516, Cove Edition Residence 2
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.
Property timeline for 516, Cove Edition Residence 2
What is 516 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,174 sqft
- Floor
- 5th of 13
- Parking
- 1
- Developer
- Imtiaz Real Estate Investment & Development
- Last sold
- AED 1.29M · November 2024
- Building
- Cove Edition Residence 2
About 516, Cove Edition Residence 2
516 is a two-bedroom apartment of 1,174 sqft on the 5th floor of Cove Edition Residence 2, a 13-storey tower in Dubailand Residence Complex by Imtiaz Real Estate Investment & Development . The developer sold it on 28 November 2024 for AED 1,290,964, or AED 1,099 per sqft, in line with the AED 1,071 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Cove Edition Residence 2, and where 516 sits
All 23 2-beds →516 last sold in November 2024 at AED 1,099 per sqft, in line with what two-beds in Cove Edition Residence 2 were fetching at the time (AED 1,071). Over the last 12 months two-beds sold for AED 1,245,000 to 1,440,000, around AED 1,166 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,174 sqft | 1,440,000 | 1,226 | ||
| 1 May 20261 May 2026 | 1,174 sqft | 1,370,683 | 1,167 | ||
| 25 Dec 202525 December 2025 | 1,174 sqft | 1,350,000 | 1,149 | ||
| 10 Dec 202510 December 2025 | 1,174 sqft | 1,370,000 | 1,166 |
Cove Edition Residence 2
Building240 apartments, studios to 2-bed over 13 floors in Dubailand Residence Complex by Imtiaz Real Estate Investment & Development . 19 sold in the last 12 months.
- Typical price per sqft
- AED 1,323 Down 3.5%
- Typical sale
- AED 900K
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 240 units in Cove Edition Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 443 sqft | AED 607KAED 607,265 · Jan 2025January 2025 | ||
| 502 | 2-bed | 1,174 sqft | AED 1.35MAED 1,350,000 · Dec 2025December 2025 | ||
| 504 | 1-bed | 743 sqft | AED 859KAED 859,421 · Jan 2025January 2025 | ||
| 505 | 1-bed | 1,017 sqft | AED 1.04MAED 1,040,654 · Jan 2025January 2025 | ||
| 506 | Studio | 385 sqft | AED 620KAED 620,318 · Nov 2024November 2024 | ||
| 508 | Studio | 395 sqft | AED 681KAED 680,858 · Nov 2024November 2024 | ||
| 509 | Studio | 384 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | ||
| 510 | Studio | 407 sqft | AED 585KAED 585,173 · Jan 2025January 2025 | ||
| 511 | Studio | 383 sqft | AED 500KAED 500,000 · Feb 2025February 2025 | ||
| 512 | Studio | 407 sqft | AED 633KAED 633,364 · Nov 2024November 2024 | ||
| 513 | 1-bed | 1,016 sqft | AED 962KAED 961,792 · Dec 2024December 2024 | ||
| 514 | 1-bed | 743 sqft | AED 1.02MAED 1,023,051 · Nov 2024November 2024 | ||
| 515 | 1-bed | 745 sqft | AED 1.03MAED 1,025,667 · Jan 2025January 2025 | ||
| 517 | Studio | 419 sqft | AED 639KAED 638,679 · Jan 2025January 2025 | ||
| 518 | Studio | 388 sqft | AED 530KAED 530,000 · Aug 2025August 2025 | ||
| 519 | Studio | 408 sqft | AED 631KAED 631,078 · Mar 2025March 2025 | ||
| 520 | Studio | 536 sqft | AED 656KAED 655,551 · Nov 2024November 2024 |
516, Cove Edition Residence 2 in numbers
- Sold once: by Imtiaz Real Estate Investment & Development on 28 November 2024 for AED 1,290,964, or AED 1,099 per sqft.
- Two-beds in Cove Edition Residence 2 sold for AED 1,245,000–1,440,000 in the 12 months to November 2026; the building's median across all types is AED 1,323 per sqft.
Source: Dubai Land Department. Updated 28 November 2024.
Questions about 516, Cove Edition Residence 2
What did unit 516 last sell for?
AED 1,290,964 on 28 November 2024, sold by the developer: AED 1,099 per sqft for 1,174 sqft. It is the only registered sale of the unit.
How big is unit 516?
1,174 sqft (109.1 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Cove Edition Residence 2 sold for AED 1,245,000 to 1,440,000 in the last 12 months, around AED 1,166 per sqft.
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Mortgage on 516, Cove Edition Residence 2
Starts from the last sale price (AED 1.29M, 28 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,290,964
- Deposit, UAE resident (20%)
- AED 258,193
- Deposit, non-resident (40%)
- AED 516,386
- Monthly over 25 years at 3.7%
- AED 5,282
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →