When will Verdana Residence 2 be completed?

The completion date registered with the Dubai Land Department is April 2026. At the pace of its recent inspections the site would reach 100% around April 2032. Developers can apply to the Land Department to extend the date, so check the register before relying on it.

How much of Verdana Residence 2 is built?

20%, measured at the Land Department site inspection on 3 June 2026. The Land Department engineers have inspected the site 5 times since March 2024.

Is Verdana Residence 2 delayed?

Yes. Its registered completion date of April 2026 has passed and the Land Department still lists it as under construction.

Who is building Verdana Residence 2?

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 2?

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 2 construction progress

Verdana Residence 2 in Dubai Investment Park First is 20% built at the Land Department inspection of June 2026. Developer Reportage Prime Properties. Completion registered for April 2026.

20%

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

5 months past its registered completion date

Completion date (Land Department): April 2026
Finish at recent pace: April 2032
Construction started: October 2024
Registered with the Land Department: August 2024
Developer: Reportage Prime Properties
Community: Dubai Investment Park First
Units: 239
Escrow bank: Al Masraf
Name in Arabic: فيردانا ريزيدانس 2
Land Department project number: 2976
Land Department site inspections: 5

Schedule

Verdana Residence 2 was registered to complete in April 2026, 5 months ago, and is still under construction. Over the last year of inspections it has added about 1.1 points a month. Kept at that rate, the site would reach 100% around April 2032.

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

Site inspections

3 June 2026

20%+5.1 pts

11 February 2026

15%+7.8 pts

21 June 2025

7.1%+7.1 pts

23 December 2024

29 March 2024

All 21 site photos, by inspection date

Context

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

Reportage Prime Properties has 9 projects under construction in Dubai; 3 have passed their registered completion date.

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Questions

When will Verdana Residence 2 be completed?: The completion date registered with the Dubai Land Department is April 2026. At the pace of its recent inspections the site would reach 100% around April 2032. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Verdana Residence 2 is built?: 20%, measured at the Land Department site inspection on 3 June 2026. The Land Department engineers have inspected the site 5 times since March 2024.
Is Verdana Residence 2 delayed?: Yes. Its registered completion date of April 2026 has passed and the Land Department still lists it as under construction.
Who is building Verdana Residence 2?: 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 2?: 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.