Building · Transactions · 2022

The Cove Building 2 Property Transactions 2022

21 property sales worth ⃃ 55.23M were registered in The Cove Building 2 in 2022, 23.5% higher than 2021 by number of sales. The median sale price was ⃃ 2,722,618 and the median price per square foot ⃃ 1,897 (+10.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 21 salesUpdated: 18 Oct 2026
Property sales
21
+23.5% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 55.23M
−13.6% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 2,722,618
−5.3% vs 2021
21 sales
Median price per sq ft
⃃ 1,897
+10.7% vs 2021
21 sales

What types of property sold in The Cove Building 2 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments21100%⃃ 55.23M⃃ 2,722,618⃃ 1,897

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)733.3%⃃ 25.61M⃃ 3,953,183⃃ 2,007
Resale (secondary)1466.7%⃃ 29.62M⃃ 2,115,000⃃ 1,852
Ready21100%⃃ 55.23M⃃ 2,722,618⃃ 1,897

How many rental contracts were registered in The Cove Building 2 in 2022?

37 rental contracts (new and renewed) were registered in The Cove Building 2 in 2022, at a median annual rent of ⃃ 95,000. Rental yields in The Cove Building 2

What were the most expensive property sales in The Cove Building 2 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/03/2022The Cove Building 23 beds · Apartment1,891 sq ft⃃ 4,426,888Primary · Ready
02/09/2022The Cove Building 23 beds · Apartment2,199 sq ft⃃ 4,413,888Primary · Ready
22/03/2022The Cove Building 23 beds · Apartment1,890 sq ft⃃ 4,284,888Primary · Ready
27/01/2022The Cove Building 23 beds · Apartment2,192 sq ft⃃ 3,953,183Primary · Ready
04/10/2022The Cove Building 23 beds · Apartment1,746 sq ft⃃ 3,350,000Resale · Ready
07/02/2022The Cove Building 23 beds · Apartment1,746 sq ft⃃ 3,082,888Primary · Ready
28/12/2022The Cove Building 22 beds · Apartment1,217 sq ft⃃ 2,912,888Resale · Ready
21/09/2022The Cove Building 22 beds · Apartment1,313 sq ft⃃ 2,891,888Resale · Ready
07/02/2022The Cove Building 22 beds · Apartment1,217 sq ft⃃ 2,729,888Primary · Ready
28/12/2022The Cove Building 22 beds · Apartment1,206 sq ft⃃ 2,722,888Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
28/12/2022The Cove Building 22 beds · Apartment1,206 sq ft⃃ 2,722,888Resale · Ready
28/12/2022The Cove Building 22 beds · Apartment1,217 sq ft⃃ 2,912,888Resale · Ready
07/12/2022The Cove Building 21 bed · Apartment738 sq ft⃃ 1,400,000Resale · Ready
29/11/2022The Cove Building 21 bed · Apartment724 sq ft⃃ 1,265,000Resale · Ready
23/11/2022The Cove Building 22 beds · Apartment1,217 sq ft⃃ 2,714,888Resale · Ready
11/11/2022The Cove Building 22 beds · Apartment1,217 sq ft⃃ 2,200,000Resale · Ready
10/11/2022The Cove Building 21 bed · Apartment790 sq ft⃃ 1,350,000Resale · Ready
09/11/2022The Cove Building 22 beds · Apartment1,251 sq ft⃃ 1,900,000Resale · Ready
04/10/2022The Cove Building 23 beds · Apartment1,746 sq ft⃃ 3,350,000Resale · Ready
21/09/2022The Cove Building 22 beds · Apartment1,313 sq ft⃃ 2,891,888Resale · 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-2/2022
The Cove Building 2 Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-cove-building-2/2022

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 2 in 2022?
21 property sales worth ⃃ 55,231,793 were registered in The Cove Building 2 in 2022. That is 23.5% higher than 2021.
What was the median property price in The Cove Building 2 in 2022?
The median sale price was ⃃ 2,722,618 and the median price per square foot ⃃ 1,897 (1 Jan – 31 Dec 2022).
What share of 2022 sales in The Cove Building 2 were off-plan or from developers?
Developer (primary) sales were 33.3% of the 21 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-cove-building-2/2022