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 Nov 9, 2026, Dubai Land Department recorded 35 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
As of Nov 1, 2026. These details can change; confirm them with the developer 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
26%
Being built. DLD register, Nov 11, 2026
Completion on the register
May 2027
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك دبي الاسلامي (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
198
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
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
Paid by then
NowBooking · 20%
Booking
20%
AED 134,000+ AED 26,800 DLD fee
AED 160,800
Jan 2027While it is built · 15%
While it is built
15%
AED 100,500
AED 261,300
Apr 2027While it is built · 15%
While it is built
15%
AED 100,500
AED 361,800
Jun 2027Keys · 50%
Keys
50%
AED 335,000
AED 696,800
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
Total costPrice plus the DLD fee
AED 696,800
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.
A mortgage at the keys
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 5 finished projects by this developer since 2017. 5 of the 5 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. We have recorded the completion dates of their 12 projects under way since Jun 12, 2026. None has moved since then.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
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 35 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in COVE EDITION RESIDENCE 5 by Imtiaz, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 35 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in COVE EDITION RESIDENCE 5 by Imtiaz, from Nov 10, 2025 to Nov 9, 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 1,634 per sq ft
1 sale
AED 1,634 to AED 1,672 per sq ft
2 sales
AED 1,672 to AED 1,711 per sq ft
3 sales
AED 1,711 to AED 1,750 per sq ft
12 sales
AED 1,750 to AED 1,788 per sq ft
6 sales
AED 1,788 to AED 1,827 per sq ft
5 sales
This project's from price is in this band.
AED 1,827 to AED 1,866 per sq ft
0 sales
AED 1,866 to AED 1,904 per sq ft
6 sales
AED 1,595 per sq ftAED 1,904 per sq ft
This project AED 1,801 per sq ft
Half of the sales sold for AED 1,731 to AED 1,822 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 1,634 per sq ft
1
AED 1,634 to AED 1,672 per sq ft
2
AED 1,672 to AED 1,711 per sq ft
3
AED 1,711 to AED 1,750 per sq ft
12
AED 1,750 to AED 1,788 per sq ft
6
AED 1,788 to AED 1,827 per sq ft
5
AED 1,827 to AED 1,866 per sq ft
0
AED 1,866 to AED 1,904 per sq ft
6
The 3 closest sales
Picked from the 35 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
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 35 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
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
6%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
5%
Typical gross yield of similar ready homes
9.4%
Median rent of studio apartments in Dubai Land Residence Complex
AED 40,000 a year
Service charge a year, from the keysThe area median, AED 13 per sq ft from 8 buildings, as of 2023, for the smallest home (372 sq ft)
AED 4,836
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 35 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 35 similar studio sales in this building over the 12 months from October 2025 to November 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 the developer 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 only.
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 35 similar studio sales in this building over the 12 months to November 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.
