Ethan

1. Is it on schedule?64% built in July 2026, 1 months past its registered June 2026 handover · DLD inspection, 30 Jul 202664%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 1,640/sqft, 10.0% below the Nad Al Sheba Gardens off-plan median across 7 projects-10.0%Context
4. Is it selling?23 off-plan sales registered in the last 12 months, of 48 units; the latest on 10 Sept 202623Context
5. Who is building it?Griffin, licence no. 1945Context

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

GRIFFIN REAL ESTATE DEVELOPMENT L.L.C (no. 1945)

Master developer

Shamal Real Estate

Registered start

June 2024

Configuration

RESIDENTIAL BUILDING (G+1P+6F+R).The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 30 Jul 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 Ethan be completed?

The developer registered handover for June 2026; that date has passed with no completion recorded, 1 month on, and the project was 64% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 30 Jul 2026.

What does Ethan cost per square foot?

AED 1,640 per sqft, the median of 23 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.65M. That is 10.0% below the Nad Al Sheba Gardens off-plan median across 7 projects.

Is Ethan 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 Ethan?

GRIFFIN REAL ESTATE DEVELOPMENT L.L.C, licence no. 1945, by the register’s own licence number; the master developer that owns the land is Shamal Real Estate. Dubai Land Department project register as of July 2026.

How many units does Ethan have?

48 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.