License expires Jul 2026
OBJ1 REAL ESTATE DEVELOPMENT L.L.C Review: Projects, Delivery Record & DLD Data
License #1190499 Β· Registered 2024 Β· 0% avg completion
Comprehensive DLD data Β· Based on 12 DLD-registered projects
DLD portfolio snapshot for OBJ1 REAL ESTATE DEVELOPMENT L.L.C: 12 registered projects (0 completed, 5 under construction), 752 registered sales in the last 12 months. Use this as sponsor context before you reserve β then run Offer Verdict on any live quote.
01Developer track record
VERIFY SPONSOR
0 completed, 5 under construction. Verify delivery history before committing. Best performer: EVERGRIN HOUSE 2 (#90). License renewal due Jul 2026 β verify before committing to under-construction projects.
Top projects by rank: EVERGRIN HOUSE 2 (#90)
02Key numbers
Total projects
12
DLD registered
Completed
0
0% done
Under construction
5
in progress
Sales (12m)
752
transactions
Rent contracts (12m)
0
strong demand
Occupancy
0%
0 / 1,624 units
03Portfolio breakdown
12
projects
Completed0
Under construction5
Pending7
Recent completion track record
EVERGRIN HOUSEin progress
Luminar Tower 12026
Luminar Tower 2in progress
VERDANIA 1in progress
Luminar Tower 3in progress
04Risk assessment
caution
License expires before handover
License #1190499 expires Jul 2026, while several projects have handover dates in 2026β2028. Verify renewal plan before buying under-construction units.
05Project portfolio β top performers
| Project | Rank | Yield | Growth | Total | AED/mΒ² | |
|---|---|---|---|---|---|---|
| EVERGRIN HOUSE 2pendingAl Satwa | #90 | β | +3.5% | β | 26.034 | Check a quote β |
| βpendingAl Barsha South Fourth | β | β | β | β | 0 | Check a quote β |
| βpendingWadi Al Safa 5 | β | β | β | β | 0 | Check a quote β |
| EVERGRIN HOUSEactiveAl Satwa | β | β | β | β | 19.122 | Check a quote β |
| Luminar Tower 1activeAl Barsha South Fifth | β | β | β | β | 16.317 | Check a quote β |
| Luminar Tower 2activeAl Barsha South Fifth | β | β | β | β | 15.591 | Check a quote β |
| Luminar Tower 3activeAl Barsha South Fifth | β | β | β | β | 14.527 | Check a quote β |
| VERDANIA 1activeWadi Al Safa 5 | β | β | β | β | 14.121 | Check a quote β |
| VERDANIA 2pendingWadi Al Safa 5 | β | β | β | β | 15.056 | Check a quote β |
| VISTARA HOUSE 2pendingJabal Ali First | β | β | β | β | 15.419 | Check a quote β |
| VIVID TOWERpendingAl Barsha South Fifth | β | β | β | β | 15.438 | Check a quote β |
| lridian Park 1pendingAl Barsha South Fourth | β | β | β | β | 15.406 | Check a quote β |
06Before you buy from this developer
critical
Verify license renewal plan
License #1190499 expires Jul 2026. Confirm renewal status before any commitment on active/pending projects.
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
OBJ1 REAL ESTATE DEVELOPMENT L.L.C has 0 completed projects. Completed projects carry lower developer risk than off-plan.
Use this sponsor history as context, then run Offer Verdict on any real OBJ1 REAL ESTATE DEVELOPMENT L.L.C quote before you negotiate or reserve.
Run a DLD-backed Offer Verdict β