TFG Real Estate: Dubai Developer Data and Project Overview 2026
TFG Real Estate L.L.C, trading as The First Group, is a DLD (Dubai Land Department, the authority that registers all property transactions in Dubai) registered developer with a history in Dubai dating to September 2007. The company holds DLD license number 583081 and is registered under DLD developer number 29, making it one of the earlier developer registrations in the DLD database.
TFG Real Estate specialises in hotel apartment and mixed-use hospitality developments across high-demand Dubai zones including Dubai Marina, Business Bay, Al Thanyah First (Barsha Heights and TECOM), and Al Hebiah Fourth (Sports City). The group has 15 DLD-registered projects spanning completed hotel towers and active residential developments. This profile presents data drawn from public DLD records and is not affiliated with or endorsed by TFG Real Estate or The First Group.
TFG Real Estate at a Glance
| Metric | Data |
|---|---|
| DLD License Number | 583081 |
| DLD License Status | Active (verify current status at dubailand.gov.ae) |
| License Expiry | June 2026 (verify at dubailand.gov.ae) |
| DLD Registration Date | September 2007 |
| DLD Developer Number | 29 |
| Registered Projects (DLD) | 15 projects |
| Primary Areas | Marsa Dubai (Dubai Marina), Business Bay, Al Thanyah First (Barsha Heights/TECOM), Al Hebiah Fourth (Sports City) |
| Completed Projects | TFG Marina, Sky Bay Hotel, Sky Central, Grand Central, First Central, The Bridge, The Matrix, and others |
| Active Projects | Sail (Marsa Dubai, 1019 units, 99% complete) |
| Price Range (public listings, 2026) | AED 600,000 to AED 3,500,000 (studio to 2BR hotel apartments and residences) |
| Average Unit Price | Not currently available in DLD records. Verify at dubailand.gov.ae |
| Average Price per sqft | Not currently available in DLD records. Verify at dubailand.gov.ae |
| Average Gross Yield | Not currently available in DLD records. Model independently using current rental data |
| On-Time Delivery Rate | Not currently available in DLD records. Verify at dubailand.gov.ae |
| Average Delivery Delta | Not currently available in DLD records. Verify at dubailand.gov.ae |
| Cancellation Rate | Not currently available in DLD records. Verify at dubailand.gov.ae |
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.
Transaction Activity and Market Presence
TFG Real Estate has operated in Dubai for nearly two decades, building a portfolio centred on the hospitality and hotel apartment segment. The group has delivered multiple large-scale towers in Barsha Heights and Sports City, areas that attract long-term rental demand from professionals and corporate tenants working in the TECOM, Media City, and Internet City clusters.
The Sail project in Marsa Dubai (Dubai Marina) is one of the larger active DLD-registered projects in the marina precinct, with 1,019 units and 99% completion recorded in DLD data as of April 2026. TFG Marina, also in Marsa Dubai, is recorded as finished at 100% completion with 508 units.
Transaction volume and average price per sqft for TFG projects are not currently available in DLD records. Investors should check registered transaction data at dubailand.gov.ae for individual project-level pricing. Hotel apartment projects in Barsha Heights (Al Thanyah First) have historically achieved higher gross yields than standard residential units in the same area, given the short-term rental demand from the TECOM free zone ecosystem.
Active Areas and Project Locations
TFG Real Estate projects are spread across four primary communities in Dubai:
Marsa Dubai (Dubai Marina)
TFG Marina (508 units, FINISHED, 100% complete) and Sail (1,019 units, ACTIVE, 99% complete). Dubai Marina is one of the most liquid secondary market zones in Dubai, with strong demand from both investors and end-users.
Business Bay
Sky Bay Hotel (449 units, FINISHED). Business Bay is a central commercial and residential district with direct connectivity to Downtown Dubai and the Dubai Canal waterfront.
Al Thanyah First (Barsha Heights / TECOM)
Sky Central (685 units, FINISHED), Grand Central (185 units, FINISHED), First Central (542 units, FINISHED). Barsha Heights is a high-density rental district that borders the Media and Internet City free zones, with consistent demand from corporate tenants.
Al Hebiah Fourth (Sports City)
The Bridge (289 units, FINISHED), The Matrix (384 units, FINISHED). Sports City is a mixed-use community west of Motor City with lower entry price points compared to marina and downtown zones.
TFG also has 7 additional DLD-registered projects beyond the projects listed above. All area names and completion percentages are drawn from DLD project registration data as of April 2026.
Delivery Performance Record
On-time delivery rate, average delivery delta, and cancellation rate for TFG Real Estate are not currently available in DLD records. Verify delivery performance for specific projects at dubailand.gov.ae using the project number.
DLD records show TFG Marina, Sky Bay Hotel, Sky Central, Grand Central, First Central, The Bridge, and The Matrix as finished projects at 100% completion, indicating these have reached handover stage. The Sail project in Dubai Marina is recorded at 99% completion and is approaching final handover.
TFG Real Estate has been active since 2007, giving investors a longer observable track record compared to developers registered post-2020. Investors should request the DLD project registration certificate and RERA escrow account details for any active TFG project before transferring funds.
Price Range and Unit Types
Public property listing data for TFG Real Estate projects in 2026 shows units listed from approximately AED 600,000 for studio hotel apartments to AED 3,500,000 for two-bedroom units. The higher end of the range reflects Dubai Marina inventory in the Sail and TFG Marina towers.
Average registered price per sqft and average gross yield figures are not currently available in DLD transaction records for TFG projects. Hotel apartments in Al Thanyah First (Barsha Heights) have historically commanded yields above the Dubai market average due to the short-term rental market in the TECOM corridor. Investors should build independent yield models using current rental comparable data for each specific tower and zone.
Unit types across TFG projects are weighted toward studio and one-bedroom hotel apartments, a product type common in the Barsha Heights and Sports City portfolios. Larger two-bedroom units are present in the Dubai Marina portfolio. Hotel apartments typically come with hotel management agreements that govern the rental and operation of the unit.
How TFG Real Estate Compares to Similar Developers
The developers below operate hotel apartment and mixed-use projects at comparable price points and in overlapping geographic areas to TFG Real Estate, based on publicly available project data for 2026.
| Developer | Primary Area | DLD Projects | Price Range (AED) | Delivery Data |
|---|---|---|---|---|
| TFG Real Estate | Dubai Marina, Business Bay, Barsha Heights, Sports City | 15 | 600K to 3.5M | Not currently available in DLD records |
| Select Group | Dubai Marina, Business Bay | Multiple | 800K to 5M | Not currently available in DLD records |
| Seven Tides | Palm Jumeirah, Dubai Marina | Multiple | 700K to 4M | Not currently available in DLD records |
| Meraas | City Walk, Bluewaters, Jumeirah | Multiple | 1M to 6M | Not currently available in DLD records |
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.
What Investors Should Verify
Before purchasing a unit in any TFG Real Estate project, investors should verify the following directly with DLD and RERA:
- Current DLD license status. License number 583081 is registered with DLD under developer number 29. Verify the current active status and expiry date at dubailand.gov.ae. The license is scheduled for renewal in June 2026.
- Hotel management agreement terms. TFG hotel apartment projects typically include a hotel management agreement. Review the agreement terms, operator name, revenue-sharing structure, and exit clauses before committing to purchase.
- Project registration and escrow. Each project should have a DLD project number and a registered escrow account. Confirm the escrow agent name and account details before making any payment.
- Completion percentage for active projects. Sail is recorded at 99% in DLD records as of April 2026. Verify the current DLD-registered completion against site conditions and confirm the handover timeline with the developer.
- RERA project status. Check rera.gov.ae to confirm the project is not under supervision or listed for cancellation.
Legal Disclaimer
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 TFG Real Estate L.L.C or The First Group and does not receive any compensation from TFG or any of its projects in connection with this profile.
Frequently Asked Questions
Is TFG Real Estate DLD registered?
Yes. TFG Real Estate L.L.C holds DLD license number 583081 and is registered under developer number 29. The DLD registration date is September 2007, making it one of the earlier developer registrations in the DLD database. Verify the current active license status at dubailand.gov.ae.
What does TFG stand for in TFG Real Estate?
TFG stands for The First Group. The full trading name is The First Group, and the legal entity registered with DLD is TFG Real Estate L.L.C. The group is known primarily for hotel apartment developments in Barsha Heights, Business Bay, Dubai Marina, and Sports City.
What projects has TFG Real Estate completed in Dubai?
DLD records show TFG Marina (508 units, Dubai Marina), Sky Bay Hotel (449 units, Business Bay), Sky Central (685 units, Barsha Heights), Grand Central (185 units, Barsha Heights), First Central (542 units, Barsha Heights), The Bridge (289 units, Sports City), and The Matrix (384 units, Sports City) as finished projects at 100% status. The Sail project in Dubai Marina is recorded at 99% completion as of April 2026.
What is the price range for TFG Real Estate units?
Public listing data for 2026 shows TFG units from approximately AED 600,000 for studio hotel apartments to AED 3,500,000 for two-bedroom units. Average registered price per sqft is not currently available in DLD records. Verify current market pricing at dubailand.gov.ae and on public property portals.
When does the TFG Real Estate DLD license expire?
The DLD license number 583081 for TFG Real Estate L.L.C is scheduled for renewal in June 2026 based on DLD records as of April 2026. Investors should verify the current license status at dubailand.gov.ae before entering any agreement, particularly for the active Sail project.
Explore further
The project, area, and developer this post covers, with live Dubai Land Department data.
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