New homes in Coventry 2 start at AED 452,000; keys are due Jun 2028; you pay 5% to book, 50% while it is built and 45% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 210 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Warsan Fourth. Their median price is AED 1,327 per sq ft (about AED 490,000 at 369 sq ft). This project's from price is AED 1,225 per sq ft (AED 452,000 for its smallest home, 369 sq ft), 8% less.
Keys
Jun 2028
The developer's handover date
Payment plan
5 / 50 / 45
5% to book, 50% while it is built, 45% at the keys
Bedrooms
Studio to 2 beds
Sizes
369 to 932 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,225 per sq ft
Similar off-plan homes: AED 1,327 per sq ft
RERA project
4178
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Nov 11, 2026
Completion on the register
Dec 2028
DLD shows only the current date. We have recorded it since Nov 11, 2026 and it hasn't moved.
Escrow account
مصرف ابوظبى الاسلامى
The bank that holds your payments
Registered homes
372
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 5% when you book, 50% as the building goes up, and 45% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 5%
Booking
5%
AED 22,600+ AED 18,080 DLD fee
AED 40,680
Feb 2027While it is built · 8.3%
While it is built
8.3%
AED 37,667
AED 78,347
Apr 2027While it is built · 8.3%
While it is built
8.3%
AED 37,666
AED 116,013
Jul 2027While it is built · 8.3%
While it is built
8.3%
AED 37,667
AED 153,680
Oct 2027While it is built · 8.3%
While it is built
8.3%
AED 37,667
AED 191,347
Jan 2028While it is built · 8.3%
While it is built
8.3%
AED 37,666
AED 229,013
Mar 2028While it is built · 8.3%
While it is built
8.3%
AED 37,667
AED 266,680
Jun 2028Keys · 45%
Keys
45%
AED 203,400
AED 470,080
Booking payment, 5%
AED 22,600
Dubai Land Department fee (Oqood), 4%
AED 18,080
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 40,680
Total costPrice plus the DLD fee
AED 470,080
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 210 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Warsan Fourth, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Coventry 2 sold in 24 months, so we compare with off-plan sales across Warsan Fourth.
Dubai Land Department recorded 210 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Warsan Fourth, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,327 per sq ft
AED 828 to AED 947 per sq ft
3 sales
AED 947 to AED 1,065 per sq ft
3 sales
AED 1,065 to AED 1,184 per sq ft
18 sales
AED 1,184 to AED 1,303 per sq ft
69 sales
This project's from price is in this band.
AED 1,303 to AED 1,422 per sq ft
61 sales
AED 1,422 to AED 1,540 per sq ft
35 sales
AED 1,540 to AED 1,659 per sq ft
18 sales
AED 1,659 to AED 1,778 per sq ft
3 sales
AED 828 per sq ftAED 1,778 per sq ft
This project AED 1,225 per sq ft
Half of the sales sold for AED 1,249 to AED 1,435 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 828 to AED 947 per sq ft
3
AED 947 to AED 1,065 per sq ft
3
AED 1,065 to AED 1,184 per sq ft
18
AED 1,184 to AED 1,303 per sq ft
69
AED 1,303 to AED 1,422 per sq ft
61
AED 1,422 to AED 1,540 per sq ft
35
AED 1,540 to AED 1,659 per sq ft
18
AED 1,659 to AED 1,778 per sq ft
3
The 3 closest sales
Picked from the 210 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 478,768AED 1,300 per sq ftCoventry 2, 368 sq ft
Aug 2026AED 488,580AED 1,326 per sq ftCoventry 2, 368 sq ft
Feb 2026AED 459,197AED 1,248 per sq ftZyra Vista Residences, 368 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Al Warsan in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 452,000 here
Off-plan medianAED 520,000AED 1,250 per sq ft
Sales336
8% below 210 similar sales
1-bed apartment
Off-plan medianAED 870,000AED 1,149 per sq ft
Sales584
2-bed apartment
Off-plan medianAED 1,249,000AED 1,078 per sq ft
Sales149
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
8.8%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
7.6%
Typical gross yield of similar ready homes
9.2%
Median rent of studio apartments in Al Warsan
AED 40,000 a year
Service charge a year, from the keysThe area median, AED 12 per sq ft from 8 buildings, as of 2023, for the smallest home (369 sq ft)
AED 4,428
Rent contracts counted
1,461
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 55,385 a year
2-bed apartment
AED 70,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 452,000 = 8.8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
宿舍2.1 km, 5 min driveSchool
Repton School Dubai2.5 km, 11 min driveBritish school
Sharjah American International School Dubai4.5 km, 13 min driveAmerican school
GEMS Wellington Academy3.5 km, 11 min driveIB school
Indian International School4.3 km, 11 min driveIndian school
Q1 Mall2.3 km, 5 min driveMall
Fakeeh University Hospital3.1 km, 6 min driveHospital
Coventry 2 is a GFS Developers apartment project in Al Warsan with studios to 2-bedroom homes from AED 452,000 and a listed handover of June 2028. You can book with 5% down, and the from price is 7.7% below 210 similar studio sales in the area (12 months to November 2026).
The plan is 5% on booking, 50% during construction and 45% at handover. At the from price you pay AED 22,600 to book, AED 226,000 during the build and AED 203,400 at handover. The listed handover is June 2028. The listing also shows a four-step 5 / 50 / 10 / 35 version, so ask the developer which plan applies. Separately, the 4% DLD fee comes to about AED 18,100; ask when it is due.
The from price is 7.7% below 210 similar studio sales in Warsan Fourth (12 months to November 2026). The check compares price per square foot, not total price. Ask which unit the from price covers before you compare.
Sizes run from 369 to 932 sq ft. The listing gives about 369 sq ft for a studio, 625 sq ft for one bedroom and 821 sq ft for two. In places the listing mentions only studios and one-bedroom homes, so confirm two-bedroom units are on sale. For shared use there is a gym, a pool and a kids' pool, a play area, a lobby and covered parking.
A clinic is about 510 m away, Repton School Dubai about 2.5 km and GEMS Wellington Academy about 3.5 km. Centrepoint Metro Station (formerly Rashidiya) is about 14 minutes by car. The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.
