Cove Edition III

Cove Edition III is an off-plan residential project by Imtiaz Developments located in Dubailand, Dubai. It offers studios and 1-2 bedroom apartments ranging from 380 to 1,313 sq. ft., each equipped with a smart home system. The development is scheduled for handover in Q4 2026.

Prices start from AED 700,000 (approximately USD 190,000) for a 1-bedroom unit as of November 2024. Studios are also available within the development. Buyers can secure a unit with a 20% down payment under the 70/30 payment plan.

Imtiaz offers a 70/30 payment plan on Cove Edition III, with a 20% down payment required at booking. The remaining 50% is paid during construction milestones, and the final 30% is due on handover in Q4 2026. This structure keeps upfront capital requirements manageable for both end-users and investors.

The project is situated in Dubailand and is positioned directly next to the new Blue Line metro station, making it one of the more transit-connected addresses in the area. Business Bay, Downtown Dubai, and Dubai International Airport are all within a 25-minute drive.

Residents have access to a rooftop pool, a fully equipped fitness center, a clubhouse, landscaped gardens, private terraces, loungers, and communal seating areas. The amenity mix is designed for day-to-day lifestyle convenience rather than just headline features. Smart home technology is integrated into every apartment.

Ranches Primary School and Jumeirah English Speaking School are both within a 10-20 minute drive, making the location practical for families. Mediclinic Arabian Ranches is the nearest major medical facility and falls within the same travel radius. Global Village and Cityland Mall also sit nearby for leisure.

1-bedroom units in Dubailand were generating an average ROI of 6% as of Q4 2024, with rental income starting from AED 43,000 per year. Rental yields are expected to rise after the Q4 2026 handover as the Blue Line metro becomes operational and demand in the corridor increases. The entry price from AED 700K keeps the yield-to-price ratio competitive within Dubai's market.

Yes, investors purchasing in Cove Edition III are eligible for either a 2-year or a 10-year UAE Golden Visa depending on the investment value. The 10-year visa option can be extended to include domestic staff, adding a practical lifestyle benefit. This makes Cove Edition III attractive to both full-time residents and overseas investors building a Dubai base.