Palatium Residences construction progress
Palatium Residences in Jumeirah Village Circle is 88% built at the Land Department inspection of September 2026. Developer Ahmadyar Real Estate Development. Completion registered for March 2026.
88%
Built, at the Land Department site inspection of 30 September 2026
6 months past its registered completion date
- Completion date (Land Department)
- March 2026
- Finish at recent pace
- December 2026
- Construction started
- May 2024
- Registered with the Land Department
- July 2024
- Developer
- Ahmadyar Real Estate Development
- Community
- Jumeirah Village Circle
- Units
- 151
- Escrow bank
- First Abu Dhabi Bank
- Name in Arabic
- بالاشيوم ريزيدنسز
- Land Department project number
- 3065
- Land Department site inspections
- 5
Schedule
Palatium Residences was registered to complete in March 2026, 6 months ago, and is still under construction. Over the last year of inspections it has added about 4.8 points a month. Kept at that rate, the site would reach 100% around December 2026.
Site inspections
30 September 2026
88%+22 pts
19 June 2026
66%+26 pts
27 November 2025
40%+23 pts
30 May 2025
17%+17 pts
15 May 2024
0%
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Context
Jumeirah Village Circle has 119 projects under construction, 40% built on average.
Ahmadyar Real Estate Development has 2 projects under construction in Dubai; 1 has passed its registered completion date.
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Notify me when it launchesQuestions
- When will Palatium Residences be completed?
- The completion date registered with the Dubai Land Department is March 2026. At the pace of its recent inspections the site would reach 100% around December 2026. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Palatium Residences is built?
- 88%, measured at the Land Department site inspection on 30 September 2026. The Land Department engineers have inspected the site 5 times since May 2024.
- Is Palatium Residences delayed?
- Yes. Its registered completion date of March 2026 has passed and the Land Department still lists it as under construction.
- Who is building Palatium Residences?
- The registered developer is Ahmadyar Real Estate Development. It has 1 other project under construction in Dubai.
- Which bank holds the escrow account for Palatium Residences?
- First Abu Dhabi 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.
- Vestoria BayAlso by Ahmadyar Real Estate Development. 3.6%, Due November 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.