Off-PlanDubai

GRID · Dubai

Coventry 2

Warsan, Dubai

Bedrooms

Studio – 1 Bed

Type

Apartment

Payment Plan

20% booking — 30% during construction — 10% on completion — 40% post-handover (paid annually over 4 years)

Handover

Q4 2028 (estimated)

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Location

Warsan

Starting Price

AED 520,000

Handover

Q4 2028 (estimated)

Amenities

15+

Unit Sizes

Studio390 – 395 sq ft, from AED 520,000

1 Bedroom719 – 750 sq ft, from AED 880,000

1 Bedroom + Study849 – 850 sq ft, from AED 996,000

At a Glance

Studio, 1BR and 1BR+Study apartments in Warsan
Starting from AED 520,000
Construction-linked payment plan to an estimated Q4 2028 handover
15+ amenities: pilates studio, cold plunge, steam and sauna rooms
Recording studio, rooftop jogging track and stargazing pavilion

About this project

Coventry 2 by GRID is a Studio, 1-Bedroom and 1-Bedroom+Study building in Warsan, Dubai, starting from AED 520,000. A construction-linked payment plan runs to an estimated Q4 2028 handover, with 15+ amenities including a temperature-controlled family pool, pilates studio, cold plunge and a rooftop stargazing pavilion.

Interior, fully-furnished — click to enlarge

Amenities

Wellness & Fitness

Outdoor Temperature-Controlled Family Pool
Gym
Pilates Studio
Sauna Rooms

Lifestyle & Comfort

Cold Plunge
Steam Room
Multipurpose Rooms
Recording Studio
Stargazing Pavilion

Business & Work

Co-Working Room

Family & Kids

Kids' Indoor & Outdoor Play Areas
Kids' Creative Studio

Outdoor & Views

Rooftop Jogging Track

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Payment Plan Arithmetic

The presentation’s own payment plan table: 10% Booking, 10% (unlabeled early milestone, 2026), 15% Substructure Completion (Sep-27, estimated), 15% Super Structure Completion (May-28, estimated), 10% at a further milestone (Dec-28, estimated), 40% Post-Handover (paid annually over 4 years) — summing to exactly 100% (10+10+15+15+10+40), arithmetic verified. All construction milestone dates are explicitly marked "*Estimated Dates" in the source, not fixed.

Bank Factsheet Is Payment Legalese, Not Project Facts

This project’s "Bank Factsheet.zip" contains only booking-form payment/DLD-fee legal boilerplate (currency, wire transfer instructions, 4% DLD registration fee) — no project facts. It does confirm the selling entity: "GRID REAL ESTATE DEVELOPMENT L.L.C" (footer also shows "G F S REAL ESTATE DEVELOPMENT L.L.C," treated as the same entity/a source naming variant) trading as "GRID REALTY," with an Emirates NBD account.

Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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Location

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Map shows approximate project location. Exact site boundaries may vary.

About the Developer

GRID

GRID (also known as GRID Realty/GRID Properties) is a Dubai real estate developer founded in 2019, backed by Gulf Islamic Investments, with a portfolio of over 30 projects and 6.8 million sq ft of development valued at $2.2 billion, spanning the UAE, UK and Cyprus. GRID is known for branded partnerships (Elie Saab Residences, Marriott Autograph) and for acting as Development Lifecycle Management Partner on projects owned by other entities, in addition to developing its own projects directly.

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Starting from

AED 520K

20% booking — 30% during construction — 10% on completion — 40% post-handover (paid annually over 4 years) · Handover Q4 2028 (estimated)

Dubai — Market Yield Range

5% – 12.5% gross p.a.

Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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Developer-Direct Pricing

Same price as booking through the developer — zero resale markup.

One Advisor, Start to Finish

A single point of contact from reservation through to handover — no chain of resellers.