Development of the Week: Cove Edition by Imtiaz
Cove Edition by Imtiaz Developments is the latest addition to our coveted Development of the Week series. Dubbed an ‘oasis in the sky’, this apartment building is to be located Dubailand and will offer studios, 1 and 2-bed units. If you’re looking for an investment opportunity, keep it here as we bring you all the essential details of this exciting project.
ABOUT COVE EDITION DUBAILAND
Dubailand is a fast developing locality with the government investing heavily in infrastructure and many property developers initiating new projects to cater to the increased demand. Vital factors such as strategically central location and connectivity via Sheikh Mohammed Bin Zayed Road (E311) add to the area’s desirability.
Residents of Cove Edition will be able to enjoy a family-friendly atmosphere. As the population of the area grows, many schools have opened up within the community and neighbouring areas. Similarly, you can find excellent health care facilities nearby. There’s also an abundance of amenities in the vicinity, as well as an increasing number of green spaces ideal for outdoors activities.
In terms of shopping, residents will be able to drive to Dubai Mall in less than half an hour. Other malls such as Dubai Outlet Mall and Dragon Mart are also close by, providing plenty of choices when it comes to entertainment and restaurants.
For leisure, there are Al Marmoom Heritage Village, IMG Worlds of Adventure, Global Village and Al Habtoor Polo Resort and Club. Plus, the good news is that by the Cove Edition handover date, the amount of facilities and amenities will have increased even more.
Everything about this supremely modern building has been meticulously designed to impress. From the gold tones of the lobby, to the sophisticated, chic and modern apartments, the architectural design of Cove Edition ensures it stands out from the competition.
Add in the outstanding amenities Cove Edition has to offer and you’re looking at a project that is all set to make an impressive mark on Dubailand’s dynamic real estate landscape.
PROPERTIES IN COVE EDITION
Cove Edition will comprise studios, 1 and 2-bed units. These fully-furnished apartments will come with custom-designed furniture. Here is a look at the square-footage and cost for flats in Cove Edition:
Units | Starting Price | Unit Size Range |
---|---|---|
Units Studio | Starting Price AED 600k | Unit Size Range 400 – 625 sq. ft. |
Units 1-Bedroom | Starting Price AED 900k | Unit Size Range 800 – 1,100 sq. ft. |
Units 2-Bedroom | Starting Price AED 1.23M | Unit Size Range 1,100 – 1,200 sq. ft. |
You can find Cove Edition master plan on the official website.
PAYMENT PLAN
There are two payment plans available.
50-50 COVE EDITION PAYMENT PLAN
Milestone | Payment Percentage |
---|---|
Milestone On booking date | Payment Percentage 20% |
Milestone 15th November 2024 | Payment Percentage 5% |
Milestone 15th February 2025 | Payment Percentage 5% |
Milestone 15th June 2025 | Payment Percentage 10% |
Milestone 15th November 2025 | Payment Percentage 5% |
Milestone 15 February 2026 | Payment Percentage 5% |
Milestone On completion (June 2026) | Payment Percentage 50% |
70-30 COVE EDITION PAYMENT PLAN
Milestone | Payment Percentage |
---|---|
Milestone On booking date | Payment Percentage 20% |
Milestone 15th November 2024 | Payment Percentage 5% |
Milestone 15th February 2025 | Payment Percentage 5% |
Milestone 15th June 2025 | Payment Percentage 10% |
Milestone 15th November 2025 | Payment Percentage 10% |
Milestone 15 February 2026 | Payment Percentage 5% |
Milestone On completion (June 2026) | Payment Percentage 15% |
Milestone 2.5% quarterly in 3 years post-handover | Payment Percentage 30% |
COVE EDITION AMENITIES
Check out the list of Cove Edition amenities:
- Rooftop pool
- Rooftop lounges
- Private pool
- Kids’ pool
- Fully equipped gym
- Electric vehicle recharge station
- Club room
- Cabanas
- BBQ area
COVE EDITION DEVELOPER
Imtiaz Developments’ construction division has been operating for the past 20-years with a singular focus on creating immersive experiences that inspire, transform, and integrate communities. Imtiaz are all about providing value to customers and stakeholders, as well as setting new standards in the industry. Some of their popular projects include Beach Walk Grand, Beach Walk III, Beach Walk Residence, Cove, Pearl House and Hyde Park.
FAQs
WHAT IS THE COVE EDITION HANDOVER DATE?
The completion date is quarter 3, 2026.
WHAT ARE THE PROS AND CONS OF LIVING IN DUBAILAND?
Here is a list of pros and cons of living in Dubailand you can consider before making any decision.
That completes our overview of the new project, Cove Edition. Imtiaz Developments are known for delivering top of the line properties in fast-growing communities and it’s fair to say that Cove Edition is all set to be another glittering edition to their impressive portfolio.
Title Image Credit: Cove Edition official website