Nirvana Residences - I

1. Is it on schedule?0% built in November 2026 against a December 2028 handover: 100% left to build in 25 months · DLD project register, Nov 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك دبي الاسلامي (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,650/sqft, 17.3% above the Dubai Production City off-plan median across 23 projects+17.3%Context
4. Is it selling?21 off-plan sales registered in the last 12 months, of 326 units; the latest on 29 Oct 202621Context
5. Who is building it?Meraki, licence no. 1230Context

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 pending project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك دبي الاسلامي (شركة مساهمة عامة)

Developer, as licensed

MERAKI REAL ESTATE DEVELOPMENT L.L.C (no. 1230)

Master developer

Dubai Holding Asset Management

Registered start

March 2026

Configuration

Project Description: 2B+G+2P+16+R Residential

Construction progress is the percentage DLD recorded in its project register as of November 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 2 Nov 2026.

When is Nirvana Residences - I handed over?

The developer registered handover for December 2028, 25 months after DLD’s latest record, and the project was 0% built as of November 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of November 2026.

How far along is construction of Nirvana Residences - I?

Nirvana Residences - I was 0% built as of November 2026, the Land Department’s recorded progress, not a developer claim. Dubai Land Department project register as of November 2026.

Who is the developer of Nirvana Residences - I?

MERAKI REAL ESTATE DEVELOPMENT L.L.C, licence no. 1230, by the register’s own licence number; the master developer that owns the land is Dubai Holding Asset Management. Dubai Land Department project register as of November 2026.

What does Nirvana Residences - I cost per square foot?

AED 1,650 per sqft, the median of 21 registered off-plan sales in the 12 months to 2 Nov 2026; the median unit sold for AED 792,654. That is 17.3% above the Dubai Production City off-plan median across 23 projects.

Is Nirvana Residences - I in escrow?

Yes: the Land Department register names بنك دبي الاسلامي (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of November 2026.

How many units does Nirvana Residences - I have?

326 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 November 2026.