Coventry 49
Off-Plan

Coventry 49

From AED 1.03M·Handover Dec 2027·20% down payment Payment
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AED 1.03M
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Coventry 49 is a modern mid-rise residential building from developer GFS Developments, located in the developing Dubai South area. There are 54 residences in the complex: studios and apartments with 1-2 bedrooms, which are equipped with their own balconies. The architecture of the complex is a modern building, including a ground floor, 4 residential levels and a roof with amenities, combining urban practicality and modern comfort. The interiors of the apartments are characterized by modern design and high-quality finishes. Residents of Coventry 49 are offered modern amenities, including: men's and women's gyms, rooftop pool, rooftop lounge area and children's playground. There is a reception and a spacious lobby on the ground floor. Parking is provided for cars. The project is conveniently located, which provides easy access to key infrastructure facilities. Expo Metro Station is a 12-minute drive away, Al Maktoum International Airport is a 15-minute drive away, Mall of the Emirates is a 30-minute drive away, and Downtown Dubai is a 35-minute drive away.

Project Specifications
DeveloperGFS Developments
LocationDubai South
Unit Types1 BR, 2 BR, Apartments
AreaDubai South
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 44,325 / year
Cash-on-Cash
2.2%
Levered cashflow AED 10,426
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 66,770 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Coventry 49 launch basis1,141AED 1.03MCurrent launch / asking basis
Dubai South ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai South premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Coventry 49 official render 1

Coventry 49 official render 1

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Coventry 49 official render 9

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Coventry 49 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from GFS Developments.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Covered Parking
Covered gym
Fitness Zone
Infinity pool
Kids Play Area
Leisure areas
Lift
Lobby
Lounge
Pool Deck
Pool Lounge
Recreational areas
Roof Gardens
Rooftop Pool
Shared gym & fitness
Sitting Area

Location

Dubai South

Nearby Destinations

Al Maktoum International Airport — 8 mins
Expo City Dubai — 10 mins
Ibn Battuta Mall — 20 mins
Palm Jebel Ali — 15 mins
Dubai SouthDubai SouthDubai, UAE

Developer Track Record

01

Coventry 49 by GFS Developments

02

Located in Dubai South

03

Starting from AED 1,027,226

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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