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Vestoria Bay construction progress

Vestoria Bay in Palm Deira is 3.6% built at the Land Department inspection of October 2026. Developer Ahmadyar Real Estate Development. Completion registered for November 2027.

3.6%

Built, at the Land Department site inspection of 2 October 2026

Running behind its date

Completion date (Land Department)
November 2027
Finish at recent pace
August 2054
Construction started
November 2025
Registered with the Land Department
November 2025
Developer
Ahmadyar Real Estate Development
Community
Palm Deira
Units
63
Escrow bank
Abu Dhabi Islamic Bank
Name in Arabic
فيزيتوريا بي
Land Department project number
3858
Land Department site inspections
2

Schedule

Between September 2025 and October 2026 the site added about 0.3 points a month. At that rate it would finish around August 2054, more than three months after the November 2027 date registered with the Land Department.

0%25%50%75%100%20262027
Progress at each Land Department site inspectionStraight line from start to the Land Department completion date

Site inspections

2 October 2026

3.6%+3.6 pts

  • Vestoria Bay construction site, Land Department inspection photo 1, 2 October 2026
  • Vestoria Bay construction site, Land Department inspection photo 2, 2 October 2026
  • Vestoria Bay construction site, Land Department inspection photo 3, 2 October 2026
  • Vestoria Bay construction site, Land Department inspection photo 4, 2 October 2026

16 September 2025

0%

  • Vestoria Bay construction site, Land Department inspection photo 1, 16 September 2025
  • Vestoria Bay construction site, Land Department inspection photo 2, 16 September 2025

All 8 site photos, by inspection date

Context

Palm Deira has 95 projects under construction, 22% built on average. Vestoria Bay is behind that average.

Ahmadyar Real Estate Development has 2 projects under construction in Dubai; 1 has passed its registered completion date.

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Questions

When will Vestoria Bay 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 August 2054. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Vestoria Bay is built?
3.6%, measured at the Land Department site inspection on 2 October 2026. The Land Department engineers have inspected the site 2 times since September 2025.
Is Vestoria Bay 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 Vestoria Bay?
The registered developer is Ahmadyar Real Estate Development. It has 1 other project under construction in Dubai.
Which bank holds the escrow account for Vestoria Bay?
Abu Dhabi Islamic 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.