Elevia Residences

Elevia Residences is a five-floor residential building under construction in Warsan Fourth, Dubai, within International City Phase 2. Valores Property Development is building it, with Aroma International Building Contracting as the construction contractor. Handover is planned for Q1 2027, and construction progress stands at 9%.

Apartments and Sizes

The building will hold 106 apartments: 79 studios, 23 one-bedroom units and 4 two-bedroom units. Studios range from 37.81 m² to 49.8 m² and start at 565,000 AED. One-bedroom apartments range from 83.98 m² to 126.81 m² and start at 1,084,744 AED, while two-bedroom apartments start at 112.04 m² and 1,447,057 AED. Across all types, apartment areas run from 390 to 1365 sq ft.

Payment Plan

The purchase plan is split 50/50: half of the price is paid before handover and the other half on handover. The initial deposit is 10% of the price, with a further 10% due 45 days after booking. The remaining 30% before handover is spread across five payments linked to construction stages.

Ownership and Costs

All apartments are freehold. The service charge is 129.17 AED per m² a year, and the price per m² is 12,910 AED.

Amenities

Residents will have access to a swimming pool and a gym. A children's playground is planned for families with children. The project also includes a lobby, a club house and common areas.

Location and Transport

The building sits a few minutes from Silicon Oasis, International City and more than 35 universities. The opening of the Blue Line metro extension is expected. Landmarks listed near the project include Dragon Mart, City Centre Mirdif, Dubai Festival City Mall and Dubai Outlet Mall, as well as Burj Khalifa, The Dubai Fountain, Dubai Frame, Infinity Bridge, Jumeirah Mosque and Al Qasba.