This invention discloses a valved stent for implantation at a dysfunctional ordiseased atrioventricular valvular annulus.The valved stent is expandable from a collapsed shape to an expanded shape forminimally invasive delivery and has a low profile atthe atrial or superior aspect to achieve improved hemodynamics and offers thecapability to fabricate replacement valves having largediameters, The invention also includes a delivery apparatus uniquely designedfor implantation of the valved stent and offering thepotential for controlled and precise placement of the valved stent at theatrioventricular annulus. The invention also includes methodsfor use of the above devices and for treating diseased atrioventricularvalves.