License expires Jun 2026
MODELUX REAL ESTATE DEVELOPMENT L.L.C
License #736908 · Registered 2015 · 50% avg completion
Comprehensive DLD data · Based on 2 DLD-registered projects
01Developer verdict
CONDITIONAL BUY
1 completed, 0 under construction. Verify delivery history before committing. Average yield 3.9%. Best performer: MODELUX TOWER 1 (#1414). License renewal due Jun 2026 — verify before committing to under-construction projects.
Top projects by rank: MODELUX TOWER 1 (#1414), Vio Residences (#1463)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
0
in progress
Avg yield
3.9%
below Dubai avg
Sales (12m)
19
transactions
Rent contracts (12m)
34
strong demand
Occupancy
20%
34 / 172 units
03Portfolio breakdown
2
projects
Completed1
Under construction0
Pending1
Recent completion track record
MODELUX TOWER 1finished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| MODELUX TOWER 1finishedWarsan Fourth | #1414 | 7.4% | — | — | 7.874 | Analyze project → |
| Vio ResidencespendingWarsan Fourth | #1463 | — | -2.6% | — | 11.493 | Analyze project → |
06Before you buy from this developer
critical
Verify license renewal plan
License #736908 expires Jun 2026. Confirm renewal status before any commitment on active/pending projects.
context
Overall risk: MEDIUM
MODELUX REAL ESTATE DEVELOPMENT L.L.C has 1 completed projects. Completed projects carry lower developer risk than off-plan.
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