Prime Highlights
- GFS Developments unveiled Coventry Residence, a 163-apartment residential project in Dubai Industrial City, set for completion in Q3 2027.
- The development emphasizes affordable living with premium community amenities, including a rooftop cinema, yoga center, fitness club, and podium gardens.
Key Facts
- Units start at Dh450,080, with 145 studios and 18 one-bedroom apartments designed for both end-users and investors.
- The flexible payment planincludes a 5% booking fee, 1% monthly payments over 60 months, and a three-year post-handover plan.
Background
GFS Developments has also introduced Coventry Residence, a middle-end residential development in the Dubai Industrial City, which is another addition to the list of affordable housing developments in the city. The development will contain 163 apartments scheduled to be completed in the third quarter of 2027, with prices of Dh450,080 being the starting price.
The project offers 145 studios and 18 one-bedroom units designed to combine affordability with community living. Coventry Residence will include a rooftop cinema, yoga meditation center, rooftop podium gardens, swimming pool, fitness club, indoor games, children’s playing facilities, and clubhouse. The community will be supplemented with special barbecue areas, a fireplace poolside, and multipurpose halls.
The location provides direct connectivity to Sheikh Mohammed Bin Zayed Road and Emirates Road. It is also just seven minutes from the upcoming Metro Express Line, 10 minutes from Dubai Parks, and 15 minutes from Al Maktoum International Airport.
Michael Collings, general manager of GFS Developments, said the project is positioned as a strong investment opportunity. “With its competitive pricing, flexible payment plan, and long-term rental potential, Coventry Residence appeals to both end-users and investors,” he noted.
Flexible payment plan will start with a booking fee of 5% and then 15% during the first month, and then 1% monthly payments for 60 months. A 20% final payment is due on completion, with a three-year post-handover plan to support buyers.
International star Karol Sevilla, present at the launch, called the project a step toward building a vibrant community where people can “live, connect, and thrive.
