Elevia Residences
- Apartments
- Bedrooms
- Studio–2 BR
- Size
- 390–1,365 sqft
- Payment plan
- 50/50
- Completion
- Pre-launch
- Available
- 106 / 106
- Handover
- Q1 2027
About Elevia Residences
Design and Construction Quality
Elevia Residences is a single-building development comprising ground floor plus five levels and a roof (B+G+5+R), delivering 106 apartments across studio, 1 and 2-bedroom layouts. The building is developed by Valores Developments, a company formed by founders with backgrounds in contracting and property management.
Construction is carried out by Aroma International Building Contracting L.L.C, a UAE contractor operating since 1998 with more than 25 years of experience in the local market. Unit sizes range from 390 sq ft for studios up to 1,365 sq ft for larger one-bedroom layouts, with 2-bedroom units set at 1,206 sq ft.
Unit Mix and Pricing
The project offers 79 studio apartments, 23 1-bedroom apartments and 4 2-bedroom apartments. Buyers exploring Elevia Residences apartments for sale can find studios starting from AED 550,000, 1-bedroom units from AED 973,000, and 2-bedroom units from AED 1,387,000.
The payment plan is structured as 10% down payment, staged construction milestones from foundation through structure and external envelope totalling 40%, and a final 50% payment scheduled on handover in Q1 2027.
Investment Case for Studios
Studio apartments in Dubai have shown rising average asking rents, moving from roughly AED 38,000 in 2018 to figures projected beyond AED 65,000 by 2026, according to brochure market data. The developer positions studio and 1-bedroom stock as the segment with the fastest rental turnaround, citing lease-up periods of 7 to 14 days for studios versus 30 to 45 days for 2-bedroom units.
Rental yield estimates cited in the brochure range from 7% to 9% for studios, 5% to 6% for 1-bedroom units, and 4% to 5% for 2-bedroom units. The developer frames this against a supply gap, noting roughly 100,000 young professionals relocate to Dubai annually against an estimated 40,000 new studio units delivered per year.
Location and Growth Drivers
The brochure lists the project location as International City Phase 2, Dubai, while the DLD registration records the community as International City Phase 2 And 3. The site is positioned near Dubai Silicon Oasis, International City's existing retail and residential clusters, and more than 35 universities in the surrounding area.
The developer also references the planned Blue Line Metro extension as a factor expected to support future property values and resale activity in the surrounding submarket.
Key highlights
- 106 apartments across studio, 1 and 2-bedroom layouts
- Sizes from 390 sq ft to 1,365 sq ft
- Starting price AED 550,000 for studios
- Handover scheduled Q1 2027
- Located in International City Phase 2, Dubai
- Built by Aroma International Building Contracting, operating since 1998
Why this project
- Single B+G+5+R tower with 106 studio, 1 and 2-bedroom apartments near Dubai Silicon Oasis, priced from AED 550,000
Amenities
- •Swimming pool
- •Gym
- •Kids play area
- •Common area
- •Lobby
Location
Access and Nearby Hubs
Elevia Residences Dubai sits within International City Phase 2 And 3, close to Dubai Silicon Oasis and the wider International City retail and residential precinct. The brochure highlights proximity to more than 35 universities, positioning the project toward student and young-professional tenant demand.
The upcoming Blue Line Metro extension is cited by the developer as a planned infrastructure improvement for the surrounding area, intended to improve connectivity and support resale value over time for buyers considering off-plan purchases in this part of Dubai.
Payment plan
Project information
- Developer
- Valores Developments
- Handover
- Q1 2027
- Total units
- 106
- RERA Escrow
- RAK Bank (National Bank of Ras Al Khaimah)
- DLD Project #
- 3635
DLD-verified today
Project intelligence
Construction timeline. DLD resale and rent analytics will populate as this community matures.
Elevia Residences — handover progress
0%Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.
Bedrooms available at Elevia Residences
- Studio
- 1 Bedroom
- 2 Bedrooms
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