- From
- AED 2.1M
- ≈ $572K
- Handover
- Q2 2028
- Homes
- 1 bed to 4 bed
- 816 – 5,586 sqft
Price per sqft vs registered sales
Dubai Land Department open dataAED 2,574/sqft (est.)
The DLD median for apartments in Dubai Islands is AED 2,931/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
How the 53 was scored
5 of 7 factors · 85% of the weight · 24 Sep 2026- Price against what buyers actually paidAssessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
Unchanged since the first scoreScored since 24 Sep 2026 · 0 changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full working behind the 53
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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q2 2028
Under construction
What this means
Cove Phase 2 is due to hand over in Q2 2028. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
20/50/30
- Down payment
- 20%
- During construction
- 50%
- On handover
- 30%
One of 2 plans listed on Property Finder
What you’d pay and when
On the starting price of AED 2,100,000, as the plan splits it.
- 20% at bookingAED 420,000≈ $114K
- 50% during construction, until handover (Q2 2028)AED 1,050,000≈ $286K
- 30% on handover (Q2 2028)AED 630,000≈ $172K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Unit types
from AED 2.1M1 bed
from 816 sqft
2 bed
1,172 – 1,399 sqft
3 bed
1,730 – 2,248 sqft
4 bed
from 5,586 sqft
Apartment, Penthouse · Freehold
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for Cove Phase 2. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/ellington/cove-phase-2-by-ellington), read 2026-09-24; found in the Dubai web sweep.
About
Cove Phase 2 is Ellington's apartment tower in Dubai Islands, Dubai, with one to three-bedroom apartments from about 816 to 2,248 sq ft and four-bedroom penthouses from about 5,586 sq ft.
Read more
Prices start at AED 2,100,000 on a 20% booking, 50% during construction and 30% on handover plan, with handover listed for the second quarter of 2028.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Ellington apartment tower in Dubai Islands
- One to three-bedroom apartments from 816 sq ft and penthouses
- 20/50/30 payment plan
- Handover Q2 2028
- Developer
- Ellington Properties
- Area
- Dubai Islands
- Status
- Under construction
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Restaurants
- Children's Play Area
Dubai Islands · Dubai
Nakheel island group off Deira, formerly Palm Deira, with beaches and low-rise apartments.
More in Dubai Islands
Compare side by sideAll projects in Dubai IslandsCove Phase 2: questions buyers ask
How much does Cove Phase 2 cost?
Prices at Cove Phase 2 start from AED 2,100,000 (about $572K) for 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at Cove Phase 2?
The asking price is around AED 2,574 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the Cove Phase 2 handover date?
Cove Phase 2 is expected to hand over in Q2 2028. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the Cove Phase 2 payment plan?
Cove Phase 2 is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover. Developers change plans between phases, so confirm yours before signing.
What is the Rendr Score of Cove Phase 2?
Cove Phase 2 scores 53 of 100 on the Rendr Score, fair, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Dubai Islands according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of Cove Phase 2?
Cove Phase 2 is being developed by Ellington Properties. It sits in Dubai Islands, Dubai. You can see every project by Ellington Properties we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Cove Phase 2?
Cove Phase 2 is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Cove Phase 2 registered with DLD?
We do not yet hold a project registration number for Cove Phase 2. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 1 change since, last 24 Sep 2026
Payment plan changed to 20/50/30
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/ellington/cove-phase-2-by-ellington), read 2026-09-24; found in the Dubai web sweep
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/ellington/cove-phase-2-by-ellington), read 2026-09-24; found in the Dubai web sweep
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