3 projects
License expires Apr 2026

M G S DEVELOPMENT L.L.C

License #1174811 · Registered 2023 · 0% avg completion
🟢Comprehensive DLD data · Based on 3 DLD-registered projects
01Developer verdict
VERIFY LICENSE
0 completed, 3 under construction. Verify delivery history before committing. Best performer: Edgewater Residences 3 (#233). License renewal due Apr 2026 — verify before committing to under-construction projects.
Top projects by rank: Edgewater Residences 3 (#233)
02Key numbers
Total projects
3
DLD registered
Completed
0
0% done
Under construction
3
in progress
Sales (12m)
144
transactions
Rent contracts (12m)
0
strong demand
Occupancy
0%
0 / 504 units
Best rank
#233
Edgewater Residences 3
03Portfolio breakdown
3
projects
Completed0
Under construction3
Pending0
Recent completion track record
Edgewater Residences 2
2026
Edgewater Residences
in progress
Edgewater Residences 3
2026
04Risk assessment
05Project portfolio — top performers
ProjectRankYieldGrowthTotalAED/m²
Edgewater Residences 3activePalm Deira#233—-0.1%—27.588Analyze project →
Edgewater ResidencesactivePalm Deira————21.451Analyze project →
Edgewater Residences 2activePalm Deira————22.236Analyze project →
View all 3 projects in bot →
06Before you buy from this developer
critical
License expired — do not proceed
License #1174811 expired Apr 2026. Confirm renewal before any commitment.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
verify
Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: MEDIUM
M G S DEVELOPMENT L.L.C has 0 completed projects. Completed projects carry lower developer risk than off-plan.

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