PropertyIndex

GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 3 projects across 3 communities

GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 3 registered projects comprising 533 units. 92 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,264 per sqft. At AED 1,264 per sqft, GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C prices 34% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
3
1 completed · 2 in progress
Inventory
533units
330 completed · 203 in progress
Communities
3
across Dubai
PIX© PSF
1,264AED/sqft
39.5% YoY
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
92
DLD · L12M · 106.59M AED
Rent contracts
121
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
1 project
330 units
In pipeline
2 projects
203 units
’24
’25
’26
’27
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

Map of comparable projects in this portfolio
CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 3
Coral Isle Residences
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.CUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
69
Sales · L12M
1
Rents · L12M
-
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Coral Isle Residences
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C · Under Construction
691-
AURA by Grovy
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed
33017121
Rivo
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C · Under Construction
13474-
Sales and rents are last-12-month DLD/Ejari records.

Common questions about GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does a GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C property cost?

GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C prices at AED 1,264 per sqft on current PIX© values, based on 92 sales registered with the Dubai Land Department in the last 12 months.

Which GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C project is cheapest?

Rivo is the lowest-priced at AED 1,229 per sqft, and Coral Isle Residences the highest at AED 2,155 per sqft, across 3 priced projects with registered sales.

What rental yield do GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C properties achieve?

GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C yields 6.5% gross, calculated from current PIX© rents against current PIX© sale prices across 121 registered Ejari contracts.

How many projects does GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C have in Dubai?

GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C holds 3 registered projects comprising 533 units, per the Dubai Land Department project register.

Where does GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C build in Dubai?

GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C has registered projects in Dubai Land Residence Complex, Jumeirah Village Circle, Palm Deira, per the Dubai Land Department project register.

Have GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C prices gone up or down?

Prices across GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C's portfolio have fallen -39.5% over the last 12 months, to AED 1,264 per sqft, across 92 registered sales.

Is GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 1,264 per sqft, GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C prices 34% below the Dubai market average of AED 1,921 per sqft on registered sales.