The Meriva Collection is a mixed-height residential and hotel development on Palm Deira, part of Dubai Islands. It recorded 451 purchases in 2026 at a median of AED 4,037,828, or AED 3,448 per square foot — above the Business Bay median. The register shows AED 1.1 billion declared, escrow open, construction at 0% and completion filed for 31 December 2031, one of the longest windows we cover.
The project is located in Palm Deira, Dubai Islands. The surrounding area functions as a residential area and shows active buyer and rental demand. It is better suited to medium to long-term residential demand than short-term speculation.
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The Meriva Collection exterior

The Meriva Collection Payment Plan & Handover Date

Crestarc Developers • Palm Deira, Dubai Islands • Handover 31 December 2031 (DLD registered)

AED 4.0M starting

Handover
31 December 2031
Developer
Crestarc Developers
AI snapshot
✨
Median price paid AED 4,037,828

Key signal

✨
Median per sqft AED 3,448

Key signal

✨
Registered completion 31 Dec 2031

Key signal

Starting price AED 4.0M
To reserve (20%) AED 807,566
Payment plan 20/40/40
Handover 31 December 2031 DLD registered
Median paid / sqft AED 3,448
Est. gross yield 5–6%
Location Palm Deira, Dubai Islands

The Meriva Collection Payment Plan & Down Payment

20/40/40 — 20% on booking, 40% during construction, 40% on handover.

Down payment: 20% on booking, about AED 807,566 at the entry price, plus the 4% DLD fee at registration.

Milestone%Entry price (AED 4.0M)Median paid (AED 4.02M)
On booking20% AED 807,566AED 804,766
During construction40% AED 1,615,131AED 1,609,531
On handover40% AED 1,615,131AED 1,609,531
DLD transfer fee, on purchase4% AED 161,513AED 160,953
Cash needed before handover60% + fee AED 2,584,210AED 2,575,250
On handover40% AED 1,615,131AED 1,609,531

The median is of 473 purchases recorded by the Dubai Land Department in 2026 — a more realistic basis than the entry price unless you are buying the cheapest unit. Excludes Oqood registration, trustee and service charges; confirm every figure against your sale agreement. Compare payment plans across every Dubai project →

Handover 31 December 2031 (DLD registered) · DLD register: 31 December 2031
Built so far 0% complete in the DLD register, 22 Sep 2026

If the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.

What Actually Sold at The Meriva Collection

What buyers actually paid, from Dubai Land Department records. Data as of 22 Sep 2026.

Recorded sales 473
Median price paid AED 4,023,828 +-0% vs the AED 4,037,828 advertised entry price — the advertised figure is the smallest unit, so most buyers pay well above it
Median price per sqft AED 3,448
Most-bought size 1 B/R 212 of 470 sales where the size was recorded

Buying pace through the year

231 Apr
119 May
50 Jun
35 Jul
22 Aug
16 Sep

What buyers bought

Unit sizeSalesShare
1 B/R 212 45%
2 B/R 192 41%
3 B/R 56 12%
4 B/R 10 2%

What the DLD register records

Registered units939
Escrow account Open — units may lawfully be sold
Registered completion 31 Dec 2031 — marketed as 31 December 2031 (DLD registered)
Construction progress0% complete

Where the registered completion date and the marketed handover date differ, the date in your sale agreement is the one that governs. Get it in writing.

Source: Dubai Land Department, 2026. Medians move as more sales register, and do not separate developer sales from resales.

Own a unit here? See what it is worth from these sales → · Search every Dubai off-plan sale →

Before You Pay: Check The Meriva Collection Against the DLD Register

Marketing material is written by the seller. The Dubai Land Department register is not. These are the facts filed with the government for this project — escrow status, unit count, construction progress and the completion date on record. Free, no email needed.

The Meriva Collection Handover Date & Construction Progress

What the Dubai Land Department register records for The Meriva Collection as of 15 October 2026: how far it is built, the completion date filed with the DLD, and whether the escrow account is open. We track buildings registered or due to complete in 2026; phases outside that window are not listed.

The Meriva Collection Escrow open
0% built · completion filed for 31 Dec 2031

The completion date that binds the developer is the one in your sale agreement (SPA) or Oqood. If it differs from the DLD filing above, ask why before you pay. What the escrow rules require →

Dubai project status tracking: see every project on the DLD register, how much is built and how it has moved →

Property Overview

Type Apartment
Purpose For sale
Completion Off-plan
Developer Crestarc Developers
Ownership Freehold
Handover date 31 December 2031 (DLD registered)
Usage Residential

The Meriva Collection unit types & floor plans

UnitFromShare of recorded sales
1 Bed Apartment AED 4,037,828 45%
2 Bed Apartment – 41%
3 Bed Apartment – 12%
4 Bed Apartment – 2%

Share of 470 Dubai Land Department sales in 2026 where the unit size was recorded — the layout most people bought is the one you will compete with at resale. Floor plans: not published in a form we can verify — ask the developer for the plan of your exact unit and floor before you commit.

Will The Meriva Collection hand over on time?

The filed date is consistent with the work remaining

Completion is filed for 31 December 2031, 62 months away, with construction at 0%. On the register that schedule is consistent with the amount of work left, though a filed date is never a contractual one — get the date and its penalties into your agreement.

  • Filed completion31 December 2031
  • Months remaining62
  • Registered units939
Computed from the Dubai Land Department register. A filed completion date is not a contractual one — the date in your sale agreement, and its penalty clause, is the one that binds the developer.

The Meriva Collection Location & Master Plan

Metro Planned / nearby stations
Roads Key Dubai arterial roads
Nearby Dubai Mall, DXB Airport, Creek Marina

Amenities & Facilities

Waterfront setting On-site hotel and serviced amenities Swimming pools Fitness and wellness facilities Landscaped podium and open space Retail and dining Covered parking 24/7 security

Is The Meriva Collection a good investment? Our view

A AED 1.1bn mixed-height waterfront scheme on Dubai Islands at AED 3,448/sqft — above Business Bay — with escrow open but a five-year window from 0% construction.

Who it suits

Suited to buyers wanting a waterfront address in a new island district, with no studio competition and a hotel-supported masterplan, who can leave capital committed for five years. Poorly suited to yield-first investors or anyone needing an established neighbourhood.

For investors

Start with what the register verifies. Escrow is open, AED 1.1 billion is declared, and the scheme is a genuine masterplan rather than a single tower — a twenty-storey high-rise, two ten-storey mid-rises, two six-storey buildings, a low-rise residence and a five-storey hotel. A hotel component usually means better-managed shared facilities and a more consistent standard, which supports resale.

The unit mix helps too: 204 one-bedrooms, 181 two-bedrooms, 55 three-bedrooms and 8 four-bedrooms, with no studios at all in 451 recorded sales. You are entirely outside Dubai's most oversupplied product. Now the two things that decide it.

Price: AED 3,448 per square foot is above Business Bay's AED 3,361, so you are paying central-district rates for a district that does not exist yet in any meaningful sense. Dubai Islands may well justify that in a decade — reclaimed waterfront with limited supply usually does — but you are buying the plan, not the place. And time: 31 December 2031 against 0% construction in August 2026 is a five-year-plus window, among the longest we cover.

Five years of committed capital, no income, and an exit that runs through resale rather than a completed asset. Compare that deliberately against near-term stock before committing; a 2027 handover starts earning four years sooner. With 231 of 451 sales in April alone, launch pricing has also gone.

If you will live there

For an end user this is a waterfront apartment in a masterplanned island district with a hotel and supporting amenities, in a building with real one, two and three-bedroom layouts and no studios. Escrow is open, which protects your deposit. The decisive caveat is timing: completion is filed for the end of 2031 and construction had not started as of August 2026, so this is a home you plan for at length rather than move into.

How Dubai Islands compares

Thinking about The Meriva Collection? See how its area stacks up on recorded prices, unit mix and delivery.

FAQs

What do buyers actually pay at The Meriva Collection?

Across 451 recorded Dubai Land Department purchases in 2026 the median paid is AED 4,037,828, at AED 3,448 per square foot. That is above the Business Bay district median of AED 3,361 and comparable to branded stock — you are paying central-district rates for a waterfront district that is still being built.

When does The Meriva Collection hand over?

The register files 31 December 2031, with construction logged at 0% in August 2026. That is a five-year-plus window from a standing start, among the longest in our coverage. Compare it deliberately against near-term stock — a 2027 handover starts earning four years sooner — and get the contractual date into your sale agreement.

Is the escrow account open for The Meriva Collection?

Yes — the DLD register shows escrow open on a declared project value of AED 1.1 billion. Escrow is the legal gate before off-plan units can lawfully be sold and the mechanism protecting your deposit. Ask for the account number in writing and confirm your payments go into it.

What is being built at The Meriva Collection?

A mixed-height masterplan rather than a single tower: a basement-plus-ground-plus-twenty-storey high-rise, two ten-storey mid-rises, two six-storey buildings, a two-storey residence and a five-storey hotel, with supporting amenities. A hotel component usually means better-managed shared facilities, but also a longer and more complex build.

Are there studios at The Meriva Collection?

No. Recorded sales were 204 one-bedrooms, 181 two-bedrooms, 55 three-bedrooms and 8 four-bedrooms, with no studios at all. In a 451-sale development that keeps you entirely out of Dubai's most oversupplied product and broadens the tenant pool considerably.

Where is Dubai Islands and is it a good place to buy?

Dubai Islands is the reclaimed island group formerly known as Palm Deira, off the historic Deira waterfront in northern Dubai. Reclaimed waterfront with limited supply has historically justified a premium in Dubai over long horizons. The honest caveat is that the district does not meaningfully exist yet — you are buying the masterplan rather than a place you can visit and assess.

Is The Meriva Collection a good investment?

The verifiable positives are real: escrow open, a genuine masterplan with a hotel component, no studio competition and a waterfront position with structurally limited supply. The constraints are price and time. At AED 3,448 per square foot you pay above Business Bay for a district still being built, and a 31 December 2031 completion from 0% means five years of committed capital before any income. It suits a deliberate long hold on Dubai Islands, not an income strategy.

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Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 13 Oct 2026.

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