plan sales registered in the last 12 months, of 287 units; the latest on 21 Sept 202622Context
5. Who is building it?Dubai, licence no. 278Context

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 ابوظبى التجارى

Developer, as licensed

DUBAI INVESTMENT REAL ESTATE (L L C) (no. 278)

Master developer

Nakheel

Registered start

November 2023

Configuration

Violet Tower is Residential building at Jumeirah Village Circle, Dubai consists of Ground Floor, 4 Podiums Parking, 27-storey and roof floor.

Construction progress is DLD’s inspection of 3 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 Violet Tower be completed?

The developer registered handover for June 2026, 0 months after DLD’s latest record, 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 3 Jun 2026.

What does Violet Tower cost per square foot?

AED 1,350 per sqft, the median of 22 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.64M. That is 14.3% below the Jumeirah Village Circle off-plan median across 154 projects.

Is Violet Tower in escrow?

Yes: the Land Department register names بنك ابوظبى التجارى 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 Violet Tower?

DUBAI INVESTMENT REAL ESTATE (L L C), licence no. 278, 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 Violet Tower have?

287 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.