Stax construction progress
Stax in Jumeirah Village Circle is 4.5% built at the Land Department inspection of July 2026. Developer Pashaone Real Estate Development. Completion registered for March 2028.
4.5%
Built, at the Land Department site inspection of 24 July 2026
Running behind its date
- Completion date (Land Department)
- March 2028
- Finish at recent pace
- May 2047
- Construction started
- November 2025
- Registered with the Land Department
- September 2025
- Developer
- Pashaone Real Estate Development
- Community
- Jumeirah Village Circle
- Units
- 530
- Escrow bank
- First Abu Dhabi Bank
- Name in Arabic
- استاكس
- Land Department project number
- 4013
- Land Department site inspections
- 3
Schedule
Between July 2025 and July 2026 the site added about 0.4 points a month. At that rate it would finish around May 2047, more than three months after the March 2028 date registered with the Land Department.
Site inspections
24 July 2026
4.5%+3.8 pts
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14 April 2026
0.7%+0.7 pts
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31 July 2025
0%
Context
Jumeirah Village Circle has 119 projects under construction, 40% built on average.
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Notify me when it launchesQuestions
- When will Stax be completed?
- The completion date registered with the Dubai Land Department is March 2028. At the pace of its recent inspections the site would reach 100% around May 2047. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Stax is built?
- 4.5%, measured at the Land Department site inspection on 24 July 2026. The Land Department engineers have inspected the site 3 times since July 2025.
- Is Stax delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of March 2028.
- Who is building Stax?
- The registered developer is Pashaone Real Estate Development.
- Which bank holds the escrow account for Stax?
- 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.
- 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.