Coral Isle Residences construction progress
Coral Isle Residences in Palm Deira is 7.2% built at the Land Department inspection of August 2026. Developer Grovy Homes Real Estate Development. Completion registered for March 2027.
7.2%
Built, at the Land Department site inspection of 17 August 2026
Running behind its date
- Completion date (Land Department)
- March 2027
- Finish at recent pace
- August 2033
- Construction started
- April 2025
- Registered with the Land Department
- May 2025
- Developer
- Grovy Homes Real Estate Development
- Community
- Palm Deira
- Units
- 68
- Escrow bank
- Zand Bank
- Name in Arabic
- كورال آيل ريزيدنس
- Land Department project number
- 3322
- Land Department site inspections
- 3
Schedule
Between April 2026 and August 2026 the site added about 1.1 points a month. At that rate it would finish around August 2033, more than three months after the March 2027 date registered with the Land Department.
Site inspections
17 August 2026
7.2%+5.0 pts
1 April 2026
2.1%+2.1 pts
4 February 2025
0%
Context
Palm Deira has 95 projects under construction, 22% built on average.
Grovy Homes Real Estate Development has 2 projects under construction in Dubai, none past their registered completion dates.
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Notify me when it launchesQuestions
- When will Coral Isle Residences be completed?
- The completion date registered with the Dubai Land Department is March 2027. At the pace of its recent inspections the site would reach 100% around August 2033. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Coral Isle Residences is built?
- 7.2%, measured at the Land Department site inspection on 17 August 2026. The Land Department engineers have inspected the site 3 times since February 2025.
- Is Coral Isle 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 March 2027.
- Who is building Coral Isle Residences?
- The registered developer is Grovy Homes Real Estate Development. It has 1 other project under construction in Dubai.
- Which bank holds the escrow account for Coral Isle Residences?
- Zand 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.
- RivoAlso by Grovy Homes Real Estate Development. 7.0%, Due December 2027.
- Bay Residences Dubai IslandsNearby in Palm Deira. 48%, Due October 2026.
- Beach Residences Dubai IslandsNearby in Palm Deira. 29%.
- Bay Villas - Dubai IslandsNearby in Palm Deira. 23%, Due May 2027.
- Edgewater ResidencesNearby in Palm Deira. 48%.
- 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.