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Cove Phase 2 By Ellington - Image 1
Golden Visa
Dubai Islands, Dubai·Ellington Properties

Cove Phase 2 By Ellington

AED 3.95MPublished estimate: 5.5
1-4
Bedrooms
N/A
Bathrooms
816+
Sqft
Q2 2028
Handover
Explore Dubai Islands
View community info, amenities & nearby attractions
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About This Project

Cove Phase 2 By Ellington by Ellington Properties in Dubai Islands, Dubai offers apartment, penthouse residences in 1–4-bedroom configurations. Starting from AED 3,950,000. The published handover timing is Q2 2028, supported by a payment structure of 20% down payment; 50% during construction; 30% on handover. The developer allocation is recorded as sold out, so availability is limited to resale or later released stock. For investment screening, 5.5% is used as a current area-level gross rental-yield benchmark rather than a guaranteed project return. The expected ROI field uses the same income-return proxy and does not add assumed capital appreciation. Service charges, vacancy, management, furnishing, financing and transaction costs can reduce net returns. Buyers should reconfirm current inventory, unit-specific pricing, layouts, service charges and contractual milestones before reservation.

Amenities

Indoor Swimming Pool
Landscaped Gardens
CCTV Security
Gymnasium
Restaurants
Children's Play Area

Related Keywords

Cove Phase 2 By EllingtonEllington PropertiesDubai IslandsDubaiApartmentPenthouse

Key Features

Theme
Apartment, Penthouse
Unique
Dubai Islands, Dubai
Price
AED 4.0M

Property Documents

Request available documents for this property

Investment Potential

5.5
Published ROI Estimate

Verify assumptions independently

5.5
Published Rental Yield

Gross/net basis may vary

Property Price: AED 3.95M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

May be relevant to property-based residency criteria; verify current rules

Payment Plan

20% down payment; 50% during construction; 30% on handover
20%Booking
50%During
30%On
Booking
AED 0.79M(20%)
During Construction
AED 1.98M(50%)
On Handover
AED 1.19M(30%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
Q2 2028

Frequently Asked Questions

What residences are available at Cove Phase 2 By Ellington?

Cove Phase 2 By Ellington offers Apartment, Penthouse in 1–4-bedroom configurations. Current unit availability should be reconfirmed.

What is the payment plan for Cove Phase 2 By Ellington?

The published payment structure is 20% down payment; 50% during construction; 30% on handover. Contractual terms should be confirmed for the selected unit.

When is Cove Phase 2 By Ellington expected to be completed?

The published handover target is Q2 2028. Construction schedules remain subject to developer updates.

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Mortgage Calculator

Property Price
AED 3,950,000
Down Payment25% (AED 987,500)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 2,962,500
Monthly PaymentAED 15,151
Total InterestAED 1,582,800

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeApartment, Penthouse
Payment Plan20% down payment; 50% during construction; 30% on handover
HandoverQ2 2028
DeveloperEllington Properties
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