Studio · 626 sqftCove Edition Residence 1, Dubailand Residence Complex · 5th floor

502, Cove Edition Residence 1

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 16 November 2024
Last soldAED 752K16 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Cove Edition Residence 1

What is 502 worth today?

Last sold for AED 751,558 in 2024

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16 Nov 2024Sold by developerOff-plan
AED 751,558AED 1,201 per sqft

Source: Dubai Land Department. Updated 16 November 2024.

Key facts

Type
Studio apartment
Size
626 sqft
Floor
5th of 13
Parking
1
Developer
Imtiaz Real Estate Investment & Development
Last sold
AED 752K · November 2024

About 502, Cove Edition Residence 1

502 is a studio of 626 sqft on the 5th floor of Cove Edition Residence 1, a 13-storey tower in Dubailand Residence Complex by Imtiaz Real Estate Investment & Development . The developer sold it on 16 November 2024 for AED 751,558, or AED 1,201 per sqft, 18% below the AED 1,461 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Cove Edition Residence 1
600K700K202420252026Typical sale price by year: 2024 AED 631,678; 2025 AED 618,691Sold by developer, November 2024: AED 751,558 (AED 1,201 per sqft)

502 has sold once; the dashed line is the studio median of each year in the building.

Studios in Cove Edition Residence 1, and where 502 sits

All 65 studios →

502 last sold in November 2024 at AED 1,201 per sqft, 18% below what studios in Cove Edition Residence 1 were fetching at the time (AED 1,461). Over the last 12 months studios sold for AED 617,438 to 649,088, around AED 1,488 per sqft.

Recent studio salesUnit no.Price (AED)Summary
11 Feb 2026617,438
15 Jan 2026649,088
22 Oct 2025617,104
29 May 2025612,482
2 studio sales in the last 12 months

Cove Edition Residence 1

Building

182 apartments, studios to 2-bed over 13 floors in Dubailand Residence Complex by Imtiaz Real Estate Investment & Development . 5 sold in the last 12 months.

Typical price per sqft
AED 1,108
Typical sale
AED 1M
Typical rent
Few contracts
Typical yield
Cove Edition Residence 1, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 182 units in Cove Edition Residence 1
Value
5011-bedAED 927K · Jan 2025
5031-bedAED 1.02M · May 2025
5041-bedAED 949K · Oct 2024
505StudioAED 617K · Oct 2024
506StudioAED 591K · Sep 2024
507StudioAED 616K · Sep 2024
5081-bedAED 932K · Oct 2024
1–7 of 13

502, Cove Edition Residence 1 in numbers

  • Sold once: by Imtiaz Real Estate Investment & Development on 16 November 2024 for AED 751,558, or AED 1,201 per sqft.
  • Studios in Cove Edition Residence 1 sold for AED 617,438–649,088 in the 12 months to November 2026; the building's median across all types is AED 1,108 per sqft.

Source: Dubai Land Department. Updated 16 November 2024.

Questions about 502, Cove Edition Residence 1

What did unit 502 last sell for?

AED 751,558 on 16 November 2024, sold by the developer: AED 1,201 per sqft for 626 sqft. It is the only registered sale of the unit.

How big is unit 502?

626 sqft (58.2 sqm): a studio on the 5th floor of a 13-storey tower.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Cove Edition Residence 1 sold for AED 617,438 to 649,088 in the last 12 months, around AED 1,488 per sqft.

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Mortgage on 502, Cove Edition Residence 1

Starts from the last sale price (AED 752K, 16 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 751,558
Deposit, UAE resident (20%)
AED 150,312
Deposit, non-resident (40%)
AED 300,623
Monthly over 25 years at 3.7%
AED 3,075

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →