License expires Jan 2026
MYRA REAL ESTATE DEVEIOPMENT L.L.C
License #725008 · Registered 2015 · 100% avg completion
01Developer verdict
VERIFY LICENSE
4 completed, 0 under construction. Verify delivery history before committing. Average yield 8.7%. Best performer: Rigel (#505). License renewal due Jan 2026 — verify before committing to under-construction projects.
Top projects by rank: Rigel (#505), AVANOS (#517), CRYSTAL RESIDENCE (#1347)
02Key numbers
Total projects
4
DLD registered
Completed
4
100% done
Under construction
0
in progress
Avg yield
8.7%
on par / above
Sales (12m)
47
transactions
Rent contracts (12m)
331
strong demand
Occupancy
50%
331 / 661 units
03Portfolio breakdown
4
projects
Completed4
Under construction0
Pending0
Recent completion track record
AVANOSfinished
BOTANICAfinished
CRYSTAL RESIDENCEfinished
Rigelfinished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| RigelfinishedAl Barsha South Fourth | #505 | 9.9% | — | — | 8.785 | Analyze project → |
| AVANOSfinishedAl Barsha South Fourth | #517 | 9.9% | — | — | 10.574 | Analyze project → |
| CRYSTAL RESIDENCEfinishedAl Barsha South Fourth | #1347 | 7.7% | — | — | 9.797 | Analyze project → |
| BOTANICAfinishedAl Barsha South Fourth | #1424 | 7.4% | — | — | 9.606 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #725008 expired Jan 2026. Confirm renewal before any commitment.
context
Overall risk: MEDIUM
MYRA REAL ESTATE DEVEIOPMENT L.L.C has 4 completed projects. Completed projects carry lower developer risk than off-plan.
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