License expires Jan 2022
INNOVATE DEVELOPMENT L.L.C
License #773337 · Registered 2017 · 25% avg completion
01Developer verdict
VERIFY LICENSE
1 completed, 0 under construction. Verify delivery history before committing. Average yield 0.3%. Best performer: Palme Couture (#2791). License renewal due Jan 2022 — verify before committing to under-construction projects.
Top projects by rank: Palme Couture (#2791)
02Key numbers
Total projects
4
DLD registered
Completed
1
25% done
Under construction
0
in progress
Avg yield
0.3%
below Dubai avg
Sales (12m)
11
transactions
Rent contracts (12m)
1
strong demand
Occupancy
1%
1 / 72 units
03Portfolio breakdown
4
projects
Completed1
Under construction0
Pending3
Recent completion track record
Palme Couturefinished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| Palme CouturefinishedPalm Jumeirah | #2791 | 2.8% | — | — | 39.508 | Analyze project → |
| —pendingPalm Deira | — | — | — | — | 0 | Analyze project → |
| —pendingPalm Deira | — | — | — | — | 0 | Analyze project → |
| OMORIA HOTEL RESIDENCESpendingPalm Deira | — | — | — | — | 33.135 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #773337 expired Jan 2022. Confirm renewal before any commitment.
context
Overall risk: MEDIUM
INNOVATE DEVELOPMENT L.L.C has 1 completed projects. Completed projects carry lower developer risk than off-plan.
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