Royal Yacht Club Residence construction progress
Royal Yacht Club Residence in Palm Deira is 15% built at the Land Department inspection of June 2026. Developer Azimuth Development. Completion registered for November 2027.
15%
Built, at the Land Department site inspection of 18 June 2026
Running behind its date
- Completion date (Land Department)
- November 2027
- Finish at recent pace
- June 2033
- Construction started
- May 2025
- Registered with the Land Department
- November 2025
- Developer
- Azimuth Development
- Community
- Palm Deira
- Units
- 147
- Escrow bank
- Emirates NBD
- Name in Arabic
- رويال ياتش كلوب ريزيدنس
- Land Department project number
- 3770
- Land Department site inspections
- 2
Schedule
Between July 2025 and June 2026 the site added about 1.0 points a month. At that rate it would finish around June 2033, more than three months after the November 2027 date registered with the Land Department.
Site inspections
18 June 2026
15%+12 pts
8 July 2025
3.1%
Context
Palm Deira has 95 projects under construction, 22% built on average.
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Notify me when it launchesQuestions
- When will Royal Yacht Club Residence be completed?
- The completion date registered with the Dubai Land Department is November 2027. At the pace of its recent inspections the site would reach 100% around June 2033. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Royal Yacht Club Residence is built?
- 15%, measured at the Land Department site inspection on 18 June 2026. The Land Department engineers have inspected the site 2 times since July 2025.
- Is Royal Yacht Club Residence delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of November 2027.
- Who is building Royal Yacht Club Residence?
- The registered developer is Azimuth Development.
- Which bank holds the escrow account for Royal Yacht Club Residence?
- Emirates NBD. 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.