License expires Nov 2010
FORTIS PLUS HOLDINGS LIMITED
License #68 · Registered 2007 · 100% avg completion
01Developer verdict
VERIFY LICENSE
Established developer with 8 completed projects. 0 under construction. Average yield 7.1%. Best performer: MIRABELLA 1 (#1547). License renewal due Nov 2010 — verify before committing to under-construction projects.
Top projects by rank: MIRABELLA 1 (#1547), MIRABELLA 3 (#1735), MIRABELLA 8 (#1884)
02Key numbers
Total projects
8
DLD registered
Completed
8
100% done
Under construction
0
in progress
Avg yield
7.1%
on par / above
Sales (12m)
4
transactions
Rent contracts (12m)
53
strong demand
Occupancy
—
—
03Portfolio breakdown
8
projects
Completed8
Under construction0
Pending0
Recent completion track record
MIRABELLAfinished
MIRABELLA 1finished
MIRABELLA 2finished
MIRABELLA 3finished
MIRABELLA 4finished
MIRABELLA 5finished
MIRABELLA 6finished
MIRABELLA 8finished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| MIRABELLA 1finishedAl Barsha South Fourth | #1547 | 7.4% | — | — | 11.336 | Analyze project → |
| MIRABELLA 3finishedAl Barsha South Fourth | #1735 | 7.0% | — | — | 11.704 | Analyze project → |
| MIRABELLA 8finishedAl Barsha South Fourth | #1884 | 6.6% | — | — | 11.249 | Analyze project → |
| MIRABELLAfinishedAl Barsha South Fourth | — | 7.5% | — | — | 10.843 | Analyze project → |
| MIRABELLA 2finishedAl Barsha South Fourth | — | 6.8% | — | — | 10.922 | Analyze project → |
| MIRABELLA 4finishedAl Barsha South Fourth | — | 6.9% | — | — | 11.913 | Analyze project → |
| MIRABELLA 5finishedAl Barsha South Fourth | — | 6.9% | — | — | 10.882 | Analyze project → |
| MIRABELLA 6finishedAl Barsha South Fourth | — | 7.1% | — | — | 11.030 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #68 expired Nov 2010. Confirm renewal before any commitment.
context
Overall risk: LOW-MEDIUM
FORTIS PLUS HOLDINGS LIMITED has 8 completed projects. Completed projects carry lower developer risk than off-plan.
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