DLD record shows license expiry Jul 2026
Devco Real Estate Development LLC: Dubai Projects, Delivery Record & DLD Sold Prices
License #966016 · Registered 2021 · 50% avg completion
Comprehensive DLD data · Based on 2 DLD-registered projects
DEVCO REAL ESTATE DEVELOPMENT L.L.C has 2 DLD-registered Dubai projects (1 completed) and 12 sales in the last 12 months. Use this as sponsor context, then compare any live ask to DLD sold prices.Source: Dubai Land Department registered transactions.
Check a listing vs DLD sold prices. First full DLD report free, then USD 1 per check or 5 checks for USD 5.
01Developer track record
CHECK PROJECT TERMS
1 completed, 1 under construction. Verify delivery history before committing. Best performer: Sensoria at Five Luxe (#334). DLD record shows license expiry Jul 2026 — verify current status with RERA before committing to under-construction projects.
Top projects by rank: Sensoria at Five Luxe (#334), FIVE LUXE (#2138)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
1
in progress
Avg total return (12m)
+6.7%
yield + growth
Sales (12m)
12
transactions
Rent contracts (12m)
13
strong demand
Rent contracts / units (12m)
3%
13 / 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 | #334 | 6.7% | +0.0% | +6.7% | 53,646 | Check a quote → |
| FIVE LUXEfinishedMarsa Dubai | #2138 | 5.8% | — | — | 47,543 | Check a quote → |
06Before you buy from this developer
verify
Confirm the licence on Dubai REST
The DLD extract lists licence #966016 with an expiry field of Jul 2026. That field is not updated when RERA renews, so it is not proof the licence has lapsed. Check Dubai REST before you treat it as expired.
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.
Run a DLD-backed Offer Verdict ↗AlsoSimilar DLD developer reports
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FAQDirect answers
- How many Dubai projects does DEVCO REAL ESTATE DEVELOPMENT L.L.C have?
- DEVCO REAL ESTATE DEVELOPMENT L.L.C has 2 DLD-registered projects in Dubai: 1 completed, 1 under construction.
- How active is DEVCO REAL ESTATE DEVELOPMENT L.L.C in DLD sales?
- 12 registered sales in the last 12 months; typical DLD average around 48,274 AED/m².
- How do I check a DEVCO REAL ESTATE DEVELOPMENT L.L.C asking price?
- Run Offer Verdict at /check. The first report is free and compares the broker ask to DLD registered sold prices, not listings.