Elevia Residences

1. Does it pay a good rent?6.4% gross, before the service charge (not on file) (Dubai median 6.8%)6.4%Fair
2. Is it easy to let?17% of units signed a yearly lease in 12 months; the typical International City Phase 2 building manages 52%17%Watch

   Across 30 International City Phase 2 buildings with 40 or more units, the median signed annual leases on 52% of units in 12 months and the top tenth on 100% or more; Elevia Residences is at 17%.

3. Are rents going up?New leases: AED 60,500 a year ago, AED 35,000 now-42.1%Watch
4. How fast do fees pay back?AED 37,750 in fees to buy a studio; rent covers it in 1.1 years1.1 yrs
5. Can I sell easily?63 sales in 12 months, 59% of the tower (2 the year before)63Strength
6. Is a lot being built nearby?1,581 apartments are planned in International City Phase 2 from 2026 to 2028, equal to 16% of the 9,675 homes let there today. A further 520 are past their planned date. International City Phase 2 supply by year →16%Strength
7. Did earlier buyers gain?Up 2% for launch buyers, before fees+2.1%Context

At studio, Elevia Residences has registered sale prices 17% above the International City Phase 2 median price per square foot of 1,160 AED, across 43 eligible buildings. It ranks 9th of 43 by price per square foot and 17th of 17 by gross yield in International City Phase 2.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · Studio
  52 registered sales in 12 months
  On record
• Rental evidence · Studio
  5 new and 3 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  Elevia Residences: not recorded complete, 0% built, planned 2027-06-30 · register data to 2026-07-06
  On record
• Developer
  Valores · delivery record
  On record
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Elevia Residences?

Elevia Residences returns 6.4% gross: a median new-contract rent of AED 35,000 a year (5 Ejari contracts in 12 months) over a price benchmark of AED 550,000 (median of 52 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.

How much does a studio in Elevia Residences cost?

The median registered sale price is AED 550,000 (1,351 AED/sqft), from 52 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

How does Elevia Residences compare with International City Phase 2?

Its 6.4% gross yield sits -2.0 pts against the International City Phase 2 median of 8.4%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

What is the registered annual rent for a studio in Elevia Residences?

The median new annual rent is AED 35,000, from 5 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 Elevia Residences?

52 sales were registered with the Dubai Land Department in the last 12 months, alongside 5 Ejari rental contracts. Every median on this page rests on those counts.