Coventry Residence 3
- Under construction · 0% built · handover Q4 2027
- 8 floors
- 2 lifts
- 188 parking bays
- 1 pool
- Master developer G F S
A studio in Coventry Residence 3 costs a median AED 511,488 and rents long-let for AED 38,000/yr.
Studio · typical price
511,488AED
AED 1,289/sqft
- Rent a year
- AED 38,000
- vs Dubai Industrial City
- 12% below the median
Cost to buy, all inAED 546,890
- Price
- AED 511,488
- DLD fee 4%
- AED 20,460
- Agent 2% + VAT
- AED 10,742
- Trustee
- AED 4,200
Fees repaid by rent11 months
Is Coventry Residence 3 a good investment?Pays above the Dubai median and rents rising; few units are let and lots of new supply is coming
- Does it pay a good rent?8.0% gross, before the service charge (not on file) (Dubai median 6.8%)8.0%Strength
- Is it easy to let?10 yearly leases, new and renewed, across 185 units in 12 months5%Watch
- Are rents going up?New leases: AED 35,000 a year ago, AED 41,000 now+17.1%Strength
- How fast do fees pay back?AED 35,402 in fees to buy a studio; rent covers it in 0.9 years0.9 yrs
- Can I sell easily?15 sales in 12 months, 8% of the tower (0 the year before)15Fair
- Is a lot being built nearby?1,573 apartments are planned in Dubai Industrial City from 2026 to 2028, equal to 112% of the 1,404 homes let there today. Dubai Industrial City supply by year →112%Watch
- Did earlier buyers gain?Up 0% for launch buyers, before fees0.0%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Coventry Residence 3 prices and rents by unit typeA studio costs about AED 511,488 and rents for about AED 38,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Dubai Industrial City · area median AED 1,469/sqft
- vs area median
- -12.2%
- Rank by price per sqft
- 12th of 18
Rental income
Studio · Dubai Industrial City
- Median new rent
- AED 38,000/yr
- Renewal rent
- AED 38,000/yr
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, Studio: 2026, AED 511,488; latest, 2026, AED 511,488; peak, 2026, AED 511,488.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,289 · before fees
- Launch, 2026
- 1,289
- 0%
- 15 sales
- Last 12 months
- 1,289
- today
- 15 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Dubai Industrial City
Every Dubai Industrial City building with a page, ranked by price per sqft over the same 12 months, all unit types. Coventry Residence 3 places 12th of 21; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Coventry Residence 3 (AED 1,289/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, Coventry Residence 3 has registered sale prices 12% below the Dubai Industrial City median price per square foot of 1,469 AED, across 18 eligible buildings. It ranks 12th of 18 by price per square foot in Dubai Industrial City.
Market context in Dubai Industrial City
Registered sales activity
104 ready apartment sales in the 12 months to 2026-10-12.
+2.1% in median AED/sqft versus the preceding year, supported by 104 current and 148 prior price observations.
Explore sales activityPlanned apartment projects
428 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,573 apartments are planned in Dubai Industrial City from 2026 to 2028, equal to 112% of the 1,404 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Coventry Residence 3
Coventry Residence 3 is an under-construction (0% built) apartment building by G F S in Dubai Industrial City. 15 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 8
- Lifts
- 2
- Parking bays
- 188
- Pools
- 1
- Master developer
- G F S
Drive times · typical
- Downtown
- 40 min · 51 km
- DXB Airport
- 42 min · 59 km
- DIFC
- 38 min · 54 km
- Dubai Marina
- 29 min · 33 km
- Palm Jumeirah
- 37 min · 43 km
Nearest, as registered
- Landmark
- Dubai Parks and Resorts
Coventry Residence 3: AED 1,289 per sq ft, 3% below the median Dubai Industrial City building, and a 8.0% gross yield, above the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Coventry Residence 3AED 1,289
- Dubai Industrial City, readyAED 1,000
- Dubai Industrial City, off-planAED 1,467
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Coventry Residence 3Dubai Industrial City median building
- Dubai Industrial City8.0% vs 6.5%
More from G F S
GFS Conventry Gardens II
Dubailand Residence Complex · 39 sales, 12 months
1.05M
AED, resale median · 1,405/sqft
Coventry Gardens
Dubailand Residence Complex · 11 sales, 12 months
633,088
AED, resale median · 1,249/sqft
Coventry Residence
Dubai Industrial City · 5 sales, 12 months
510,000
AED, resale median · 1,264/sqft
Nearby in Dubai Industrial City
Prices per sq ft around Coventry Residence 3, on the mapPrices per sq ft around Coventry Residence 3, on the map
Samana Hills South 3
Dubai Industrial City · 144 sales, 12 months
918,500
AED, resale median · 1,490/sqft
Al Haseen Residence 4
Dubai Industrial City · 99 sales, 12 months
566,626
AED, resale median · 1,455/sqft
Al Haseen Residence 3
Dubai Industrial City · 76 sales, 12 months
575,827
AED, resale median · 1,475/sqft
Coventry Residence
Dubai Industrial City · 5 sales, 12 months
510,000
AED, resale median · 1,264/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Coventry Residence 3’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 2,274AED
- 4.5% over 25 years
- Monthly rent
- 3,167AED
- AED 38,000 a year
- Cash needed at purchase
- 145,815AED
- 20% down plus AED 43,517 in fees
Owning costs AED 141,055 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
Ask about Coventry Residence 3
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Common questions
- What is the rental yield in Coventry Residence 3?
- No gross yield is published for Coventry Residence 3 as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 14 registered sales and 3 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Dubai Industrial City median is 6.5% gross.
- How much does a studio in Coventry Residence 3 cost?
- The median registered sale price is AED 511,488 (1,289 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What is the registered annual rent for a studio in Coventry Residence 3?
- The median new annual rent is AED 38,000, from 3 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- How many apartments change hands in Coventry Residence 3?
- 14 sales were registered with the Dubai Land Department in the last 12 months, alongside 3 Ejari rental contracts. Every median on this page rests on those counts.
For agents
Send this page to a client as a branded report
Coventry Residence 3 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 14 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Coventry Residence 3 sale prices and yield.” Dubai Industrial City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-industrial-city/coventry-residence-3
Stable dataJSON