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Deyaar Park construction progress

Deyaar Park is 0% built at the Land Department inspection of April 2014. Developer Deyaar Development. Completion registered for December 2012.

0%

Built, at the Land Department site inspection of 16 April 2014

165 months past its registered completion date

Completion date (Land Department)
December 2012
Construction started
June 2012
Registered with the Land Department
November 2008
Units
8
Escrow bank
Dubai Islamic Bank
Name in Arabic
ديار بارك
Land Department project number
58
Land Department site inspections
1

Schedule

Deyaar Park was registered to complete in December 2012, 165 months ago, and is still under construction.

Site inspections

Context

Deyaar Development has 10 projects under construction in Dubai; 1 has passed its registered completion date.

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Questions

When will Deyaar Park be completed?
The completion date registered with the Dubai Land Department is December 2012. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Deyaar Park is built?
0%, measured at the Land Department site inspection on 16 April 2014.
Is Deyaar Park delayed?
Yes. Its registered completion date of December 2012 has passed and the Land Department still lists it as under construction.
Who is building Deyaar Park?
The registered developer is Deyaar Development. It has 9 other projects under construction in Dubai.
Which bank holds the escrow account for Deyaar Park?
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.