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Capital Horizon Terraces construction progress

Capital Horizon Terraces in Palm Deira is 4.4% built at the Land Department inspection of September 2026. Developer Capital International Real Estate Developer. Completion registered for October 2026.

4.4%

Built, at the Land Department site inspection of 15 September 2026

Running behind its date

Completion date (Land Department)
October 2026
Finish at recent pace
April 2065
Construction started
November 2024
Registered with the Land Department
January 2025
Developer
Capital International Real Estate Developer
Community
Palm Deira
Units
63
Escrow bank
Mashreq Bank
Name in Arabic
كابيتال هورايزون تيراسيس
Land Department project number
3401
Land Department site inspections
2

Schedule

Between December 2024 and September 2026 the site added about 0.2 points a month. At that rate it would finish around April 2065, more than three months after the October 2026 date registered with the Land Department.

0%25%50%75%100%20252026
Progress at each Land Department site inspectionStraight line from start to the Land Department completion date

Site inspections

15 September 2026

4.4%+4.4 pts

  • Capital Horizon Terraces construction site, Land Department inspection photo 1, 15 September 2026
  • Capital Horizon Terraces construction site, Land Department inspection photo 2, 15 September 2026
  • Capital Horizon Terraces construction site, Land Department inspection photo 3, 15 September 2026
  • Capital Horizon Terraces construction site, Land Department inspection photo 4, 15 September 2026

4 December 2024

0%

  • Capital Horizon Terraces construction site, Land Department inspection photo 1, 4 December 2024
  • Capital Horizon Terraces construction site, Land Department inspection photo 2, 4 December 2024

All 8 site photos, by inspection date

Context

Palm Deira has 95 projects under construction, 22% built on average.

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Questions

When will Capital Horizon Terraces be completed?
The completion date registered with the Dubai Land Department is October 2026. At the pace of its recent inspections the site would reach 100% around April 2065. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Capital Horizon Terraces is built?
4.4%, measured at the Land Department site inspection on 15 September 2026. The Land Department engineers have inspected the site 2 times since December 2024.
Is Capital Horizon Terraces delayed?
It is running behind. At the rate of the last year it would finish more than three months after its registered date of October 2026.
Who is building Capital Horizon Terraces?
The registered developer is Capital International Real Estate Developer.
Which bank holds the escrow account for Capital Horizon Terraces?
Mashreq 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.