Under constructionApartment

Al Warsan · Dubai

Elevia Residences Phase 2

by Valores Property Development · also listed as Elevia Residences Phase 2 by Valores

63of 100
From
AED 450K
≈ $123K
Handover
Q3 2027
Homes
Studio to 2 bed
439 – 1,785 sqft
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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 1,256/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.

How the 63 was scored

5 of 7 factors · 85% of the weight · 24 Sep 2026
  • Price against what buyers actually paidAssessed · weight 25
  • Developer track recordAssessed · weight 20
  • Payment planAssessed · weight 15
  • Location and infrastructureAssessed · weight 15
  • How easy it is to sell laterAssessed · weight 10
  • Construction on scheduleNot assessed · weight 10
  • The basics on fileNot assessed · weight 5
Confidence: lowThe price figure is our estimate from the starting price and the smallest home, not a registered or stated price.

Unchanged since the first scoreScored since 24 Sep 2026 · 0 changes

Capped at 63: a project scores at most 15 above its developer's rating of 48. The factors alone give 66.

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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Projects covered
1,540
projects covered
Factors
7
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Q3 2027

Under construction

What this means

Elevia Residences Phase 2 is due to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

Payment plan

0/50/50

During construction
50%
On handover
50%

What you’d pay and when

On the starting price of AED 450,000, as the plan splits it.

  1. 50% during construction, until handover (Q3 2027)AED 225,000≈ $61.3K
  2. 50% on handover (Q3 2027)AED 225,000≈ $61.3K

A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.

Unit types

from AED 450K

Studio

439 – 463 sqft

1 bed

793 – 1,017 sqft

2 bed

1,742 – 1,785 sqft

Apartment · Freehold

DLD registration status

  • Project registrationNot published yet
  • Escrow accountNot published yet
  • Developer licenceNot published yet
Where the figures come from, and what escrow means

We do not yet hold a DLD project registration number for Elevia Residences Phase 2. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.

Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/valores-property-development/elevia-residences-phase-2), read 2026-09-24; found in the Dubai web sweep. Launch date from Property Finder's sales start date.

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.

Read more

Prices start at AED 450,000 on a 50% during construction and 50% on handover plan, with handover listed for the third quarter of 2027.

The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.

  • Valores Property apartment tower in Al Warsan
  • Studios to two-bedroom apartments from 439 sq ft
  • 0/50/50 payment plan
  • Handover Q3 2027
Developer
Valores Property Development
Area
Al Warsan
Status
Under construction
Sales launch
1 Jul 2025
Ownership
Freehold

Amenities

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

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.

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. Asking prices come from the developer and change without notice.

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 starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.

When is the Elevia Residences Phase 2 handover date?

Elevia Residences Phase 2 is expected to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.

What is the Elevia Residences Phase 2 payment plan?

Elevia Residences Phase 2 is offered on a 0/50/50 plan: 0% on booking, 50% during construction and 50% at handover. Developers change plans between phases, so confirm yours before signing.

What is the Rendr Score of Elevia Residences Phase 2?

Elevia Residences Phase 2 scores 63 of 100 on the Rendr Score, fair, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Al Warsan according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.

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. You can see every project by Valores Property Development we list, and how their asking prices compare with registered sales, on their page.

Can foreigners buy at Elevia Residences Phase 2?

Elevia Residences Phase 2 is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.

Is Elevia Residences Phase 2 registered with DLD?

We do not yet hold a project registration number for Elevia Residences Phase 2. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.

Changes

Listed 24 Sep 2026
  1. Listed on the site

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/valores-property-development/elevia-residences-phase-2), read 2026-09-24; found in the Dubai web sweep

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