Deliver on time and promise – Dubai developers are becoming more proactive in this area. The fastest finishes take between 750 and 1,000 days. This is the average completion time for the Top 10 Dubai developers during 2021. GPD (for Murano residence 5) and Rove Hospitality, (Rove City Walk), are currently at the top two spots.
Developers who completed their projects last year took 4.4 years on average. Dubai saw 86 completed projects out of 350 active ones in 2021. This year, 33,000 new title documents were issued. It was a great year for the local freehold market. The final count of this year should be better by quite a distance.
The top 10 developers with the finest track records for projects in 2021 were listed by the DLD at Cityscape Global. The top three contenders for Oxford Boulevard were Iman Developers and Grovy Real Estate Development for Aria at Madinat Jumeirah Living.
All developers should aim for “completion in less than 1,000 days,” according to a project manager. “No developer can afford cost overruns in today’s market,”