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Off-plan villas · DLD project register as of 6 Jul 2026

Taormina Village 1

Under construction · 530 villas · started Dec 2024 · Wadi Al Safa 3

Registered for handover in Q4 2027 and 0% built in July 2026. Off-plan units sell at AED 2.07M (AED 2,391/sqft) over 142 sales in 12 months.

Off-plan price, typical unit

2.07MAED

AED 2,391/sqft · 142 sales in 12 months

Built0%

Started Dec 2024Registered handover Dec 2027

DLD project register, Jul 2026

Median off-plan sale
AED 2.07M
Registered villas
530
Escrow
بنك دبي التجاري (ش.م.ع)

Is Taormina Village 1 a safe off-plan buy?In escrow; 0% built with 17 months to its registered handover

  1. Is it on schedule?0% built in July 2026 against a December 2027 handover: 100% left to build in 17 months · DLD project register, Jul 20260%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 2,391/sqft over 142 off-plan sales; too few Wadi Al Safa 3 projects to compare2,391Context
  4. Is it selling?142 off-plan sales registered in the last 12 months, of 530 villas142Context
  5. Who is building it?Reportage Properties, licence no. 1277; 4 of its 11 dated live projects are past their registered dates36%Context

A registered date is not a delivery forecast · 79% of recorded completions carry their planned date to the day · DLD register, July 2026

How each reading works →

As registered with the Land DepartmentWhere Taormina Village 1 is, and who is on its register row

Escrow agent
بنك دبي التجاري (ش.م.ع)
Developer, as licensed
REPORTAGE PRIME PROPERTIES L.L.C (no. 1277)
Master developer
Dubai Properties
Registered start
December 2024
Configuration
530 (G+2F+R) Villas.The project designed to have a concrete structure and block with internal and external finishes.
Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

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 filed under this project number, 12 months to .

More from Reportage Properties

Live projects registered to the same developer, most advanced first.

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Common questions

When will Taormina Village 1 be completed?
The developer registered handover for December 2027, 17 months after DLD’s latest record, and the project was 0% 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 Taormina Village 1 cost per square foot?
AED 2,391 per sqft, the median of 142 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.07M.
Is Taormina Village 1 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 Taormina Village 1?
REPORTAGE PRIME PROPERTIES L.L.C, licence no. 1277, by the register’s own licence number; the master developer that owns the land is Dubai Properties. Dubai Land Department project register as of July 2026.
How many villas does Taormina Village 1 have?
530 registered villas. Dubai Land Department project register as of July 2026.

Off-plan record for Taormina Village 1

Record type
Project-level off-plan register record
Data date
Evidence base
530 registered villas; DLD project register as of 2026-07-06
Sources
Dubai Land Department project register, construction inspections and title register; sale transactions
Canonical record
/off-plan/villas/dubai/wadi-al-safa-3/taormina-village-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Taormina Village 1, off-plan.” Wadi Al Safa 3, Dubai. Register to 2026-07-06, data to 2026-10-12. https://dubaiwealthindex.com/off-plan/villas/dubai/wadi-al-safa-3/taormina-village-1