506, Cove Edition Residence 1
Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Cove Edition Residence 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 25 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 422 sqft
- Floor
- 5th of 13
- Parking
- 1
- Developer
- Imtiaz Real Estate Investment & Development
- Last sold
- AED 591K · September 2024
- Building
- Cove Edition Residence 1
About 506, Cove Edition Residence 1
506 is a studio of 422 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 25 September 2024 for AED 591,329, or AED 1,400 per sqft, in line with the AED 1,431 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the studio median of each year in the building.
Studios in Cove Edition Residence 1, and where 506 sits
All 65 studios →506 last sold in September 2024 at AED 1,400 per sqft, in line with what studios in Cove Edition Residence 1 were fetching at the time (AED 1,431). Over the last 12 months studios sold for AED 617,438 to 649,088, around AED 1,488 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 429 sqft | 617,438 | 1,440 | ||
| 15 Jan 202615 January 2026 | 422 sqft | 649,088 | 1,536 | ||
| 22 Oct 202522 October 2025 | 401 sqft | 617,104 | 1,538 | ||
| 29 May 202529 May 2025 | 422 sqft | 612,482 | 1,450 |
Cove Edition Residence 1
Building182 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
Other units on the 5th floor
All 182 units in Cove Edition Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,020 sqft | AED 927KAED 927,129 · Jan 2025January 2025 | ||
| 502 | Studio | 626 sqft | AED 752KAED 751,558 · Nov 2024November 2024 | ||
| 503 | 1-bed | 854 sqft | AED 1.02MAED 1,022,846 · May 2025May 2025 | ||
| 504 | 1-bed | 818 sqft | AED 949KAED 949,479 · Oct 2024October 2024 | ||
| 505 | Studio | 398 sqft | AED 617KAED 617,026 · Oct 2024October 2024 | ||
| 507 | Studio | 401 sqft | AED 616KAED 615,624 · Sep 2024September 2024 | ||
| 508 | 1-bed | 803 sqft | AED 932KAED 932,213 · Oct 2024October 2024 | ||
| 509 | 1-bed | 793 sqft | AED 876KAED 875,882 · Mar 2025March 2025 | ||
| 510 | Studio | 429 sqft | AED 612KAED 611,675 · Jan 2025January 2025 | ||
| 511 | 1-bed | 842 sqft | AED 923KAED 923,105 · Oct 2024October 2024 | ||
| 512 | 1-bed | 760 sqft | AED 868KAED 867,545 · Nov 2024November 2024 | ||
| 513 | 2-bed | 1,149 sqft | AED 1.2MAED 1,196,205 · Jan 2025January 2025 | ||
| 514 | 1-bed | 992 sqft | AED 1.02MAED 1,021,595 · Dec 2024December 2024 |
506, Cove Edition Residence 1 in numbers
- Sold once: by Imtiaz Real Estate Investment & Development on 25 September 2024 for AED 591,329, or AED 1,400 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 25 September 2024.
Questions about 506, Cove Edition Residence 1
What did unit 506 last sell for?
AED 591,329 on 25 September 2024, sold by the developer: AED 1,400 per sqft for 422 sqft. It is the only registered sale of the unit.
How big is unit 506?
422 sqft (39.2 sqm): a studio on the 5th floor of a 13-storey tower.
What is unit 506 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 506, Cove Edition Residence 1
Starts from the last sale price (AED 591K, 25 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 591,329
- Deposit, UAE resident (20%)
- AED 118,266
- Deposit, non-resident (40%)
- AED 236,532
- Monthly over 25 years at 3.7%
- AED 2,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →