The Rings

1. Is it on schedule?12% built in July 2026, 7 months past its registered December 2025 handover · DLD project register, Jul 202612%Context
2. Is my money protected?Payments go to an escrow account at بنك دبي التجاري (ش.م.ع), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 7,639/sqft over 1 off-plan sale; too few sales to compare7,639Context
4. Is it selling?Off-plan sales are counted across a project’s published towers, and this one has none yetNo record
5. Who is building it?The register names the master developer, Meraas; the builder is not recordedNo record

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 التجاري (ش.م.ع)

Master developer

Meraas

Registered start

January 2024

Configuration

Residential building consisting of basement + ground floor + 5 floors + roof.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.

When will The Rings be completed?

The developer registered handover for December 2025; that date has passed with no completion recorded, 7 months on, and the project was 12% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does The Rings cost per square foot?

AED 7,639 per sqft, the median of 1 registered off-plan sale in the 12 months to 12 Oct 2026; the median unit sold for AED 65.00M.

Is The Rings in escrow?

Yes: the Land Department register names بنك دبي التجاري (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 The Rings?

The register names the master developer, Meraas, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.

How many units does The Rings have?

12 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.