VIVID Tower

1. Is it on schedule?12% built in August 2026 against a November 2026 handover: 88% left to build in 3 months · DLD inspection, 6 Aug 202612%Context
2. Is my money protected?Payments go to an escrow account at مصرف ابوظبى الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,438/sqft, 14.9% below the Jumeirah Village Triangle off-plan median across 40 projects-14.9%Context
4. Is it selling?31 off-plan sales registered in the last 12 months, of 143 units; the latest on 22 Sept 202631Context
5. Who is building it?Object One, licence no. 1894; 0 of its 18 dated live projects are past their registered dates0%Context

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

مصرف ابوظبى الاسلامى

Developer, as licensed

OBJ1 REAL ESTATE DEVELOPMENT L.L.C (no. 1894)

Master developer

Nakheel

Registered start

January 2025

Configuration

UG Watertank+G+4P+16+R RESIDENTIAL BLDG. The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 6 Aug 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 VIVID Tower be completed?

The developer registered handover for November 2026, 3 months after DLD’s latest record, and the project was 12% built as of August 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 6 Aug 2026.

What does VIVID Tower cost per square foot?

AED 1,438 per sqft, the median of 31 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.16M. That is 14.9% below the Jumeirah Village Triangle off-plan median across 40 projects.

Is VIVID Tower in escrow?

Yes: the Land Department register names مصرف ابوظبى الاسلامى 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 VIVID Tower?

OBJ1 REAL ESTATE DEVELOPMENT L.L.C, licence no. 1894, 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 VIVID Tower have?

143 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.