License expires May 2026
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C Review: Projects, Delivery Record & DLD Data
License #1044183 Β· Registered 2022 Β· 33.3% avg completion
Comprehensive DLD data Β· Based on 3 DLD-registered projects
DLD portfolio snapshot for GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C: 3 registered projects (1 completed, 0 under construction), 16 registered sales in the last 12 months, portfolio yield ~9.2%. Use this as sponsor context before you reserve β then run Offer Verdict on any live quote.
01Developer track record
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1 completed, 0 under construction. Verify delivery history before committing. Average yield 9.2%. Best performer: AURA by Grovy (#449). License renewal due May 2026 β verify before committing to under-construction projects.
Top projects by rank: AURA by Grovy (#449)
02Key numbers
Total projects
3
DLD registered
Completed
1
33.3% done
Under construction
0
in progress
Avg yield
9.2%
on par / above
Sales (12m)
16
transactions
Rent contracts (12m)
105
strong demand
Occupancy
30%
105 / 352 units
03Portfolio breakdown
3
projects
Completed1
Under construction0
Pending2
Recent completion track record
AURA by Grovyfinished
04Risk assessment
05Project portfolio β top performers
| Project | Rank | Yield | Growth | Total | AED/mΒ² | |
|---|---|---|---|---|---|---|
| AURA by GrovyfinishedAl Barsha South Fourth | #449 | 9.2% | β | β | 12.485 | Check a quote β |
| βpendingPalm Deira | β | β | β | β | 0 | Check a quote β |
| βpendingWadi Al Safa 5 | β | β | β | β | 0 | Check a quote β |
06Before you buy from this developer
critical
License expired β do not proceed
License #1044183 expired May 2026. Confirm renewal before any commitment.
context
Overall risk: MEDIUM
GROVY HOMES 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 GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C quote before you negotiate or reserve.
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