FAQ
Frequently Asked Questions
Still have questions? Reach out directly at hello@codevelop.ae or fill out the contact form.
Registered members get priority support.
Property owners list their properties choosing Profit Split (developer funds the renovation, no cost to owner) or Self-Funded (owner funds it and pays the developer directly). Verified developers browse listings and send inquiries, both parties sign a contract, and development begins.
Profit Split: the developer funds the renovation and, after sale, profits are shared 60% developer, 35% owner, 5% CO DEVELOP. Self-Funded: you fund the renovation yourself and pay the developer directly for their work, keeping 100% of the value increase with no commission to CO DEVELOP.
Only if you choose Self-Funded. With Profit Split, the developer covers all costs and you receive 35% of net profit with zero capital. With Self-Funded, you cover the renovation costs yourself but keep all future value.
Every developer goes through a 24–48 hour verification process that includes company registration checks, reference projects, and document review. Only approved developers can contact property owners.
If the property doesn't sell after development, it is rented out. The developer receives a share of rental income until their invested capital plus an agreed minimum return is recovered. A maximum rental period is defined in the contract, after which a sale is required.
The property owner retains legal ownership throughout the development process. The developer has a contractual right to a share of the proceeds upon sale.
CO DEVELOP takes 5% of the net profit upon sale. There are no upfront fees for property owners. Developers pay a monthly membership fee to access property listings.
Net profit = Sale price minus the agreed starting value of the property minus development costs. This is then split 60/35/5 between developer, owner, and CO DEVELOP.
All disputes are handled through the Dubai International Arbitration Centre (DIAC). CO DEVELOP acts as a neutral intermediary and can facilitate mediation before formal arbitration.
How it works
List your property
The owner brings a property with potential — free, no upfront capital needed.
Match with a developer
CO DEVELOP connects the owner with a verified developer who brings capital and expertise.
Develop together
The developer upgrades the property, secured and tracked through the deal room.
Sell & share profit
After the sale, both sides share the profit — fairly and transparently.