In Q4 2022, Emaar Properties have introduced Buildings 4–11 in the second phase of its premium THE COVE complex on Creek Island of the sought-after area of Dubai Creek Harbour. The waterfront development offers a collection of stylish 1-3 bedroom apartments, 2-4bedroom duplexes and penthouses, as well as 3-bedroom townhouses, with living areas ranging from 628 sq. ft to 6,927 sq. ft.
All THE COVE 2 residences will come with balconies or terraces overlooking a vibrant promenade and the iconic Dubai skyline. Owners of penthouses, duplexes and 3-bedroom apartments will also have a maid’s room with an attached bathroom for their utmost convenience. Select layouts will feature private gardens, where homeowners will be able to enjoy the utmost privacy and a serene atmosphere.
When living in THE COVE 2, one will be treated to an abundance of unrivaled leisure amenities. That being said, you will be able to enjoy an unforgettable time with your friends and family, thanks to the following offerings:
For detailed information on property prices in THE COVE 2 development, please register your interest on our website.
In Q3 2022, Dubai Creek Harbour witnessed the launch of Creek Crescent, which offers a deluxe collection of apartments in 1-3 bedroom configurations and 4 three-bedroom townhouses.
Nestled next to Ras Al Khor Road, THE COVE 2 provides excellent transport connectivity with the rest of Dubai. For instance, Dubai International Airport, DIFC and Business Bay, among other coveted addresses, can be reached within a radius of 20 minutes. Please note that since the infrastructure of the entire Dubai Creek Harbour is still under development, there are no public transport links within the vicinity of THE COVE 2 at the moment.
Within approximately the same distance as the destinations mentioned above, it is possible to reach plenty of social facilities found below:
THE COVE 2 is due for completion in December 2026, which means you have the opportunity to purchase a residence here with the help of a convenient payment plan. For more details, please contact our real estate agents.
In addition to the offerings mentioned previously, occupants of THE COVE will have easy access to the ever popular Creek Marina, which houses art installations, food trucks, a sculptural viewing deck, the Address Grand Creek Harbour hotel and much more. Dubai Creek Harbour Central Park, one of the emirate’s largest parks, also lies nearby, offering a splash pad, a fitness plaza, skating areas and other fun-filled amenities. Not forgetting the Harbour Promenade, where visitors can indulge in sumptuous dishes across various dining venues.
If you are thinking of renting your property out upon its completion, you will be keen to learn that the gross yield for 1-bedroom apartments in Dubai Creek Harbour has reached 5.8%, as of Q4 2022. The initial rental cost in this neighbourhood is AED 65K (USD 18K). It is worth noting that both the ROI and capital value of real estate in Dubai Creek Harbor is set to increase, following the development progress within the area.
In Dubai, you can obtain a 3-year investor visa via the Taskeen Programme if the property you acquire exceeds AED 750K (USD 205K). On the other hand, if you decide to invest at least AED 2M (USD 545K), you become eligible for a 10-year Golden Visa. Both of these schemes apply exclusively to completed property, which means that once THE COVE 2 is ready, you can enjoy all the benefits of long-term residency in Dubai with your family.
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