The Cove 2
Off-Plan

The Cove 2

From AED 1.77M·Handover Dec 2026·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 1.77M
Starting Price
Dec 2026
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · 2 BR
Type

Project Overview

The Cove 2 is the second phase of a development by Emaar Properties, located in Dubai Creek Harbour. The complex comprises Buildings 4–11, some of which feature distinctive architectural concepts. Towers 4, 6, and 9 consist of two basement levels, a ground floor, and 7 to 22 residential floors. Towers 5, 7, 8, 10, and 11, situated closer to the waterfront, feature two open levels, a ground floor, and 7 to 8 residential floors. The contemporary architecture blends harmoniously with the surrounding landscape. The buildings showcase a stylish and elegant design, while townhouses, slightly elevated above the pedestrian level, provide residents with enhanced privacy. The development offers a diverse selection of residences, including 1–3 bedroom apartments, 3–4 bedroom duplexes, 3–4 bedroom penthouses, and 3-bedroom townhouses. The interiors are designed in a modern aesthetic using high-quality materials, creating comfortable and functional living spaces. Residents can enjoy scenic waterfront promenades lined with cafés and restaurants, admire breathtaking sunsets, and take in views of the Ras Al Khor Wildlife Sanctuary. A yacht club and three hotels are located nearby, offering a high level of comfort. The project benefits from a prime location, approximately 10 minutes from Burj Khalifa and Downtown Dubai, 15 minutes from Dubai International Airport, and around 40 minutes from Al Maktoum International Airport.

Project Specifications
DeveloperEmaar Properties
LocationDubai Creek Harbour
Unit Types1 BR, 2 BR, Apartments
AreaDubai Creek Harbour
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 76,376 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,966
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 115,050 / 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
The Cove 2 launch basis1,967AED 1.77MCurrent launch / asking basis
Dubai Creek Harbour ready-stock comps1,800AED 1.62MIndicative resale benchmark
Dubai Creek Harbour premium peer launches2,200AED 1.98MNew-launch peer set
Trophy alternative proxy2,700AED 2.43MHigher-end anchor for negotiation context

Gallery

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The Cove 2 official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Floor Plans

The Cove 2 — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Children’s pool
Cinema
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Lift
Lobby
Parking
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Sports ground
Walking paths

Location

Dubai Creek Harbour

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Creek HarbourDubai Creek HarbourDubai, UAE

Developer Track Record

01

The Cove 2 by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 1,770,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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