Empire Development

Following Empire distress deals or Empire below market properties? This guide covers Empire Developments and its Empire Lake Views project in Liwan, Dubailand, explains urgent sale, motivated seller and below original price listings, and sets out the Oqood, NOC and outstanding balance checks to clear before an off-plan resale or cash buyer deals.

Rendering of Empire Lake Views in Liwan, developed by Empire Developments
Empire Lake Views tower at dusk

Developer overview

Empire Developments belongs to Ghani Holdings, a group that its website says has operated in the UAE since 1995 under founder and chairman Kamran Ghani. The holding company's interests stretch across import and export, tourism, hospitality and car trading as well as real estate. Its property arm took shape in 2016 with the creation of Plazzo Development Real Estate LLC, which the company describes as owned by Ghani Holdings.

The developer's track record therefore includes buildings under the Plazzo name as well as newer Empire-branded projects. When a listing mentions either name, it may relate to the same group, and the registered developer on the contract will show which company is involved.

Portfolio and locations

Empire Developments' projects page splits its work into recent launches and delivered buildings:

The developer's community menu also names Arjan, JVC, Dubai South and Dubai Science Park. Buyers browsing those areas can use Arjan listings, JVC listings, Dubai South listings and Dubai Science Park listings.

Property types

Empire Lake Views is an apartment building whose standout feature is choice within small layouts: a buyer can find a plain studio, a studio with a pool, or a one-bedroom with or without one, plus larger two-bedroom and duplex homes. That variety means listings in the same building are not directly comparable unless the unit type matches exactly. The contract floor plan is the only reliable record of whether a pool is included. Duplex homes add a second level and typically more outdoor space, so they belong in a separate comparison again. When reading a listing, check the bedroom count, whether the pool is private or shared, the floor, and the view, and ask the seller for the original unit plan. A listing that only says "studio" could describe either version, and the difference matters both to the asking figure and to how easily the unit can be resold or let later on.

What buyers should verify

  1. Exact unit type. Confirm from the Oqood and floor plan whether the unit has a private pool and which layout it is, since prices for pool and non-pool units will differ.
  2. Location description. The developer uses Liwan and DPF uses Dubailand; the registered plot details on the Oqood settle where the unit is.
  3. Construction progress. Check the project's status with the Dubai Land Department and compare it with the instalments already paid.
  4. Outstanding instalments. Ask for Empire's statement of account showing paid amounts and what remains under the payment plan.
  5. Developer approval. Confirm the developer's conditions for issuing a resale NOC.

Finding distressed and below-market Empire properties

Most Empire stock currently on the resale market is off-plan, which is where distress tends to appear. An investor might decide not to keep funding instalments, or need cash for another plan. Such a motivated seller may present the unit as an urgent sale. If the figure is under the price in their original Empire contract, the listing is described as below original price, or below OP. Below market value is a different test that compares the figure with recent resales of the same unit type in the same building.

Buying at this stage is an off-plan resale, or assignment. The buyer compensates the seller for the amount already paid, as negotiated, and takes over the remaining payment plan. Empire must issue its NOC before the Dubai Land Department transfers the Oqood. Cash buyer deals can save time, but they need every clearance. DPF gathers listings for side-by-side comparison; it does not value units or decide what sellers ask.

Frequently asked questions

Where is Empire Lake Views?

Empire Developments places Empire Lake Views in Liwan. DPF lists it under Dubailand.

Who owns Empire Developments?

The developer says it is part of Ghani Holdings, which formed Plazzo Development Real Estate LLC in 2016.

Can I buy Empire property below the original price?

Some owners do sell under their purchase price, especially before handover. DPF does not set prices or promise an outcome, so check the unit type, the account statement and recent resales first.

Do Empire Lake Views apartments have private pools?

Some do. The developer lists studios and one-bedroom units both with and without a private pool, so confirm the layout in the contract.