Elevia Residences by Valores - Overview
Elevia Residences offers modern, investment-focused apartments in Dubai's International City Phase 2 (Warsan 4). Positioned to address the shortage of high-quality housing for young professionals, this development projects rental yields of up to 9% for studio units. Residents benefit from a location that balances connectivity with affordability, set for completion in Q2 2027.
- Starting Price: ~AED 550,000 ( ~€128k / ~$149k)
- Unit Types: Studio, 1 Bedroom, 2 Bedroom
- Projected ROI: 7% - 9% (Studio), 5% - 6% (1 Bedroom)
- Location: International City 2, Dubai
Features & Amenities
The development prioritizes functional luxury, providing spaces designed for wellness and social interaction.
- Recreation: Outdoor swimming pool with deck, jogging track, and landscaped gardens.
- Fitness: Fully equipped gym and yoga area.
- Family & Social: Dedicated children's play area and BBQ zones for gatherings.
- Convenience: Smart home technology integration and sleek, modern lobby.
Payment Plan
Elevia Residences offers a payment structure designed for investors and end-users, typically following a 50/50 split.
| Milestone | Percentage | Timing |
|---|---|---|
| Down Payment | 10% | On Booking |
| Construction | 40% | During construction phases |
| Handover | 50% | Upon completion (Q2 2027) |
Floor Plans & Unit Types
Units feature modern design with open layouts to maximize space and natural light.
Studio Apartments
- Size Range: ~390 sqft to ~535 sqft (Total Area)
- Details: Efficient layouts with balcony sizes ranging from ~62 sqft to ~206 sqft. Ideal for high rental turnover.
1 Bedroom Apartments
- Size Range: ~788 sqft to ~1,365 sqft (Total Area)
- Details: Spacious living/dining areas with significant balcony space (up to ~669 sqft in select units).
2 Bedroom Apartments
- Size Range: ~1,205 sqft (Total Area)
- Details: Family-oriented layouts featuring large balconies (~319 sqft) and ensuite bathrooms.
Location
Situated in International City Phase 2, the project offers quick access to Dubai’s academic and commercial hubs. The area is positioned for growth with the upcoming Blue Line Metro expansion.
- Silicon Oasis: Minutes away.
- Academic City: Close proximity to 35+ universities.
- Retail: Near Dragon Mart and Mirdif City Centre.
- Connectivity: Direct access to main roads, ensuring short commutes to Downtown Dubai and the airport.
Master Plan
Elevia Residences is part of a broader push to modernize International City 2. The development focuses on filling the supply gap for studio apartments, where demand from 100,000+ new professionals entering Dubai yearly outstrips the current supply. The strategic location ensures long-term asset appreciation driven by infrastructure upgrades like the Metro Blue Line.
About Valores Property Development
Valores Property Development LLC is a developer formed by industry experts with backgrounds in contracting and property management. They focus on creating "mid-luxury" residential projects in emerging neighborhoods like Al Furjan and International City 2. Their approach centers on delivering premium quality and functional design to establish new benchmarks in the region's real estate market.
DLD Project Information
Residential Building (B+G+5+R)
Area: Warsan Fourth
Land Count: 1
Inspection Date: 2025-04-10 15:36:42