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Building · Transactions · 2022

The Cove Building 1 Property Transactions 2022

43 property sales worth ⃃ 152.65M were registered in The Cove Building 1 in 2022, 126.3% higher than 2021 by number of sales. The median sale price was ⃃ 2,803,888 and the median price per square foot ⃃ 2,124 (+4.8% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 43 salesUpdated: 15 Nov 2026
Property sales
43
+126.3% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 152.65M
+153.6% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 2,803,888
+2.9% vs 2021
43 sales
Median price per sq ft
⃃ 2,124
+4.8% vs 2021
43 sales

What types of property sold in The Cove Building 1 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments43100%⃃ 152.65M⃃ 2,803,888⃃ 2,124

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)2660.5%⃃ 91.59M⃃ 4,145,841⃃ 2,253
Resale (secondary)1739.5%⃃ 61.06M⃃ 2,650,000⃃ 1,946
Ready43100%⃃ 152.65M⃃ 2,803,888⃃ 2,124

How many rental contracts were registered in The Cove Building 1 in 2022?

58 rental contracts (new and renewed) were registered in The Cove Building 1 in 2022, at a median annual rent of ⃃ 105,000. Rental yields in The Cove Building 1

What were the most expensive property sales in The Cove Building 1 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/11/2022The Cove Building 14 beds · Apartment4,136 sq ft⃃ 10,750,000Resale · Ready
17/10/2022The Cove Building 14 beds · Apartment4,620 sq ft⃃ 9,991,000Resale · Ready
26/01/2022The Cove Building 14 beds · Apartment4,136 sq ft⃃ 7,100,000Resale · Ready
26/05/2022The Cove Building 13 beds · Apartment1,840 sq ft⃃ 4,297,888Primary · Ready
09/06/2022The Cove Building 13 beds · Apartment1,839 sq ft⃃ 4,260,888Resale · Ready
07/02/2022The Cove Building 13 beds · Apartment1,840 sq ft⃃ 4,255,888Primary · Ready
21/02/2022The Cove Building 13 beds · Apartment1,840 sq ft⃃ 4,249,888Primary · Ready
18/03/2022The Cove Building 13 beds · Apartment1,840 sq ft⃃ 4,231,888Primary · Ready
05/08/2022The Cove Building 13 beds · Apartment1,840 sq ft⃃ 4,216,888Primary · Ready
02/06/2022The Cove Building 13 beds · Apartment1,839 sq ft⃃ 4,214,888Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
08/12/2022The Cove Building 12 beds · Apartment1,343 sq ft⃃ 2,750,000Resale · Ready
05/12/2022The Cove Building 11 bed · Apartment745 sq ft⃃ 1,177,000Resale · Ready
24/11/2022The Cove Building 12 beds · Apartment1,343 sq ft⃃ 2,613,888Primary · Ready
22/11/2022The Cove Building 12 beds · Apartment1,343 sq ft⃃ 2,800,000Resale · Ready
22/11/2022The Cove Building 12 beds · Apartment1,283 sq ft⃃ 2,300,000Resale · Ready
14/11/2022The Cove Building 11 bed · Apartment745 sq ft⃃ 1,600,000Resale · Ready
10/11/2022The Cove Building 13 beds · Apartment1,840 sq ft⃃ 4,105,794Primary · Ready
07/11/2022The Cove Building 14 beds · Apartment4,136 sq ft⃃ 10,750,000Resale · Ready
03/11/2022The Cove Building 13 beds · Apartment1,840 sq ft⃃ 4,207,888Primary · Ready
31/10/2022The Cove Building 12 beds · Apartment1,283 sq ft⃃ 2,650,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/the-cove-building-1/2022
The Cove Building 1 Property Transactions 2022. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-cove-building-1/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in The Cove Building 1 in 2022?
43 property sales worth ⃃ 152,647,914 were registered in The Cove Building 1 in 2022. That is 126.3% higher than 2021.
What was the median property price in The Cove Building 1 in 2022?
The median sale price was ⃃ 2,803,888 and the median price per square foot ⃃ 2,124 (1 Jan – 31 Dec 2022).
What share of 2022 sales in The Cove Building 1 were off-plan or from developers?
Developer (primary) sales were 60.5% of the 43 sales and resales 39.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-cove-building-1/2022