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Elevia Residences Iii construction progress

Elevia Residences Iii in International City Phase 3 is 0% built at the Land Department inspection of June 2026. Developer Valores Wbay Property Development. Completion registered for July 2027.

0%

Built, at the Land Department site inspection of 22 June 2026

Running behind its date

Completion date (Land Department)
July 2027
Finish at recent pace
August 4270
Construction started
August 2025
Registered with the Land Department
September 2025
Developer
Valores Wbay Property Development
Units
105
Escrow bank
National Bank of Ras Al Khaimah
Name in Arabic
مساكن إيليفيا Iii
Land Department project number
3882
Land Department site inspections
2

Schedule

Between July 2025 and June 2026 the site added about 0.0 points a month. At that rate it would finish around August 4270, more than three months after the July 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

22 June 2026

0%+0.0 pts

  • Elevia Residences Iii construction site, Land Department inspection photo 1, 22 June 2026
  • Elevia Residences Iii construction site, Land Department inspection photo 2, 22 June 2026
  • Elevia Residences Iii construction site, Land Department inspection photo 3, 22 June 2026
  • Elevia Residences Iii construction site, Land Department inspection photo 4, 22 June 2026

29 July 2025

0%

  • Elevia Residences Iii construction site, Land Department inspection photo 1, 29 July 2025
  • Elevia Residences Iii construction site, Land Department inspection photo 2, 29 July 2025

All 6 site photos, by inspection date

Context

International City Phase 3 has 21 projects under construction, 30% built on average. Elevia Residences Iii is behind that average.

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Questions

When will Elevia Residences Iii be completed?
The completion date registered with the Dubai Land Department is July 2027. At the pace of its recent inspections the site would reach 100% around August 4270. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
How much of Elevia Residences Iii is built?
0%, measured at the Land Department site inspection on 22 June 2026. The Land Department engineers have inspected the site 2 times since July 2025.
Is Elevia Residences Iii delayed?
It is running behind. At the rate of the last year it would finish more than three months after its registered date of July 2027.
Who is building Elevia Residences Iii?
The registered developer is Valores Wbay Property Development.
Which bank holds the escrow account for Elevia Residences Iii?
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.