Elevia Residences III
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
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 24,380 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,735
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 36,725 / 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
Elevia Residences III launch basis628AED 565,000Current launch / asking basis
Dubai International City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai International 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 Valores Property Development.

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Payment Structure

20% down payment

Flexible Payment

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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

Dragon Mart — 5 mins
Global Village — 15 mins
Dubai International Airport — 20 mins
Dubai Silicon Oasis — 12 mins
Dubai International CityDubai International CityDubai, UAE

Developer Track Record

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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