Coventry Residence 3
Coventry Residence 3 Offered by Buy Dubai Off-Plan
Coventry Residence 3

Coventry Residence 3

by GFS Developers in Dubai South View on map Under construction

Starting price
AED 650,000
Payment plan
64/36
Handover
Q4 2027

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 64/36 64% during construction, 36% at handover
Handover Q4 2027 Under construction
Bedrooms Studio1
Property type
Apartment
Floor area
37 to 99 mยฒ
Developer
GFS Developers
Location
Dubai South
Project brochure
Free, with no obligation

The Coventry Residence 3 brochure

Download the free brochure for Coventry Residence 3 from GFS Developers in Dubai South with all information about this project.

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

About Coventry Residence 3

  • Studios and apartments with 1 bedroom, areas from 37 to 98 m2
  • Located in Dubai South, easily accessible via Emirates Road E611
  • Low construction with five floors on a podium with extensive amenities
  • Swimming pool, lazy river, childrenโ€™s pool, gym, outdoor cinema and indoor seating
  • Handover Q4 2027, from AED 650,000, payment plan 64/36 with 5% deposit

Summary of Coventry Residence 3

Coventry Residence 3 is an apartment project of GFS Developers in Dubai South. The project offers studios and apartments with 1 bedroom. Floor areas range from 37 to 98 m2. Handover is scheduled for the fourth quarter of 2027. The starting price is AED 650,000. The building has a low-rise layout with five floors above a podium. On the podium roof you will find a lazy river, a swimming pool, a childrenโ€™s pool and indoor seating. The residential roof offers an outdoor cinema, a BBQ zone, a gaming lounge and a gym. Coventry Residence 3 is part of a series of GFS Developers and combines a quiet location with good accessibility.

The design consists of two volumes: a robust podium with the entrance, two parking levels and a roof with leisure facilities, and above that five floors. The facade combines glass, metal and hot brick. The apartments have a contemporary finish with wood accents, natural stone in the bathrooms and dark marble. The studios are compact and suitable for singles, the 1 bedroom apartments offer more space. The payment plan is 64/36, with a down payment of 5%. You can book a property through a registered real estate agent. The project is located near Emirates Road E611, which means you are quickly in Downtown Dubai, Dubai Marina and Abu Dhabi.

The unit mix at Coventry Residence 3

Coventry Residence 3 offers studios and 1 bedroom apartments. The studios have an area of 37 to 40 m2. The 1-bedroom apartments range from 62 to 98 m2. All residences are located on the first to fifth floor. The layout is efficient, with a clear separation between living and sleeping areas. The living room and bedroom are comfortably designed. Large windows provide plenty of daylight and views of the surrounding area. The properties are available in different types, referred to as Type A, Type B or Type C.

The finish is provided with quality materials. In the living areas and bedrooms you will find warm wooden panels. The bathrooms have polished stone surfaces and dark marble accents. The kitchen is equipped with modern appliances. The lighting is applied in layers for a pleasant atmosphere. The homes are designed with attention to comfort and functionality. The large windows provide a light and open appearance. The layout is practical and makes optimal use of the available space. You have a choice of different layouts, depending on the type and the floor. All homes have access to the common amenities in the building.

The building and developer GFS Developers

The building of Coventry Residence 3 consists of two volumes. The first volume is a robust podium with the main entrance, two parking levels and a roof terrace with extensive amenities. The second volume is a five-storey residential building that stands out above the podium. The facade combines glass, metal and hot brick, which creates a human scale. The entrance lobby has a double height and offers seating and a reception. The podium roof is decorated as a resort-like leisure deck with a lazy river, a swimming pool, a childrenโ€™s pool and a splash pad.

On the roof of the building you will find additional amenities, such as an outdoor cinema, a BBQ zone, a gaming lounge, a yoga room and a gym. The gym has panoramic windows overlooking the city. GFS Developers is the developer of this project. The company has implemented several projects in Dubai. Coventry Residence 3 is the third phase in a series of residential buildings. The building is designed with attention to material selection and spatial quality. The combination of low-rise design and high-quality facilities distinguishes the project from many other developments in Dubai.

Dubai South as a place to live

Coventry Residence 3 is located in Dubai South, a district in southern Dubai. The area combines a quiet living environment with urban amenities. The location is part of a larger master plan that focuses on living, working and recreation. In the immediate vicinity you will find shops, restaurants and schools. The project is easily accessible via Emirates Road E611. This road connects south of Dubai to other parts of the city and to Abu Dhabi. The location offers a balance between peace and connectivity. You live there close to the main highways without the hustle and bustle of the city centre.

From Coventry Residence 3 you can quickly get to Downtown Dubai, Dubai Marina and Abu Dhabi via Emirates Road E611. The exact travel times depend on traffic, but the connection is direct. The project is located in a growing part of Dubai, where more and more facilities are being added. The area is suitable for people looking for a quiet residential area with good accessibility to work areas. The location is convenient for those who regularly travel between Dubai and Abu Dhabi. The location in Dubai South offers access to one of the cityโ€™s fastest developing areas.

How the payment plan works at Coventry Residence 3

The payment plan for Coventry Residence 3 is 64/36. This means that you pay 64% of the purchase price in instalments during construction and 36% at handover. The down payment is 5%. The payment plan is intended to spread the financial burden. You pay in fixed instalments according to a schedule set by the developer. The exact planning of the deadlines is set out in the sales documents. The starting price for a house is AED 650,000. For an apartment with 1 bedroom the prices are higher, depending on the size and the floor. The studios are cheaper than the 1 bedroom apartments.

Through Buy Dubai Off-Plan, you will be brought into contact with a real estate agent with a RERA licence registered with the Dubai Land Department. This real estate agent will guide you throughout the purchase process. You donโ€™t have to contact the developer yourself. The real estate agent handles the communication and the paperwork. You can ask questions about the payment plan, the house types and availability. The real estate agent can also provide advice on financing and the conclusion of the purchase agreement. This way you can be sure that everything goes in accordance with the requirements of the Dubai Land Department.

Amenities

Payment plan for Coventry Residence 3

64%36%
64%
During construction, in instalments
AED 416,000
โ‰ˆ โ‚ฌ 100,000
36%
After handover
AED 234,000
โ‰ˆ โ‚ฌ 56,000

Handover of Coventry Residence 3

6 quarters until the planned handover, about 1.5 years.

Q3 2026
Now
Q4 2027
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 3, 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 1,184

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 416,000โ‰ˆ โ‚ฌ 99,800
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 234,000โ‰ˆ โ‚ฌ 56,200
Purchase costs4% DLD fee and mortgage costs
AED 29,795โ‰ˆ โ‚ฌ 7,200
Total funds required
AED 445,795โ‰ˆ โ‚ฌ 107,000
Request finance guidance for Coventry Residence 3
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 3

Location

Dubai South, Dubai
Open in Google Maps

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.