License expires Aug 2026
TOWNX REAL ESTATE DEVELOPMENT L.L.C reviews: Dubai projects & DLD sales
License #788487 · Registered 2017 · 50% avg completion
Comprehensive DLD data · Based on 6 DLD-registered projects
DLD portfolio snapshot for TOWNX REAL ESTATE DEVELOPMENT L.L.C: 6 registered projects (3 completed, 3 under construction), 512 registered sales in the last 12 months, portfolio yield ~3.7%. Use this as sponsor context before you reserve — then run Offer Verdict on any live quote.
Paste a TOWNX REAL ESTATE DEVELOPMENT L.L.C quote — first report free →
01Developer track record
VERIFY LICENSE
3 completed, 3 under construction. Verify delivery history before committing. Average yield 3.7%, total return 2.2%. Best performer: Luma Park Views (#52). License renewal due Aug 2026 — verify before committing to under-construction projects.
Top projects by rank: Luma Park Views (#52), 11 Hills Park (#289), Luma21 (#390)
02Key numbers
Total projects
6
DLD registered
Completed
3
50% done
Under construction
3
in progress
Avg yield
3.7%
below Dubai avg
Avg total return (12m)
+2.2%
yield + growth
Sales (12m)
512
transactions
Rent contracts (12m)
503
strong demand
Occupancy
20%
503 / 2,547 units
03Portfolio breakdown
6
projects
Completed3
Under construction3
Pending0
Recent completion track record
Easy18finished
Luma21finished
Luma22finished
Luma Park Views2026
11 Hills Parkin progress
Ashley Hillsin progress
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| Luma Park ViewsactiveAl Barsha South Fourth | #52 | 7.2% | -2.1% | +5.1% | 16.185 | Check a quote → |
| 11 Hills ParkactiveAl Barshaa South Second | #289 | — | +2.1% | — | 16.157 | Check a quote → |
| Luma21finishedAl Barsha South Fourth | #390 | 9.9% | — | — | 12.467 | Check a quote → |
| Luma22finishedAl Barsha South Fourth | #750 | 9.0% | — | — | 14.600 | Check a quote → |
| Easy18finishedWarsan Fourth | #823 | 8.9% | — | — | 8.470 | Check a quote → |
| Ashley HillsactiveAl Barshaa South Third | — | — | — | — | 16.007 | Check a quote → |
06Before you buy from this developer
critical
License expired — do not proceed
License #788487 expired Aug 2026. Confirm renewal before any commitment.
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
TOWNX REAL ESTATE DEVELOPMENT L.L.C has 3 completed projects. Completed projects carry lower developer risk than off-plan.
Use this sponsor history as context, then run Offer Verdict on any real TOWNX REAL ESTATE DEVELOPMENT L.L.C quote before you negotiate or reserve.
Run a DLD-backed Offer Verdict ↗