Coventry Residence 2
Coventry Residence 2 Offered by Buy Dubai Off-Plan
Coventry Residence 2

Coventry Residence 2

by GFS Developers in Dubailand View on map Under construction

Starting price
AED 650,000
Payment plan
65/35
Handover
Q4 2028

โ‰ˆ โ‚ฌ 156,000

Project details

Starting price AED 650,000 โ‰ˆ โ‚ฌ 156,000 What will my monthly payments be?
Payment plan 65/35 65% during construction, 35% at handover
Handover Q4 2028 Under construction
Bedrooms Studio1
Property type
Apartment
Floor area
40 to 77 mยฒ
Developer
GFS Developers
Location
Dubailand
Project brochure
Free, with no obligation

The Coventry Residence 2 brochure

Download the free brochure for Coventry Residence 2 from GFS Developers in Dubailand with all information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Coventry Residence 2

  • Apartments with studio and 1 bedroom, floor areas from 39 to 77 m2
  • Located in Dubailand, about 10 minutes from Global Village and Dubai Outlet Mall
  • Contemporary building with clean lines and durable materials, designed for convenience
  • Includes swimming pool, gym, sky lounge, playground and landscaped areas for every resident
  • Handover in Q4 2028, attractive payment plan 65/35 with 5% deposit

Coventry Residence 2 at a glance

Coventry Residence 2 in Warsan 4, Dubailand, is the second project of GFS Developers under the Coventry brand name. It includes carefully designed studios and 1 bedroom apartments, with living areas from 39 to 77 m2. Handover is planned for the fourth quarter of 2028. The starting price is AED 650,000. The project focuses on buyers looking for an efficient home in a growing part of Dubai, with a direct connection to the future metro line. The apartments are designed for both owners and tenants and are designed for easy maintenance and optimal use of space.

Coventry Residence 2 is located in Warsan 4, also known as International City 3, a district that is currently in strong development. The location is expected to benefit from the construction of the Dubai Metro Blue Line, which significantly improves accessibility. The project offers a mix of urban convenience and tranquility, with greening facilities and recreational facilities nearby. For investors it is interesting because of the growth potential of the area and the expected increase in value once the metro is completed. The combination of an affordable entry price and a strategic location makes this project attractive to a wide audience.

What you buy at Coventry Residence 2

The apartments in Coventry Residence 2 consist of 39 m2 studios and 1 bedroom apartments from 68 to 77 m2. The studios are compact and efficient, ideal for single people or as an investment. The 1-bedroom apartments offer more space and sometimes have a separate storage room. All houses are designed with an open living room and kitchen, making optimal use of the available space. The bedrooms are positioned so that there is enough natural light coming in. The finish is modern and low-maintenance, with light tones and durable materials suitable for everyday use.

The layout of each home is focused on functionality and comfort. The open kitchens are equipped with streamlined cabinetry and modern appliances. The bathrooms have a contemporary finish with high-quality taps and tiles. Storage space is cleverly integrated, for example in the form of wardrobes in the corridor or fitted wardrobes in the bedroom. The 1-bedroom apartments have a separate bedroom that offers enough space for a double bed and a wardrobe. The studios are designed so that the living and sleeping function seamlessly intersperse, creating a spacious feeling. All properties have access to a balcony or terrace, depending on the position in the building.

Architecture of Coventry Residence 2 by GFS Developers

Coventry Residence 2 is a modern apartment complex with a contemporary architecture characterized by clean lines and sustainable material use. The building is designed so that it requires little maintenance and lasts a long time. The faรงade has a quiet appearance with regular windows that provide a lot of natural light. The complex has various amenities for residents including a swimming pool, gym, sky lounge, childrenโ€™s playground and greenery. These facilities are designed to make everyday life easier and more pleasant. The project is part of the second phase of the Coventry series of GFS Developers.

GFS Developers is a real estate developer that focuses on providing affordable and quality homes in growing areas of Dubai. With the Coventry series, the company has created a clear brand that stands for efficiency and value. Coventry Residence 2 is the second project in this series and builds on the success of the first project. The developer deliberately chooses locations that are about to benefit from infrastructure improvements, such as the construction of the Dubai Metro Blue Line. By investing in sustainable materials and thought-out floor plans, GFS Developers wants to offer homes that are attractive for both owners and tenants. The company works with experienced contractors to ensure timely handover.

Location and surroundings of Dubailand

Coventry Residence 2 is located in Warsan 4, a sub-area of Dubailand, also known as International City 3. This district is developing and is expected to benefit greatly from the construction of the Dubai Metro Blue Line. The location offers a good balance between peace and accessibility. Important destinations can be reached within a reasonable time. Dubai Miracle Garden is around 15 minutesโ€™ drive away and Dubai Outlet Mall is approximately 10 minutesโ€™ drive away. Global Village is also about 10 minutes away. These attractions make the area attractive for families and tourists. The district has green areas and walking trails that contribute to a pleasant living environment.

In addition to the listed attractions, other important locations are easily accessible. Burj Khalifa and Dubai International Airport are both approximately 25 minutesโ€™ drive away. The arrival of the metro is expected to shorten the journey times further. The International City 3 district has a growing range of shops, schools and medical facilities, so residents donโ€™t have to travel far for daily needs. The area is quiet and green, with parks and recreational areas in the immediate vicinity. For investors, the location is interesting due to the expected increase in value due to the improved infrastructure. The combination of an affordable entry price and a strategic location makes Coventry Residence 2 an option.

The 65/35 payment plan at Coventry Residence 2

The payment plan for Coventry Residence 2 is 65/35, which means that 65% of the purchase price is paid during construction and the remaining 35% at handover. The deposit is 5% of the purchase price. The remaining 60% will be spread over the construction period according to a fixed schedule communicated by the developer. This plan allows buyers to spread the payment and better manage the total investment. The exact payment milestones may vary, but generally there are milestones linked to the progress of construction. It is important to know that the prices are from AED 650,000 and that the final price depends on the chosen type of property and the size.

As a buyer, you will be guided by a registered real estate agent with a RERA licence registered with the Dubai Land Department. This real estate agent supports you throughout the purchase process, from the first viewing to the transfer. You do not have to contact the developer; all communication is done via the real estate agent. This gives you certainty and ensures that everything is handled correctly according to the applicable regulations. The real estate agent can also advise you about the best financing options and possible tax benefits. Buyers should define their budget and requirements in advance, so that the real estate agent can search specifically. At handover, the remaining 35% of the purchase price will be paid and the transfer of ownership will take place.

Amenities

Payment plan for Coventry Residence 2

65%35%
65%
During construction, in instalments
AED 422,500
โ‰ˆ โ‚ฌ 101,000
35%
After handover
AED 227,500
โ‰ˆ โ‚ฌ 55,000

Handover of Coventry Residence 2

10 quarters until the planned handover, about 2.5 years.

Q3 2026
Now
Q4 2028
Planned handover

The handover date is an indication given by the developer and can change. Each block is one quarter. The dark blocks count the quarters this project has been listed on our site; they do not mean that construction has started or how far along it is. Check the date in the sale agreement.

Monthly payments and your own funds

How much do you need for Coventry Residence 2, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 1,151

โ‰ˆ โ‚ฌ 280 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 422,500โ‰ˆ โ‚ฌ 101,400
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 227,500โ‰ˆ โ‚ฌ 54,600
Purchase costs4% DLD fee and mortgage costs
AED 29,714โ‰ˆ โ‚ฌ 7,100
Total funds required
AED 452,214โ‰ˆ โ‚ฌ 108,500
Request finance guidance for Coventry Residence 2
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Coventry Residence 2

Location

Dubailand, Dubai Burj Khalifa: about 25 minutes by car ยท Dubai International Airport: about 25 minutes by car
Open in Google Maps

Travel times from Coventry Residence 2

  • Burj Khalifa: about 25 minutes by car
  • Dubai International Airport: about 25 minutes by car
  • Dubai Miracle Garden: about 15 minutes by car
  • Dubai Outlet Mall: about 10 minutes by car
  • Global Village: about 10 minutes by car

About GFS

GFS Developers is a leading property developer in Dubai, specialising in off-plan projects that target both residential and commercial property investors. On this page, you will find a complete overview of all current and future projects by GFS. These projects range from luxury apartments in prestigious neighbourhoods such as Downtown Dubai and Dubai Marina to innovative mixed-use developments. An example is the recent GFS Horizon Towers project, which offers apartments starting from AED 1.2 million with areas from 75 m2. Off-plan investing with GFS offers the advantage of early purchase, often on favourable terms and with attractive payment schedules. Due to the growing demand for property in Dubai, these projects are popular with international investors.

Since its founding, GFS Developers has built an impressive track record in the Dubai property market. With over 15 years of experience, the developer has delivered numerous successful projects, including some iconic buildings that have enriched the cityscape. GFS is known for its attention to quality, sustainability, and innovative design. Over the years, the developer has won several awards, such as the Dubai Property Award for best architecture. One of the most acclaimed projects is GFS Marina Heights, a luxury residential tower that was completely sold out even before completion. This history of reliability and high-quality projects makes GFS a trusted choice for off-plan investments in Dubai.

All projects by GFS

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.