Electra construction progress
Electra in Jumeirah Village Circle is 7.9% built at the Land Department inspection of July 2026. Developer Acube Real Estate Development.
7.9%
Built, at the Land Department site inspection of 6 July 2026
- Finish at recent pace
- March 2066
- Construction started
- April 2024
- Registered with the Land Department
- May 2024
- Developer
- Acube Real Estate Development
- Community
- Jumeirah Village Circle
- Units
- 281
- Escrow bank
- Dubai Islamic Bank
- Name in Arabic
- اليكترا
- Land Department project number
- 2881
- Land Department site inspections
- 7
Schedule
Since July 2025 Electra has added about 0.2 points a month. At that rate the site reaches 100% around March 2066. The Land Department has no completion date on record to compare it with.
Site inspections
6 July 2026
7.9%+0.3 pts
21 May 2026
7.6%+0.9 pts
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16 March 2026
6.7%+1.1 pts
17 July 2025
5.6%+0.7 pts
2 April 2025
4.9%+4.6 pts
14 November 2024
0.3%+0.3 pts
4 April 2024
0%
Context
Jumeirah Village Circle has 119 projects under construction, 40% built on average.
Acube Real Estate Development has 2 projects under construction in Dubai, none past their registered completion dates.
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Notify me when it launchesQuestions
- When will Electra be completed?
- The Land Department has no completion date on record for Electra yet.
- How much of Electra is built?
- 7.9%, measured at the Land Department site inspection on 6 July 2026. The Land Department engineers have inspected the site 7 times since April 2024.
- Who is building Electra?
- The registered developer is Acube Real Estate Development. It has 1 other project under construction in Dubai.
- Which bank holds the escrow account for Electra?
- 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.
- VegaAlso by Acube Real Estate Development. 20%, Due May 2027.
- German Supreme Tower 2Nearby in Jumeirah Village Circle. 42%, Due January 2013, passed.
- Serenity Lakes 2Nearby in Jumeirah Village Circle. 50%, Due November 2025, passed.
- Dusit Princess RijasNearby in Jumeirah Village Circle. 64%, Due April 2027.
- Samana WavesNearby in Jumeirah Village Circle. 90%, Due April 2026, passed.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
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.