License expires Feb 2026
NSHMI DEVELOPMENT L.L.C
License #727523, · Registered 2015 · 100% avg completion
01Developer verdict
VERIFY LICENSE
Established developer with 7 completed projects. 0 under construction. Average yield 6.5%, total return 1.6%. Best performer: TOWN SQUARE HAYAT (#235). License renewal due Feb 2026 — verify before committing to under-construction projects.
Top projects by rank: TOWN SQUARE HAYAT (#235), TOWN SQUARE ZAHRA (#335), TOWN SQUARE SAFI (#1326)
02Key numbers
Total projects
7
DLD registered
Completed
7
100% done
Under construction
0
in progress
Avg yield
6.5%
on par / above
Avg total return (12m)
+1.6%
yield + growth
Sales (12m)
405
transactions
Rent contracts (12m)
3,174
strong demand
Occupancy
99%
3,174 / 3,191 units
03Portfolio breakdown
7
projects
Completed7
Under construction0
Pending0
Recent completion track record
HAYAT BOULEVARDfinished
NOOR TOWNHOUSESfinished
SAFI TOWNHOUSESfinished
TOWN SQUARE HAYATfinished
TOWN SQUARE JENNA AND WARDAfinished
TOWN SQUARE SAFIfinished
TOWN SQUARE ZAHRAfinished
04Risk assessment
strong
Strong rental demand
3,174 rent contracts in 12m across portfolio. Active rental market demonstrates sustained tenant demand.
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| TOWN SQUARE HAYATfinishedAl Yelayiss 2 | #235 | 7.1% | +8.0% | +15.1% | 6.990 | Analyze project → |
| TOWN SQUARE ZAHRAfinishedAl Yelayiss 2 | #335 | 6.7% | — | — | 9.073 | Analyze project → |
| TOWN SQUARE SAFIfinishedAl Yelayiss 2 | #1326 | 6.5% | — | — | 9.646 | Analyze project → |
| NOOR TOWNHOUSESfinishedAl Yelayiss 2 | #1346 | 6.8% | — | — | 7.466 | Analyze project → |
| TOWN SQUARE JENNA AND WARDAfinishedAl Yelayiss 2 | #1459 | 6.1% | — | — | 10.276 | Analyze project → |
| HAYAT BOULEVARDfinishedAl Yelayiss 2 | #1553 | 6.3% | — | — | 10.319 | Analyze project → |
| SAFI TOWNHOUSESfinishedAl Yelayiss 2 | #1849 | 6.4% | — | — | 7.564 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #727523, expired Feb 2026. Confirm renewal before any commitment.
context
Overall risk: LOW-MEDIUM
NSHMI DEVELOPMENT L.L.C has 7 completed projects. Completed projects carry lower developer risk than off-plan.
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