When will Verdana 3 be completed?

The completion date registered with the Dubai Land Department is September 2028. At the pace of its recent inspections the site would reach 100% around May 2516. Developers can apply to the Land Department to extend the date, so check the register before relying on it.

How much of Verdana 3 is built?

0.1%, measured at the Land Department site inspection on 28 July 2026. The Land Department engineers have inspected the site 3 times since January 2025.

Is Verdana 3 delayed?

It is running behind. At the rate of the last year it would finish more than three months after its registered date of September 2028.

Who is building Verdana 3?

The registered developer is Reportage Plus A Real Estate Development. It has 15 other projects under construction in Dubai.

Which bank holds the escrow account for Verdana 3?

Commercial Bank of Dubai. 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.

Verdana 3 construction progress

Verdana 3 in Dubai Investment Park First is 0.1% built at the Land Department inspection of July 2026. Developer Reportage Plus A Real Estate Development. Completion registered for September 2028.

0.1%

Built, at the Land Department site inspection of 28 July 2026

Running behind its date

Completion date (Land Department): September 2028
Finish at recent pace: May 2516
Construction started: September 2025
Registered with the Land Department: February 2026
Developer: Reportage Plus A Real Estate Development
Community: Dubai Investment Park First
Units: 131
Escrow bank: Commercial Bank of Dubai
Name in Arabic: فيردانا 3
Land Department project number: 3302
Land Department site inspections: 3

Schedule

Between January 2026 and July 2026 the site added about 0.0 points a month. At that rate it would finish around May 2516, more than three months after the September 2028 date registered with the Land Department.

Progress at each Land Department site inspectionStraight line from start to the Land Department completion date

Site inspections

28 July 2026

0.1%+0.1 pts

12 January 2026

13 January 2025

All 7 site photos, by inspection date

Context

Dubai Investment Park First has 9 projects under construction, 44% built on average.

Reportage Plus A Real Estate Development has 16 projects under construction in Dubai, none past their registered completion dates.

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Questions

When will Verdana 3 be completed?: The completion date registered with the Dubai Land Department is September 2028. At the pace of its recent inspections the site would reach 100% around May 2516. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Verdana 3 is built?: 0.1%, measured at the Land Department site inspection on 28 July 2026. The Land Department engineers have inspected the site 3 times since January 2025.
Is Verdana 3 delayed?: It is running behind. At the rate of the last year it would finish more than three months after its registered date of September 2028.
Who is building Verdana 3?: The registered developer is Reportage Plus A Real Estate Development. It has 15 other projects under construction in Dubai.
Which bank holds the escrow account for Verdana 3?: Commercial Bank of Dubai. 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.