Maison Margiela Residences
Alta's 25 Maison Margiela branded homes on Palm Jumeirah. Registered completion date 27 March 2028; 6.38% built in October 2026. Prices from AED 16.5 million and the 60/40 payment plan.
Short answer
Maison Margiela Residences, a block of 25 branded homes by Alta Real Estate Development on the East Crescent of Palm Jumeirah, has a registered completion date of 27 March 2028. The Dubai Land Department (DLD) inspection of 5 October 2026 recorded 6.38% complete, up only 0.51 points since July. Homes start from AED 16.5 million for a 2 bedroom, with 40% of the price due on handover.
- Status
- under construction
- Handover date
- DLD registered completion 27 Mar 2028; brokers give Q1 2028
- Construction
- 6.38% complete (DLD inspection, 5 Oct 2026)
- Payment plan
- 60% during construction (5% booking, 15% after one month, four 10% instalments), 40% on handover
- Starting price
- From AED 16.5 million (developer, via Continental Club)
Registered completion date
27 Mar 2028
DLD project register via Continental Club and Mitchells
Construction progress
6.38%
DLD inspection, 5 Oct 2026
Homes
25
Including one 5 bedroom penthouse (DLD register; Alta)
Starting price
AED 16.5 million
2 bedroom of 2,572 sq ft (developer, via Continental Club)
When will Maison Margiela Residences be handed over?
The Dubai Land Department (DLD) register gives Maison Margiela Residences a completion date of 27 March 2028. Brokers list Q1 2028 (Palmera; OPR), and one broker’s copy of the payment schedule puts the final payment on handover on 28 March 2028 (dxboffplan). All sources point to the same quarter.
The DLD inspection of 5 October 2026 recorded 6.38% complete (DLD register via Continental Club). That is up from 5.87% on 2 July 2026, a gain of 0.51 points in three months. Reaching 100% by 27 March 2028 would need more than five points a month. Continental Club’s straight-line estimate, from the earlier pace of about 0.43 points a month, gave 100% around December 2044. That is a calculation, not a developer date.
Building-by-building dates and how the date has changed: Maison Margiela Residences handover date.
Maison Margiela Residences construction update
Construction started on 28 March 2025, and the project was registered on 21 October 2025 (DLD register via dxboffplan). The DLD project number is 3716 and the escrow bank is Emirates NBD. Inspections recorded 1.43% on 18 August 2025, 1.89% on 22 September 2025, 4.05% on 31 March 2026, 5.87% on 2 July 2026 and 6.38% on 5 October 2026 (Continental Club; Mitchells).
The building has a basement, ground floor, 12 upper floors and a roof (OPR). Maison Margiela, part of the OTB Group, designed the interiors with Italian architect Carlo Colombo (Alta, October 2025).
Maison Margiela Residences homes and sizes
| Home type | Size |
|---|---|
| 2 bedroom | 2,572 sq ft |
| 3 bedroom | 3,585 to 4,699 sq ft |
| 4 bedroom | 5,207 sq ft |
| 4 bedroom duplex | 6,743 sq ft |
| 5 bedroom penthouse (La Maison Blanche) | 18,803 sq ft |
Sizes are from floor plans published by Continental Club, and Property Junction gives a similar range. The register lists 25 homes. Alta describes the collection as 25 residences including one penthouse. No source publishes a count by home type.
Maison Margiela Residences prices and resale
Continental Club gives a developer starting price of AED 16.5 million, which on the 2,572 sq ft 2 bedroom is about AED 6,415 per sq ft. Palmera lists starting prices of AED 23.33 million for a 3 bedroom, AED 33.845 million for a 4 bedroom and AED 122.22 million for the 5 bedroom penthouse (accessed 11 October 2026).
No home sales are on the DLD register yet. PropertyIndex finds no qualifying sale transactions. The register does show sales of the plot itself, about 5,230 sq m: AED 78 million on 16 February 2017, AED 90.07 million on 23 March 2022 and AED 190 million on 2 August 2023 (Mitchells). Continental Club also lists a plot-sized transaction of AED 215 million on 1 October 2025. With no unit sales recorded, there is no resale price evidence yet.
Maison Margiela Residences payment plan
The plan is sold as 60/40. Dxboffplan’s schedule shows 5% on booking, 15% one month later, 10% each on 30 June 2026, 31 December 2026, 30 June 2027 and 31 October 2027, and 40% on handover. Continental Club and Palmera summarise it as 5% down, 55% during construction and 40% on handover. On a AED 16.5 million 2 bedroom, the handover payment is AED 6.6 million. The construction instalments are on fixed calendar dates, so most of the 60% falls due whatever the pace of building.
Maison Margiela Residences developer and delivery record
Alta Real Estate Development is led by managing director Abdulla Al Tayer (Alta). Its project with Maison Margiela is described as the fashion house’s first residential project anywhere. OPR says the building will be managed by Savills. The sources used here do not list completed Alta buildings, so there is no published record of Alta delivering against registered dates.
What to check before buying at Maison Margiela Residences
- The progress-to-payment gap. Four 10% instalments fall due by 31 October 2027 on fixed dates, while the building was 6.38% complete in October 2026.
- The SPA completion date and grace period, against the registered 27 March 2028.
- The price paid against the plot history. No unit sales are registered, so asking prices cannot yet be compared with DLD sales.
- The next DLD inspection, which will show whether the pace has picked up from 0.51 points between July and October 2026.
Maison Margiela Residences location: Palm Jumeirah, Dubai
Map shows the area. Check the exact plot in the developer's site plan or the DLD project record. Check any project's DLD status.
Research on Maison Margiela Residences
Questions buyers also ask
What is the Maison Margiela Residences handover date?
The DLD register gives a completion date of 27 March 2028, and brokers list Q1 2028. At the DLD inspection of 5 October 2026 the building was 6.38% complete (DLD register via Continental Club).
What is the Maison Margiela Residences completion date?
27 March 2028 on the DLD register. A broker payment schedule puts the final 40% on 28 March 2028 (dxboffplan). Progress of 6.38% in October 2026 leaves about 94 points to build in under 18 months.
What is the Maison Margiela Residences price?
From AED 16.5 million for a 2 bedroom, about AED 6,415 per sq ft. Palmera lists 3 bedrooms from AED 23.33 million, 4 bedrooms from AED 33.845 million and the 5 bedroom penthouse from AED 122.22 million. No unit sales are on the DLD register yet.
What is the Maison Margiela Residences payment plan?
5% on booking, 15% one month later, four instalments of 10% between June 2026 and October 2027, and 40% on handover (dxboffplan). Continental Club and Palmera summarise it as 5% down, 55% during construction and 40% on handover.