Imtiaz Developments

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Founded 2008Dubai, UAE

54
Trust Score

Key Metrics

On-Time Delivery
69%
10 completed projects
Average Delay
7.6mo
when delays occur
Post-Handover Appreciation
1.9%
1-year average
Resale Velocity
58d
median days on market
Payment Flexibility
8/10
score
Total Projects
12
2 active
Financial Strength
WEAK
outlook
RERA Complaints
HIGH
volume tier

Financial & Regulatory

Leadership
Mohamed Al Kindi
Chairman/CEO
Financial Strength Tier
WEAK
Weaker position, high risk

Flagship Projects

Imtiaz City

2013

Dubai Residence

Large affordable community

Imtiaz Residence

2015

Jumeirah Lake Towers

Mixed-use

Imtiaz Oasis

2017

Arabian Ranches

Budget villas

Imtiaz Park

2016

Dubai Hills

Affordable apartments

Payment Plan Examples

Imtiaz City
2% on signing, 3% per month, balance on handover
Imtiaz Residence
5% on signing, 35% during construction, 60% on handover
Imtiaz Oasis
5% on signing, 30% during construction, 65% on handover

Pros

  • Very affordable pricing
  • Flexible payment terms (8/10)
  • Budget segment expertise

Cons

  • Poor delivery record (69%, 7+ month delays)
  • High RERA complaints
  • Slowest resale (58 days)
  • Weakest financials
  • Low appreciation (1.9%)
  • Quality concerns

Best For

  • Budget-first buyers
  • Flexible payment seekers
  • Rental investors
  • Patient long-term holders

Avoid If

  • On-time delivery critical
  • Quality sensitive
  • Risk-averse
  • Short-term goals

Notable Achievements

  • 4,000+ units delivered
  • Focus on affordable housing segment
  • Flexible payment approach

Recent News

Dec 1, 2025
Imtiaz Developments faces investigation from RERA; buyer disputes
Oct 20, 2025
Imtiaz City Phase completion delayed 18 months
Sep 15, 2025
Imtiaz announces financial restructuring

Specialties

Budget apartmentsAffordable housingValue segmentFlexible payment

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