Cove Living Residence
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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 30,205 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,105
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 45,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Cove Living Residence launch basis778AED 700,000Current launch / asking basis
Dubailand Residence Complex ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubailand Residence Complex premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Imtiaz Developments.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Floor Plans

Cove Living Residence — 1 Bedroom Floor Plan

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

Dubailand Residence Complex

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubailand Residence ComplexDubailand Residence ComplexDubai, UAE

Developer Track Record

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

Get Qualified for Cove Living Residence

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