Coventry 2 by GFS Developers: Getting Started for 5%
Coventry 2 is a residential apartment project by GFS Developers in Al Warsan 4, Dubai. Construction began in March 2025 and delivery is targeted for December 2028. The entry point is the first thing worth examining: a 5% down payment to secure a unit, paired with a post-handover payment arrangement that spreads obligations well beyond handover. Apartments range from AED 857,000 to AED 994,125, keeping every unit in the sub-AED 1 million bracket.
Getting In for 5%
Put down 5% to secure a unit. The next 50% is paid during construction, spread across the build period running through December 2028. At handover you contribute another 10%, bringing the total pre-handover commitment to 65%. The remaining 35% is payable after handover.
| Stage | Percentage |
|---|---|
| Down payment | 5% |
| During construction | 50% |
| At handover | 10% |
| Post-handover | 35% |
The post-handover portion matters for both investors and end-users. For investors, 35% still outstanding at handover means the unit can potentially generate rental income before the purchase is fully settled. For owner-occupiers, it smooths out what is typically the most cash-intensive point in an off-plan purchase.
What AED 857K to AED 994K Gets You
Apartments are priced between AED 857,000 and AED 994,125. The spread is around AED 137,000, which is relatively narrow. That signals a consistent product across the range rather than a development mixing very different unit sizes or configurations under one price umbrella.
Buyers at the lower end get into the same development and access the same amenity set and payment structure as those at the upper end. The price gap reflects variation within a comparable unit class, not a jump between fundamentally different products.
Al Warsan 4: What the Location Means in Practice
Al Warsan 4 sits on Dubai's eastern edge, within the broader Al Warsan district and bordering International City. The area connects to Sheikh Mohammed Bin Zayed Road, one of Dubai's main arterial routes linking the east side to the central city. Dragon Mart is minutes away, and the retail, dining, and service infrastructure around International City covers everyday needs without a drive into more central areas. Dubai International Airport is also within reach, roughly 15 to 20 minutes by road.
For professionals working near the Airport Free Zone, Festival City, or Deira, the commute is short and practical. Reaching Downtown Dubai or Business Bay typically runs 30 to 45 minutes depending on traffic. Al Warsan 4 suits buyers who want space and value at a sub-AED 1 million entry rather than paying a premium for a central address.
What the Amenities Say About This Building
| Category | Amenity |
|---|---|
| Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Convenience | Restaurants, CCTV Security |
Six amenities across three themes. The indoor swimming pool is a practical advantage in Dubai's climate, where outdoor pools are limited to the cooler months. An indoor facility provides year-round access, which makes a tangible difference for regular swimmers. Combined with the gymnasium, the wellness component here covers the bases without overreach.
The children's play area and landscaped gardens signal a family-oriented building. The on-site restaurant reduces friction around daily living, particularly relevant in an eastern district where driving out for every meal is the default. For investors, that self-contained setup supports a tenant profile of longer-stay families and residents.
Build Timeline: 30 Months to Handover
Construction started March 2025 with completion expected December 2028. Buyers entering now are approximately 30 months from handover. The project is early in the build cycle, so significant on-site progress is still ahead. That timeline covers the full 50% construction payment phase, giving buyers clear visibility on when payments fall and how they align with the build schedule.