Coventry Residence

Key facts

Handover

Q3 2027

Status

Under construction

Ownership

freehold

Property types

apartment

Availability

Sold out

How Coventry Residence compares

Entry here is AED 450,000, against a median of AED 568,500 across the 21 priced projects in Dubai Industrial City, the lowest entry price in the community. The plan opens at 5% down, against a Dubai median of 10%, so it asks 5% less up front than the typical plan. Handover lands in Q3 2027, alongside 126 other projects completing in the same quarter. GFS Developers has 15 projects in our catalogue, 7 of them in Dubai Industrial City.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Landscaped Gardens
• Gymnasium
• Yoga room
• Indoor Swimming Pool
• Cinema
• Barbecue Area
• Children's Play Area

Location

Coventry Residence sits in Dubai Industrial City.

What you pay, and when

The launch payment plan was 5% on booking, 39% during construction, 20% at handover and 36% after handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 15,000 at this resale price. That 5% booking payment does not go to GFS Developers directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 380 square feet at AED 450,000, which works out at AED 1,184 per square foot. Stated sizes run from 380 to 880 square feet.

Ownership and residency

Coventry Residence is sold freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed falls short of the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in studio to 1 bedroom layouts. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Shared facilities recorded for Coventry Residence lead with yoga room and cinema, alongside the landscaped gardens, gymnasium, indoor swimming pool, barbecue area and children's play area that most Dubai developments carry. 2 floor plans are published for it.

Frequently asked