PropertyIndex

GROVY REAL ESTATE DEVELOPMENT L.L.C

Developer in Dubai · 2 projects across 1 community

GROVY REAL ESTATE DEVELOPMENT L.L.C is a Dubai property developer with 2 registered projects comprising 228 units. 10 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 945 per sqft. At AED 945 per sqft, GROVY REAL ESTATE DEVELOPMENT L.L.C prices 51% below the Dubai market average of AED 1,916 per sqft on registered sales.

Projects
2
2 completed
Inventory
228units
228 completed
Communities
1
across Dubai
PIX© PSF
945AED/sqft
↑15.3% YoY
Gross yield
7.9%
PIX© rent ÷ PIX© price
Sale records
10
DLD · L12M · 9.04M AED
Rent contracts
67
Ejari · L12M

Portfolio

Every GROVY 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
Location data © OpenStreetMap contributors
CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 2
Aria
GROVY REAL ESTATE DEVELOPMENT L.L.CCompleted
PIX© PSF
Trend
Typical price
Yield
Units
126
Sales · L12M
3
Rents · L12M
34
Open project →
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Aria
GROVY REAL ESTATE DEVELOPMENT L.L.C · Completed
126334
Alcove
GROVY REAL ESTATE DEVELOPMENT L.L.C · Completed
102733
Sales and rents are last-12-month DLD/Ejari records.

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

Answered from Dubai Land Department registered transactions.

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

GROVY REAL ESTATE DEVELOPMENT L.L.C prices at AED 945 per sqft on current PIX© values, based on 10 sales registered with the Dubai Land Department in the last 12 months.

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

GROVY REAL ESTATE DEVELOPMENT L.L.C yields 7.9% gross, calculated from current PIX© rents against current PIX© sale prices across 67 registered Ejari contracts.

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

GROVY REAL ESTATE DEVELOPMENT L.L.C holds 2 registered projects comprising 228 units, per the Dubai Land Department project register.

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

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

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

At AED 945 per sqft, GROVY REAL ESTATE DEVELOPMENT L.L.C prices 51% below the Dubai market average of AED 1,916 per sqft on registered sales.