DLD record shows license expiry Feb 2025
Grovy Real Estate Development LLC: Dubai Projects, Delivery Record & DLD Sold Prices
License #728163 · Registered 2015 · 100% avg completion
Comprehensive DLD data · Based on 2 DLD-registered projects
GROVY REAL ESTATE DEVELOPMENT L.L.C has 2 DLD-registered Dubai projects (2 completed) and 3 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
2 completed, 0 under construction. Verify delivery history before committing. Best performer: ALCOVE (#1740). DLD record shows license expiry Feb 2025 — verify current status with RERA before committing to under-construction projects.
Top projects by rank: ALCOVE (#1740)
02Key numbers
Total projects
2
DLD registered
Completed
2
100% done
Under construction
0
in progress
Sales (12m)
3
transactions
Rent contracts (12m)
41
strong demand
Rent contracts / units (12m)
19%
41 / 212 units
03Portfolio breakdown
2
projects
Completed2
Under construction0
Pending0
Recent completion track record
ALCOVEfinished
ARIAfinished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| ALCOVEfinishedAl Barsha South Fourth | #1740 | 6.8% | — | — | 9,559 | Check a quote → |
| ARIAfinishedAl Barsha South Fourth | — | 8.1% | — | — | 10,553 | Check a quote → |
06Before you buy from this developer
verify
Confirm the licence on Dubai REST
The DLD extract lists licence #728163 with an expiry field of Feb 2025. 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.
context
Overall risk: MEDIUM
GROVY REAL ESTATE DEVELOPMENT L.L.C has 2 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 REAL ESTATE DEVELOPMENT L.L.C quote before you negotiate or reserve.
Run a DLD-backed Offer Verdict ↗AlsoCommunities in this portfolio
AlsoSimilar DLD developer reports
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- AMAYA PROPERTIES L.L.C· 3 sales 12m
- ASHTON REAL ESTATE DEVELOPMENT L.L.C· 3 sales 12m
- AVA RESIDENCES REAL ESTATE DEVELOPMENTS L.L.C· 3 sales 12m
- BOLTON REAL ESTATE DEVELOPMENT L.L.C - FZ· 3 sales 12m
FAQDirect answers
- How many Dubai projects does GROVY REAL ESTATE DEVELOPMENT L.L.C have?
- GROVY REAL ESTATE DEVELOPMENT L.L.C has 2 DLD-registered projects in Dubai: 2 completed, 0 under construction.
- How active is GROVY REAL ESTATE DEVELOPMENT L.L.C in DLD sales?
- 3 registered sales in the last 12 months; typical DLD average around 10,174 AED/m².
- How do I check a GROVY 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.