DLD record shows license expiry Aug 2026
The Lagoons Phase One LLC: Dubai Projects, Delivery Record & DLD Sold Prices
License #714981 · Registered 2014 · 85.7% avg completion
Comprehensive DLD data · Based on 21 DLD-registered projects
THE LAGOONS PHASE ONE L.L.C has 21 DLD-registered Dubai projects (18 completed) and 841 sales in the last 12 months, portfolio yield ~5.8%. Use this as sponsor context, then compare any live ask to DLD sold prices.Source: Dubai Land Department registered transactions.
Check a listing vs DLD sold prices — first report free, then USD 1/check or 5 for USD 5
01Developer track record
SOLID TRACK RECORD
Established developer with 18 completed projects. 3 under construction. Average yield 5.8%, total return 1.6%. Best performer: Island Park II (#57). DLD record shows license expiry Aug 2026 — verify current status with RERA before committing to under-construction projects.
Top projects by rank: Island Park II (#57), Island Park I (#91), Creek Palace (#297)
02Key numbers
Total projects
21
DLD registered
Completed
18
85.7% done
Under construction
3
in progress
Avg yield
5.8%
on par / above
Avg total return (12m)
+1.6%
yield + growth
Sales (12m)
841
transactions
Rent contracts (12m)
3,516
strong demand
Occupancy
34%
3,516 / 10,493 units
03Portfolio breakdown
21
projects
Completed18
Under construction3
Pending0
Recent completion track record
17 ICON BAYfinished
ADDRESS HARBOUR POINTfinished
CREEK CRESCENTfinished
CREEK EDGEfinished
CREEK HORIZONfinished
CREEK RISEfinished
CREEKSIDE 18finished
Creek Gatefinished
Creek Palacefinished
HARBOUR VIEWSfinished
04Risk assessment
verify
Occupancy at 34%
3,516 rent contracts vs 10,493 total units. Many projects still under construction — actual occupancy of finished projects likely higher. Verify per project.
strong
Strong rental demand
3,516 rent contracts in 12m across portfolio. Active rental market demonstrates sustained tenant demand.
04Double win in THE LAGOONS PHASE ONE L.L.C
Projects with yield ≥6% and appreciation ≥10%
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| Island Park IIfinishedAl Khairan First | #57 | 7.7% | +13.7% | +21.4% | 20,889 | Check a quote → |
| Island Park IfinishedAl Khairan First | #91 | 7.7% | +8.0% | +15.7% | 20,474 | Check a quote → |
| Creek PalacefinishedAl Khairan First | #297 | 7.5% | -3.4% | +4.2% | 22,049 | Check a quote → |
| The Cove llactiveAl Khairan First | #315 | 5.8% | — | — | 23,475 | Check a quote → |
| Palace Residences - Dubai Creek HarbourfinishedAl Khairan First | #464 | 7.8% | — | — | 20,852 | Check a quote → |
| Palace Residences - NorthfinishedAl Khairan First | #971 | 7.6% | — | — | 22,956 | Check a quote → |
| Harbour GatefinishedAl Khairan First | #996 | 6.7% | — | — | 18,573 | Check a quote → |
| The GrandfinishedAl Khairan First | #1022 | 6.6% | — | — | 22,189 | Check a quote → |
| ADDRESS HARBOUR POINTfinishedAl Khairan First | #1032 | 7.1% | — | — | 29,268 | Check a quote → |
| CREEK CRESCENTfinishedAl Khairan First | #1310 | 7.0% | — | — | 21,905 | Check a quote → |
| CREEK EDGEfinishedAl Khairan First | #1332 | 6.7% | — | — | 22,017 | Check a quote → |
| 17 ICON BAYfinishedAl Khairan First | #1516 | 6.8% | — | — | 18,065 | Check a quote → |
| Creek GatefinishedAl Khairan First | #1714 | 6.3% | — | — | 18,977 | Check a quote → |
| CREEK RISEfinishedAl Khairan First | #1740 | 6.1% | — | — | 19,154 | Check a quote → |
| HARBOUR VIEWSfinishedAl Khairan First | #1884 | 5.8% | — | — | 17,853 | Check a quote → |
06Before you buy from this developer
verify
Confirm the licence on Dubai REST
The DLD extract lists licence #714981 with an expiry field of Aug 2026. That field is not updated when RERA renews, so it is not proof the licence has lapsed. Check Dubai REST before you treat it as expired.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
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Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: LOW-MEDIUM
THE LAGOONS PHASE ONE L.L.C has 18 completed projects. Completed projects carry lower developer risk than off-plan.
Use this sponsor history as context, then run Offer Verdict on any real THE LAGOONS PHASE ONE L.L.C quote before you negotiate or reserve.
Run a DLD-backed Offer Verdict ↗AlsoCommunities in this portfolio
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FAQDirect answers
- How many Dubai projects does THE LAGOONS PHASE ONE L.L.C have?
- THE LAGOONS PHASE ONE L.L.C has 21 DLD-registered projects in Dubai: 18 completed, 3 under construction.
- How active is THE LAGOONS PHASE ONE L.L.C in DLD sales?
- 841 registered sales in the last 12 months; typical DLD average around 21,057 AED/m².
- How do I check a THE LAGOONS PHASE ONE L.L.C asking price?
- Run Offer Verdict at /check. The first report is free and compares the broker ask to DLD registered sold prices, not listings.