New homes in Elevia Residences start at AED 565,000; keys are due Mar 2027; you pay 10% to book, 40% while it is built and 50% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 49 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Elevia Residences. Their median price is AED 1,351 per sq ft (about AED 550,000 at 407 sq ft). This project's from price is AED 1,388 per sq ft (AED 565,000 for its smallest home, 407 sq ft), 3% more.
Keys
Mar 2027
The developer's handover date
Payment plan
10 / 40 / 50
10% to book, 40% while it is built, 50% at the keys
Bedrooms
Studio to 2 beds
Sizes
407 to 1,206 sq ft
Ownership
Freehold
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 1,388 per sq ft
Similar off-plan homes: AED 1,351 per sq ft
RERA project
3635
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Jun 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك راس الخيمه الوطنى ش.م.ع
The bank that holds your payments
Registered homes
106
In 1 buildings
Paying for it
You pay 10% when you book, 40% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 56,500
Jan 2027
While it is built
40%
AED 226,000
Mar 2027
Keys
50%
AED 282,500
Booking payment, 10%
AED 56,500
Dubai Land Department fee (Oqood), 4%
AED 22,600
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 79,100
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.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
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 (407 sq ft) that is about AED 5,000 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 49 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Elevia Residences, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 49 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Elevia Residences, 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 1,351 per sq ft
AED 1,204 to AED 1,229 per sq ft
7 sales
AED 1,229 to AED 1,255 per sq ft
2 sales
AED 1,255 to AED 1,280 per sq ft
1 sale
AED 1,280 to AED 1,306 per sq ft
7 sales
AED 1,306 to AED 1,332 per sq ft
2 sales
AED 1,332 to AED 1,357 per sq ft
10 sales
AED 1,357 to AED 1,383 per sq ft
2 sales
AED 1,383 to AED 1,408 per sq ft
20 sales
This project's from price is in this band.
AED 1,204 per sq ftAED 1,408 per sq ft
This project AED 1,388 per sq ft
Half of the sales sold for AED 1,293 to AED 1,388 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 1,204 to AED 1,229 per sq ft
7
AED 1,229 to AED 1,255 per sq ft
2
AED 1,255 to AED 1,280 per sq ft
1
AED 1,280 to AED 1,306 per sq ft
7
AED 1,306 to AED 1,332 per sq ft
2
AED 1,332 to AED 1,357 per sq ft
10
AED 1,357 to AED 1,383 per sq ft
2
AED 1,383 to AED 1,408 per sq ft
20
The 3 closest sales
Picked from the 49 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 570,000AED 1,401 per sq ftElevia Residences, 407 sq ft
Sep 2026AED 540,000AED 1,327 per sq ftElevia Residences, 407 sq ft
Sep 2026AED 540,000AED 1,327 per sq ftElevia Residences, 407 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 International City 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 565,000 here
Off-plan medianAED 520,000AED 1,250 per sq ft
Sales336
3% above 49 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
7.1%
Typical for similar ready homes
9.2%
Median rent of studio apartments in International City
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 565,000 = 7.1%. 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 Dubai2.2 km, 10 min driveBritish school
Sharjah American International School Dubai4.2 km, 12 min driveAmerican school
GEMS Wellington Academy3.7 km, 11 min driveIB school
Primus Private School4.3 km, 13 min driveIndian school
Q1 Mall2.6 km, 5 min driveMall
Fakeeh University Hospital3.3 km, 6 min driveHospital
Elevia Residences is a Valores Property Development building in International City, with studio to two-bedroom apartments from AED 565,000 and the listed handover in March 2027. Half the price is due at handover, about four months away, so ask for a construction update.
DLD lists 49 studio sales in Elevia Residences itself over the 12 months to October 2026, and the from price per square foot is 2.7% above them. The check compares price per square foot, not total price. Check the price and size of your unit against those sales.
You pay 10% on booking, 40% during construction and 50% at handover. At the from price that is AED 56,500 on booking, AED 226,000 during construction and AED 282,500 at handover. Separately, the 4% DLD fee comes to AED 22,600; ask when it is due. With handover listed for March 2027, ask what you would owe on signing.
Homes range from studios to two bedrooms. The listing gives a size range of 407 to 1,206 sq ft, but the developer quotes a 504 sq ft studio and a 1,279 sq ft one-bedroom that is larger than the 1,206 sq ft two-bedroom. Check the floor plans for the exact size of your unit. Residents get a pool, a children's pool, a gym, a play area, covered parking, a lobby and 24-hour security, and homes have balconies.
A clinic is about 430 m away. Repton School Dubai is about 2.2 km away, around 10 minutes by car, and GEMS Wellington Academy about 3.7 km. Centrepoint Metro Station (formerly Rashidiya) is about 9.2 km away, around 14 minutes by car.
