Valores Residences
From AED 880,000 (portal-listed)
Developers / Valores Property Development
Developer profile · Dubai
Valores Property Development: affordable buildings in settled districts, and a paper trail that does not keep up
A Dubai developer founded in 2024 with two launched projects — 87 apartments in Al Furjan from AED 880,000 and studios in International City from AED 450,000 — plus two more Elevia phases announced. The pricing is genuinely competitive and the design line is coherent. The documentation is not: the project section of its own website now returns 404s, and the one surviving project page dates the same building to both Q3 2026 and Q3 2027.
TypeDubai developer · founded 2024
Projects4 on this site · 2 on the portal
FootprintAl Furjan · International City
LeadAsad Chaman Khan Sher Uz Zama Khan
OfficeAspect Tower, Business Bay
Entry priceAED 450,000 (portal-listed)
Delivery recordNone completed
About Valores Property Development
Valores Property Development LLC is a Dubai developer founded in 2024 and based at Suite 1901, Aspect Tower, Business Bay. It is led by managing director Asad Chaman Khan Sher Uz Zama Khan, whose career the company traces to 1992 in India and to the Dubai property market from 1995 — leasing first, then development. The business is small, new, and built around two launched buildings and two announced ones.
The pitch is nature, and it is consistent. Every page of the site runs the same line: design inspired by the natural world, “timeless lessons in harmony, balance, and beauty”, sustainable communities that “elevate the neighborhoods in which we build”. The vision statement promises to be “renowned in the region and beyond”; the philosophy section lists five principles — nature-informed design, sustainability, connection to nature, neighbourhood uplift and agility. It is more coherent than most developer manifestos, and it is entirely unfalsifiable. Judge it on the buildings.
Two buildings with prices, two without. Valores Residences in Al Furjan is 87 apartments over a G+2P+7 building, portal-listed from AED 880,000 with a Q3 2027 handover. Elevia Residences in International City is a low-rise block of studios to two-bedrooms, portal-listed from AED 450,000 and dated Q1 2027. Two further Elevia phases — II and III — are priced to agents but have no developer page and no portal record.
The documentation is thin, and it moves. The developer’s own project section, which once carried a page for Elevia quoting AED 550,000 and a Q4 2027 handover, now returns a 404 across the board; only the Valores Residences page survives, and it carries two different handover dates in the same document — Q3 2027 at the top, Q3 2026 at the bottom. The portal says 880,000 for a 692 sq ft one-bedroom at Al Furjan and 450,000 for a 390 sq ft studio at Elevia; agents quote 566,500 to 565,000 for the later Elevia phases. It is not that any one number is wrong. It is that nobody has published a single, dated, current price list.
The experience claim needs unpacking. The site says “over three decades of expertise” and “30+ years in construction”, and one line adds that an associate has been “awarded for 4 years for quality and workmanship by the government of the UAE”. All of that describes the founders and their associates, not the company: Valores was incorporated in 2024, and its about page dates the founding to that year. Long experience behind a new balance sheet is a common and legitimate structure in Dubai — but the delivery record belongs to the people, not the entity you are contracting with.
No completed building to inspect. Al Furjan hands over in Q3 2027 on the portal’s own record; Elevia in Q1 2027. Neither has a completion announcement, a handover record, a resident testimonial or a construction update behind it. The first Valores building a buyer can walk into does not exist yet.
The website itself is a warning about housekeeping. The “Media” section, which the footer links as “Media and Articles”, is a list of casino and betting posts in German, Russian, Portuguese and Hungarian — spam pages that have been injected into the WordPress installation and indexed alongside the company’s own articles. There are roughly 590 posts on the site and only about a hundred of them are about property. Whatever the cause, it points to a site that is not being maintained, on a domain that is now associated with content the company did not write.
What that means for a buyer. The product is not the problem: a 87-unit building in Al Furjan at AED 1,272 per square foot and studios at AED 1,154 in International City are real, competitively priced offers from a developer with a coherent design line. The problem is proof. Ask for a dated price list, a payment schedule with dates, an escrow account number, a current DLD permit, a service charge estimate and a fixed handover date with a delay clause — and treat a developer whose own site cannot keep two dates straight as one to verify twice.
The honest read. A new, small developer with two genuinely affordable buildings in established districts, priced below their neighbours, and a documentation standard that is well behind its marketing. If you are buying, buy the smaller ticket first, buy on contract rather than brochure, and price in the delivery risk that a first-time developer carries.
Valores Property Development projects on this site
Two projects have prices and portal records. Two further Elevia phases are quoted by agents and published by nobody.
Elevia Residences by Valores
From AED 450,000 (portal-listed)
No published render
Elevia Residences II
About AED 566,500 (agent-listed)
No published render
Elevia Residences III
About AED 565,000 (agent-listed)
The portfolio is small and specific: a low-rise building of 87 homes in Al Furjan, priced at AED 1,272 per square foot for a one-bedroom, and a series of low-rise buildings in International City starting at AED 1,154 per square foot for a studio. Both districts are established, with metro links, schools, clinics and retail already built — which makes the rent easier to check than in a new masterplan.
What distinguishes Valores Property Development
Two districts, one price strategy
Al Furjan at AED 1,272 per square foot for a 692 sq ft one-bedroom, and International City from AED 1,154 for a 390 sq ft studio – both below the comparable stock around them. The strategy is entry price, not finish.
A small building in a settled community
87 apartments over a G+2P+7 building in Al Furjan, with closed kitchens on every type and layouts from 692 to 2,237 sq ft. Small buildings mean fewer neighbours and a higher service charge per unit – both worth pricing.
A design line that is actually coherent
Nature-informed design, greenery, natural light, floor-to-ceiling glazing, low density. The renders match the words, which is more than most developers manage. Whether the finish matches the renders is the question.
Documentation that has been withdrawn
The project section of the developer’s own site now returns 404s, and the one surviving project page carries two different handover dates for the same building. Ask for a dated price list before you believe any figure.
No completed building
Founded 2024, two launched projects, both still under construction, neither with a handover announcement. The 30+ years of experience the site claims belongs to its founders, not to the company you would contract with.
A website that has been compromised
The Media section lists casino and betting posts in four languages – roughly 590 posts on the site, only about a hundred of them about property. It is a maintenance failure, and a reason to verify documents rather than downloads.
Buying a Valores Property Development home: what to check
With no completed building and a website whose figures have been withdrawn, everything here rests on documents you can hold. These are the items worth having in writing before you reserve.
A dated price list from the developer, not from an agent – the portal’s figures are 21 months old at Al Furjan.
The handover date in writing: the developer’s own Al Furjan page says Q3 2027 at the top and Q3 2026 at the bottom.
A payment schedule with instalment dates and amounts, annexed to the sale and purchase agreement, including any profit rate on post-handover sums.
The delay clause, with compensation and a right to rescind if completion is missed.
Escrow account number, project registration and the current Dubai Land Department permit.
The service charge estimate per square foot – 87 units in Al Furjan carrying a pool, gym, lobby and retail, and a low-rise block in International City with a pool and gym.
Written confirmation of what the ‘private beach club’ at Al Furjan is: which club, how far, what it costs and whether it is contractual.
The building’s own facility schedule at Elevia, as distinct from the nineteen amenity tags on the portal.
Which Elevia payment plan is live: 10/40/50 on the portal or 50/50 on the withdrawn developer page.
Whether Elevia II and III are actually launched, with a developer price list rather than an agent’s PDF.
The specification schedule – kitchen, joinery, glazing, sanitaryware – and what the base price excludes.
Parking allocation per unit, and whether the space is titled.
Valores Property Development frequently asked questions
Who is Valores Property Development?
A Dubai developer founded in 2024, based at Suite 1901, Aspect Tower, Business Bay, and led by managing director Asad Chaman Khan Sher Uz Zama Khan. It has two launched projects – Valores Residences in Al Furjan and Elevia Residences in International City – and two further Elevia phases announced.
How many projects does Valores have?
Two with prices and portal records: Valores Residences (87 apartments, Al Furjan) and Elevia Residences (studios to two-bedrooms, International City). Two more, Elevia II and III, are quoted by agents but have no developer page and no portal record.
Has Valores completed any buildings?
No. Both launched projects are under construction, with Al Furjan due Q3 2027 on the portal and Elevia Q1 2027. There is no completed building, handover record or resident testimonial published anywhere.
How long has the company been going?
Since 2024, according to its own about page. The site also claims ‘over three decades of expertise’ and ’30+ years in construction’, which describe its founders and associates rather than the company itself.
Why do the prices differ between the developer and the portal?
Because nothing has been reconciled. At Al Furjan the portal says AED 880,000 from a January 2025 listing; at Elevia it says 450,000 while the developer’s own page said 550,000 before being removed. Ask for a dated developer price list and work from that.
What is the cheapest Valores home?
A 390 sq ft studio at Elevia Residences in International City, portal-listed from AED 450,000 – about AED 1,154 per square foot. Agent listings now quote between 470,000 and 565,000 for the same studio, so confirm the live figure.
Is the developer’s website reliable?
Not as a source of figures. Its project section returns 404s, its one surviving project page carries two handover dates, and its Media section has been filled with casino and betting spam in four languages. Treat documents you receive directly as the record.
Where does Valores build?
In established, mid-market districts rather than new masterplans: Al Furjan in the south-west, between Sheikh Zayed Road and the Expo corridor, and International City in Al Warsan on the eastern side, near the airport and Academic City.
Are Valores homes freehold?
Both launched projects are apartments in freehold districts and are offered to buyers on that basis, with the usual 4% Dubai Land Department transfer fee. Confirm the title and the registration of the specific unit before you exchange.
How do I buy through you?
Tell us the project and budget. We will get a dated developer price list and payment schedule, verify the handover date, escrow and permit, get the service charge estimate and the amenity schedule in writing, benchmark the unit against registered rents and resales in the same community, and give you our honest read – including the case against.
Considering a Valores Property Development apartment?
Tell us the project and budget. We will get a dated developer price list and payment schedule, verify the handover date, escrow and permit, get the service charge estimate and the amenity schedule in writing, benchmark the unit against registered rents and resales in the same community, and walk you through what a first-time developer’s contract actually commits to — then give you our honest read, including the case against.
Sources and verification. The company description, founding year, leadership, vision, mission, development philosophy, portfolio list, office address and contact details come from Valores Property Development’s own website; the project sizes, unit ranges, amenity lists, handover statements and location claims come from its project pages; the starting prices, layout size, payment plans and listing dates come from the listing portal’s two project records. Committed to publication: the developer’s project section returns 404s, so its Elevia page — which quoted AED 550,000, a 50/50 plan and a Q4 2027 handover — can no longer be checked at source; the surviving Al Furjan page states a Q3 2027 handover at the top and Q3 2026 at the bottom; the site claims “30+ years” of experience for a company incorporated in 2024; the Al Furjan amenity list includes a “private beach club” and a “gym with a beach view” in an inland district; the Media section of the site is populated with casino and betting spam, with roughly 590 posts on the domain; and the Elevia II and III figures in circulation come from third-party agents and have not been confirmed by the developer. Nothing on this page is a valuation or a promise of return.