KM

Development Master Identity

Fiscal Budget & Schedule

AED
AED
Includes 1-year DLD grace period buffer

DLD / RERA Construction Milestones & Escrow Release Schedule

Fixed at contract launch per Dubai Land Department project regulations
Milestone Code Stage Description Target % Certified Date RERA Escrow Release % Status Action
MS-01 Mobilization, Shoring & Piling Complete 10.0% 15-May-2024 10.0% of Trust Funds Completed & DLD Certified
MS-02 Substructure & Raft Foundation Slab Complete 20.0% 20-Nov-2024 10.0% of Trust Funds Completed & DLD Certified
MS-03 Podium Levels P1 to P4 Structure Cast 35.0% 15-May-2025 15.0% of Trust Funds Completed & DLD Certified
MS-04 Level 24 Typical Floor Slab Complete 60.0% 15-Aug-2026 25.0% of Trust Funds Completed & DLD Certified
MS-05 Superstructure Top-Out (Level 42 Roof Slab) 80.0% 15-Jan-2027 20.0% of Trust Funds In Progress (68% Current)
MS-06 MEP, Facade Glazing & Building Handover / BCC 100.0% 30-Jun-2027 20.0% Final Release Scheduled
Project assigned to Marina Heights Development LLC (RERA #1842)
Cancel