Al Waleed Development

Al Waleed Development

Al Waleed Development L.L.C. is a Dubai-based real estate developer with a relatively focused residential portfolio. Its publicly documented projects include Al Waleed W.S 1, a residential development in Wadi Al Safa 5, where Al Waleed Development is listed as the sub-developer alongside Dubai Land Residences LLC as the main developer.

The company operates on a considerably smaller scale than Dubai's major master developers. Its projects are primarily residential and are positioned within established and developing Dubai communities.

Track record

Al Waleed Development's publicly documented development portfolio is limited. Lankea currently lists one project under the developer, Al Waleed W.S 1, while other property databases also associate the company with Al Waleed Garden and Al Waleed Garden 2.

Al Waleed W.S 1 is located in Wadi Al Safa 5 and is a B+G+2P+12-floor residential building with a reported built-up area of approximately 250,624 sq. ft.

Because the company's publicly documented portfolio is relatively small, buyers should assess individual projects on their own merits rather than assuming the delivery history of larger Dubai developers.

Why we list Al Waleed Development projects

Focused residential portfolio.

Dubai-based developer.

Exposure to growth communities such as Wadi Al Safa.

Residential projects rather than large master communities.

Smaller-scale alternative to Dubai's major developers.

Investing with Al Waleed Development

Al Waleed Development may appeal to buyers looking for residential property in Dubai's emerging communities.

The location and pricing of each project are likely to be more important to investors than the developer's relatively small portfolio. Buyers should compare price per sq. ft., payment terms, service charges, construction progress and comparable projects in the same community.

For projects where Al Waleed is acting as a sub-developer, buyers should also identify the main developer and understand the respective roles of each party.

What we'd watch

The key consideration is delivery history and portfolio growth.

Al Waleed Development has a much smaller publicly documented portfolio than Dubai's established development groups. Future projects and completed deliveries will provide a clearer indication of the company's long-term position in the Dubai market.

For now, it is best described as a smaller Dubai residential developer with a focused project portfolio.