Valores Property Development

Elevia Residences III

The third Elevia building, and the one with the least agreement around it. Agent listings quote studios from AED 565,000, sizes from 428 sq ft and a Q4 2027 handover on a 20/10/70 plan — while another listing dates a Valores phase in the same district to March 2027 on a 50/50 plan from AED 450,000. The developer publishes nothing at all.

Location
International City, Dubai
From
About AED 565,000 (agent-listed)
Status
Announced · not on the portal
Handover
Q4 2027 · another listing says March 2027
Plan
20 / 10 / 70 · another listing says 50/50

Three sources, three projects’ worth of disagreement. One listing describes Elevia III as announced and not yet open for booking. Another, for a “Valores phase 3” in the same district, says sales opened in August 2025, construction started the next day, delivery is March 2027 and the plan is 50/50 from 450,000. They may be describing the same building badly, or two different buildings. Nobody at the developer has said which.

About Elevia Residences III

Elevia Residences III is the third building in the series and, by the only listings that exist, the smallest entry: studios from AED 565,000, sizes from 428 sq ft (about AED 1,320 per square foot), one-bedrooms from around 840 sq ft and two-bedrooms to 1,181 sq ft. As with Elevia II, there is no developer page and no listing portal record.

The listings contradict each other on the things that matter. One source gives a 20/10/70 plan — 20% at booking, 10% during construction, 70% at handover — and dates completion to Q4 2027. Another, for a “phase 3” in International City, says booking opened in August 2025, construction began immediately, delivery is March 2027, the plan is 50/50 and the launch price was 450,000. A 70% handover payment and a 50/50 split are not variations on a theme; they are different products, three quarters and 115,000 dirhams apart.

Which is it? A 20/10/70 structure is what a developer uses when it wants cash at handover rather than during construction, and it usually points to a later programme — consistent with Q4 2027. A 50/50 from a launch in August 2025 fits a building that was already under construction, consistent with March 2027. Both stories are internally coherent, which is exactly why we are not going to pick one for you.

What to do with it. Nothing, until the developer publishes. Anyone asking you to reserve on the strength of an agent’s PDF should be able to produce a developer price list, a payment schedule with dates, an escrow account and a permit. If they cannot, the number you are being quoted is a guess with a commission attached.

Compiled November 2026 from third-party agent listings, which disagree on price, payment plan and handover. The developer’s own site carries no page for this project and the listing portal has no record of it. Nothing on this page has been confirmed by the developer.

What is published about the layouts

One listing publishes a layout range; nothing else has appeared:

Type Size From (agent-listed)
Studio 428 sq ft AED 565,000
1-bedroom 840 sq ft AED 1,050,000
2-bedroom 1,181 sq ft AED 1,425,900

At those figures the entry rate is about AED 1,320 per square foot, the one-bedroom about AED 1,250 and the two-bedroom about AED 1,207 — a descending curve, which is the normal shape and, if anything, the most internally consistent thing about this project. Whether the numbers are the developer’s or an agent’s estimate is unknown.

Price and payment plan

Two plans are in circulation and they are not compatible:

Source Plan On a AED 565,000 studio
Listing A 20 / 10 / 70 113,000 booking · 56,500 construction · 395,500 at handover
Listing B 50 / 50 about 282,500 before handover · 282,500 at handover

The difference is not academic. Under 20/10/70 you need 169,500 before the building is finished and 395,500 at the door. Under 50/50 you need 282,500 during construction and the same again at handover. One asks for cash early, the other late, and neither has been confirmed by the developer.

Whatever the answer, on these prices there is nothing payable after handover — which, as with the other Elevia buildings, keeps the financing simple but concentrates the risk on the completion date.

Amenities

No amenity schedule has been published. The first Elevia building carries a long portal list, most of which describes International City rather than the building, and nothing published suggests Elevia III will differ.

Assume a pool, a gym, parking and security — the standard set for a low-rise building in this district — and ask for the service charge estimate, which on a small building is the number that decides whether the yield claim survives.

Where it is

As with the rest of the series: International City, Al Warsan, eastern Dubai. Ten minutes to the airport, close to Academic City and the Al Warsan wholesale belt, car-first until the Blue Line metro reaches the district towards the end of the decade.

Our International City guide covers the clusters, the rent levels and the service charge question.

At a glance

  • Third building in the Elevia series, International City.
  • No developer page and no listing portal record.
  • Agent listings: studios from AED 565,000 (428 sq ft), 1-beds from 1,050,000, 2-beds from 1,425,900.
  • Sources disagree on handover: Q4 2027 in one, March 2027 in another.
  • Sources disagree on the plan: 20/10/70 in one, 50/50 in another.
  • One listing calls it announced and not open for booking; another describes sales opening in August 2025.
  • No amenity schedule, unit count or floor count published.
  • Nothing on this page has been confirmed by the developer.

What we verify before you reserve

  • Written confirmation from the developer that the project is launched, with a price list.
  • Which payment plan applies, with instalment dates rather than percentages.
  • The completion date as a month, and the delay clause.
  • Project registration, current permit and escrow account with the Dubai Land Department.
  • Whether the units being offered are developer stock or a resale at a margin.
  • Unit count, floor count and the layout table.
  • Service charge estimate and the facility schedule.
  • Why two published accounts of the same project disagree on delivery by nine months.

Elevia Residences III: frequently asked questions

Is Elevia Residences III for sale?

One listing describes it as announced and not yet open for booking; another describes sales for a Valores phase in the same district opening in August 2025. The developer publishes nothing. Treat it as unlaunched until you see a developer price list.

What does it cost?

Agent listings quote studios from AED 565,000 for 428 sq ft, one-bedrooms from AED 1,050,000 for 840 sq ft and two-bedrooms from AED 1,425,900 for 1,181 sq ft. That is roughly AED 1,320 per square foot at entry.

When is handover?

One listing says Q4 2027, another says March 2027 for a phase 3 in the same district. That is a nine-month disagreement nobody has resolved.

What is the payment plan?

20% at booking, 10% during construction and 70% at handover according to one listing; 50/50 according to another. On a 565,000 studio the cash profiles are 169,500 before completion versus 282,500.

Where is it?

International City, Al Warsan, on the eastern side of Dubai, in the same cluster as the other Elevia buildings.

Why publish a page with so little on it?

Because the alternatives are worse. Projects at this stage attract agent listings with numbers that contradict each other, and a page that says so is more useful than one that picks a figure and sounds confident.

How do I buy through you?

Ask us to get the developer's own price list and payment schedule first. We will verify the permit and escrow, confirm the handover date and the plan, and benchmark the unit against the first two Elevia buildings and the rest of International City before you commit to anything.

Ask about Elevia Residences III

One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.

WhatsApp instead

Goes to Nasreen Sultana, Senior Property Consultant. We never sell your details.