Coventry Residences 3 — project image
Off-Plan

Coventry Residences 3

From AED 527,185·Handover Dec 2027·20% down payment Payment
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AED 527,185
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
Studio · Apartments
Type

Project Overview

Coventry Residences III is a project by the developer GFS Developments, Dubai South, offering premium-class contemporary living. The development consists of a residential building with a basement level, ground level, five residential floors, and a rooftop with amenities. The collection includes studios and one-bedroom apartments. The building's architecture follows a modern minimalist style with a focus on clean lines and high-quality finishes. The residences are designed with both functionality and aesthetics in mind. Interiors feature quality materials, blending modern elements with a warm atmosphere, while layouts are thoughtfully planned down to the last detail. Residents have access to a wide range of amenities, including a swimming pool with submerged sunbeds, a leisure deck, a kids’ pool and splash pad, jogging tracks, a lazy river, fire pits, shaded gazebos, waterfalls, landscaped relaxation zones, and garden areas. The rooftop hosts a gym, yoga and meditation zones, changing rooms, a multipurpose entertainment room, indoor games room, outdoor cinema, and a BBQ and dining area. The project is located in a promising part of the city, close to key infrastructure. Al Maktoum International Airport and Expo City are just a few minutes’ drive away, making the location ideal for both comfortable living and investment opportunities.

Project Specifications
DeveloperGFS Developments
LocationDubai Industrial City
Unit TypesStudio, Apartments
AreaDubai Industrial City
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 22,748 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,351
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 242,505 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Astraterra Properties

Official Documents

Download official marketing materials from GFS Developments.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Conference room
Jogging tracks
Kids splash pad
Landscaped garden
Leisure areas
Lift
Lobby
Meditation zone
Outdoor cinema
Recreational areas
Shared Pool
Shared gym & fitness
Walking paths
Yoga studio

Location

Coventry Residences 3 location map
Project location

Nearby Destinations

Dubai Industrial City

Developer and Project Facts

01

Coventry Residences 3 by GFS Developments

02

Located in Dubai Industrial City

03

Starting from AED 527,185

04

Unit mix includes Studio, Apartments

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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