Elevia Residences III — project image
Off-Plan

Elevia Residences III

From AED 565,000·Handover Dec 2027·20% down payment Payment
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AED 565,000
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Elevia Residences III is a residential complex by Valores Property Development, located in Warsan 4, Dubai. The project is a mid-rise building with a basement floor, a ground floor and five residential floors. The architecture of the complex is designed in a contemporary style with an emphasis on clean lines and functionality, creating a harmonious combination of aesthetics and practicality. Elevia Residences III offers studios, as well as one- and two-bedroom apartments. The interiors are designed in a modern style with a neutral color palette, where light tones visually expand the space, while warm accents make it feel more inviting. The complex offers key amenities, including a swimming pool, gym, children’s play area and covered parking, creating a comfortable environment. Thanks to the location of the complex, residents have convenient access to key destinations: Academic City — 5 minutes, Fruits & Vegetables Market — 10 minutes, Dubai Mall and Mirdif Mall — 10–20 minutes, Dubai International Airport — around 20 minutes. For sale: Studio – from 565 000 AED / 428 sq. ft. 1 BR – from 1 050 000 AED / 840 sq. ft. 2 BR – from 1 425 900 AED / 1 181 sq. ft. EOI: 20 000 AED The launch date will be announced later

Project Specifications
DeveloperValores Property Development
LocationDubai International City
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaDubai International 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 24,380 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,735
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 259,900 / 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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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Valores Property Development.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Broadband Internet
Covered Parking
Kids Play Area
Lift
Lobby
Outdoor Yoga
Pool Deck
Resting Areas
Security and CCTV
Shared Pool
Shared gym
Sitting Area
Social zone

Location

Dubai International City

Nearby Destinations

Dubai International City

Developer and Project Facts

01

Elevia Residences III by Valores Property Development

02

Located in Dubai International City

03

Starting from AED 565,000

04

Unit mix includes Studio, 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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