License expires Aug 2026
TOWNX REAL ESTATE DEVELOPMENT L.L.C Review: Projects, Delivery Record & DLD Data
License #788487 Β· Registered 2017 Β· 50% avg completion
Comprehensive DLD data Β· 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 β then run Offer Verdict on any live quote.
01Developer track record
SOLID TRACK RECORD
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 β 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
caution
License expires before handover
License #788487 expires Aug 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 | |
|---|---|---|---|---|---|---|
| Luma Park ViewsactiveAl Barsha South Fourth | #52 | 7.2% | -2.1% | +5.1% | 16.185 | Check a quote β |
| 11 Hills ParkactiveAl Barshaa South Second | #289 | β | +2.1% | β | 16.157 | Check a quote β |
| Luma21finishedAl Barsha South Fourth | #390 | 9.9% | β | β | 12.467 | Check a quote β |
| Luma22finishedAl Barsha South Fourth | #750 | 9.0% | β | β | 14.600 | Check a quote β |
| Easy18finishedWarsan Fourth | #823 | 8.9% | β | β | 8.470 | Check a quote β |
| Ashley HillsactiveAl Barshaa South Third | β | β | β | β | 16.007 | Check a quote β |
06Before you buy from this developer
critical
Verify license renewal plan
License #788487 expires Aug 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
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 β