About COVE EDITION RESIDENCE 5 by Imtiaz
COVE EDITION RESIDENCE 5 by Imtiaz is a residential building by Imtiaz Developments, in Wadi Al Safa 5, Dubai. It rises 12 storeys (2 basement levels, a ground floor and 11 floors), built as a concrete structure with internal and external finishes. The project comprises 198 homes.
Key information
Developer
Imtiaz Developments
- Expected handover
- TBC
- Status
- Under construction
- Location
- Wadi Al Safa 5, Dubai
- Master project
- Dubai Land Residence Complex
- Construction started
- 2025
- Number of buildings
- 1
- Number of units
- 198
- Registered with DLD
- 22 May 2025
- Escrow bank
- First Abu Dhabi Bank
- Escrow account no.
- 001640253507001
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction26% complete
- Expected handoverTBC
Construction progress
36 inspection photos from the Dubai Land Department. Latest 18 Aug 2026 at 26% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
2 Elevators
15 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
197
Median price
AED 690K
Median price / sqft
AED 2K+9%
Off-plan share
100%
Priced 55% above than the Wadi Al Safa 5 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 132 | 398 sqft | AED 679K | AED 2K |
| 1 Bed | 54 | 847 sqft | AED 1.1M | AED 1K |
| 2 Bed | 11 | 1,307 sqft | AED 1.5M | AED 1K |
Price per sqft by year
+9% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 25 Aug 2026 | Off-plan | 391 sqft | AED 742K | AED 2K |
| 06 Jul 2026 | Off-plan | 770 sqft | AED 1.0M | AED 1K |
| 05 Jun 2026 | Off-plan | 372 sqft | AED 642K | AED 2K |
| 05 Jun 2026 | Off-plan | 391 sqft | AED 745K | AED 2K |
| 14 May 2026 | Off-plan | 407 sqft | AED 683K | AED 2K |
| 05 May 2026 | Off-plan | 390 sqft | AED 743K | AED 2K |
| 05 May 2026 | Off-plan | 1,085 sqft | AED 1.2M | AED 1K |
| 02 Mar 2026 | Off-plan | 391 sqft | AED 679K | AED 2K |
Unit mix
198 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 132 | - |
| 1 B/R | 55 | - |
| 2 B/R | 11 | - |
Payment plan
Payment plans are set by Imtiaz Developments and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Wadi Al Safa 5, Dubai.
Wadi Al Safa 5
Dubai, United Arab Emirates
Frequently asked questions
COVE EDITION RESIDENCE 5 by Imtiaz has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 26% complete.
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