Elevia Residences in Al Warsan
Launch Price
AED 550,000
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
50/50
Handover
Q1 2027
Projected Yield
6.0 to 8.2%
Elevia Residences is bringing studio, 1 - 2 beds off-plan apartments to Al Warsan in Dubai, priced from AED 550,000. The 50/50 payment structure divides the cost between construction and handover, targeting completion in Q1 2027. Projected gross returns run in the 6.0 to 8.2% range annually, in line with similar off-plan product in Dubai. Buyers at the AED 5,000 monthly instalment level may qualify for units in Elevia Residences. MonthlyDubai can check against your specific budget.
Payment Plan Breakdown
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 50% | AED 275,000 Due on signing SPA | |
| On Handover | 50% | AED 275,000 Due at Q1 2027 | |
| Total | 100% | AED 550,000 |
Questions about Elevia Residences
What payment plan does Elevia Residences offer?
Elevia Residences uses a 50/50 payment plan. Buyers pay 50% at booking, with the remaining spread across construction and handover in Q1 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Elevia Residences fits your budget and send you comparable alternatives.
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