When will Lyra be completed?

The registered completion date is December 2029. Developers can apply to extend the date, so check the register before relying on it.

How much of Lyra is built?

0%, measured at the site inspection on 1 July 2026.

Who is building Lyra?

The registered developer is Majid Al Futtaim Ghaf Woods. It has 6 other projects under construction in Dubai.

Which bank holds the escrow account for Lyra?

Emirates NBD. 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.

Lyra construction progress

Lyra is 0% built at the site inspection of July 2026. Developer Majid Al Futtaim Ghaf Woods. Completion registered for December 2029.

Built, at the site inspection of 1 July 2026

Registered completion date: December 2029
Construction started: August 2027
First registered: October 2026
Developer: Majid Al Futtaim Ghaf Woods
Units: 348
Escrow bank: Emirates NBD
Name in Arabic: لايرا
Project number: 4520
Site inspections: 1

Schedule

Lyra has one site inspection on record so far, which is not enough to measure a pace. A pace needs two inspections at least a month apart.

Site inspections

1 July 2026

All 1 site photos, by inspection date

Context

Majid Al Futtaim Ghaf Woods has 7 projects under construction in Dubai, none past their registered completion dates.

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Questions

When will Lyra be completed?: The registered completion date is December 2029. Developers can apply to extend the date, so check the register before relying on it.
How much of Lyra is built?: 0%, measured at the site inspection on 1 July 2026.
Who is building Lyra?: The registered developer is Majid Al Futtaim Ghaf Woods. It has 6 other projects under construction in Dubai.
Which bank holds the escrow account for Lyra?: Emirates NBD. 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 inspections, not a forecast from the developer. The site photos are the Land Department’s own. See how Mulki works with Land Department data.