Dubai’s fastest projects were completed in 750-1,000 days in 2021

With the fastest completion requiring between 750 and 1,000 days, more developers in Dubai are beginning to keep their promises and deliver on time. The first two places are presently held by developers GPD (for Murano Residence 5) and Rove Hospitality (Rove City Walk), who are also responsible for two of the Top 10 fastest completions in Dubai for 2021.

Developers who completed their projects last year did so in an average of 4.4 years. Out of the 350 active projects, 86 were finished in Dubai in 2021. This led to the creation of 33,000 brand-new title deeds, concluding one of the finest years for the neighborhood freehold market. The ultimate total for this year ought to be somewhat higher.

The Dubai Land Department at Cityscape Global cited the Top 10 developers with the fastest project track records in 2021. Grovy Real Estate Development (for Aria), Jumeirah Hills Development (for Madinat Jumeirah Living), and Iman Developers completed the top five finishers rankings (for Oxford Boulevard).

“Completion in under 1,000 days should be the benchmark developers should aim for,” said a project manager. “Because what no developer can afford these days is for cost overruns.”