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Grid Properties: Projects, Prices and Handovers

GRID Properties is a developer with offices in Dubai and London, established in 2018. Its CEO Shreen Gupta became sole shareholder in a management buy-out in December 2024. Our catalogue lists one project, Bliss Tower, from {from}.

Grid Properties
Established
2018
Portfolio by 2024
$2.6bn

About

GRID works with global brands and reports a development portfolio of $2.6bn by 2024 (Gulf Islamic Investments, 19 December 2024). On that date Gulf Islamic Investments sold its majority stake to GRID’s CEO, Shreen Gupta.

GRID is also developing The Lucan in Chelsea, London. Bliss Tower stands in Dubai Land Residence Complex.

  • Established
    2018
    Dubai and London (Gulf Islamic Investments release, 19 December 2024)

Projects by area

Where the developer builds.

    Projects

    Current projects and starting prices.

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    Track record

    Delivery track record

    Development portfolio by 2024
    $2.6bn

    GRID’s figure, as reported by Gulf Islamic Investments on 19 December 2024.

    What to check before you buy

    Check the handover date

    Every project has its own handover date and payment plan, written in the sale and purchase agreement. Read that clause before you reserve.

    Ownership changed in 2024

    GRID moved from a majority investor to its CEO as sole shareholder. Ask for the contractor, the escrow details and the construction progress of your building.

    Plan for the entry ticket

    Our catalogue lists one project, Bliss Tower, from {from}. The choice is narrow today, and we check GRID’s current launches for you.

    Frequently asked questions

    Who owns Grid Properties?

    GRID Properties is owned by its CEO, Shreen Gupta, who bought the majority stake from Gulf Islamic Investments in a management buy-out announced on 19 December 2024. We do not tag it government-backed or listed.

    Where does Grid Properties build?

    In our catalogue, in Dubai Land Residence Complex.

    What if my Grid Properties project is late?

    The handover date for your unit is written in the sale and purchase agreement, and in Dubai your instalments sit in an escrow account tied to the project. Check the date, the clause on delays and the construction progress before you reserve. Our guide to off-plan risk shows what to look at and when.

    Can I resell a Grid Properties property before handover?

    In Dubai, off-plan resales happen every year, and the conditions differ by developer and project: how much you must have paid, which fees apply and how the transfer works. We confirm the rules for your project before you reserve. Read more in our guide to reselling off-plan property.

    Does Grid Properties offer payment plans?

    Grid Properties sells its off-plan projects with instalment plans, and the terms differ from project to project and from launch to launch. We confirm the current plan with the developer and give you the date of that confirmation. This is free for you. The off-plan guide explains how plans are built.

    What has Grid Properties delivered?

    Development portfolio by 2024: $2.6bn. GRID’s figure, as reported by Gulf Islamic Investments on 19 December 2024.

    How does Grid Properties compare with other developers?

    Use our developer comparison to put Grid Properties next to other developers: where they build, what they sell and what they have delivered. We can also compare specific projects for you.