Sales launch of apartments from $159k with 6.6% ROI in the investment project COVE in Dubailand

04 Mar 2024

The new COVE project in Dubailand is set to hit the market soon: apartments with furnishings and renovations are available from $159,000. Enjoy views of green avenues or courtyard gardens from the windows. These apartments are suitable for both investment and living.

The COVE project is scheduled for completion in March 2027. Once you receive the keys to your apartment, we will arrange for electricity, gas, water, and internet connections. Additionally, if needed, we can assist with furniture orders.

We'll help you earn:

• A wide selection of studios and 1-bedroom apartments is available, which are the most sought-after types of properties for rent in the Dubailand area.

• We'll find a tenant for you as soon as you receive the keys and handle the rental agreement registration with the Land Department ourselves. Alternatively, we can assist in selling at the peak price to maximize your profit.

• Initial payment – from $31,800.

• Post-handover installment plan of 70/30 for 6 years.

Estimated ROI from long-term rentals:

Annual rent for a similar property in the location, considering the growth of rental rates closer to the completion of the project – $12,600

Service charge – $1,700

DLD – from $6,360

ROI ≈ 6.6%