42 East Residences construction progress
42 East Residences in Palm Deira is 2.5% built at the Land Department inspection of June 2026. Developer Gramercy Real Estate Development. Completion registered for April 2028.
2.5%
Built, at the Land Department site inspection of 16 June 2026
Running behind its date
- Completion date (Land Department)
- April 2028
- Finish at recent pace
- December 2054
- Construction started
- September 2025
- Registered with the Land Department
- October 2025
- Developer
- Gramercy Real Estate Development
- Community
- Palm Deira
- Units
- 42
- Escrow bank
- Ajman Bank
- Name in Arabic
- إيست ريزيدنسز 42
- Land Department project number
- 4094
- Land Department site inspections
- 3
Schedule
Between September 2025 and June 2026 the site added about 0.3 points a month. At that rate it would finish around December 2054, more than three months after the April 2028 date registered with the Land Department.
Site inspections
16 June 2026
2.5%+1.3 pts
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3 March 2026
1.2%+1.2 pts
18 September 2025
0%
Context
Palm Deira has 95 projects under construction, 22% built on average.
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Notify me when it launchesQuestions
- When will 42 East Residences be completed?
- The completion date registered with the Dubai Land Department is April 2028. At the pace of its recent inspections the site would reach 100% around December 2054. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of 42 East Residences is built?
- 2.5%, measured at the Land Department site inspection on 16 June 2026. The Land Department engineers have inspected the site 3 times since September 2025.
- Is 42 East Residences delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of April 2028.
- Who is building 42 East Residences?
- The registered developer is Gramercy Real Estate Development.
- Which bank holds the escrow account for 42 East Residences?
- Ajman 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.
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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.