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Land Developers Company Seeking Loan in Dubai, United Arab Emirates

Real estate and property development company with a rich experience in townhouses and villas.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 3.27 million
Run Rate Sales USD 6.5 million
EBITDA Margin 20 - 30 %
Industries Land Developers + 1 more
Locations  Dubai
Local Time 5:52 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6.8 million for 15.0% annual interest, 2 years (Native Currency: AED 25,000,000)
Reason: Our capital limits our possibilities to expand more. We are doing 4 units per year at the moment. Wi... View More
Collateral Available: USD 2.7 million
Includes physical assets worth USD 1.09 million
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Business Overview
- Private landowners and professional developers at various stages in developing their plot, choose to engage in cooperative partnerships with us as we can provide assistance in moving projects forward to realization.
- This can be everything from running the political zoning process from start to finish, matching private equity investors with desirable projects, and restructuring existing plans with a focus on adjustments that make a big difference in the local market.
- We identify and acquire land, get all the regulatory approvals, undertake architecture, engineering and construction of the land, and finally sell the land to potential buyers.
- The construction process is outsourced to our sister company that is involved in construction.
- Mainly develop and sell residential villas and townhouses that are up to 3 floors.
- Have completed 8 projects till date, and are currently working on 2 projects which will be completed shortly.
- Each project takes between 9 months to a maximum of 1 year to complete.
- Last year we sold 6 projects, and this year we are on track to sell 4 projects. Hence, our revenue has doubled.
Products & Services Overview
- Property management.
- Architecture drawings.
- Engineering drawings.
- Payment and execution plan.
- Financial study.
- Law and regulation consultation.
Assets Overview
Physical assets include the ownership of the land/projects that we are currently working on. Our business works on 1 project at a time and the average value of the project is approximately 40 million.
Facilities Overview
Our office is located in Dubai, Business Bay, Iris Bay tower.
Capitalization Overview
Not Disclosed
Recent Activity
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23 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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