Off-Plan
Initial Sale
1 / 11
AED
490,000
Est. Payment AED 0/mo
Studio
1 bath
390 sqft
Coventry 66, Residential District, Dubai South, Dubai, UAE
ROCK-BOTTOM PRICE STUDIOI NEAR AL MAKHTOM AIRPORT I 3 YEAR POST HANDOVER I FURNISHED
Type
Apartment
Purpose
Sale
Furnishing
Furnished
Updated
4th May 2026
Completion Status
Off-Plan
Payment Plan
100/0
Handover
Q2 2027
Developer
GFS Builders and Developers
Project Name
Coventry 66
Studio Investment Plan
• Price: AED 500,000
• Downpayment (start): AED 100,000
• Payment Plan:
• 1% monthly (AED 5,000) for 24 months = AED 120,000
• Balance in 3 years post-handover (2027–2030)
• Expected Rent: ~AED 60,000 annually
⸻
1. Capital Invested Till 2027 (Handover)
• Downpayment: AED 100,000
• 1% plan for 24 months: AED 120,000
• Total invested till 2027 = AED 220,000
So, the buyer locks this unit with just 220K till handover.
⸻
2. Post-Handover Payments (2027–2030)
• Total price: AED 500,000
• Paid till handover: 220,000
• Balance = AED 280,000
• Spread over 36 months = ~AED 7,778 per month
⸻
3. Rental Income vs. Payment
• Expected rent: AED 60,000 annually (~AED 5,000 per month)
• Monthly rent covers ~65% of post-handover installments.
• Net out-of-pocket for buyer: ~AED 2,800/month only.
⸻
4. ROI on Invested Capital
• Capital invested till handover = AED 220,000
• Annual Rental = AED 60,000
• ROI = 60,000 ÷ 220,000 = 27% annual return on initial capital.
⸻
✅ Investor Advantage Summary:
• AED 220K invested till handover (2027).
• Rental of 60K/year = 27% ROI on invested capital.
• Rent covers 65% of post-handover payments.
• Investor enjoys property appreciation + leverage with low upfront exposure
• Price: AED 500,000
• Downpayment (start): AED 100,000
• Payment Plan:
• 1% monthly (AED 5,000) for 24 months = AED 120,000
• Balance in 3 years post-handover (2027–2030)
• Expected Rent: ~AED 60,000 annually
⸻
1. Capital Invested Till 2027 (Handover)
• Downpayment: AED 100,000
• 1% plan for 24 months: AED 120,000
• Total invested till 2027 = AED 220,000
So, the buyer locks this unit with just 220K till handover.
⸻
2. Post-Handover Payments (2027–2030)
• Total price: AED 500,000
• Paid till handover: 220,000
• Balance = AED 280,000
• Spread over 36 months = ~AED 7,778 per month
⸻
3. Rental Income vs. Payment
• Expected rent: AED 60,000 annually (~AED 5,000 per month)
• Monthly rent covers ~65% of post-handover installments.
• Net out-of-pocket for buyer: ~AED 2,800/month only.
⸻
4. ROI on Invested Capital
• Capital invested till handover = AED 220,000
• Annual Rental = AED 60,000
• ROI = 60,000 ÷ 220,000 = 27% annual return on initial capital.
⸻
✅ Investor Advantage Summary:
• AED 220K invested till handover (2027).
• Rental of 60K/year = 27% ROI on invested capital.
• Rent covers 65% of post-handover payments.
• Investor enjoys property appreciation + leverage with low upfront exposure
Posted on: 30th September 2025
Amenities
Central A/C & Heating
Balcony
+16 More
Private Gym
Private Jacuzzi
Shared Pool
Shared Spa
Security
Electricity Backup
Service Elevators
Kids Play Area
Maintenance Staff
CCTV Security
Cafeteria or Canteen
Facilities for Disabled
Cleaning Services
Lobby in Building
Waste Disposal
Building Information
Building Name
Coventry 66
Floors
6
Swimming Pools
1
Parking Spaces
73
Building Area
97,954 sqft
Elevators
2
Project Information
Project Name
Coventry 66
Developer
GFS WONDERS DEVELOPERS L.L.C
Project Status
Active
Last Inspected
April, 2025
Handover
May, 2027
Source: Dubai Land Department (DLD)
Mortgage Calculator
UAE Residency Status
AED
AED
%
Years
%
Monthly Payment
AED 0
Principal
AED 392,000
Interest
AED 0
Total Loan Amount
AED 0
0%100%
Interest
Principal
Map View
Coventry 66, Residential District, Dubai South, Dubai, UAE
More Info
Permit Number
71743795305
Zone Name
Madinat Al Mataar
Registered Agency
ASHLEY BROWN PROPERTIES L.L.C
RERA
36692
Reference ID
MBQ-COV-2
BRN (DLD)
35487
Permit
To know more about the rules and regulations visit the Land Department Website.
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