Elevia Residences: Getting In for 10%
10% down gets a buyer into Elevia Residences. That is the opening figure at this Valores Property Development project in International City Phase 2, Dubai. For buyers stretching to own rather than rent, that entry cost matters. Construction started in April 2025, and handover is scheduled for June 2027, roughly 26 months away.
International City Phase 2: The Eastern Corridor
International City sits in the eastern half of Dubai, between the airport corridor and the Al Warsan area. It is closer to Dubai International Airport than to Downtown or the Marina. The commute to the airport typically runs 15 to 20 minutes. Downtown and Business Bay sit roughly 25 to 35 minutes away in normal traffic. Dragon Mart is a short drive, and the Academic City Road corridor connects residents to universities and technology parks.
For daily life, this is a car-dependent district. The Metro does not serve International City directly. The area has an established tenant base of working professionals, small business owners, and families. Phase 2 is the newer expansion of the original master plan. Buyers here typically come for yield or entry-level ownership, not a central address.
What AED 450K to AED 1.39M Buys You Here
Elevia Residences offers only apartments, yet the price range spans from AED 450,000 to AED 1,387,000. A spread of nearly AED 940,000 within one property type reflects significant differences in unit size.
Studios and compact one-bedrooms sit at the lower end. At AED 450,000, the entry price reflects the district's mid-market character and suits investors and first-time buyers. The upper end, at AED 1.3M and above, addresses buyers prioritising floor area over address. A large two or three-bedroom unit in this district at that price is a space-over-location trade. Both ends of the range represent distinct buyer profiles under one roof.
Eight Amenities Built Around Daily Life
| Category | Facilities |
|---|---|
| Fitness & Leisure | Gymnasium, Landscaped Gardens |
| Dining & Retail | Restaurants, Retail Facilities |
| Community | Community Hall, Children's Play Area |
| Safety & Practical | CCTV Security, Covered Parking |
The set covers practical community needs rather than luxury features. On-site restaurants and retail reduce the need for daily trips outside the building. The children's play area and community hall signal a family-oriented target resident. This is an amenity set built for long-term occupiers, not short-stay visitors or lifestyle buyers.
Off-Plan with 26 Months to Go
Construction began in April 2025. The developer targets handover in June 2027. A buyer signing now enters with roughly 26 months of build time ahead.
For an investor, rental income begins no earlier than mid-2027. For an end-user, the timeline fits a standard Dubai off-plan cycle. The low down payment means limited capital is deployed during the construction period.
Half the Price Due at Handover
| Stage | Share |
|---|---|
| Down payment | 10% |
| During construction | 40% |
| On handover | 50% |
A 10% entry point is low. The construction-period payments spread the next 40% across the build schedule, keeping the ongoing outlay gradual. The concentration is at the end: 50% falls due at handover.
Mortgage buyers align that payment with the standard home-loan drawdown at completion. For cash buyers, the numbers are concrete: AED 225,000 at handover on the entry-level unit, AED 693,500 on the top end. All payments clear before keys change hands, with no post-handover schedule.
