When will Santorini Residences By Loutraki be completed?

The Land Department has no completion date on record for Santorini Residences By Loutraki yet. It appears once the developer registers the construction timeline.

How much of Santorini Residences By Loutraki is built?

43%, measured at the Land Department site inspection on 23 April 2026. The Land Department engineers have inspected the site 6 times since September 2023.

Who is building Santorini Residences By Loutraki?

The registered developer is Loutraki Real Estate.

Which bank holds the escrow account for Santorini Residences By Loutraki?

Abu Dhabi Commercial 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.

Santorini Residences By Loutraki construction progress

Santorini Residences By Loutraki in Jumeirah Village Triangle is 43% built at the Land Department inspection of April 2026. Developer Loutraki Real Estate.

43%

Built, at the Land Department site inspection of 23 April 2026

Finish at recent pace: February 2028
Construction started: March 2024
Registered with the Land Department: March 2024
Developer: Loutraki Real Estate
Community: Jumeirah Village Triangle
Units: 169
Escrow bank: Abu Dhabi Commercial Bank
Name in Arabic: سانتوريني ريزيدنسيز من لوتراكي
Land Department project number: 2774
Land Department site inspections: 6

Schedule

Since August 2025 Santorini Residences By Loutraki has added about 2.6 points a month. At that rate the site reaches 100% around February 2028. The Land Department has no completion date on record to compare it with.

Progress at each Land Department site inspection

Site inspections

23 April 2026

43%+11 pts

14 January 2026

32%+12 pts

1 August 2025

20%+7.9 pts

17 March 2025

12%+7.2 pts

27 August 2024

5.2%+5.2 pts

26 September 2023

All 34 site photos, by inspection date

Context

Jumeirah Village Triangle has 31 projects under construction, 28% built on average. Santorini Residences By Loutraki is ahead of that average.

Own a unit in Santorini Residences By Loutraki?

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 handover

Questions

When will Santorini Residences By Loutraki be completed?: The Land Department has no completion date on record for Santorini Residences By Loutraki yet. It appears once the developer registers the construction timeline.
How much of Santorini Residences By Loutraki is built?: 43%, measured at the Land Department site inspection on 23 April 2026. The Land Department engineers have inspected the site 6 times since September 2023.
Who is building Santorini Residences By Loutraki?: The registered developer is Loutraki Real Estate.
Which bank holds the escrow account for Santorini Residences By Loutraki?: Abu Dhabi Commercial 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.