Downtown Residences construction progress
Downtown Residences in Business Bay is 1.3% built at the Land Department inspection of September 2026. Developer Deyaar Development. Completion registered for December 2030.
1.3%
Built, at the Land Department site inspection of 24 September 2026
Running behind its date
- Completion date (Land Department)
- December 2030
- Finish at recent pace
- October 2153
- Construction started
- December 2025
- Registered with the Land Department
- June 2025
- Developer
- Deyaar Development
- Community
- Business Bay
- Units
- 524
- Escrow bank
- First Abu Dhabi Bank
- Name in Arabic
- داون تاون ريزيدنسيس
- Land Department project number
- 3777
- Land Department site inspections
- 3
Schedule
Between June 2026 and September 2026 the site added about 0.1 points a month. At that rate it would finish around October 2153, more than three months after the December 2030 date registered with the Land Department.
Site inspections
24 September 2026
1.3%+0.2 pts
22 June 2026
1.1%+1.1 pts
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19 May 2025
0%
Context
Business Bay has 43 projects under construction, 35% built on average. Downtown Residences is behind that average.
Deyaar Development has 10 projects under construction in Dubai; 1 has passed its registered completion date.
Own a unit in Downtown Residences?
Mulki follows this project for you: each new Land Department inspection, your payment plan, the handover date and what the unit is worth today, in one private app.
Track the handoverQuestions
- When will Downtown Residences be completed?
- The completion date registered with the Dubai Land Department is December 2030. At the pace of its recent inspections the site would reach 100% around October 2153. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Downtown Residences is built?
- 1.3%, measured at the Land Department site inspection on 24 September 2026. The Land Department engineers have inspected the site 3 times since May 2025.
- Is Downtown Residences delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of December 2030.
- Who is building Downtown Residences?
- The registered developer is Deyaar Development. It has 9 other projects under construction in Dubai.
- Which bank holds the escrow account for Downtown Residences?
- First Abu Dhabi 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.
- Deyaar ParkAlso by Deyaar Development. 0%, Due December 2012, passed.
- Mar CasaAlso by Deyaar Development. 56%, Due October 2026.
- Rosalia ResidencesAlso by Deyaar Development. 82%.
- Eleve By DeyaarAlso by Deyaar Development. 20%.
- Burj PacificNearby in Business Bay. 99%, Due January 2023, passed.
- 77sNearby in Business Bay. 14%, Due December 2028.
- West Bay TowerNearby in Business Bay. 83%, Due February 2024, passed.
- Aykon City 3Nearby in Business Bay. 31%, Due December 2027.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
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.