Building · Transactions · 2023

The Cove Building 3 Property Transactions 2023

5 property sales worth ⃃ 16.27M were registered in The Cove Building 3 in 2023, 28.6% lower than 2022 by number of sales. The median sale price was ⃃ 4,000,000 and the median price per square foot ⃃ 2,140 (+17.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 5 salesUpdated: 18 Oct 2026
Property sales
5
−28.6% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 16.27M
−22.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 4,000,000
+37.5% vs 2022
5 sales
Median price per sq ft
⃃ 2,140
+17.0% vs 2022
5 sales

What types of property sold in The Cove Building 3 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%⃃ 16.27M⃃ 4,000,000⃃ 2,140

How were 2023 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
Resale (secondary)5100%⃃ 16.27M⃃ 4,000,000⃃ 2,140
Ready5100%⃃ 16.27M⃃ 4,000,000⃃ 2,140

How many rental contracts were registered in The Cove Building 3 in 2023?

25 rental contracts (new and renewed) were registered in The Cove Building 3 in 2023, at a median annual rent of ⃃ 122,800 (+3.6% on 2022). Rental yields in The Cove Building 3

What were the most expensive property sales in The Cove Building 3 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/07/2023The Cove Building 33 beds · Apartment1,871 sq ft⃃ 4,500,000Resale · Ready
17/05/2023The Cove Building 33 beds · Apartment1,741 sq ft⃃ 4,300,888Resale · Ready
18/04/2023The Cove Building 33 beds · Apartment1,869 sq ft⃃ 4,000,000Resale · Ready
05/01/2023The Cove Building 32 beds · Apartment1,306 sq ft⃃ 2,000,000Resale · Ready
02/06/2023The Cove Building 31 bed · Apartment770 sq ft⃃ 1,470,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
03/07/2023The Cove Building 33 beds · Apartment1,871 sq ft⃃ 4,500,000Resale · Ready
02/06/2023The Cove Building 31 bed · Apartment770 sq ft⃃ 1,470,000Resale · Ready
17/05/2023The Cove Building 33 beds · Apartment1,741 sq ft⃃ 4,300,888Resale · Ready
18/04/2023The Cove Building 33 beds · Apartment1,869 sq ft⃃ 4,000,000Resale · Ready
05/01/2023The Cove Building 32 beds · Apartment1,306 sq ft⃃ 2,000,000Resale · 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 2023 with the whole of 2022.
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-3/2023
The Cove Building 3 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-cove-building-3/2023

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 3 in 2023?
5 property sales worth ⃃ 16,270,888 were registered in The Cove Building 3 in 2023. That is 28.6% lower than 2022.
What was the median property price in The Cove Building 3 in 2023?
The median sale price was ⃃ 4,000,000 and the median price per square foot ⃃ 2,140 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-cove-building-3/2023