Grovy Homes Real Estate Development: Dubai Developer Data and Project Overview 2026

Grovy Homes Real Estate Development L.L.C is a DLD (Dubai Land Department, the authority that registers all property transactions in Dubai) registered developer established in May 2022 with three projects spanning Al Barsha South Fourth, Wadi Al Safa 5, and Palm Deira. The company holds DLD license number 1044183.

Grovy entered the Dubai residential market as a newer developer and has already delivered one project. Aura by Grovy in Al Barsha South Fourth is listed in DLD records as FINISHED with 151 units at 100% completion. The pipeline includes Rifo in Wadi Al Safa 5 and Coral Aisle Residence on Palm Deira, which are in pre-construction stages. All projects are registered with DLD and fall under RERA (Real Estate Regulatory Agency) oversight. This profile presents data drawn from public DLD records and is not affiliated with or endorsed by Grovy Homes Real Estate Development.

The developer's geographic spread, from the established Arjan corridor in Al Barsha South Fourth to the emerging Palm Deira waterfront, indicates a strategy of working across different market segments and price points within the Dubai residential market.

DLD project registration data reflects records as of April 2026. Project counts and unit figures are sourced from public DLD data and may not reflect units sold or under reservation.

Grovy Homes Real Estate Development entered the Dubai market in May 2022 and achieved a completed delivery within its first few years, with Aura by Grovy finishing in Al Barsha South Fourth. This provides a baseline reference for the developer's execution capacity, though the pipeline projects are still at pre-construction stage.

The Al Barsha South Fourth area, also referred to as Arjan, has been one of the more active zones for mid-market apartment development in Dubai. Aura by Grovy's 151 completed units sit within this established community, giving the project access to an existing rental demand base from the Arjan and Dubailand tenant pool.

Transaction volume data specific to Grovy Homes projects is not currently available in DLD records. Investors should verify registered transaction counts and secondary market activity for Aura by Grovy at dubailand.gov.ae. For the pipeline projects, Rifo in Wadi Al Safa 5 and Coral Aisle Residence on Palm Deira, there is no current transaction data given their pre-construction status.

Grovy Homes Real Estate Development has registered projects across three distinct communities:

The three-area spread of Grovy's portfolio reflects a deliberate diversification across established, emerging, and waterfront communities within Dubai.

On-time delivery rate, average delivery delta, and cancellation rate for Grovy Homes Real Estate Development are not currently available in DLD records. Verify delivery performance at dubailand.gov.ae using the individual project number.

Aura by Grovy in Al Barsha South Fourth is the single completed reference project in the portfolio, with 151 units listed as FINISHED at 100% completion in DLD. Investors evaluating Grovy should request the original projected handover date for Aura by Grovy and compare it against the actual handover date. This information is available from the developer or from buyers who purchased in the project.

Both pipeline projects, Rifo and Coral Aisle Residence, show 0% construction progress in DLD records, indicating they have not yet entered active construction. Before committing any funds to either project, investors should confirm that RERA-registered escrow accounts are established, contractor appointments are confirmed, and a construction commencement timeline is documented.

Public property listing data for Grovy Homes Real Estate Development projects in 2026 shows units listed from approximately AED 500,000 for studio units to AED 1,600,000 for two-bedroom units across the Arjan, Wadi Al Safa 5, and Palm Deira locations.

Average registered price per sqft and average gross yield figures are not currently available in DLD transaction records for Grovy projects. Investors should model yield independently using current rental comparables for the specific area where each project is located. Palm Deira, as an emerging waterfront location, will require comparables from the broader Deira and Bur Dubai area until the Palm Deira community itself generates sufficient transaction history.

Unit types across Grovy projects cover studios, one-bedroom, and two-bedroom apartments. Coral Aisle Residence at 68 units and Rifo at 133 units represent a mid-scale boutique development approach. Aura by Grovy at 151 units establishes a similar scale reference. Exact unit mix per project is available in the DLD project registration documents.

The developers below are active in overlapping communities or price segments to Grovy Homes, based on publicly available project data for 2026. This comparison is for reference only.

This comparison is based on public DLD registration data and public listing data. It is not a recommendation. Investors should verify all figures at dubailand.gov.ae before making any investment decision.

Before purchasing a unit in any Grovy Homes Real Estate Development project, investors should verify the following directly with DLD and RERA:

• Current DLD license status and renewal. License number 1044183 is registered under developer number 1429, with a registered expiry date of May 2026. Investors entering long-term off-plan agreements should confirm the license has been renewed beyond this date at dubailand.gov.ae.
• RERA-registered escrow account. For Rifo and Coral Aisle Residence, confirm that RERA-registered escrow accounts have been established before making any payment. Off-plan payments must be deposited into the registered escrow account, not transferred directly to the developer.
• Construction commencement for pipeline projects. Both Rifo and Coral Aisle Residence show 0% construction progress in DLD records. Request a confirmed contractor appointment and construction commencement certificate from DLD before signing any sale and purchase agreement for these projects.
• Palm Deira infrastructure context for Coral Aisle Residence. Palm Deira is an early-stage community. Investors should research the current infrastructure development status for the Deira Islands area, including road access, utilities, and community services, alongside the project-specific details.
• Secondary market data for Aura by Grovy. For investors interested in the completed Aura by Grovy project on the secondary market, verify individual unit title deed status at DLD and confirm that service charges are being collected through the registered owners association.

This developer profile is produced by Oliva Real Estate Brokerage, RERA License 1573501. It is intended for informational purposes only and does not constitute investment advice, a solicitation to buy, or a recommendation of any specific developer or project.

All data presented is sourced from publicly available DLD records, RERA databases, and public property listings as of April 2026. DLD data is updated periodically and figures may not reflect real-time project status. Oliva does not independently verify developer claims, construction progress, or financial standing.

Past project completions do not guarantee future delivery performance. Real estate investment carries risk including the risk of project delays, developer insolvency, and market value fluctuation. Investors should conduct independent due diligence and consult a licensed financial advisor before making any investment decision.

Oliva is not affiliated with Grovy Homes Real Estate Development and does not receive any compensation from Grovy Homes or any of its projects in connection with this profile.