Price, payment plan and homes
Price per propertyfinder.ae, 1 Oct 2026- Starting price
- AED 2.1M
- ≈ $572K
- Bedrooms
- 1 bed to 4 bed
- 816 – 5,586 sqft
- Payment plan
- 20/50/30
- AED 420K to book
- Handover
- Q2 2028
Homes and floor plans
Freehold
Payment plan
On AED 2.1M- 20% at bookingAED 420K
- 50% during construction, until handover (Q2 2028)AED 1.05M
- 30% on handover (Q2 2028)AED 630K
Before the keys: AED 1.47M, 70% of the price.
One of 2 plans listed on Property Finder
Location · Dubai Islands · Dubai
Nakheel island group off Deira, formerly Palm Deira, with beaches and low-rise apartments.
Forecast
What it could be worth
More in Dubai Islands
Compare side by sideAll projects in Dubai Islands
The in-depth review
Why it scores 64
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 2,795/sqft (as of 10 Nov 2026). This project's figure is our estimate from the listed prices and unit sizes, so no gap is shown here; the score's price factor reads it at half weight, capped at 70. The gap appears once the register shows ten of this project's own sales or the developer states a price per sqft.
How the 64 was scored
6 of 8 factors · 85% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleNot assessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileNot assessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- Our estimate from its typical home, against the median of 1,153 off-plan sales in Dubai Islands · DLD
- Developer track record
- Our rating, 15 delivered projects, how its 11 finished buildings resell and who stands behind it
- Payment plan
- 20% down · 50% during construction · 30% on handover
- Location and infrastructure
- Our rating of Dubai Islands, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 24 resales of finished apartments in Dubai Islands this year · DLD
- Construction on schedule
- Not assessed yet: needs the completion % and handover date, or the owner's assessment
- How much is still being built nearby
- 3,857 homes sold in Dubai Islands this year, 99% off-plan · DLD
- The basics on file
- Not assessed yet: needs the project's DLD registration or escrow account number
Confidence low: the price figure is our estimate from the price and size of the typical home, not a registered or stated price.
62 → 64 10 Nov 2026, resale factorScored since 24 Sep 2026 · 5 score 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 breakdown behind the 64
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 6 assessed factor scores, with the figure and source behind each
- Score history since 24 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
Everything behind the 64, and behind every other score on the site.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q2 2028
Under construction
What this means
Also due in 2028 in Dubai Islands: 39 more projects we list
Ellington Properties: 15 projects delivered in the last ten years, delay not measured, none cancelled.
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.
DLD registration status
Verified 1 Oct 2026- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026.
Before you pay: four things to check
1The escrow account
We hold no DLD registration. Ask for the project number and its escrow account, and check both on dubailand.gov.ae.2The handover date
The listed date is Q2 2028. Ask for the date in the sales agreement.3Today's price list
AED 2,100,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 50% during construction, 30% at handover. Ask for each payment's date and amount.
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.
- 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
What’s nearby
straight-line distance- Beach90 m
- Supermarket or mall1.8 km
- Metro or tram stop2.5 km
- Hospital or clinic2.7 km
- School3.2 km
The nearest of each on OpenStreetMap, Sep 2026.
Cove 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, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Cove Phase 2?
The asking price is around AED 2,574 per sqft, our estimate from the listed prices and unit sizes.
When is the Cove Phase 2 handover date?
Cove Phase 2 is expected to hand over in Q2 2028. The project is under construction.
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.
What is the Rendr Score of Cove Phase 2?
Cove Phase 2 scores 64 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 6 of its 8 factors are assessed, 85% of the weight.
Who is the developer of Cove Phase 2?
Cove Phase 2 is being developed by Ellington Properties. It sits in Dubai Islands, Dubai.
Changes
Listed 24 Sep 2026 · 1 change since, last 24 Sep 2026
Payment plan stated: 20/50/30
Source: propertyfinder.ae, read 24 Sep 2026
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026