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 355 units. 100 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,286 per sqft. At AED 1,286 per sqft, GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C prices 33% below the Dubai market average of AED 1,924 per sqft on registered sales.

Projects
3
1 completed · 2 in progress
Inventory
355units
152 completed · 203 in progress
Communities
3
across Dubai
PIX© PSF
1,286AED/sqft
↓11.0% YoY
Gross yield
7.2%
PIX© rent ÷ PIX© price
Sale records
100
DLD · L12M · 115.68M AED
Rent contracts
74
Ejari · L12M

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.

CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 3
Coral Isle
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.CUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
69
Sales · L12M
2
Rents · L12M
-
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Coral Isle
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C · Under Construction
692-
AURA by Grovy
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed
1521674
Rivo by Grovy
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C · Under Construction
13482-
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 1,286 per sqft on current PIX© values, based on 100 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 by Grovy is the lowest-priced at AED 1,256 per sqft, and Coral Isle the highest at AED 2,105 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 7.2% gross, calculated from current PIX© rents against current PIX© sale prices across 74 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 355 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, Dubai Islands, 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 -11.0% over the last 12 months, to AED 1,286 per sqft, across 100 registered sales.

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

At AED 1,286 per sqft, GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C prices 33% below the Dubai market average of AED 1,924 per sqft on registered sales.