PropertyIndex

The Cove

Completed · Q4 2021|300 units · 2 towers · 1 building · 1 podium

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The Cove is a completed apartment development by THE LAGOONS PHASE ONE L.L.C in Dubai Creek Harbour, Al Khairan First, comprising 300 registered units. 408 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,307 per sqft. At AED 2,307 per sqft, The Cove prices 4% below the Dubai Creek Harbour average of AED 2,399 per sqft on registered sales.

PIX© price · 4.6% YoY
3.30MAED
Typical
2,307AED
PSF
Gross yield
6.1%
PIX© rent ÷ PIX© price
Sale records
408
DLD · all time
Rent contracts
658
Ejari · all time
The Cove

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
86 – 5,267 sqft
3003.30M2,3074.6%203K6.1%
Residential
1 Bed · Apartment
724 – 1,011 sqft
73
2 Bed · Apartment
1,127 – 2,032 sqft
120
3 Bed · Apartment
1,741 – 2,907 sqft
79
4 Bed · Apartment
3,860 – 5,267 sqft
8
Commercial
Shop
894 – 3,067 sqft
11
Store
86 – 286 sqft
9
Sales — Project-Wide408 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower Analysis
last 24 months
All towers · 56 sales
Building 3 · 8 sales
Building 1 · 30 sales
Building 2 · 18 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
3 Aug 2026Building 1 · Floor 71,3392,750,0002,054+8.1%Entry LevelStandard Sale
6 Jul 2026Building 1 · Floor 21,3393,000,0002,241+7.6%StandardPayment Plan Sale
23 Jun 2026Building 1 · Floor 61,2833,350,0002,612+33.8%PremiumStandard Sale
Rentals — Project-Wide658 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower Analysis
last 24 months
All towers · 287 rentals
Building 3 · 71 rentals
Building 2 · 91 rentals
Building 1 · 124 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
20 Sep 20261 Bed826208,877253Premiumrenewal
20 Aug 20262 Bed1,217162,000133Standardnew
15 Aug 20262 BedBuilding 1 · Floor 151,343154,155115-0.5%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Creek Harbour

The closest-priced registered projects in Dubai Creek Harbour.

Common questions about The Cove

Answered from Dubai Land Department registered transactions.

How much does a property in The Cove cost?

Property in The Cove sells at a current PIX© price of AED 2,307 per sqft, or about AED 3,301,355 for a typical unit, based on 408 sales registered with the Dubai Land Department.

Is The Cove completed?

Yes. The Cove is recorded as completed in the Dubai Land Department project register (completed q4 2021).

Who is the developer of The Cove?

The Cove is developed by THE LAGOONS PHASE ONE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Cove?

The Cove yields 6.1% gross, calculated from current PIX© rent against current PIX© sale price, across 658 registered Ejari contracts.

How many units are in The Cove?

The Cove holds 300 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in The Cove gone up or down?

Price per sqft has fallen -4.6% over the last 12 months, to AED 2,307, across 408 registered sales.