IMTIAZ “Cove Grand”
Off-Plan

IMTIAZ “Cove Grand”

From AED 810,000·Handover Aug 2027·20% down payment Payment
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AED 810,000
Starting Price
Aug 2027
Handover
20% down payment
Payment Plan
Studio · 2 BR
Type

Project Overview

Cove Grand is a premium residential complex in Dubailand, located next to a picturesque park and featuring contemporary architecture with an emphasis on clean lines and minimalism, as well as large windows and balconies providing panoramic views of the surrounding parks and landscapes. Cove Grand offers an impressive configuration consisting of a basement, ground floor, 3 podium floors, 17 residential floors and a rooftop with amenities. The complex offers a wide range of residences: from studios to apartments with 1-3 bedrooms. Cove Grand offers its residents a world of opportunities for relaxation, entertainment and maintaining a healthy lifestyle: a gym, a modern clubhouse, adult and children's swimming pools, picturesque outdoor seating areas and BBQ area, mini golf and children's play area, an open-air cinema, a cozy pool bar and water cabana, etc. Cove Grand offers exceptional proximity to all that Dubai has to offer! Within minutes, you can reach key points: IMG World, Academic City, Silicon Oasis and Dubai Outlet Mall (5 mins), Desert Palm Polo Club and Dubai Safari Park (12 mins), Downtown Dubai and Dubai Mall (20 mins), Dubai Marina and Palm Jumeirah (25 mins).

Project Specifications
DeveloperImtiaz Developments
LocationDubailand Residence Complex
Unit TypesStudio, 2 BR, 3 BR, 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 34,952 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,222
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 52,650 / 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
IMTIAZ “Cove Grand” launch basis900AED 810,000Current 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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IMTIAZ “Cove Grand” official render 1

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IMTIAZ “Cove Grand” official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Imtiaz Developments.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

IMTIAZ “Cove Grand” — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Children’s pool
Club house
Electric Vehicle Charger
Golf course
Infinity pool
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped park
Leisure areas
Lift
Lobby
Outdoor cinema
Parking
Shared Pool
Shared gym

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

IMTIAZ “Cove Grand” by Imtiaz Developments

02

Located in Dubailand Residence Complex

03

Starting from AED 810,000

04

Unit mix includes Studio, 2 BR, 3 BR, Apartments

05

Expected handover: Aug 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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