Under constructionApartment

Dubai Industrial City · Dubai

Coventry Residences III

by GFS Developers

© GFS Developers
62of 100
Sold from11 sales, last 90 days · DLD; cheapest: all studios
AED 464K≈ $126K
Listed fromper propertyfinder.ae, 24 Sep 2026
AED 491K
Buyers paid vs DLD median
−7%
Price, payment plan and homes ↓
DLD sales register · 10 Nov 2026See the 17 registered sales at Coventry Residences III: date, size and price paid. Plus all 8 factor scores and the score history. Free.Unlock free →

Price, payment plan and homes

Price per DLD; listed price per propertyfinder.ae, 24 Sep 2026
Sold from
AED 464K
11 sales, last 90 days · DLD; cheapest: all studiosListed from AED 491K
Bedrooms
Studio to 1 bed
394 – 1,056 sqft · 185 units
Payment plan
5/39/20 + 36 post-handover
AED 24.6K to book
Handover
Q4 2027
0% built per the DLD · likely later

DLD registered sales

Last 90 days
AED 481K – AED 520K
· 11 sales, mostly studios

Homes and floor plans

185 homes · Freehold

Pick a home: the plan and the forecast follow it.

Paid: middle half of each type's off-plan sales, Jun–Oct 2026 · DLD

Payment plan · studio

On AED 491K
  1. 5% at bookingAED 24.6K
  2. 39% during construction, until handover (Q4 2027)AED 192K
  3. 20% on handover (Q4 2027)AED 98.3K
  4. 36% after handover (Q4 2027)AED 177K

Before the keys: AED 216K, 44% of the price.

One of 2 plans listed on Property Finder

Part of the price is paid after the keys. How post-handover payment plans work.

Open in the map

Location · Dubai Industrial City · Dubai

Industrial and logistics city in the south of Dubai, off Emirates Road, with a growing residential quarter.

Forecast

What the studio could be worth

The in-depth review

Why it scores 62

Price per sqft vs registered sales

Dubai Land Department open data · as of 10 Nov 2026

−7% below what buyers paid nearby

Buyers paid hereAED 1,288/sqft

17 off-plan sales, last 6 months · middle half AED 1,211 – AED 1,323

Dubai Industrial City median · apartmentsAED 1,391/sqft

Off-plan sales, last 6 months, 340 registered sales in the area · middle half AED 1,247 – AED 1,534

Asking now (est.)AED 1,243/sqft

Our estimate from the listed prices and unit sizes

See each of the 17 sales: date, size, price

Off-plan sales pace

2.8 a month

17 off-plan sales, last 6 months

How this is measured

Buyers paid a median of AED 1,288/sqft in this project (off-plan sales, last 6 months, 17 registered sales, as of 10 Nov 2026) against the DLD median of AED 1,391/sqft for apartments in Dubai Industrial City, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 1,243/sqft (est.). Source: Dubai Land Department open data.

How the 62 was scored

8 of 8 factors · 100% of the weight · 10 Nov 2026
Confidence: medium
How each factor was measured

Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.

Price against what buyers actually paid
17 registered off-plan sales here, against the median of 340 off-plan sales in Dubai Industrial City · DLD
Developer track record
Our rating and who stands behind it
Payment plan
5% down · 39% during construction · 20% on handover · 36% after
Location and infrastructure
Our rating of Dubai Industrial City, and 5 kinds of places measured from the pin · OpenStreetMap
How big the resale market is
19 resales of finished apartments in Dubai Industrial City this year · DLD
Construction on schedule
0% built on the DLD register, handover Q4 2027
How much is still being built nearby
652 homes sold in Dubai Industrial City this year, 95% off-plan · DLD
The basics on file
Registration or escrow number on file · DLD

Confidence medium: what buyers paid here is a median of 17 registered sales, against 340 in the area; 17 is a small sample for one project.

65 → 62 4 Oct 2026; resale now measuredScored since 24 Sep 2026 · 5 score changes

The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.

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The full breakdown behind the 62

Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.

  • The 17 registered sales here: date, size and price paid
  • All 8 factor scores, with the figure and source behind each
  • Score history since 24 Sep 2026 and why each move happened
  • Rent, a mortgage and fees in the forecast, year by year

See what buyers paid at Coventry Residences III, and everything behind the 62.

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Read by the person who runs Rendr, who works in real estate and may contact you about property. Never sold.

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Projects scored
1,673
projects scored
Factors
8
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Q4 2027

Under construction · 0% built, the DLD's project register, 28 Sep 2026

What this means

Also due in 2027 in Dubai Industrial City: 6 more projects we list

GFS Developers: nothing delivered in the last ten years, none cancelled.

Coventry Residences III is due to hand over in Q4 2027. Construction is 0% complete according to the DLD's project register (28 Sep 2026). At that progress it cannot hand over by Q4 2027 at any usual building pace. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

DLD registration status

  • Project registration4070
  • Escrow account19538683
  • Developer licenceNot published yet
Where the figures come from

Check it on dubailand.gov.ae. How to read the DLD register.

Figures from propertyfinder.ae, read 24 Sep 2026. Construction figure from the DLD's project register, 28 Sep 2026. Launch date from the DLD's project register.

Before you pay: four things to check

  1. 1The escrow accountPay only into escrow account 19538683, and check it on dubailand.gov.ae first.
  2. 2The handover dateThe listed date is Q4 2027. The DLD shows 0% built on 28 Sep 2026, a pace that points to later. Ask for the date in the sales agreement.
  3. 3Today's price listAED 491,451 is a starting price from propertyfinder.ae, 24 Sep 2026. Ask for the unit's own price.
  4. 4The instalment dates5% at booking, 39% during construction, 20% at handover, 36% after handover. Ask for each payment's date and amount.

About

Coventry Residences III is GFS Developers' apartment tower in Dubai Industrial City, Dubai, with studios and one-bedroom apartments from about 394 to 1,056 sq ft.

Developer
GFS Developers
Area
Dubai Industrial City
Status
Under construction
Sales launch
15 Dec 2025
Total units
185
Storeys
6
Ownership
Freehold

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

What’s nearby

straight-line distance
  • Supermarket or mall4.2 km
  • Hospital or clinic8.3 km
  • Metro or tram stop12 km
  • Beach12 km
  • School18 km

The nearest of each on OpenStreetMap, Sep 2026.

Coventry Residences III: questions buyers ask

How much does Coventry Residences III cost?

Registered sales at Coventry Residences III start from AED 464,000 (about $126K): the cheapest tenth of 11 off-plan sales (all studios), Aug–Oct 2026, per DLD. It is listed from AED 491,451, per propertyfinder.ae on 24 Sep 2026.

What is the price per sqft at Coventry Residences III?

Buyers paid a median of AED 1,288 per sqft at Coventry Residences III (off-plan sales, last 6 months, 17 registered sales).

When is the Coventry Residences III handover date?

Coventry Residences III is expected to hand over in Q4 2027. The project is under construction, 0% built according to the DLD's project register.

What is the Coventry Residences III payment plan?

Coventry Residences III is offered on a 5/39/20 + 36 post-handover plan: 5% on booking, 39% during construction and 20% at handover, with 36% spread after you get the keys.

Is Coventry Residences III priced above or below what buyers paid nearby?

Buyers paid a median of AED 1,288 per sqft in Coventry Residences III (off-plan sales, last 6 months, 17 registered sales), which is 7% below the median of AED 1,391 per sqft that buyers actually paid for apartments in Dubai Industrial City, across 340 sales registered with DLD.

What is the Rendr Score of Coventry Residences III?

Coventry Residences III scores 62 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.

Who is the developer of Coventry Residences III?

Coventry Residences III is being developed by GFS Developers. It sits in Dubai Industrial City, Dubai.

Is Coventry Residences III registered with DLD?

Coventry Residences III is registered with the Dubai Land Department (DLD) under number 4070. Buyer payments go to escrow account 19538683. Check it at dubailand.gov.ae before you pay.

Changes

Listed 24 Sep 2026 · 2 changes since, last 28 Sep 2026
  1. Construction 0% complete

    Source: the DLD's project register, 28 Sep 2026

  2. Sales launch date set to 15 Dec 2025

    Source: the DLD's project register

  3. Listed on the site

    Source: propertyfinder.ae, read 24 Sep 2026

Sold from

AED 464K

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