Al Saqran Tower - Jumeirah Lake Towers

Al Saqran Tower , developed by Worldwide Project Management is a 37 storey residential building. Located in Cluster R in Jumeirah Lake Towers, Dubai this project contains just studios and 1 bedrooms apartments. The project has been plagued with constant construction delays; as of May 2016 it is not clear exactly what delivery timelines are - even though there has been at least some minimal progress on site over the past 24 months.

Master Community: Jumeirah Lake Towers
Property Types Available: Apartments
Location: Sheikh Zayed Road
Cluster: R
Status: Under Construction
Year Launched: 2005
Developer: Al Masah International
Title Type: Freehold
Quality Classification: Mid-end
Height Classification: High-rise
Life Cycle: On-Hold
Floors: 37
Height: 130 meters reports prices and transactional information for Jumeirah Lake Towers

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About Al Saqran Tower

General Guide

- Al Saqran Tower is located in Cluster R in Jumeirah Lake Towers (Plot R3). The two other buildings in the cluster are Mag 214 and Al Waleed Paradise - both residential buildings.

- This project sold out rapidly during 2008; the building consists of just studios and 1 bedrooms of relatively smaller sizes (the studios were as small as 330 sq. ft.).

- One of the main selling points of Al Saqran was its proximity to the JLT metro-station.

- Unfortunately, this project has been plagued with construction delays for many years. There were many towers in Dubai which continued with construction even after the market downturn, but Al Saqran Tower was not one of them. Even with the market upswing in 2013 which saw many stalled projects revived, Al Saqran has lagged behind.

- In 2013, some limited work resumed on site but progress has been painfully slow. It is still not clear (as of Q2 2016) what the exact status of the building is and who exactly is responsible.

Project Completion Status (as per DLD): 39.65% (as of 10 July 2018)

Dubai Land Classification & Escrow Account Details:

Land Number: 59

Project Number: 818


Trust Account Number: 00110606970010

Account Trustee Name: NOOR BANK

RERA Permit No:: 15128

Brokerage Firm: Taktical Realty Group LLC

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