License expires Sep 2026
DEVAL REAL ESTATE DEVELOPMENT L.L.C
License #742542 · Registered 2016 · 50% avg completion
Comprehensive DLD data · Based on 6 DLD-registered projects
01Developer track record
SOLID TRACK RECORD
3 completed, 2 under construction. Verify delivery history before committing. Average yield 9.0%. Best performer: Elegance by Chaimaa Holding (#339). License renewal due Sep 2026 — verify before committing to under-construction projects.
Top projects by rank: Elegance by Chaimaa Holding (#339), Chaimaa Avenue 2 (#488), Chaimaa Avenue (#762)
02Key numbers
Total projects
6
DLD registered
Completed
3
50% done
Under construction
2
in progress
Avg yield
9.0%
on par / above
Sales (12m)
38
transactions
Rent contracts (12m)
182
strong demand
Occupancy
34%
182 / 542 units
03Portfolio breakdown
6
projects
Completed3
Under construction2
Pending1
Recent completion track record
CHAIMAA PREMIEREfinished
Chaimaa Avenuefinished
Chaimaa Avenue 2finished
Elegance by Chaimaa Holding2024
—in progress
04Risk assessment
caution
License expires before handover
License #742542 expires Sep 2026, while several projects have handover dates in 2026–2028. Verify renewal plan before buying under-construction units.
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| Elegance by Chaimaa HoldingactiveAl Barsha South Fourth | #339 | 9.2% | — | — | 12.408 | Check a quote → |
| Chaimaa Avenue 2finishedAl Barsha South Fourth | #488 | 10.3% | — | — | 10.402 | Check a quote → |
| Chaimaa AvenuefinishedAl Barsha South Fourth | #762 | 9.3% | — | — | 9.764 | Check a quote → |
| CHAIMAA PREMIEREfinishedAl Barsha South Fourth | #1580 | 7.1% | — | — | 10.119 | Check a quote → |
| —activeWadi Al Safa 3 | — | — | — | — | 0 | Check a quote → |
| —pendingPalm Deira | — | — | — | — | 0 | Check a quote → |
06Before you buy from this developer
critical
Verify license renewal plan
License #742542 expires Sep 2026. Confirm renewal status before any commitment on active/pending projects.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
verify
Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: MEDIUM
DEVAL REAL ESTATE DEVELOPMENT L.L.C has 3 completed projects. Completed projects carry lower developer risk than off-plan.
Use this sponsor history as context, then run Offer Verdict on any real DEVAL REAL ESTATE DEVELOPMENT L.L.C quote before you negotiate or reserve.
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