Coventry Cove
Off-Plan

Coventry Cove

From AED 504,400·Handover Mar 2028·20% down payment Payment
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AED 504,400
Starting Price
Mar 2028
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Coventry Cove is a modern residential complex from developer GFS Developments, located in Dubai Industrial City, Dubai. The building includes a basement level, a ground floor, six residential floors and a roof. The architecture of the complex is laconic and elegant. The building is decorated in bright colors with contrasting accents of brick and glass, which creates a feeling of lightness and airiness. Panoramic windows and balconies with transparent railings provide wonderful views of the surrounding area. The project features studios and one-bedroom apartments offering various layout options. Coventry Cove offers a variety of amenities for a comfortable life: swimming pools, running track, badminton court, meditation areas, mini golf, gym, children's playground and parking. The complex is located in an area with developed infrastructure and convenient transport accessibility. EOI: 10 000 AED

Project Specifications
DeveloperGFS Developments
LocationDubai Industrial City
Unit TypesStudio, 1 BR, Apartments
AreaDubai Industrial City
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 21,765 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,120
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 32,786 / 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 Cove launch basis560AED 504,400Current launch / asking basis
Dubai Industrial City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Industrial City premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Coventry Cove — View 2
Coventry Cove — View 3
Coventry Cove official render 1

Coventry Cove official render 1

Coventry Cove official render 2

Coventry Cove official render 2

Coventry Cove official render 3

Coventry Cove official render 3

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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Floor Plans

Coventry Cove — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
Children’s pool
Covered Parking
Jogging tracks
Kids Play Area
Kids splash pad
Leisure areas
Lift
Lobby
Meditation zone
Mini Golf
Pool Deck
Resting Areas
Shared gym
Sitting Area
Sports ground
Sunken Seating
Waterfall

Location

Dubai Industrial City

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Industrial CityDubai Industrial CityDubai, UAE

Developer Track Record

01

Coventry Cove by GFS Developments

02

Located in Dubai Industrial City

03

Starting from AED 504,400

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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