Squarex Residence construction progress
Squarex Residence in Jumeirah Village Circle is 58% built at the Land Department inspection of September 2026. Developer Tasmeer Indigo Real Estate Development.
58%
Built, at the Land Department site inspection of 1 September 2026
- Finish at recent pace
- September 2027
- Construction started
- April 2024
- Registered with the Land Department
- February 2024
- Developer
- Tasmeer Indigo Real Estate Development
- Community
- Jumeirah Village Circle
- Units
- 175
- Escrow bank
- United Bank Limited
- Name in Arabic
- سكوير اكس ريزيدنس
- Land Department project number
- 2919
- Land Department site inspections
- 7
Schedule
Since October 2025 Squarex Residence has added about 3.4 points a month. At that rate the site reaches 100% around September 2027. The Land Department has no completion date on record to compare it with.
Site inspections
1 September 2026
58%+1.8 pts
8 July 2026
56%+16 pts
.jpeg&w=3840&q=75)
.jpeg&w=3840&q=75)
13 February 2026
40%+17 pts
22 October 2025
23%+6.6 pts
19 August 2025
16%+11 pts
3 January 2025
5.5%+5.5 pts
18 January 2024
0%
Context
Jumeirah Village Circle has 119 projects under construction, 40% built on average. Squarex Residence is ahead of that average.
Tasmeer Indigo Real Estate Development has 2 projects under construction in Dubai, none past their registered completion dates.
Own a unit in Squarex Residence?
Mulki follows this project for you: each new Land Department inspection, your payment plan, the handover date and what the unit is worth today, in one private app.
Track the handoverQuestions
- When will Squarex Residence be completed?
- The Land Department has no completion date on record for Squarex Residence yet. It appears once the developer registers the construction timeline.
- How much of Squarex Residence is built?
- 58%, measured at the Land Department site inspection on 1 September 2026. The Land Department engineers have inspected the site 7 times since January 2024.
- Who is building Squarex Residence?
- 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 Residence?
- 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 OneAlso by Tasmeer Indigo Real Estate Development. 0%, Due June 2028.
- 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.