Prestige One Residences construction progress
Prestige One Residences is 0.1% built at the Land Department inspection of September 2026. Developer Prestige Luxe Real Estate Development. Completion registered for December 2029.
0.1%
Built, at the Land Department site inspection of 23 September 2026
Running behind its date
- Completion date (Land Department)
- December 2029
- Finish at recent pace
- May 2817
- Construction started
- February 2026
- Registered with the Land Department
- November 2025
- Developer
- Prestige Luxe Real Estate Development
- Units
- 220
- Escrow bank
- Emirates NBD
- Name in Arabic
- بريستيج ون ريزيدنسز
- Land Department project number
- 4190
- Land Department site inspections
- 3
Schedule
Between November 2025 and September 2026 the site added about 0.0 points a month. At that rate it would finish around May 2817, more than three months after the December 2029 date registered with the Land Department.
Site inspections
23 September 2026
0.1%+0.1 pts
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22 June 2026
0%+0.0 pts
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9 November 2025
0%
Context
Prestige Luxe Real Estate Development has 2 projects under construction in Dubai, none past their registered completion dates.
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- When will Prestige One Residences be completed?
- The completion date registered with the Dubai Land Department is December 2029. At the pace of its recent inspections the site would reach 100% around May 2817. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Prestige One Residences is built?
- 0.1%, measured at the Land Department site inspection on 23 September 2026. The Land Department engineers have inspected the site 3 times since November 2025.
- Is Prestige One Residences delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of December 2029.
- Who is building Prestige One Residences?
- The registered developer is Prestige Luxe Real Estate Development. It has 1 other project under construction in Dubai.
- Which bank holds the escrow account for Prestige One Residences?
- 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 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.