DLD record shows license expiry Nov 2025
MAG Palace Properties Development LLC: Dubai Projects, Delivery Record & DLD Sold Prices
License #1119078 · Registered 2023 · 0% avg completion
Moderate DLD data · Based on 1 DLD-registered project
MAG PALACE PROPERTIES DEVELOPMENT L.L.C has 1 DLD-registered Dubai projects (0 completed) and 0 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 report free, then USD 1/check or 5 for USD 5
01Developer track record
VERIFY SPONSOR
0 completed, 1 under construction. Verify delivery history before committing. DLD record shows license expiry Nov 2025 — verify current status with RERA before committing to under-construction projects.
02Key numbers
Total projects
1
DLD registered
Completed
0
0% done
Under construction
1
in progress
Sales (12m)
0
transactions
Rent contracts (12m)
0
strong demand
Occupancy
0%
0 / 453 units
03Portfolio breakdown
1
projects
Completed0
Under construction1
Pending0
Recent completion track record
—2014
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| —activeAl Thanyah Fifth | — | — | — | — | 0 | Check a quote → |
06Before you buy from this developer
verify
Confirm the licence on Dubai REST
The DLD extract lists licence #1119078 with an expiry field of Nov 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.
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
MAG PALACE PROPERTIES DEVELOPMENT L.L.C has 0 completed projects. Completed projects carry lower developer risk than off-plan.
Use this sponsor history as context, then run Offer Verdict on any real MAG PALACE PROPERTIES DEVELOPMENT L.L.C quote before you negotiate or reserve.
Run a DLD-backed Offer Verdict ↗AlsoCommunities in this portfolio
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FAQDirect answers
- How many Dubai projects does MAG PALACE PROPERTIES DEVELOPMENT L.L.C have?
- MAG PALACE PROPERTIES DEVELOPMENT L.L.C has 1 DLD-registered projects in Dubai: 0 completed, 1 under construction.
- How active is MAG PALACE PROPERTIES DEVELOPMENT L.L.C in DLD sales?
- 0 registered sales in the last 12 months.
- How do I check a MAG PALACE PROPERTIES 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.