PropertyIndex

INNOVATE DEVELOPMENT L.L.C

Developer in Dubai · 2 projects across 2 communities

INNOVATE DEVELOPMENT L.L.C is a Dubai property developer with 2 registered projects comprising 121 units. 15 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 3,225 per sqft. At AED 3,225 per sqft, INNOVATE DEVELOPMENT L.L.C prices 68% above the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
2
1 completed · 1 in progress
Inventory
121units
63 completed · 58 in progress
Communities
2
across Dubai
PIX© PSF
3,225AED/sqft
33.0% YoY
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
15
DLD · L12M · 151.66M AED
Rent contracts
1
Ejari · L12M

Delivery track record

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

Delivered
1 project
63 units
In pipeline
1 project
58 units
’18
’19
’20
’21
’22
’23
’24
’25
’26
’27
’28
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every INNOVATE 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 2
Palme Couture
INNOVATE DEVELOPMENT L.L.CCompleted
PIX© PSF
Trend
Typical price
Yield
Units
63
Sales · L12M
1
Rents · L12M
1
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Palme Couture
INNOVATE DEVELOPMENT L.L.C · Completed
6311
Omoria Hotel Residences
INNOVATE DEVELOPMENT L.L.C · Under Construction
5814-
Sales and rents are last-12-month DLD/Ejari records.

Common questions about INNOVATE DEVELOPMENT L.L.C

Answered from Dubai Land Department registered transactions.

How much does an INNOVATE DEVELOPMENT L.L.C property cost?

INNOVATE DEVELOPMENT L.L.C prices at AED 3,225 per sqft on current PIX© values, based on 15 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do INNOVATE DEVELOPMENT L.L.C properties achieve?

INNOVATE DEVELOPMENT L.L.C yields 5.8% gross, calculated from current PIX© rents against current PIX© sale prices across 1 registered Ejari contracts.

How many projects does INNOVATE DEVELOPMENT L.L.C have in Dubai?

INNOVATE DEVELOPMENT L.L.C holds 2 registered projects comprising 121 units, per the Dubai Land Department project register.

Where does INNOVATE DEVELOPMENT L.L.C build in Dubai?

INNOVATE DEVELOPMENT L.L.C has registered projects in Palm Deira, Palm Jumeirah, per the Dubai Land Department project register.

Have INNOVATE DEVELOPMENT L.L.C prices gone up or down?

Prices across INNOVATE DEVELOPMENT L.L.C's portfolio have fallen -33.0% over the last 12 months, to AED 3,225 per sqft, across 15 registered sales.

Is INNOVATE DEVELOPMENT L.L.C expensive compared to the Dubai market?

At AED 3,225 per sqft, INNOVATE DEVELOPMENT L.L.C prices 68% above the Dubai market average of AED 1,921 per sqft on registered sales.