License expires Jan 2026
NAMAA PROPERTIES DEVELOPMENT L.L.C
License #605270 · Registered 2013 · 100% avg completion
01Developer verdict
VERIFY LICENSE
2 completed, 0 under construction. Verify delivery history before committing. Average yield 6.6%. Best performer: PRIVE BY DAMAC (#980). License renewal due Jan 2026 — verify before committing to under-construction projects.
Top projects by rank: PRIVE BY DAMAC (#980), PARAMOUNT TOWER HOTEL & RESIDENCES (#1222)
02Key numbers
Total projects
2
DLD registered
Completed
2
100% done
Under construction
0
in progress
Avg yield
6.6%
on par / above
Sales (12m)
134
transactions
Rent contracts (12m)
899
strong demand
Occupancy
48%
899 / 1,855 units
03Portfolio breakdown
2
projects
Completed2
Under construction0
Pending0
Recent completion track record
PARAMOUNT TOWER HOTEL & RESIDENCESfinished
PRIVE BY DAMACfinished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| PRIVE BY DAMACfinishedBusiness Bay | #980 | 6.5% | — | — | 23.365 | Analyze project → |
| PARAMOUNT TOWER HOTEL & RESIDENCESfinishedBusiness Bay | #1222 | 6.8% | — | — | 20.118 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #605270 expired Jan 2026. Confirm renewal before any commitment.
context
Overall risk: MEDIUM
NAMAA PROPERTIES DEVELOPMENT L.L.C has 2 completed projects. Completed projects carry lower developer risk than off-plan.
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