License expires Oct 2025
MERAKI REAL ESTATE DEVELOPMENT ONE PERSON L.L.C
License #574551 · Registered 2018 · 40% avg completion
01Developer verdict
VERIFY LICENSE
2 completed, 2 under construction. Verify delivery history before committing. Average yield 3.9%. Best performer: THE HAVEN (#129). License renewal due Oct 2025 — verify before committing to under-construction projects.
Top projects by rank: THE HAVEN (#129), The Haven III (#250), GENESIS (#1523)
02Key numbers
Total projects
5
DLD registered
Completed
2
40% done
Under construction
2
in progress
Avg yield
3.9%
below Dubai avg
Sales (12m)
356
transactions
Rent contracts (12m)
256
strong demand
Occupancy
23%
256 / 1,137 units
03Portfolio breakdown
5
projects
Completed2
Under construction2
Pending1
Recent completion track record
GENESISfinished
THE HAVENfinished
The Haven IIin progress
—in progress
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| THE HAVENfinishedWadi Al Safa 3 | #129 | 9.0% | — | — | 12.763 | Analyze project → |
| The Haven IIIpendingWadi Al Safa 3 | #250 | — | -0.1% | — | 12.903 | Analyze project → |
| GENESISfinishedAl Barshaa South Third | #1523 | 6.6% | — | — | 9.886 | Analyze project → |
| —activeMe'Aisem First | — | — | — | — | 0 | Analyze project → |
| The Haven IIactiveWadi Al Safa 3 | — | — | — | — | 13.299 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #574551 expired Oct 2025. 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
MERAKI REAL ESTATE DEVELOPMENT ONE PERSON L.L.C has 2 completed projects. Completed projects carry lower developer risk than off-plan.
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