When will Elaya be completed?

The Land Department has no completion date on record for Elaya yet.

How much of Elaya is built?

52%, measured at the Land Department site inspection on 30 April 2026. The Land Department engineers have inspected the site 5 times since February 2024.

Who is building Elaya?

The registered developer is Nshama Properties. It has 22 other projects under construction in Dubai.

Which bank holds the escrow account for Elaya?

First Abu Dhabi 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.

Elaya construction progress

Elaya in Town Square is 52% built at the Land Department inspection of April 2026. Developer Nshama Properties.

52%

Built, at the Land Department site inspection of 30 April 2026

Finish at recent pace: May 2027
Construction started: September 2024
Registered with the Land Department: March 2024
Developer: Nshama Properties
Community: Town Square
Units: 153
Escrow bank: First Abu Dhabi Bank
Name in Arabic: إيلايا
Land Department project number: 2986
Land Department site inspections: 5

Schedule

Since October 2025 Elaya has added about 3.8 points a month. At that rate the site reaches 100% around May 2027. The Land Department has no completion date on record to compare it with.

Progress at each Land Department site inspection

Site inspections

30 April 2026

52%+10 pts

9 January 2026

42%+15 pts

6 October 2025

26%+20 pts

24 January 2025

6.2%+6.2 pts

26 February 2024

All 26 site photos, by inspection date

Context

Town Square has 19 projects under construction, 30% built on average.

Nshama Properties has 23 projects under construction in Dubai, none past their registered completion dates.

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Questions

When will Elaya be completed?: The Land Department has no completion date on record for Elaya yet.
How much of Elaya is built?: 52%, measured at the Land Department site inspection on 30 April 2026. The Land Department engineers have inspected the site 5 times since February 2024.
Who is building Elaya?: The registered developer is Nshama Properties. It has 22 other projects under construction in Dubai.
Which bank holds the escrow account for Elaya?: First Abu Dhabi 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.