Established developer6 projects
DLD record shows license expiry Aug 2026

Townx Real Estate Development LLC: Dubai Projects, Delivery Record & DLD Sold Prices

License #788487 · Registered 2017 · 50% avg completion
🟢Comprehensive DLD data · Based on 6 DLD-registered projects
TOWNX REAL ESTATE DEVELOPMENT L.L.C has 6 DLD-registered Dubai projects (3 completed) and 501 sales in the last 12 months, portfolio yield ~7.3%. Use this as sponsor context, then compare any live ask to DLD sold prices.Source: Dubai Land Department registered transactions.

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01Developer track record
SOLID TRACK RECORD
3 completed, 3 under construction. Verify delivery history before committing. Average yield 7.3%, total return 5.7%. Best performer: Luma Park Views (#48). DLD record shows license expiry Aug 2026 — verify current status with RERA before committing to under-construction projects.
Top projects by rank: Luma Park Views (#48), Ashley Hills (#157), Luma21 (#387)
02Key numbers
Total projects
6
DLD registered
Completed
3
50% done
Under construction
3
in progress
Avg gross yield (projects with rent data)
7.3%
on par / above
Avg total return (12m)
+5.7%
yield + growth
Sales (12m)
501
transactions
Rent contracts (12m)
358
strong demand
Rent contracts / units (12m)
14%
358 / 2,547 units
Best rank
#48
Luma Park Views
03Portfolio breakdown
6
projects
Completed3
Under construction3
Pending0
Recent completion track record
Easy18
finished
Luma21
finished
Luma22
finished
Luma Park Views
2026
11 Hills Park
in progress
Ashley Hills
in progress
04Risk assessment
05Project portfolio — top performers
ProjectRankYieldGrowthTotalAED/m²
Luma Park ViewsactiveAl Barsha South Fourth#487.2%-1.6%+5.7%16,211Check a quote →
Ashley HillsactiveAl Barshaa South Third#157—-1.2%—16,093Check a quote →
Luma21finishedAl Barsha South Fourth#3879.9%——12,467Check a quote →
Luma22finishedAl Barsha South Fourth#7999.0%——14,600Check a quote →
Easy18finishedWarsan Fourth#8318.9%——8,470Check a quote →
11 Hills ParkactiveAl Barshaa South Second————16,154Check a quote →
Check a quoted TOWNX REAL ESTATE DEVELOPMENT L.L.C offer →
06Before you buy from this developer
verify
Confirm the licence on Dubai REST
The DLD extract lists licence #788487 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.
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.

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FAQDirect answers
How many Dubai projects does TOWNX REAL ESTATE DEVELOPMENT L.L.C have?
TOWNX REAL ESTATE DEVELOPMENT L.L.C has 6 DLD-registered projects in Dubai: 3 completed, 3 under construction.
How active is TOWNX REAL ESTATE DEVELOPMENT L.L.C in DLD sales?
501 registered sales in the last 12 months; typical DLD average around 14,635 AED/m².
How do I check a TOWNX REAL ESTATE DEVELOPMENT 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.