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Elevia Residences construction progress

Elevia Residences in International City Phase 3 is 3.0% built at the Land Department inspection of April 2026. Developer Valores Property Development. Completion registered for June 2027.

3.0%

Built, at the Land Department site inspection of 30 April 2026

Running behind its date

Completion date (Land Department)
June 2027
Finish at recent pace
February 2059
Construction started
August 2025
Registered with the Land Department
July 2025
Developer
Valores Property Development
Units
106
Escrow bank
National Bank of Ras Al Khaimah
Name in Arabic
ايليفيا رزيدينسيز
Land Department project number
3635
Land Department site inspections
2

Schedule

Between April 2025 and April 2026 the site added about 0.2 points a month. At that rate it would finish around February 2059, more than three months after the June 2027 date registered with the Land Department.

0%25%50%75%100%20262027
Progress at each Land Department site inspectionStraight line from start to the Land Department completion date

Site inspections

30 April 2026

3.0%+3.0 pts

  • Elevia Residences construction site, Land Department inspection photo 1, 30 April 2026
  • Elevia Residences construction site, Land Department inspection photo 2, 30 April 2026
  • Elevia Residences construction site, Land Department inspection photo 3, 30 April 2026
  • Elevia Residences construction site, Land Department inspection photo 4, 30 April 2026

22 April 2025

0%

  • Elevia Residences construction site, Land Department inspection photo 1, 22 April 2025
  • Elevia Residences construction site, Land Department inspection photo 2, 22 April 2025

All 7 site photos, by inspection date

Context

International City Phase 3 has 21 projects under construction, 30% built on average.

Valores Property Development has 2 projects under construction in Dubai; 1 has passed its registered completion date.

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Questions

When will Elevia Residences be completed?
The completion date registered with the Dubai Land Department is June 2027. At the pace of its recent inspections the site would reach 100% around February 2059. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Elevia Residences is built?
3.0%, measured at the Land Department site inspection on 30 April 2026. The Land Department engineers have inspected the site 2 times since April 2025.
Is Elevia Residences delayed?
It is running behind. At the rate of the last year it would finish more than three months after its registered date of June 2027.
Who is building Elevia Residences?
The registered developer is Valores Property Development. It has 1 other project under construction in Dubai.
Which bank holds the escrow account for Elevia Residences?
National Bank of Ras Al Khaimah. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.

Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.