Studio Apartment at Cove Edition by Imtiaz, Dubailand — At OP with DLD Covered

Property Overview

This is a studio apartment at Cove Edition by Imtiaz Developments in Dubailand. The 401 sqft unit is offered at AED 638,000 — the same figure as the original price — on an 'OP + DLD' basis, meaning it is priced at the original price with the DLD transfer fee covered rather than at a discount below it. Handover is stated within about two months and the price is negotiable.

Property Highlights

• Type: Studio apartment
• Size: 401 sqft
• Asking price: AED 638,000 (negotiable, agent-stated)
• Original purchase price (seller-stated): AED 638,000 (asking price equals OP)
• Discount vs. OP: none — priced at the original price with the DLD transfer fee covered
• Rate: AED 1,591 per sqft
• Handover: within about two months (agent-stated)
• Developer: Imtiaz Developments
• Community: Dubailand

Deal Basis

The asking price of AED 638,000 equals the seller-stated original purchase price of AED 638,000, so there is no below-original-price discount; the incentive is the seller covering the DLD transfer fee (the 'OP + DLD' basis). At 401 sqft the asking price is AED 1,591 per square foot. No DLD amount, dated market comparison or DLD transaction record was supplied, and the DLD coverage should be confirmed in writing.

About the Project, Developer and Community

Cove Edition is an off-plan residential development by Imtiaz Developments in Dubailand (the Dubailand Residence Complex), a mid-market community with parks and retail, connected via Sheikh Mohammed Bin Zayed Road and Al Ain Road. The unit is stated to be handing over within about two months; buyers should confirm the completion and handover date with the developer. Project specifications should be confirmed against Imtiaz's official documentation.

Layout and Handover

The agent describes a 401 sqft studio with handover within about two months. Exact floor level, layout, bathroom, parking, view and furnishing should be confirmed on the floor plan and in the Sale and Purchase Agreement, along with the DLD coverage and any outstanding balance.

Verification Notes

• Agent-supplied facts: studio type, size (401 sqft), asking price (AED 638,000, negotiable), original purchase price (AED 638,000), an 'OP + DLD' basis, and handover within about two months.
• DPF-calculated figure: price per square foot (AED 1,591). No savings percentage is stated because the asking price equals the original purchase price.
• Deal type: priced at OP with DLD covered — mapped to 'OP + DLD Covered'. There is no below-OP discount; the stated benefit is DLD coverage, which should be confirmed in writing.
• External project research: Cove Edition is confirmed as an off-plan Imtiaz development in Dubailand (it has phases Cove Edition 1–6; confirm which). Unit-specific facts were not independently verified.