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Sea Horse Villa construction progress

Sea Horse Villa in The World is 50% built according to the Land Department. Developer T H O E Real Estate Development.

50%

Built, as listed in the Land Department register

Construction started
November 2023
Registered with the Land Department
November 2023
Community
The World
Units
1
Escrow bank
Emirates Islamic Bank
Name in Arabic
الفلل العائمة
Land Department project number
1018

Context

The World has 7 projects under construction, 65% built on average.

T H O E Real Estate Development has 4 projects under construction in Dubai; 1 has passed its registered completion date.

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Questions

When will Sea Horse Villa be completed?
The Land Department has no completion date on record for Sea Horse Villa yet.
How much of Sea Horse Villa is built?
The Land Department lists the project at 50%. No dated site inspection is on record for it yet.
Who is building Sea Horse Villa?
The registered developer is T H O E Real Estate Development. It has 3 other projects under construction in Dubai.
Which bank holds the escrow account for Sea Horse Villa?
Emirates 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.