New homes in Cove Edition 3 by Imtiaz start at AED 585,000; keys are due Nov 2026; you pay 20% to book, 35% while it is built and 45% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 30 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Cove Edition Residence 3 By Imtiaz. Their median price is AED 1,558 per sq ft (about AED 598,000 at 384 sq ft). This project's from price is AED 1,523 per sq ft (AED 585,000 for its smallest home, 384 sq ft), 2% less.
Keys
Nov 2026
The developer's handover date
Payment plan
20 / 35 / 45
20% to book, 35% while it is built, 45% at the keys
Bedrooms
Studio to 2 beds
Sizes
384 to 1,505 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,523 per sq ft
Similar off-plan homes: AED 1,558 per sq ft
RERA project
3466
Check it in Dubai REST, the Dubai Land Department's official app.
Built
3%
Being built. DLD register, Jun 12, 2026
Completion on the register
Dec 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك أبوظبي الأول ش.م.ع.
The bank that holds your payments
Registered homes
260
In 1 buildings
Paying for it
You pay 20% when you book, 35% as the building goes up, and 45% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
20%
AED 117,000
As it is built
While it is built
35%
AED 204,750
At the keys (Nov 2026)
Keys
45%
AED 263,250
Booking payment, 20%
AED 117,000
Dubai Land Department fee (Oqood), 4%
AED 23,400
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 140,400
The handover date (Nov 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 3 finished projects by this developer since 2017. 3 of the 3 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Buildings in this area paid a median of AED 13 per sq ft a year in 2023, from 8 buildings on the Dubai Land Department register. For the smallest home (384 sq ft) that is about AED 5,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 30 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Cove Edition Residence 3 By Imtiaz, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Cove Edition Residence 3 By Imtiaz sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 30 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Cove Edition Residence 3 By Imtiaz, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,558 per sq ft
AED 1,391 to AED 1,434 per sq ft
1 sale
AED 1,434 to AED 1,477 per sq ft
3 sales
AED 1,477 to AED 1,520 per sq ft
5 sales
AED 1,520 to AED 1,563 per sq ft
7 sales
This project's from price is in this band.
AED 1,563 to AED 1,606 per sq ft
4 sales
AED 1,606 to AED 1,649 per sq ft
3 sales
AED 1,649 to AED 1,693 per sq ft
6 sales
AED 1,693 to AED 1,736 per sq ft
1 sale
AED 1,391 per sq ftAED 1,736 per sq ft
This project AED 1,523 per sq ft
Half of the sales sold for AED 1,517 to AED 1,645 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,391 to AED 1,434 per sq ft
1
AED 1,434 to AED 1,477 per sq ft
3
AED 1,477 to AED 1,520 per sq ft
5
AED 1,520 to AED 1,563 per sq ft
7
AED 1,563 to AED 1,606 per sq ft
4
AED 1,606 to AED 1,649 per sq ft
3
AED 1,649 to AED 1,693 per sq ft
6
AED 1,693 to AED 1,736 per sq ft
1
The 3 closest sales
Picked from the 30 similar sales above, closest in size to this project's smallest home.
Sep 2025AED 644,188AED 1,680 per sq ftCove Edition Residence 3 by Imtiaz, 383 sq ft
Apr 2025AED 617,527AED 1,611 per sq ftCove Edition Residence 3 by Imtiaz, 383 sq ft
Apr 2025AED 613,755AED 1,601 per sq ftCove Edition Residence 3 by Imtiaz, 383 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Land Residence Complex in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 585,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
2% below 30 similar sales
1-bed apartment
Off-plan medianAED 1,099,000AED 1,376 per sq ft
Sales2,718
2-bed apartment
Off-plan medianAED 1,578,000AED 1,269 per sq ft
Sales1,102
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
6.8%
Typical for similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Rent contracts counted
983
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 40,000 a year
1-bed apartment
AED 56,000 a year
2-bed apartment
AED 74,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 40,000 ÷ AED 585,000 = 6.8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Gems First Point School (The Villa)1 km, 17 min walkSchool
GEMS Wellington Academy2.5 km, 8 min driveBritish school
Indian International School2 km, 7 min driveIndian school
Cove Edition 3 by Imtiaz, from Imtiaz Developments, is a building in Dubai Land Residence Complex with studios to 2-bedroom apartments from AED 585,000 and a listed handover of November 2026. The listed handover is this month, so ask for the completion certificate before you pay anything.
The listed handover is November 2026, which is this month. Ask whether the building has its completion certificate and the exact handover date, and ask when the 35% construction payment falls due. Visit and inspect the unit if you can.
The plan is 20% on booking, 35% during construction and 45% at handover. At the from price that is AED 117,000 to book, AED 204,750 for the construction stage and AED 263,250 at handover. The project is tagged as having a post-handover plan, but no post-handover step is listed, so ask whether one is on offer. Separately, the 4% DLD fee comes to AED 23,400; ask when it is due.
On price, the from price is 2.2% below 30 similar studio sales in this project (24 months to October 2026). The check compares price per square foot, not total price.
Homes run from about 384 to 1,505 sq ft, but no floor plans are listed, so ask for yours. The building has two basement levels, a ground floor, residential floors, a rooftop and a landscaped podium. For shared use there is a gym, a pool and a kids' pool, a play area, covered parking and round-the-clock security. A medical centre is about 190 m away, GEMS First Point School (The Villa) about 1.0 km and GEMS Wellington Academy about 2.5 km. Creek Metro Station is about 18 minutes by car.
Median price of studio apartments in Dubai Land Residence Complex, over the 12 months to each dateUp 17% from Dec 2024 to Sep 2026.
Dec 2024AED 1,389 per sq ft
Sep 2026AED 1,629 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,629 per sq ft
3,041 sales
Jun 2026
AED 1,634 per sq ft
3,565 sales
Mar 2026
AED 1,617 per sq ft
3,650 sales
Dec 2025
AED 1,589 per sq ft
3,515 sales
Sep 2025
AED 1,546 per sq ft
3,109 sales
Jun 2025
AED 1,492 per sq ft
2,778 sales
Mar 2025
AED 1,435 per sq ft
2,326 sales
Dec 2024
AED 1,389 per sq ft
1,550 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
When is handover?
The listed handover is November 2026, this month. Ask for the completion certificate and the exact handover date before you pay.
Is there a payment plan after handover?
The listed plan is 20% on booking, 35% during construction and 45% at handover, with nothing after handover. Ask the developer if a post-handover option exists.
How does the price compare with sales?
The from price is 2.2% below 30 similar studio sales in this project (24 months to October 2026).
What sizes can I buy?
Studios, one- and two-bedroom homes from about 384 to 1,505 sq ft. No floor plans are listed, so ask for them.
How long is the drive to the metro?
Creek Metro Station is about 13.9 km away, roughly 18 minutes by car by our estimate.
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
