License expires Apr 2025
FIRST HOMES LIMITED
License #2172 او ف · Registered 2007 · 100% avg completion
Comprehensive DLD data · Based on 2 DLD-registered projects
01Developer verdict
VERIFY LICENSE
2 completed, 0 under construction. Verify delivery history before committing. Average yield 4.7%. Best performer: THE DIAMOND (#2061). License renewal due Apr 2025 — verify before committing to under-construction projects.
Top projects by rank: THE DIAMOND (#2061), THE SPIRIT (#2533)
02Key numbers
Total projects
2
DLD registered
Completed
2
100% done
Under construction
0
in progress
Avg yield
4.7%
below Dubai avg
Sales (12m)
31
transactions
Rent contracts (12m)
385
strong demand
Occupancy
75%
385 / 514 units
03Portfolio breakdown
2
projects
Completed2
Under construction0
Pending0
Recent completion track record
THE DIAMONDfinished
THE SPIRITfinished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| THE DIAMONDfinishedAl Hebiah Fourth | #2061 | 5.9% | — | — | 11.602 | Analyze project → |
| THE SPIRITfinishedAl Hebiah Fourth | #2533 | 3.8% | — | — | 23.117 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #2172 او ف expired Apr 2025. Confirm renewal before any commitment.
context
Overall risk: MEDIUM
FIRST HOMES LIMITED has 2 completed projects. Completed projects carry lower developer risk than off-plan.
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