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Teema 1 & Teema 2 construction progress

Teema 1 & Teema 2 in Al Yelayiss 4 is 8.8% built at the Land Department inspection of October 2019. Developer Emaar Bawadi. Completion registered for July 2016.

8.8%

Built, at the Land Department site inspection of 1 October 2019

123 months past its registered completion date

Completion date (Land Department)
July 2016
Finish at recent pace
July 2088
Construction started
February 2014
Registered with the Land Department
September 2013
Developer
Emaar Bawadi
Community
Al Yelayiss 4
Units
1
Escrow bank
Dubai Islamic Bank
Name in Arabic
تيما 1 أند تيما 2
Land Department project number
1373
Land Department site inspections
3

Schedule

Teema 1 & Teema 2 was registered to complete in July 2016, 123 months ago, and is still under construction. Over the last year of inspections it has added about 0.1 points a month. Kept at that rate, the site would reach 100% around July 2088.

0%25%50%75%100%201420162018
Progress at each Land Department site inspectionStraight line from start to the Land Department completion date

Site inspections

1 October 2019

8.8%+7.1 pts

  • Teema 1 & Teema 2 construction site, Land Department inspection photo 1, 1 October 2019
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 2, 1 October 2019
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 3, 1 October 2019
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 4, 1 October 2019

29 May 2014

1.7%

  • Teema 1 & Teema 2 construction site, Land Department inspection photo 1, 29 May 2014
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 2, 29 May 2014
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 3, 29 May 2014
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 4, 29 May 2014

24 November 2013

8.6%

  • Teema 1 & Teema 2 construction site, Land Department inspection photo 1, 24 November 2013
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 2, 24 November 2013
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 3, 24 November 2013
  • Teema 1 & Teema 2 construction site, Land Department inspection photo 4, 24 November 2013

All 20 site photos, by inspection date

Context

Emaar Bawadi has 2 projects under construction in Dubai; 2 have passed their registered completion date.

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Questions

When will Teema 1 & Teema 2 be completed?
The completion date registered with the Dubai Land Department is July 2016. At the pace of its recent inspections the site would reach 100% around July 2088. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Teema 1 & Teema 2 is built?
8.8%, measured at the Land Department site inspection on 1 October 2019. The Land Department engineers have inspected the site 3 times since November 2013.
Is Teema 1 & Teema 2 delayed?
Yes. Its registered completion date of July 2016 has passed and the Land Department still lists it as under construction.
Who is building Teema 1 & Teema 2?
The registered developer is Emaar Bawadi. It has 1 other project under construction in Dubai.
Which bank holds the escrow account for Teema 1 & Teema 2?
Dubai Islamic Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.

Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.