When will Verdana Residence be completed?

The completion date registered with the Dubai Land Department is December 2025. At the pace of its recent inspections the site would reach 100% around July 2026. Developers can apply to the Land Department to extend the date, so check the register before relying on it.

How much of Verdana Residence is built?

96%, measured at the Land Department site inspection on 3 June 2026. The Land Department engineers have inspected the site 9 times since October 2022.

Is Verdana Residence delayed?

Yes. Its registered completion date of December 2025 has passed and the Land Department still lists it as under construction.

Who is building Verdana Residence?

The registered developer is Reportage Prime Properties. It has 8 other projects under construction in Dubai.

Which bank holds the escrow account for Verdana Residence?

Al Masraf. 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 Residence construction progress

Verdana Residence in Dubai Investment Park First is 96% built at the Land Department inspection of June 2026. Developer Reportage Prime Properties. Completion registered for December 2025.

96%

Built, at the Land Department site inspection of 3 June 2026

9 months past its registered completion date

Completion date (Land Department): December 2025
Finish at recent pace: July 2026
Construction started: December 2022
Registered with the Land Department: March 2023
Developer: Reportage Prime Properties
Community: Dubai Investment Park First
Units: 224
Escrow bank: Al Masraf
Name in Arabic: فيردانا ريزيدنس
Land Department project number: 2470
Land Department site inspections: 9

Schedule

Verdana Residence was registered to complete in December 2025, 9 months ago, and is still under construction. Over the last year of inspections it has added about 3.8 points a month. Kept at that rate, the site would reach 100% around July 2026.

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

Site inspections

3 June 2026

96%+1.8 pts

6 February 2026

94%+26 pts

20 October 2025

68%+25 pts

17 March 2025

43%+24 pts

18 September 2024

19%+13 pts

26 March 2024

6.5%+4.5 pts

6 December 2023

2.0%+1.9 pts

26 July 2023

0.1%+0.1 pts

27 October 2022

All 54 site photos, by inspection date

Context

Dubai Investment Park First has 9 projects under construction, 44% built on average. Verdana Residence is ahead of that average.

Reportage Prime Properties has 9 projects under construction in Dubai; 2 have passed their registered completion date.

Own a unit in Verdana Residence?

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 handover

Questions

When will Verdana Residence be completed?: The completion date registered with the Dubai Land Department is December 2025. At the pace of its recent inspections the site would reach 100% around July 2026. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Verdana Residence is built?: 96%, measured at the Land Department site inspection on 3 June 2026. The Land Department engineers have inspected the site 9 times since October 2022.
Is Verdana Residence delayed?: Yes. Its registered completion date of December 2025 has passed and the Land Department still lists it as under construction.
Who is building Verdana Residence?: The registered developer is Reportage Prime Properties. It has 8 other projects under construction in Dubai.
Which bank holds the escrow account for Verdana Residence?: Al Masraf. 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.