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Under construction

Elevia Residences by Valores

Price from

AED 565,000≈ $153,846 · Rate as of 2026-10-15US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 9,729 per m² ≈ $2,649

cheaper than 85% of city projects: -51%

Data verified Sep 16, 2026 · price source: developer partner network · updated 28 days ago

Properties
Condominium
Area
38 - 127 m²
Bedrooms
1 - 2
Completion
Q3 2027
Readiness
Under construction
Dry season
Jul, Aug, Sep
First instalment
10%

Price

Is this expensive for the city

$2,649 per m², Dubai median $5,399

$38$52,299

-51% vs the city median (Dubai), sample of 372 projects. cheaper than 85% of city projects.

Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.

Purchase estimate for this project

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What it really costs

Payment plan

  1. 10%Step 1 · On booking$15,385
  2. 10%Step 2 · On contract$15,385
  3. 4%Step 3 · Tax$6,154
  4. 10%Step 4 · Before commissioning$15,385
  5. 70%Step 5 · On transfer$107,692
Total
$153,846

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$76,923$472,877
$150$2,314

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

40%100%
0%20%
Monthly income
$570
Annual income
$6,839
Gross yield
5.6%
Net yield
4.4%
Value in 5 years
$205,881
5-year ROI
56%
See calculation details
Gross annual rent
$8,692
Common area fee
-$221
Tax (10%)
-$869
Agent commission
-$762
Net annual income
$6,839
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Sep Wettest months: Mar, Jan, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan18.617
Feb20.310
Mar23.719
Apr28.310
May32.96
Jun35.45
Jul37.02
Aug36.92
Sep34.22
Oct30.32
Nov25.18
Dec20.811

Source: NASA POWER, climate normal (2001-2020). Grid node 25.1, 55.4. This is a multi-year normal, not a weather forecast.

About the project

Properties
Condominium
Completion
Q3 2027
Status
Under construction
Area
38 - 127 m²

Description

Valores Property Development is building Elevia Residences by Valores in Dubai, with completion set for September 2027. The project offers apartments with 1 or 2 bedrooms, ranging from 37.81 to 126.81 square meters. Prices start at AED 565,000 and go up to AED 1,447,200, with a price per square meter from AED 9,729. The spread between the smallest and largest units covers compact one-bedroom layouts through to larger two-bedroom apartments. The project is located in the Dubai region, United Arab Emirates. Construction is currently underway.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Price in your currency

Rate: 1 USD = 3.6725 AED≈ $153,846Rate as of 2026-10-15

Denominated in AED - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Dubai, United Arab Emirates

Market context

Apartment prices20%
Villa prices29%
Residential transactions56,723transactions, ↑ +16% YoY
Average apartment rentAED 107,000↑ +8.5% YoY
Price per sqmAED 1,600↑ +8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

Sources (6) · updated 21/08/2026

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