Elevia Residences

1. Is it on schedule?0% built in July 2026 against a June 2027 handover: 100% left to build in 11 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك راس الخيمه الوطنى ش.م.ع, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,327/sqft, 10.6% above the International City Phase 2 off-plan median across 31 projects+10.6%Context
4. Is it selling?63 off-plan sales registered in the last 12 months, of 106 units; the latest on 7 Oct 202663Context
5. Who is building it?Valores, licence no. 1858Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك راس الخيمه الوطنى ش.م.ع

Developer, as licensed

VALORES PROPERTY DEVELOPMENT L.L.C (no. 1858)

Master developer

International City LLC

Registered start

August 2025

Configuration

Residential Building (B+G+5+R)

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Elevia Residences be completed?

The developer registered handover for June 2027, 11 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Elevia Residences cost per square foot?

AED 1,327 per sqft, the median of 63 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 550,000. That is 10.6% above the International City Phase 2 off-plan median across 31 projects.

Is Elevia Residences in escrow?

Yes: the Land Department register names بنك راس الخيمه الوطنى ش.م.ع as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Elevia Residences?

VALORES PROPERTY DEVELOPMENT L.L.C, licence no. 1858, by the register’s own licence number; the master developer that owns the land is International City LLC. Dubai Land Department project register as of July 2026.

How many units does Elevia Residences have?

106 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.