Distress Deal | 3-Bedroom + Maid | The Cove Building 9, Dubai Creek Harbour

Cash-Only Distress — 3BR + Maid in The Cove Building 9, Dubai Creek Harbour at AED 3,600,000

This is a genuinely motivated distress listing in one of Emaar’s most sought-after waterfront residential addresses in Dubai Creek Harbour. A 3-bedroom plus maid’s room apartment in The Cove Building 9 is now available at AED 3,600,000 — below the original purchase price of AED 3,700,000, with the seller having also paid 4% Dubai Land Department fees in March 2023, bringing their total acquisition cost to approximately AED 3,848,000. The seller is exiting at a real loss of approximately AED 248,000 on price alone, and absorbing the full AED 148,000 DLD cost on top. This is a cash-only opportunity: the buyer pays AED 2,900,000 to the seller and AED 700,000 directly to Emaar as the outstanding construction installment. Handover is scheduled for Q2 2026. Serious cash buyers only.

Property Highlights

• Property Type: Apartment
• Project: The Cove Building 9, Dubai Creek Harbour
• Developer: Emaar Properties
• Layout: 3 Bedrooms + Maid’s Room
• Size: 1,570 sq ft
• Asking Price: AED 3,600,000 — Cash Only
• Original Purchase Price: AED 3,700,000 (March 2023)
• DLD Paid by Seller: 4% — approximately AED 148,000
• Seller Total Acquisition Cost: approximately AED 3,848,000
• Seller’s Real Loss: approximately AED 248,000 on price + AED 148,000 DLD
• Payment to Seller: AED 2,900,000
• Payment to Emaar: AED 700,000 (outstanding balance)
• Status: Off-Plan — Distress Property — Cash Only
• Handover: Q2 2026
• Ownership: Freehold — All Nationalities

About The Cove, Dubai Creek Harbour

The Cove is a premium residential collection within Dubai Creek Harbour, Emaar’s landmark 6-square-kilometre integrated waterfront city on the banks of the historic Dubai Creek. Designed to offer a refined urban living experience with direct proximity to Creek Beach and the community’s waterfront promenade, The Cove is one of the more established and sought-after sub-communities within the broader Dubai Creek Harbour masterplan. Building 9 is part of this collection, offering generous layouts, high-quality Emaar finishes, and access to the full breadth of the Creek Harbour lifestyle ecosystem.

Community and Lifestyle

• Part of Dubai Creek Harbour — Emaar’s 6 sq km flagship waterfront city
• The Cove is one of the most established residential sub-communities within the masterplan
• Walking distance to Creek Beach — a curated 700-metre urban beach destination
• Adjacent to Island Park, one of Dubai’s largest community parks at over 68,000 sq m
• Minutes from Creek Marina, Creek Promenade, and Dubai Creek Harbour Retail District
• Overlooking the site of Creek Tower — designed to surpass Burj Khalifa in height
• Ras Al Khor Wildlife Sanctuary — UNESCO-recognised flamingo reserve — within 5 minutes
• Family-friendly community with strong appeal to professionals, families, and long-term residents

Amenities

• Infinity Swimming Pool with Community and Waterfront Views
• Fully Equipped Gymnasium
• Creek Beach Access — Urban Beach Destination Within the Community
• Children’s Play Areas and Kids Pool
• Landscaped Podium Gardens and Outdoor Terraces
• Covered Residents’ Parking
• 24/7 Security and CCTV Monitoring
• Concierge and Building Management Services
• Retail and Dining Within the Building and Across the Wider Community
• High-Speed Elevators and Smart Building Features
• Dedicated Maid’s Room — Additional Utility Space Within the Unit

Layout and Floor Plan

This apartment spans 1,570 sq ft and offers a 3-bedroom plus maid’s room layout — a configuration that is increasingly rare and highly valued in Dubai’s apartment market, providing flexibility for families, live-in household staff, or the conversion of the maid’s room into a home office or storage space. The layout is expected to feature three bedrooms, a maid’s room with an ensuite bathroom, an open-plan kitchen and dining area, a spacious living room, and a balcony. Exact floor level, view orientation, bathroom count, and detailed internal configuration for this unit in The Cove Building 9, Dubai Creek Harbour are available on request from the listing agent.

Payment and Handover

This is a cash-only distress resale. The transaction is structured across two payees — a feature that requires a cash buyer capable of managing the split payment process without mortgage financing.

• AED 2,900,000 payable directly to the seller
• AED 700,000 payable directly to Emaar as the outstanding construction installment
• Total Purchase Price: AED 3,600,000

The seller originally purchased this unit in March 2023 at AED 3,700,000 and paid 4% DLD fees — approximately AED 148,000 — at that time. The seller’s total acquisition cost was approximately AED 3,848,000. By offering the unit at AED 3,600,000, the seller is absorbing a direct loss of approximately AED 248,000 on the price, plus the full AED 148,000 DLD — a combined real loss of approximately AED 396,000. Handover is scheduled for Q2 2026. No mortgage financing is available for this transaction. Dubai Land Department fees, NOC, and any administrative transfer costs applicable to the incoming buyer are to be confirmed at the time of transaction.

Location and Connectivity

• Dubai International Airport (DXB): approximately 10 minutes by car
• Downtown Dubai and Burj Khalifa: approximately 10–15 minutes by car
• Dubai Mall: approximately 10–15 minutes by car
• DIFC (Dubai International Financial Centre): approximately 15 minutes by car
• Ras Al Khor Wildlife Sanctuary: approximately 5 minutes by car
• Business Bay: approximately 15 minutes by car
• Dubai Festival City Mall: approximately 10 minutes by car
• Ras Al Khor Road and Al Khail Road: direct road access

Why Invest in The Cove Building 9, Dubai Creek Harbour

• Seller’s real total loss is approximately AED 396,000 — a genuinely distressed exit for a serious cash buyer
• 3-bedroom plus maid’s room layout — a scarce and premium configuration in Dubai’s apartment market
• Emaar-developed waterfront community with strong long-term capital appreciation credentials
• Handover Q2 2026 — close to completion with limited remaining construction period
• AED 700,000 payable to Emaar on a structured schedule — minimises full upfront capital for buyer
• Dubai Creek Harbour is one of the UAE’s most ambitious and sustained urban waterfront investments
• Proximity to DXB Airport, Downtown Dubai, and DIFC supports consistent rental and resale demand
• Freehold ownership available to all nationalities with potential UAE investor visa eligibility
• Creek Tower site and ongoing community development continue to underpin long-term community value

Frequently Asked Questions (FAQs)