Cove Living Residence — project image
Off-Plan

Cove Living Residence

From AED 700,000·Handover Mar 2027·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 700,000
Starting Price
Mar 2027
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
Studio · Apartments
Type

Project Overview

Cove Living Residence is a 36-storey premium residential complex offering elegant studio apartments with 1-2 bedrooms. Functional layouts and large windows that let in plenty of natural light create a cozy and comfortable atmosphere in each residence. Spacious balconies offer picturesque views of the surrounding area. The architectural concept of the building is a minimalist snow-white facade with smooth, curved lines. Winding, protruding balconies add dynamics to the tower and serve as a real decoration of the building. Residents have the opportunity to use various premium amenities: a private swimming pool, an equipped gym, a rooftop pool and two infinity pools, a spa, a sauna, a children's play area with a pool, areas for various sports, a landscaped garden with walking paths and recreation areas with barbecue, as well as an open-air cinema. The location of the complex is also one of its key advantages. It is in close proximity to major shopping malls, restaurants, entertainment and cultural venues, hospitals and educational institutions. Dubai Outlet Mall is within a 5-minute radius, Global Village and IMG Worlds are 10 minutes away, and Dubai Safari Park is about 15 minutes away.

Project Specifications
DeveloperImtiaz Developments
LocationDubailand Residence Complex
Unit TypesStudio, Apartments
AreaDubailand Residence Complex
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 30,205 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,105
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 322,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Imtiaz Developments.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Club house
Covered gym
Electric Vehicle Charger
Golf course
Infinity pool
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped garden
Leisure areas
Open air gym
Outdoor cinema
Parking
Private pool
SPA
Sauna
Tennis court
Yoga studio

Location

Cove Living Residence location map
Project location

Nearby Destinations

Dubailand Residence Complex

Developer and Project Facts

01

Cove Living Residence by Imtiaz Developments

02

Located in Dubailand Residence Complex

03

Starting from AED 700,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Mar 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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