Coventry Residences 3
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
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 22,748 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,351
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 34,267 / 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 Residences 3 launch basis586AED 527,185Current 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

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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 Residences 3 — 1 Bedroom Floor Plan

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

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 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

Get Qualified for Coventry Residences 3

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