Villa 12, Al Barari
Al Barari, Dubai · by Desert Build · rating A · 14 villas delivered · on time 92%
Target IRR
18.5%
+4.5 pts vs market 14.0%
over 14 months
Readiness
52%
3 stages confirmed by both channels
stage 4 of 8 · Roof
Released from escrow
1.0MAED
of 3.0M AED fixed-price contract
Handover
25 Mar
2027 · 14-month plan · sale or title tokens by vote
done: Excavation
3 Jun 2026
done: Foundation
3 Sept 2026
done: Frame
20 Oct 2026
current: Roof
15 Nov 2026
planned: MEP
20 Dec 2026
planned: Finishing
15 Feb 2027
planned: Landscaping
10 Mar 2027
planned: Handover
25 Mar 2027
Raise
3.5MAED
fully placed · 3.5M AED
Minimum ticket
2,000AED
entry fee 0 · secondary 0.25% per side
Holders
212
75% UAE residents · 25% international
Proof score
94
registry · site · readiness · price
Term
14mo
to handover or exit
How this compares
| How this compares | This deal | Platform peers (1) | Market |
|---|---|---|---|
| Target IRR | 18.5% | 19.0% | 14.0% |
| Minimum ticket | 2,000 AED | 2,000 AED | whole unit |
| Term | 14 mo | 15 mo | — |
| Proof score | 94 | 91 | n/a |
| Liquidity | daily · best of three | daily | weeks · NOC |
Market: villa development margin, Dubai 2025 · DLD open data · Ejari (demo) · as of 2026-10-01. Peers: median of the other villa deals on the platform. Raise 3.5M AED · 17k AED per holder on average.
Key facts
- Structure
- ADGM project company · F-units
- Circuit
- Residents and international investors
- Project company
- Villa 12, Al Barari Project Co · ADGM
- Distributions
- at exit
- Fees
- entry 0 · secondary 0.25% per side · exit 0.5% of sale
- Liquidity
- daily on the secondary market · best of three prices · buyback at reference value −3%
- Settlement units
- AED · USDT · g Au — switch in the header without selling
Funded in July 2026. Frame is complete; the roof milestone is due 15 November. Units trade daily on the secondary market. Holders vote by 30 October on a AED 8.5M offer: sell now or keep the villa and receive DLD title tokens with rental income.
- Class Fseniorresident + internationalfrom 2,000 AED
- Class Ejuniorresident + internationalfrom 2,000 AED
How money flows
Uses of proceeds
- Construction3.0M AED
- Reserve150k AED
- Insurance and bond80k AED
- Placement35k AED
- Working capital235k AED
Payout order
- 1Senior units + 18.5% IRR60%
- 2Contractor junior 20%14%
- 3Landowner equity26%
Construction in frame


Stage 4 · Roof — in progress. Roof slab in progress — reinforcement and conduits are in; the pour is due before 15 Nov, when AED 300,000 unlocks. What the holders get at handover (planned 25 March 2027): a G+1 villa sold at market, or kept as DLD title tokens by a vote.
- Ready
- 52%
- Confirmed stages
- 3/8
- Released
- 1.0M AED
PlotConfirmed20 May 2026Passport framepoint AEng 0% · Oracle 0% ✓
Stage 1 · ExcavationConfirmed3 Jun 2026Geophotopoint AEng 8% · Oracle 8% ✓240k AED released
Stage 2 · FoundationConfirmed3 Sept 2026Engineer actpoint AEng 20% · Oracle 20% ✓360k AED released
Stage 3 · FrameConfirmed20 Oct 2026Drone passpoint AEng 34% · Oracle 34% ✓420k AED released
Stage 4 · RoofIn progress23 Oct 2026Geophotopoint BEng 52% · Oracle 52% ✓
Stage 5 · MEP · 16%Planned20 Dec 
Stage 6 · Finishing · 22%Planned15 FebWhat this contractor delivered last year in Liwan — the finishing stage of this villa will look like this frame. 
Stage 7 · Landscaping · 8%Planned10 Mar 
Stage 8 · Handover · 10%Planned25 Mar
DLD plot 2-394-1127 · Al Barari · 7,200 sqft. Every frame carries a geotag inside the plot, a timestamp and a hash in the journal; the payout of a stage needs the engineer act and the site oracle to agree within ±1 point. Demo frames: Photo: Pexels (free licence) · demo stand-in, not the actual site · Photo: Mahmoud Farrag, CC BY 3.0, via Wikimedia Commons · demo stand-in.
Milestones
Each milestone is paid from escrow only when the engineer's report and the site oracle agree.
- Done
Excavation
8% of budget · 3 Jun
- Done
Foundation
12% of budget · 3 Sep
- Done
Frame
14% of budget · 20 Oct
- In progress
Roof
10% of budget · 15 Nov
- Planned
MEP
16% of budget · 20 Dec
- Planned
Finishing
22% of budget · 15 Feb
- Planned
Landscaping
8% of budget · 10 Mar
- Planned
Handover
10% of budget · 25 Mar
Latest from the site
- 20 Oct 2026Milestone released — “Frame” confirmed: 14 geophotos, drone pass, engineer act. AED 420,000 released to the contractor
- 15 Oct 2026Vote opened — Holder vote opened: sell at AED 8,500,000 or keep (until 30 Oct)
Holder vote
Sell at AED 8,500,000 or keep the villa and receive DLD title tokens
- sell
- keep
Closes 30 Oct 2026 · voting from the web lands in E03
Documents
- DLD plot extractproject company · disposal lock
c80c21e7bb…4221a6 - Building permit G+17,200 sqft
081887e60f…a66e01 - Fixed-price contractAED 3.0M
632e2a8f51…f43903 - Completion bond10%
b6ecf4d52c…f3c890 - CAR policyAXA Gulf
1c72759b6b…524b79 - Milestone attestations ×3drone · 41 geophotos · engineer acts
db4cafe5d6…566e08