Dubai Land Department Off-Plan Register

THE COVE Building 2 Launch Prices

Off-plan in Dubai Creek Harbour · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

66 developer launch sales registered at THE COVE Building 2 between Jul 2017 and Nov 2021: 100% apartments, most commonly 2-bed units, typically around 1,216 sqft.

Launch sales
66
DLD off-plan registrations, all time
Median launch /sqft
AED 1,499
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,062,8888,209,008
Min – max registered

Bed mix: 1-bed 36% · 2-bed 52% · 3-bed 11% · 4+-bed 2%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at THE COVE Building 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2017 Q316AED 1,804
2017 Q45AED 1,464
2018 Q215AED 1,489
2018 Q32AED 1,660
2018 Q43AED 1,480
2019 Q14AED 1,471
2019 Q21AED 1,612
2019 Q31AED 1,491
2019 Q44AED 1,770
2020 Q13AED 1,483
2020 Q21AED 1,466
2020 Q32AED 1,599
2021 Q34AED 1,641
2021 Q45AED 1,583
Two different markets

Launch vs Resale

THE COVE Building 2 also has 33 ready-market resales registered with the DLD, the first on 24 June 2022 - 59 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
33
15 in the last 2 years
Resale median /sqft
AED 2,197
last 2 years
Resale vs launch
+47%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at THE COVE Building 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 4+ Bed
5,264 sqft · 15 November 2021
AED 8,209,008
AED 1,560 /sqft
Apartment · 3 Bed
1,747 sqft · 10 November 2021
AED 2,760,852
AED 1,581 /sqft
Apartment · 3 Bed
1,747 sqft · 10 November 2021
AED 2,875,888
AED 1,647 /sqft
Apartment · 3 Bed
1,747 sqft · 4 October 2021
AED 2,764,888
AED 1,583 /sqft
Apartment · 3 Bed
1,746 sqft · 4 October 2021
AED 2,795,888
AED 1,601 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Compare this project with every other off-plan launch registered in Dubai Creek Harbour, or see the community's resale market.

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