Squarex One construction progress
Squarex One in Jumeirah Village Circle is 0% built at the Land Department inspection of December 2025. Developer Tasmeer Indigo Real Estate Development. Completion registered for June 2028.
0%
Built, at the Land Department site inspection of 24 December 2025
Running behind its date
- Completion date (Land Department)
- June 2028
- Construction started
- December 2025
- Registered with the Land Department
- January 2026
- Developer
- Tasmeer Indigo Real Estate Development
- Community
- Jumeirah Village Circle
- Units
- 207
- Escrow bank
- United Bank Limited
- Name in Arabic
- سكويراكس ون
- Land Department project number
- 3371
- Land Department site inspections
- 2
Schedule
Site inspections
24 December 2025
0%
11 November 2024
0%
Context
Jumeirah Village Circle has 119 projects under construction, 40% built on average.
Tasmeer Indigo 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 Squarex One be completed?
- The completion date registered with the Dubai Land Department is June 2028. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Squarex One is built?
- 0%, measured at the Land Department site inspection on 24 December 2025. The Land Department engineers have inspected the site 2 times since November 2024.
- Is Squarex One delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of June 2028.
- Who is building Squarex One?
- The registered developer is Tasmeer Indigo Real Estate Development. It has 1 other project under construction in Dubai.
- Which bank holds the escrow account for Squarex One?
- United Bank Limited. 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.
- Squarex ResidenceAlso by Tasmeer Indigo Real Estate Development. 58%.
- 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.