New homes in Cove Edition 5 start at AED 670,000; keys are due Jun 2027; you pay 20% to book, 30% while it is built and 50% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 44 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in COVE EDITION RESIDENCE 5 by Imtiaz. Their median price is AED 1,743 per sq ft (about AED 648,000 at 372 sq ft). This project's from price is AED 1,801 per sq ft (AED 670,000 for its smallest home, 372 sq ft), 3% more.
Keys
Jun 2027
The developer's handover date
Payment plan
20 / 30 / 50
20% to book, 30% while it is built, 50% at the keys
Bedrooms
Studio to 2 beds
Sizes
372 to 1,307 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 1,801 per sq ft
Similar off-plan homes: AED 1,743 per sq ft
RERA project
3705
Check it in Dubai REST, the Dubai Land Department's official app.
Built
2%
Being built. DLD register, Jun 12, 2026
Completion on the register
May 2027
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
198
In 1 buildings
Paying for it
You pay 20% when you book, 30% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 134,000
Jan 2027
While it is built
15%
AED 100,500
Apr 2027
While it is built
15%
AED 100,500
Jun 2027
Keys
50%
AED 335,000
Booking payment, 20%
AED 134,000
Dubai Land Department fee (Oqood), 4%
AED 26,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 160,800
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
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 (372 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 44 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in COVE EDITION RESIDENCE 5 by Imtiaz, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 44 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in COVE EDITION RESIDENCE 5 by Imtiaz, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,743 per sq ft
AED 1,595 to AED 1,643 per sq ft
3 sales
AED 1,643 to AED 1,690 per sq ft
4 sales
AED 1,690 to AED 1,738 per sq ft
12 sales
AED 1,738 to AED 1,786 per sq ft
10 sales
AED 1,786 to AED 1,833 per sq ft
6 sales
This project's from price is in this band.
AED 1,833 to AED 1,881 per sq ft
1 sale
AED 1,881 to AED 1,928 per sq ft
7 sales
AED 1,928 to AED 1,976 per sq ft
1 sale
AED 1,595 per sq ftAED 1,976 per sq ft
This project AED 1,801 per sq ft
Half of the sales sold for AED 1,727 to AED 1,823 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 1,595 to AED 1,643 per sq ft
3
AED 1,643 to AED 1,690 per sq ft
4
AED 1,690 to AED 1,738 per sq ft
12
AED 1,738 to AED 1,786 per sq ft
10
AED 1,786 to AED 1,833 per sq ft
6
AED 1,833 to AED 1,881 per sq ft
1
AED 1,881 to AED 1,928 per sq ft
7
AED 1,928 to AED 1,976 per sq ft
1
The 3 closest sales
Picked from the 44 similar sales above, closest in size to this project's smallest home.
Oct 2026AED 679,490AED 1,827 per sq ftCove Edition Residence 5 by Imtiaz, 372 sq ft
Jun 2026AED 642,478AED 1,727 per sq ftCove Edition Residence 5 by Imtiaz, 372 sq ft
Nov 2025AED 639,455AED 1,719 per sq ftCove Edition Residence 5 by Imtiaz, 372 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 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 670,000 here
Off-plan medianAED 700,000AED 1,629 per sq ft
Sales3,041
3% above 44 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%
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 670,000 = 6%. 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)700 m, 11 min walkSchool
GEMS Wellington Academy3.5 km, 8 min driveBritish school
Indian International School3.3 km, 7 min driveIndian school
Cove Edition 5 is an Imtiaz Developments building in Dubai Land Residence Complex with fully furnished studios to 2-bedroom apartments from AED 670,000 and a listed handover of June 2027. Half the price is due at handover, and the from price per square foot is 3.3% above 44 similar sales in the building.
The plan is 20% on booking, 30% during construction and 50% at handover. At the from price that is AED 134,000 on booking and AED 201,000 during the build, so AED 335,000 is paid before handover. The other AED 335,000 is due at handover, listed for June 2027. Separately, the 4% DLD fee comes to AED 26,800; ask when it is due.
The from price per square foot is 3.3% above the median of 44 similar studio sales in this building over the 12 months from October 2025 to October 2026. The check compares price per square foot, not the total price. Ask for the price per square foot of your exact unit.
Studios are about 372 sq ft and one-bedroom homes about 738 sq ft; the two-bedroom size is about 1,307 sq ft. The listing says the one- and two-bedroom homes come with a pool, so ask whether that means a private pool and where it sits. The listing describes the apartments as fully furnished, with smart home systems. Listed facilities include a gym, a rooftop infinity pool, landscaped gardens, a clubhouse and a children's pool.
An Aster medical centre is about 470 m away and Gems First Point School (The Villa) about 680 m. GEMS Wellington Academy is about 3.5 km away, around 8 minutes by car. The nearest metro, Creek Metro Station, is about 15.3 km away and about 18 minutes by car, and Business Bay is about 20 minutes. The ownership is freehold.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
Studio
1 BR + Pool
2 BR + Pool
How prices moved
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
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
How does the price compare with recent sales?
The from price per square foot is 3.3% above the median of 44 similar studio sales in this building over the 12 months to October 2026.
How much is due at handover?
Half the price: AED 335,000 at the from price, after AED 134,000 on booking and AED 201,000 during construction. The listed handover is June 2027. Separately, the 4% DLD fee comes to AED 26,800; ask when it is due.
Do the homes have private pools?
The listing says the one- and two-bedroom homes come with a pool. Ask the developer whether it is private and check it on the floor plan.
Do I need to buy furniture?
The listing describes every apartment as fully furnished. Ask the developer for the furniture list for your unit.
Is there a school nearby?
Gems First Point School (The Villa) is about 680 m away and GEMS Wellington Academy about 3.5 km.
