When will Red Square be completed?

The Land Department has no completion date on record for Red Square yet.

How much of Red Square is built?

27%, measured at the Land Department site inspection on 27 March 2026. The Land Department engineers have inspected the site 4 times since January 2024.

Who is building Red Square?

The registered developer is Tiger Properties. It has 8 other projects under construction in Dubai.

Which bank holds the escrow account for Red Square?

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.

Red Square construction progress

Red Square in Jumeirah Village Triangle is 27% built at the Land Department inspection of March 2026. Developer Tiger Properties.

27%

Built, at the Land Department site inspection of 27 March 2026

Finish at recent pace: March 2029
Construction started: January 2024
Registered with the Land Department: February 2024
Developer: Tiger Properties
Community: Jumeirah Village Triangle
Units: 835
Escrow bank: First Abu Dhabi Bank
Name in Arabic: ريد سكوير
Land Department project number: 2789
Land Department site inspections: 4

Schedule

Since July 2025 Red Square has added about 2.0 points a month. At that rate the site reaches 100% around March 2029. The Land Department has no completion date on record to compare it with.

Progress at each Land Department site inspection

Site inspections

27 March 2026

27%+18 pts

3 July 2025

8.8%+1.6 pts

12 February 2025

7.2%+7.2 pts

19 January 2024

All 18 site photos, by inspection date

Context

Jumeirah Village Triangle has 31 projects under construction, 28% built on average.

Tiger Properties has 9 projects under construction in Dubai; 1 has passed its registered completion date.

Own a unit in Red Square?

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.

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Questions

When will Red Square be completed?: The Land Department has no completion date on record for Red Square yet.
How much of Red Square is built?: 27%, measured at the Land Department site inspection on 27 March 2026. The Land Department engineers have inspected the site 4 times since January 2024.
Who is building Red Square?: The registered developer is Tiger Properties. It has 8 other projects under construction in Dubai.
Which bank holds the escrow account for Red Square?: 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.

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.