When will Lridian Park 1 be completed?

The completion date registered with the Dubai Land Department is February 2027. At the pace of its recent inspections the site would reach 100% around February 2028. Developers can apply to the Land Department to extend the date, so check the register before relying on it.

How much of Lridian Park 1 is built?

33%, measured at the Land Department site inspection on 17 August 2026. The Land Department engineers have inspected the site 4 times since May 2025.

Is Lridian Park 1 delayed?

It is running behind. At the rate of the last year it would finish more than three months after its registered date of February 2027.

Who is building Lridian Park 1?

The registered developer is Obj1 Real Estate Development. It has 13 other projects under construction in Dubai.

Which bank holds the escrow account for Lridian Park 1?

Abu Dhabi 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.

Lridian Park 1 construction progress

Lridian Park 1 in Jumeirah Village Circle is 33% built at the Land Department inspection of August 2026. Developer Obj1 Real Estate Development. Completion registered for February 2027.

33%

Built, at the Land Department site inspection of 17 August 2026

Running behind its date

Completion date (Land Department): February 2027
Finish at recent pace: February 2028
Construction started: August 2025
Registered with the Land Department: October 2025
Developer: Obj1 Real Estate Development
Community: Jumeirah Village Circle
Units: 76
Escrow bank: Abu Dhabi Islamic Bank
Name in Arabic: 1 اريديان بارك
Land Department project number: 3764
Land Department site inspections: 4

Schedule

Between February 2026 and August 2026 the site added about 3.8 points a month. At that rate it would finish around February 2028, more than three months after the February 2027 date registered with the Land Department.

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

Site inspections

17 August 2026

33%+17 pts

19 May 2026

16%+6.2 pts

12 February 2026

9.7%+9.7 pts

22 May 2025

All 20 site photos, by inspection date

Context

Jumeirah Village Circle has 119 projects under construction, 40% built on average.

Obj1 Real Estate Development has 14 projects under construction in Dubai; 1 has passed its registered completion date.

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Questions

When will Lridian Park 1 be completed?: The completion date registered with the Dubai Land Department is February 2027. At the pace of its recent inspections the site would reach 100% around February 2028. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Lridian Park 1 is built?: 33%, measured at the Land Department site inspection on 17 August 2026. The Land Department engineers have inspected the site 4 times since May 2025.
Is Lridian Park 1 delayed?: It is running behind. At the rate of the last year it would finish more than three months after its registered date of February 2027.
Who is building Lridian Park 1?: The registered developer is Obj1 Real Estate Development. It has 13 other projects under construction in Dubai.
Which bank holds the escrow account for Lridian Park 1?: Abu Dhabi 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.