Artificial Intelligence
Builders Company
Developers/Crystal Bay Development
CB
Crystal Bay DevelopmentDubai, United Arab Emirates · founded 2023 · 1 active markets
PRIVATE
www.crystalbayintl.com

Crystal Bay develops design-led residential apartments and boutique waterfront residences in Dubai, including Jumeirah Village Circle, Dubai Islands and Dubai South. It markets contemporary homes to owner-occupiers and investors, emphasizing premium finishes, lifestyle amenities, strategic locations and long-term urban value.

Years in business
3
founded 2023
LinkedIn headcount
3
employees, as shown on LinkedIn · size band 11–50
Portfolio value
AED 58.9 million PROJECT VALUE
as the company states it
Total projects
2 projects
across the company’s whole history
Units delivered
0 built
as the company states it
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Crystal Bay Development LLC1
Headquarters
Marasi Dr1, Dubai1, UAE
Founded
20231
Entity type
PRIVATE1
Business model
offplan for sale1
Markets
1 market listed
What they build
no project types recorded
Full dossier in About →

Delivery record

0 date-assessed of 0 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
0
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Awards & recognition

  • SAFETY / QUALITY Certified
    ISO 9001 Certification
    The developer reports that Crystal Bay Developments achieved ISO 9001 certification for its quality-management system, covering process consistency, operational efficiency and regulatory/customer requirements.
    Not stated on the retrieved page · https://crystalbay.ae/about/
All awards →

Risks & source coverage

  • DELIVERY DELAY Reported in 2026; status observed against the Q3/Q4 2026 handover window as of October 15, 2026. Vue by Crystal Bay in Jumeirah Village Circle was reported as behind schedule: its planned Q3 2026 handover had not been registered, while the project was reported at 68% construction completion; another project record reports the original Q2 2026 promise was moved to Q4 2026. This is a project-level delay finding and does not establish a default by Crystal Bay Development itself.
  • DELIVERY DELAY 2026-10-15 (13 days overdue against 2026-10-01 commitment) Vue by Crystal Bay, developed by CRYSTAL BAY DEVELOPMENT L.L.C., was 13 days overdue as of 2026-10-15 against the DLD-recorded planned handover date of 2026-10-01; the project remained under construction at 68.2% complete and had not been handed over. This is a documented project-level delay, not evidence of parent-company liability beyond the named developer entity.
Record status
active
Company sources
74 source entries across 74 fields
Projects tracked
0 · 0 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 0 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
0
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

0 of 0 projects dated · 0 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
No dated projects to plot.
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

About

Company dossier

Legal name
Crystal Bay Development LLC
Headquarters
Marasi Dr, Dubai, UAE
Business Bay
Founded
2023
Dubai, AE
Entity type
PRIVATE
Revenue
not published
Business model
offplan for sale

Registrations & licences

DEVELOPER LICENCE1909
Dubai Land Department · AE
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Arab Emiratesactive 0 projects tracked

What they build

no project types recorded
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
RS
Rizwan Suriya
Rizwan Suriya is identified by the company as a co-founder and by independent business coverage as a co-founder and director. Public reporting places him in Crystal Bay’s management and associates him with the developer’s plan to expand its residential pipeline.
Current title
Co-Founder and Director
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
FounderDirector

Sources: full name

COMPANYdate not shown in source

About – Crystal Bay

Crystal Bay
Rizwan Suriya Co - Founder
value seen: Rizwan Suriya
https://crystalbay.ae/about/

Sources: summary

COMPANYdate not shown in source

About – Crystal Bay

Crystal Bay
Rizwan Suriya Co - Founder
value seen: Rizwan Suriya is identified by the company as a co-founder and by independent business coverage as a co-founder and director.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://crystalbay.ae/about/

Sources: tags

COMPANYdate not shown in source

About – Crystal Bay

Crystal Bay
Rizwan Suriya Co - Founder
value seen: Co - Founder
value paraphrased from this source
https://crystalbay.ae/about/

Sources: title

PRESS2025-11-26

New project launches to boost housing supply in Dubai

Khaleej Times
Crystal Bay Co-Founders and Directors Rizwan Suriya, Sohail Ashraf, and Shibin Khalid, said, “Vue Dorée is aligned with Crystal Bay Azure’s vision of delivering developments defined by design excellence, high construction quality, and a modern lifestyle offering.
value seen: Co-Founder and Director
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.khaleejtimes.com/business/new-project-launches-to-boost-housing-supply-in-dubai
SA
Sohail Ashraf
Sohail Ashraf is identified in independent reporting as a co-founder and director of Crystal Bay Development. He is also named as part of the management team behind the developer’s residential expansion plan.
Current title
Co-Founder and Director
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
FounderDirector

Sources: full name

PRESS2025-11-26

New project launches to boost housing supply in Dubai

Khaleej Times
Crystal Bay Co-Founders and Directors Rizwan Suriya, Sohail Ashraf, and Shibin Khalid, said, “Vue Dorée is aligned with Crystal Bay Azure’s vision of delivering developments defined by design excellence, high construction quality, and a modern lifestyle offering.
value seen: Sohail Ashraf
https://www.khaleejtimes.com/business/new-project-launches-to-boost-housing-supply-in-dubai

Sources: summary

PRESS2025-11-26

New project launches to boost housing supply in Dubai

Khaleej Times
Crystal Bay Co-Founders and Directors Rizwan Suriya, Sohail Ashraf, and Shibin Khalid, said, “Vue Dorée is aligned with Crystal Bay Azure’s vision of delivering developments defined by design excellence, high construction quality, and a modern lifestyle offering.
value seen: Sohail Ashraf is identified in independent reporting as a co-founder and director of Crystal Bay Development.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.khaleejtimes.com/business/new-project-launches-to-boost-housing-supply-in-dubai

Sources: tags

PRESS2025-11-26

New project launches to boost housing supply in Dubai

Khaleej Times
Crystal Bay Co-Founders and Directors Rizwan Suriya, Sohail Ashraf, and Shibin Khalid, said, “Vue Dorée is aligned with Crystal Bay Azure’s vision of delivering developments defined by design excellence, high construction quality, and a modern lifestyle offering.
value seen: Co-Founders and Directors
value paraphrased from this source
https://www.khaleejtimes.com/business/new-project-launches-to-boost-housing-supply-in-dubai

Sources: title

PRESS2025-11-26

New project launches to boost housing supply in Dubai

Khaleej Times
Crystal Bay Co-Founders and Directors Rizwan Suriya, Sohail Ashraf, and Shibin Khalid, said, “Vue Dorée is aligned with Crystal Bay Azure’s vision of delivering developments defined by design excellence, high construction quality, and a modern lifestyle offering.
value seen: Co-Founder and Director
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.khaleejtimes.com/business/new-project-launches-to-boost-housing-supply-in-dubai
SK
Shibin Khalid
Shibin Khalid is a co-founder and director of Crystal Bay Development. His professional profile records him as a current director of Crystal Bay Developments from July 2023 and identifies prior leadership as managing director of Crystal Bay Real Estate LLC.
Current title
Co-Founder and Director
since Jul 2023 - Present
Experience
no career length stated
Companies before
Crystal Bay Real Estate LLC
Education
not published
Other boards
none sourced
Known for
FounderDirectorManaging Director
https://linkedin.com/in/shibin-khalid-a5a4b521

Sources: full name

COMPANYdate not shown in source

About – Crystal Bay

Crystal Bay
Shibin Khalid Our approach is rooted in innovation, detail, and long-term vision.
value seen: Shibin Khalid
https://crystalbay.ae/about/

Sources: linkedin page

SOCIAL2026-08-22

Shibin Khalid

LinkedIn
Driving Growth & Innovation in Real Estate Development | Director at Crystal Bay Development LLC
value seen: https://linkedin.com/in/shibin-khalid-a5a4b521
https://linkedin.com/in/shibin-khalid-a5a4b521

Sources: previous companies

SOCIAL2026-08-22

Shibin Khalid

LinkedIn
### Managing Director - Crystal Bay Real Estate LLC Jan 2011 - Jul 2023 (12 years and 6 months)
value seen: Crystal Bay Real Estate LLC
https://linkedin.com/in/shibin-khalid-a5a4b521

Sources: since

SOCIAL2026-08-22

Shibin Khalid

LinkedIn
### Director - Crystal Bay Developments (Current) Jul 2023 - Present (3 years and 1 month)
value seen: Jul 2023 - Present
https://linkedin.com/in/shibin-khalid-a5a4b521

Sources: summary

SOCIAL2026-08-22

Shibin Khalid

LinkedIn
### Director - Crystal Bay Developments (Current) Jul 2023 - Present (3 years and 1 month)
value seen: Shibin Khalid is a co-founder and director of Crystal Bay Development.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/shibin-khalid-a5a4b521

Sources: tags

SOCIAL2026-08-22

Shibin Khalid

LinkedIn
### Managing Director - Crystal Bay Real Estate LLC Jan 2011 - Jul 2023 (12 years and 6 months)
value seen: Director; Managing Director
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/shibin-khalid-a5a4b521

Sources: title

PRESS2025-11-26

New project launches to boost housing supply in Dubai

Khaleej Times
Crystal Bay Co-Founders and Directors Rizwan Suriya, Sohail Ashraf, and Shibin Khalid, said, “Vue Dorée is aligned with Crystal Bay Azure’s vision of delivering developments defined by design excellence, high construction quality, and a modern lifestyle offering.
value seen: Co-Founder and Director
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.khaleejtimes.com/business/new-project-launches-to-boost-housing-supply-in-dubai
LI
Lathif Ilyas
Lathif Ilyas is publicly identified as Sales Director at Crystalbay Development. His profile also shows an association with Crystal Bay’s Dubai sales activity and a professional education entry for Edith Cowan University.
Current title
Sales Director
Experience
no career length stated
Companies before
none sourced
Education
Edith Cowan University
Other boards
none sourced
Known for
Sales Director
https://ae.linkedin.com/in/lathif-ilyas-6a5b40320

Sources: institution

SOCIAL2026-09-26

Lathif Ilyas

LinkedIn
## Education ### Edith Cowan University
value seen: Edith Cowan University
https://ae.linkedin.com/in/lathif-ilyas-6a5b40320

Sources: full name

SOCIAL2026-09-26

Lathif Ilyas - Sales Director at Crystalbay Development

LinkedIn
Lathif Ilyas - Sales Director at Crystalbay Development
value seen: Lathif Ilyas
https://ae.linkedin.com/in/lathif-ilyas-6a5b40320

Sources: linkedin page

SOCIAL2026-09-26

Lathif Ilyas - Sales Director at Crystalbay Development

LinkedIn
Lathif Ilyas - Sales Director at Crystalbay Development
value seen: https://ae.linkedin.com/in/lathif-ilyas-6a5b40320
https://ae.linkedin.com/in/lathif-ilyas-6a5b40320

Sources: summary

SOCIAL2026-09-26

Lathif Ilyas - Sales Director at Crystalbay Development

LinkedIn
Lathif Ilyas - Sales Director at Crystalbay Development
value seen: Lathif Ilyas is publicly identified as Sales Director at Crystalbay Development.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ae.linkedin.com/in/lathif-ilyas-6a5b40320

Sources: tags

SOCIAL2026-09-26

Lathif Ilyas - Sales Director at Crystalbay Development

LinkedIn
Lathif Ilyas - Sales Director at Crystalbay Development
value seen: Sales Director
value paraphrased from this source
https://ae.linkedin.com/in/lathif-ilyas-6a5b40320

Sources: title

SOCIAL2026-09-26

Lathif Ilyas - Sales Director at Crystalbay Development

LinkedIn
Lathif Ilyas - Sales Director at Crystalbay Development
value seen: Sales Director
https://ae.linkedin.com/in/lathif-ilyas-6a5b40320
MH
mahmod hamadeh
mahmod hamadeh is a current Sales Manager at Crystal Bay Developments, with the profile placing him in Dubai and in the sales department. Before Crystal Bay, the profile records sales-management work at Reportage and earlier property-consulting work at Zahrat ALlotus Real Estate.
Current title
Sales Manager
since Feb 2026 - Present
Experience
no career length stated
Companies before
ReportageZahrat ALlotus Real Estate
Education
not published
Other boards
none sourced
Known for
Sales Manager
https://linkedin.com/in/mahmod-hamadeh-643024258

Sources: full name

SOCIAL2026-09-18

mahmod hamadeh

LinkedIn
# mahmod hamadeh Sales Manager
value seen: mahmod hamadeh
https://linkedin.com/in/mahmod-hamadeh-643024258

Sources: linkedin page

SOCIAL2026-09-18

mahmod hamadeh

LinkedIn
### Sales Manager - Crystal Bay Developments (Current) Feb 2026 - Present (7 months)
value seen: https://linkedin.com/in/mahmod-hamadeh-643024258
https://linkedin.com/in/mahmod-hamadeh-643024258

Sources: previous companies

SOCIAL2026-09-18

mahmod hamadeh

LinkedIn
### Sales Manager - Reportage May 2024 - May 2025 (1 year) in دبي الإمارات العربية المتحدة ### Senior Property Consultant - Zahrat ALlotus Real Estate
value seen: Reportage; Zahrat ALlotus Real Estate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/mahmod-hamadeh-643024258

Sources: since

SOCIAL2026-09-18

mahmod hamadeh

LinkedIn
### Sales Manager - Crystal Bay Developments (Current) Feb 2026 - Present (7 months)
value seen: Feb 2026 - Present
https://linkedin.com/in/mahmod-hamadeh-643024258

Sources: summary

SOCIAL2026-09-18

mahmod hamadeh

LinkedIn
### Sales Manager - Crystal Bay Developments (Current) Feb 2026 - Present (7 months) in Dubai, Dubai, United Arab Emirates Department: Sales • Level: Manager
value seen: mahmod hamadeh is a current Sales Manager at Crystal Bay Developments, with the profile placing him in Dubai and in the sales department.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/mahmod-hamadeh-643024258

Sources: tags

SOCIAL2026-09-18

mahmod hamadeh

LinkedIn
# mahmod hamadeh Sales Manager
value seen: Sales Manager
value paraphrased from this source
https://linkedin.com/in/mahmod-hamadeh-643024258

Sources: title

SOCIAL2026-09-18

mahmod hamadeh

LinkedIn
### Sales Manager - Crystal Bay Developments (Current) Feb 2026 - Present (7 months)
value seen: Sales Manager
https://linkedin.com/in/mahmod-hamadeh-643024258
NJ
Nisrine Jadda
Nisrine Jadda is a current Relationship Manager with Crystal Bay Developers, supporting off-plan projects and liaising with brokers and investors. Her profile describes a multilingual professional with experience spanning real estate, administration, sales and luxury service.
Current title
Relationship Manager
since Jan 2025 - Present
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Relationship ManagerMultilingual
https://linkedin.com/in/nisrine-jadda-89671b1b8

Sources: full name

SOCIAL2026-09-19

Nisrine Jadda

LinkedIn
# Nisrine Jadda Multilingual Professional | 10 Years of Experience in Aviation, HR & Real Estate| Based in Dubai
value seen: Nisrine Jadda
https://linkedin.com/in/nisrine-jadda-89671b1b8

Sources: linkedin page

SOCIAL2026-09-19

Nisrine Jadda

LinkedIn
### Relationship Manager - Crystal Bay Developers (Current) Jan 2025 - Present (1 year and 8 months)
value seen: https://linkedin.com/in/nisrine-jadda-89671b1b8
https://linkedin.com/in/nisrine-jadda-89671b1b8

Sources: since

SOCIAL2026-09-19

Nisrine Jadda

LinkedIn
### Relationship Manager - Crystal Bay Developers (Current) Jan 2025 - Present (1 year and 8 months)
value seen: Jan 2025 - Present
https://linkedin.com/in/nisrine-jadda-89671b1b8

Sources: summary

SOCIAL2026-09-19

Nisrine Jadda

LinkedIn
Managing off-plan projects and liaising with brokers and investors to drive sales. Supporting brokers and their clients with presentations, project updates, and tailored property options.
value seen: Nisrine Jadda is a current Relationship Manager with Crystal Bay Developers, supporting off-plan projects and liaising with brokers and investors.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/nisrine-jadda-89671b1b8

Sources: tags

SOCIAL2026-09-19

Nisrine Jadda

LinkedIn
Multilingual professional with 10 years of experience across real estate, admin support, sales, and luxury service.
value seen: Multilingual professional
value paraphrased from this source
https://linkedin.com/in/nisrine-jadda-89671b1b8

Sources: title

SOCIAL2026-09-19

Nisrine Jadda

LinkedIn
### Relationship Manager - Crystal Bay Developers (Current) Jan 2025 - Present (1 year and 8 months)
value seen: Relationship Manager
https://linkedin.com/in/nisrine-jadda-89671b1b8

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

No qualifying completions found in this window.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

0 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

1 found
SAFETY / QUALITY Certified
ISO 9001 Certification
The developer reports that Crystal Bay Developments achieved ISO 9001 certification for its quality-management system, covering process consistency, operational efficiency and regulatory/customer requirements.
Not stated on the retrieved page · https://crystalbay.ae/about/

Risks

Risk flags

2 found
DELIVERY DELAY Reported in 2026; status observed against the Q3/Q4 2026 handover window as of October 15, 2026.
Vue by Crystal Bay in Jumeirah Village Circle was reported as behind schedule: its planned Q3 2026 handover had not been registered, while the project was reported at 68% construction completion; another project record reports the original Q2 2026 promise was moved to Q4 2026. This is a project-level delay finding and does not establish a default by Crystal Bay Development itself.
DELIVERY DELAY 2026-10-15 (13 days overdue against 2026-10-01 commitment)
Vue by Crystal Bay, developed by CRYSTAL BAY DEVELOPMENT L.L.C., was 13 days overdue as of 2026-10-15 against the DLD-recorded planned handover date of 2026-10-01; the project remained under construction at 68.2% complete and had not been handed over. This is a documented project-level delay, not evidence of parent-company liability beyond the named developer entity.

Record status

active
Coverageactive
Tracked sinceOctober 6, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
Claim
Work for this company? Claiming lets you correct the record with sources and get alerts when it changes.
For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.