Under constructionApartment

Al Warsan · Dubai

Elevia Residences Phase 2

by Valores Property Development

© Valores Property Development
66of 100
Fromper propertyfinder.ae, 1 Oct 2026
AED 450K≈ $123K
Price, payment plan and homes ↓
The full breakdownWhy 66? See the 7 assessed factor scores and the score history. Free.Unlock free →

Price, payment plan and homes

Price per propertyfinder.ae, 1 Oct 2026
Starting price
AED 450K
≈ $123K
Bedrooms
Studio to 2 bed
439 – 1,785 sqft
Payment plan
Not published
Handover
Q1 2028
0% built per the DLD · likely later

Homes and floor plans

Freehold

Payment plan

Valores Property Development has not stated a schedule; the factor is unassessed until it does.

Open in the map

Location · Al Warsan · Dubai

District on Dubai's eastern edge beside International City, where a cluster of new mid-rise apartment buildings is being built in Al Warsan 4.

The in-depth review

Why it scores 66

Price per sqft vs registered sales

Dubai Land Department open data

AED 1,025/sqft (est.)

The DLD median for apartments in Al Warsan is AED 1,218/sqft (as of 10 Nov 2026). This project's figure is our estimate from the listed prices and unit sizes, so no gap is shown here; the score's price factor reads it at half weight, capped at 70. The gap appears once the register shows ten of this project's own sales or the developer states a price per sqft.

How the 66 was scored

7 of 8 factors · 90% of the weight · 10 Nov 2026
Confidence: low
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
Our estimate from its typical home, against the median of 519 off-plan sales in Al Warsan · DLD
Developer track record
Our rating
Payment plan
Not assessed yet: needs the payment plan
Location and infrastructure
Our rating of Al Warsan, and 5 kinds of places measured from the pin · OpenStreetMap
How big the resale market is
264 resales of finished apartments in Al Warsan this year · DLD
Construction on schedule
0% built on the DLD register, handover Q1 2028
How much is still being built nearby
1,169 homes sold in Al Warsan this year, 77% off-plan · DLD
The basics on file
Registration or escrow number on file · DLD

Confidence low: the price figure is our estimate from the price and size of the typical home, not a registered or stated price.

68 → 66 2 Nov 2026, resale, supply factorsScored since 24 Sep 2026 · 4 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 66

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

Handover date

Q1 2028

Under construction · 0% built, the DLD's project register, 9 Oct 2026

What this means

Listed as Q3 2027 on 24 Sep 2026. The DLD’s register now expects Q1 2028 (27 Oct 2026).

Also due in 2028 in Al Warsan: 4 more projects we list

Valores Property Development: nothing delivered in the last ten years, none cancelled.

Elevia Residences Phase 2 is due to hand over in Q1 2028. Construction is 0% complete according to the DLD's project register (9 Oct 2026). At that progress it cannot hand over by Q1 2028 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

Verified 1 Oct 2026
  • Project registration3883
  • Escrow accountNot published yet
  • 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, the DLD's project register, read 27 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's project register, 9 Oct 2026. Launch date from Property Finder's sales start date.

Before you pay: four things to check

  1. 1The escrow accountWe hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.
  2. 2The handover dateThe listed date is Q1 2028. The DLD shows 0% built on 9 Oct 2026, a pace that points to later. Ask for the date in the sales agreement.
  3. 3Today's price listAED 450,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.
  4. 4The instalment datesWe hold no payment plan. Ask for the schedule, with each payment's date and amount.

About

Elevia Residences Phase 2 is Valores Property's apartment tower in Al Warsan, Dubai, with studios to two-bedroom apartments from about 439 to 1,785 sq ft.

Developer
Valores Property Development
Area
Al Warsan
Status
Under construction
Sales launch
1 Jul 2025
Storeys
6
Ownership
Freehold

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • Retail Facilities
  • Yoga room
  • Covered Parking
  • Children's Play Area

What’s nearby

straight-line distance
  • Supermarket or mall610 m
  • Metro or tram stop870 m
  • School1.4 km
  • Beach1.8 km
  • Hospital or clinic2.1 km

The nearest of each on OpenStreetMap, Sep 2026.

Elevia Residences Phase 2: questions buyers ask

How much does Elevia Residences Phase 2 cost?

Prices at Elevia Residences Phase 2 start from AED 450,000 (about $123K) for studios, 1-bedroom and 2-bedroom homes, per propertyfinder.ae on 1 Oct 2026.

What is the price per sqft at Elevia Residences Phase 2?

The asking price is around AED 1,025 per sqft, our estimate from the listed prices and unit sizes.

When is the Elevia Residences Phase 2 handover date?

Elevia Residences Phase 2 is expected to hand over in Q1 2028. The project is under construction, 0% built according to the DLD's project register.

What is the Rendr Score of Elevia Residences Phase 2?

Elevia Residences Phase 2 scores 66 of 100 on the Rendr Score, good, as of 10 Nov 2026; 7 of its 8 factors are assessed, 90% of the weight.

Who is the developer of Elevia Residences Phase 2?

Elevia Residences Phase 2 is being developed by Valores Property Development. It sits in Al Warsan, Dubai.

Is Elevia Residences Phase 2 registered with DLD?

Elevia Residences Phase 2 is registered with the Dubai Land Department (DLD) under number 3883. Check it at dubailand.gov.ae before you pay.

Changes

Listed 24 Sep 2026 · 3 changes since, last 27 Oct 2026
  1. Handover moved from Q3 2027 to Q1 2028

    Source: the DLD's project register, 27 Oct 2026

  2. Construction 0% complete

    Source: the DLD's project register, 9 Oct 2026

  3. Payment plan withdrawn

    Source: propertyfinder.ae, read 24 Sep 2026

  4. Listed on the site

    Source: propertyfinder.ae, read 24 Sep 2026

From

AED 450K

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