New homes in Coventry 2 start at AED 452,000; keys are due Jun 2028; you pay 5% to book, 50% while it is built and 45% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 208 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Warsan Fourth. Their median price is AED 1,320 per sq ft (about AED 487,000 at 369 sq ft). This project's from price is AED 1,225 per sq ft (AED 452,000 for its smallest home, 369 sq ft), 7% less.
Keys
Jun 2028
The developer's handover date
Payment plan
5 / 50 / 45
5% to book, 50% while it is built, 45% at the keys
Bedrooms
Studio to 2 beds
Sizes
369 to 932 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,225 per sq ft
Similar off-plan homes: AED 1,320 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 5% when you book, 50% as the building goes up, and 45% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
5%
AED 22,600
Feb 2027
While it is built
8.3%
AED 37,667
Apr 2027
While it is built
8.3%
AED 37,667
Jul 2027
While it is built
8.3%
AED 37,667
Oct 2027
While it is built
8.3%
AED 37,667
Jan 2028
While it is built
8.3%
AED 37,667
Mar 2028
While it is built
8.3%
AED 37,667
Jun 2028
Keys
45%
AED 203,400
Booking payment, 5%
AED 22,600
Dubai Land Department fee (Oqood), 4%
AED 18,080
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 40,680
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 12 per sq ft a year in 2023, from 8 buildings on the Dubai Land Department register. For the smallest home (369 sq ft) that is about AED 4,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 208 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Warsan Fourth, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Warsan Fourth, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 208 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Warsan Fourth, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,320 per sq ft
AED 861 to AED 976 per sq ft
1 sale
AED 976 to AED 1,091 per sq ft
6 sales
AED 1,091 to AED 1,205 per sq ft
31 sales
AED 1,205 to AED 1,320 per sq ft
64 sales
This project's from price is in this band.
AED 1,320 to AED 1,434 per sq ft
57 sales
AED 1,434 to AED 1,549 per sq ft
28 sales
AED 1,549 to AED 1,663 per sq ft
17 sales
AED 1,663 to AED 1,778 per sq ft
4 sales
AED 861 per sq ftAED 1,778 per sq ft
This project AED 1,225 per sq ft
Half of the sales sold for AED 1,248 to AED 1,422 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 861 to AED 976 per sq ft
1
AED 976 to AED 1,091 per sq ft
6
AED 1,091 to AED 1,205 per sq ft
31
AED 1,205 to AED 1,320 per sq ft
64
AED 1,320 to AED 1,434 per sq ft
57
AED 1,434 to AED 1,549 per sq ft
28
AED 1,549 to AED 1,663 per sq ft
17
AED 1,663 to AED 1,778 per sq ft
4
The 3 closest sales
Picked from the 208 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 478,768AED 1,300 per sq ftCoventry 2, 368 sq ft
Aug 2026AED 488,580AED 1,326 per sq ftCoventry 2, 368 sq ft
Feb 2026AED 459,197AED 1,248 per sq ftZyra Vista Residences, 368 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Al Warsan in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 452,000 here
Off-plan medianAED 520,000AED 1,250 per sq ft
Sales336
7% below 208 similar sales
1-bed apartment
Off-plan medianAED 870,000AED 1,149 per sq ft
Sales584
2-bed apartment
Off-plan medianAED 1,249,000AED 1,078 per sq ft
Sales149
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
8.8%
Typical for similar ready homes
9.2%
Median rent of studio apartments in Al Warsan
AED 40,000 a year
Rent contracts counted
1,461
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 55,385 a year
2-bed apartment
AED 70,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 452,000 = 8.8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
宿舍2.1 km, 5 min driveSchool
Repton School Dubai2.5 km, 11 min driveBritish school
Sharjah American International School Dubai4.5 km, 13 min driveAmerican school
GEMS Wellington Academy3.5 km, 11 min driveIB school
Indian International School4.3 km, 11 min driveIndian school
Q1 Mall2.3 km, 5 min driveMall
Fakeeh University Hospital3.1 km, 6 min driveHospital
Coventry 2 is a GFS Developers apartment project in Al Warsan with studios to 2-bedroom homes from AED 452,000 and a listed handover of June 2028. You can book with 5% down, and the from price is 7.2% below 208 similar studio sales in the area (12 months to October 2026).
The plan is 5% on booking, 50% during construction and 45% at handover. At the from price you pay AED 22,600 to book, AED 226,000 during the build and AED 203,400 at handover. The listed handover is June 2028. The listing also shows a four-step 5 / 50 / 10 / 35 version, so ask the developer which plan applies. Separately, the 4% DLD fee comes to about AED 18,100; ask when it is due.
The from price is 7.2% below 208 similar studio sales in Warsan Fourth (12 months to October 2026). The check compares price per square foot, not total price. Ask which unit the from price covers before you compare.
Sizes run from 369 to 932 sq ft. The listing gives about 369 sq ft for a studio, 625 sq ft for one bedroom and 821 sq ft for two. In places the listing mentions only studios and one-bedroom homes, so confirm two-bedroom units are on sale. For shared use there is a gym, a pool and a kids' pool, a play area, a lobby and covered parking.
A clinic is about 510 m away, Repton School Dubai about 2.5 km and GEMS Wellington Academy about 3.5 km. Centrepoint Metro Station (formerly Rashidiya) is about 14 minutes by car. The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.
