License expires Apr 2026
ICONIC VISTA REAL ESTATE DEVELOPMENT
License #804619 · Registered 2018 · 50% avg completion
01Developer verdict
CONDITIONAL BUY
1 completed, 0 under construction. Verify delivery history before committing. Average yield 2.6%. Best performer: Park Vista (#474). License renewal due Apr 2026 — verify before committing to under-construction projects.
Top projects by rank: Park Vista (#474), THE BOROUGH (#513)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
0
in progress
Avg yield
2.6%
below Dubai avg
Sales (12m)
53
transactions
Rent contracts (12m)
43
strong demand
Occupancy
19%
43 / 230 units
03Portfolio breakdown
2
projects
Completed1
Under construction0
Pending1
Recent completion track record
Park Vistafinished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| Park VistafinishedAl Barsha South Fourth | #474 | 10.1% | — | — | 11.163 | Analyze project → |
| THE BOROUGHpendingAl Barsha South Fourth | #513 | — | +0.0% | — | 16.961 | Analyze project → |
06Before you buy from this developer
critical
Verify license renewal plan
License #804619 expires Apr 2026. Confirm renewal status before any commitment on active/pending projects.
context
Overall risk: MEDIUM
ICONIC VISTA REAL ESTATE DEVELOPMENT has 1 completed projects. Completed projects carry lower developer risk than off-plan.
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