License expires Jul 2026
DEVCO REAL ESTATE DEVELOPMENT L.L.C reviews: Dubai projects & DLD sales
License #966016 · Registered 2021 · 50% avg completion
Comprehensive DLD data · Based on 2 DLD-registered projects
DLD portfolio snapshot for DEVCO REAL ESTATE DEVELOPMENT L.L.C: 2 registered projects (1 completed, 1 under construction), 48 registered sales in the last 12 months, portfolio yield ~5.9%. Use this as sponsor context before you reserve — then run Offer Verdict on any live quote.
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01Developer track record
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1 completed, 1 under construction. Verify delivery history before committing. Average yield 5.9%. Best performer: Sensoria at Five Luxe (#1728). License renewal due Jul 2026 — verify before committing to under-construction projects.
Top projects by rank: Sensoria at Five Luxe (#1728), FIVE LUXE (#1802)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
1
in progress
Avg yield
5.9%
on par / above
Sales (12m)
48
transactions
Rent contracts (12m)
19
strong demand
Occupancy
4%
19 / 513 units
03Portfolio breakdown
2
projects
Completed1
Under construction1
Pending0
Recent completion track record
FIVE LUXEfinished
Sensoria at Five Luxein progress
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| Sensoria at Five LuxeactiveMarsa Dubai | #1728 | 6.7% | — | — | 53.646 | Check a quote → |
| FIVE LUXEfinishedMarsa Dubai | #1802 | 5.8% | — | — | 47.543 | Check a quote → |
06Before you buy from this developer
critical
License expired — do not proceed
License #966016 expired Jul 2026. Confirm renewal before any commitment.
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
DEVCO REAL ESTATE DEVELOPMENT L.L.C has 1 completed projects. Completed projects carry lower developer risk than off-plan.
Use this sponsor history as context, then run Offer Verdict on any real DEVCO REAL ESTATE DEVELOPMENT L.L.C quote before you negotiate or reserve.
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