The Cove ll

ACTIVE

By The Lagoons Phase One L.L.C · Al Khairan First

Median price/sqft
AED 2,117
3-yr CAGR
+5.0%
Transactions
990
Gross yield
5.0%
Launch → now (est.)
+16%

est. — modelled from compounded CAGR, pending launch-price data.

ACTIVE
Project imagery — coming soon

Building 4: 2B+G+22, Building 5: 2B+G+7, Building 7 & 8: 2B+G+8 Building 9: 2B+G+19 and Building 10: 2B+G+7, Residential, the project designed to have a concrete structure and block with internal and external finishes.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
+8.4%
3-yr CAGR
+5.0%
5-yr CAGR
Provisional — pending DLD licence
Median price
AED 2,676,444
Price/sqft (last 12 months)
AED 2,426
Secondary-market share
1%
Resale-only (est.)
+8.0%

est.

Like-for-like 1BR (est.)
+6.0%

est.

Rental yield

Studio
n/a
1BR
5.1%
2BR
5.0%
3BR
5.0%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages. Table = Al Khairan First trailing 3-year window.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 975,360
AED per sqft
AED 2,032

28 May 2026

Unit
1BR · 760 sqft
Price
AED 1,608,920
AED per sqft
AED 2,117

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 1,805,640
AED per sqft
AED 2,202

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 2,448,500
AED per sqft
AED 2,075

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Status
ACTIVE
Units
806
Buildings
13
Completion date
31 Dec 2026
Completed
72%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 1,608,455

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 2,399,920

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated