SPV-LX-003 Creek Beach

Grove by Emaar

A ring-fenced SPV within the Dubai Creek corridor holding freehold industrial land weighted at 11% of the underlying land bank. Positioned for infrastructure-led capital appreciation over a 3–5 year horizon.

Tier 1 AssetDFSA AlignedFreehold • Industrial
Grove by Emaar — Primary view

Primary image is an AI-generated MVP concept, not verified property photography. Boundaries and scale are approximate; underlying land, building or floor ownership requires confirmation in the investment documents.

01 — Overview

Landx SPV Detail

SPV Identifier · SPV-LX-003

Grove by Emaar

Dubai Creek corridor

01 / 06

Total Land Purchase

AED 14.8M

Base Acquisition

Total Area

102,000

sq.ft. freehold

Price / sq.ft.

AED 145

1 Unit / 1 sq.ft.

Funding Progress

02 / 06
72%Funded

9,003

Investors

73,440 / 102,000

Units Sold

Total Land Area

102,000

sq.ft.

SPV Units

102,000

Units

Price Per Unit

AED 145

Per Unit

Target Investors

9,043

Investors

Ownership

Freehold

100%

Development Type

Infrastructure

Logistics Zone

03 / 06

Investment Thesis

Strategically located in the Dubai Creek ecosystem, one of the region's leading logistics hubs. Backed by world-class infrastructure, multimodal connectivity, and strong demand from global trade and e-commerce growth — positioned for sustained capital appreciation over the 3–5 year holding horizon.

04 / 06

Growth Catalysts

  • 01DP World Global Ecosystem
  • 02Al Maktoum Airport Expansion
  • 03Dubai South Master Plan 2030
  • 04Rising Logistics Demand
  • 05E-commerce & Trade Growth
  • 06Freehold Title Security

Ownership Structure

05

Investors

Grove by Emaar

SPV-LX-003

Future Exit

Options

Investors own units in the SPV which holds the legal title to the land.

Infrastructure Connectivity

06
  • Al Maktoum Intl Airport12 km
  • Jebel Ali Port18 km
  • Sheikh Zayed Road1.5 km
  • Proposed Metro Station2.8 km
  • Downtown Dubai25 min

Secondary Market

Live
  • Last Trade PriceAED 95.58
  • Today's VolumeAED 1.24M
  • Buy Orders (Total)38,420
  • Sell Orders (Total)21,150
  • Liquidity ScoreA+
View Marketplace

Financial Snapshot

AED

Base Asset Value

AED 1,74,00,000

Base SPV Acquisition Price

AED 1,47,90,000

Entry Benefit

15% discount from current market price

Projected 5-Yr Appreciation

+119% · AED 17.6M

SPV Balance Sheet
Land Parcel A-70
Freehold • 102,000 sqft × AED 145/sqftAED 14.8M
Site Infrastructure
Roads, utilities, perimeterAED 0
Cash Reserve
Operating + capex bufferAED 0
Total SPV Value
Land + infrastructure + reserveAED 14.8M

SPV Entity

Landexa DXB-CREEK-44 SPV Ltd

Jurisdiction

DIFC, Dubai

Location

Creek Beach, UAE

02 — Risk & Returns

Scenario Modelling

Bear Case

12.9%

IRR • 1.5x MOIC

Soft cycle, flat re-rating

Base Case

23.4%

IRR • 2.3x MOIC

Underwritten case

Bull Case

32.3%

IRR • 3.0x MOIC

Corridor re-rating + early exit

Market Cycle

Dubai Creek pricing tracks UAE macro and liquidity cycle.

Execution

Exit dependent on master-developer infrastructure delivery.

Liquidity

Secondary market depth varies by corridor maturity.

03 — Due Diligence

Verified Documentation

Title Deed & Survey

PDF • 2.0 MB

SPV Constitutional Docs

PDF • 880 KB

Independent Valuation

PDF • 3.3 MB

Master Plan Brief

PDF • 2.1 MB

04 — Location

Infrastructure Connectivity

Al Maktoum Intl Airport12 km
Expo City Dubai18 km
Jebel Ali Port18 km
Sheikh Zayed Road1.5 km
Proposed Metro Station2.8 km
Downtown Dubai25 min

05 — Benchmark

Returns Comparison

This SPV
23.4%
Landexa Corridor Avg.
16.4%
UAE REIT Index
7.9%
Sukuk 5Y
4.8%
GCC Equity Index
9.2%

Comparison figures are indicative trailing 5-year annualised returns. Past performance is not a reliable indicator of future results.

More

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