How to check a developer before you buy
Three questions, in order
Has this developer delivered before, how much, and at what price relative to the market it builds in. Everything else, the renders, the celebrity brand, the launch event, tells you nothing about whether you get keys.
What is delivered, and what is only announced
Registered transaction data separates the two. On the developer pages of this site you can see, for each developer, the number of projects delivered in Dubai, the number of units behind them, and the volume still under construction. The spread is wide. The largest developer on the list has handed over 70,562 units. Several well known names are below 5,000.
A high number under construction against a low number delivered is not a scandal, every developer starts somewhere. It is simply a risk you should price rather than ignore.
Where their prices sit
For each unit type we compare the developer's transacted median price per square foot against the median of the same unit type in the same community. A result of plus 37% means their one bedroom units change hands 37% above the neighbourhood. That can reflect a genuinely better product, or a premium you will not recover on resale. It is a fact to explain, not a verdict.
What to ask the sales office
- Which projects have you handed over, in which year, and in which community
- What was the original announced handover date on those projects
- What is the escrow account number for this project
- What is the service charge per square foot in your delivered buildings
Property Radar publishes no score and no ranking of developers. A score out of 100 is an opinion dressed up as a number. The same public figures are published for everyone, dated, and you judge.
Independent comparison of Dubai off plan projects and developers. Cashback paid when you buy a listed project through Property Radar.
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