Sera 1

1. Is it on schedule?0% built in May 2026 against a November 2029 handover: 100% left to build in 42 months; DLD has published no later inspection of it · DLD inspection, 20 May 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك أبوظبي الأول ش.م.ع., as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,818/sqft, 0.4% above the Mina Rashid off-plan median across 18 projects+0.4%Context
4. Is it selling?34 off-plan sales registered in the last 12 months, of 203 units; the latest on 3 Aug 202634Context
5. Who is building it?Mina Rashid, licence no. 1275; 1 of its 14 dated live projects are past their registered dates7%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

بنك أبوظبي الأول ش.م.ع.

Developer, as licensed

MINA RASHID PROPERTIES L.L.C (no. 1275)

Master developer

Mina Rashid Properties

Registered start

February 2026

Configuration

Residential Development Consisting of two Buildings: Total 203 units Tower A (G+P+7): Total of 96 units Tower B (G+P+8): Total of 107 units

Construction progress is DLD’s inspection of 20 May 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 Sera 1 be completed?

The developer registered handover for November 2029, 42 months after DLD’s latest record, and the project was 0% built as of May 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 20 May 2026.

What does Sera 1 cost per square foot?

AED 2,818 per sqft, the median of 34 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.27M. That is 0.4% above the Mina Rashid off-plan median across 18 projects.

Is Sera 1 in escrow?

Yes: the Land Department register names بنك أبوظبي الأول 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 Sera 1?

MINA RASHID PROPERTIES L.L.C, licence no. 1275, by the register’s own licence number; the master developer that owns the land is Mina Rashid Properties. Dubai Land Department project register as of July 2026.

How many units does Sera 1 have?

203 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.