516, Cove Edition Residence 3
Sold prices and rental history: sold once, by the developer in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Cove Edition Residence 3
What is 516 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 420 sqft
- Floor
- 5th of 13
- Parking
- 1
- Last sold
- AED 633K · March 2025
- Building
- Cove Edition Residence 3
About 516, Cove Edition Residence 3
516 is a studio of 420 sqft on the 5th floor of Cove Edition Residence 3, a 13-storey tower in Dubailand Residence Complex. The developer sold it on 11 March 2025 for AED 632,535, or AED 1,507 per sqft, in line with the AED 1,516 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Studios in Cove Edition Residence 3, and where 516 sits
All 128 studios →516 last sold in March 2025 at AED 1,507 per sqft, in line with what studios in Cove Edition Residence 3 were fetching at the time (AED 1,516). Over the last 12 months studios sold for AED 663,853, around AED 1,596 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202527 July 2025 | 427 sqft | 596,606 | 1,397 | ||
| 23 Jul 202523 July 2025 | 427 sqft | 679,418 | 1,591 | ||
| 20 Jul 202520 July 2025 | 427 sqft | 616,561 | 1,443 | ||
| 4 Jun 20254 June 2025 | 413 sqft | 604,617 | 1,462 |
Cove Edition Residence 3
Building236 apartments, studios to 2-bed over 13 floors in Dubailand Residence Complex. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,360
- Typical sale
- AED 1.08M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 236 units in Cove Edition Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 868 sqft | AED 1.07MAED 1,073,964 · Feb 2025February 2025 | ||
| 502 | 1-bed | 841 sqft | AED 980KAED 979,695 · Feb 2025February 2025 | ||
| 503 | 1-bed | 843 sqft | AED 982KAED 981,900 · Feb 2025February 2025 | ||
| 504 | 1-bed | 954 sqft | AED 1.11MAED 1,112,193 · Apr 2025April 2025 | ||
| 505 | 2-bed | 1,327 sqft | AED 1.36MAED 1,362,115 · Apr 2025April 2025 | ||
| 506 | Studio | 417 sqft | AED 633KAED 632,609 · Apr 2025April 2025 | ||
| 507 | Studio | 415 sqft | AED 630KAED 630,457 · Feb 2025February 2025 | ||
| 508 | Studio | 413 sqft | AED 628KAED 627,534 · Apr 2025April 2025 | ||
| 509 | Studio | 418 sqft | AED 688KAED 688,455 · Apr 2025April 2025 | ||
| 510 | Studio | 415 sqft | AED 651KAED 651,015 · Feb 2025February 2025 | ||
| 511 | Studio | 415 sqft | AED 629KAED 629,072 · Feb 2025February 2025 | ||
| 512 | Studio | 416 sqft | AED 583KAED 582,913 · May 2025May 2025 | ||
| 513 | 1-bed | 842 sqft | AED 932KAED 931,789 · Feb 2025February 2025 | ||
| 514 | 1-bed | 818 sqft | AED 1.03MAED 1,030,526 · Feb 2025February 2025 | ||
| 515 | Studio | 421 sqft | AED 650KAED 650,368 · Apr 2025April 2025 | ||
| 517 | 427 sqft | AED 631KAED 630,962 · Sep 2025September 2025 | |||
| 518 | 427 sqft | AED 631KAED 630,962 · Sep 2025September 2025 | |||
| 520 | Studio | 383 sqft | AED 665KAED 665,457 · Apr 2025April 2025 |
516, Cove Edition Residence 3 in numbers
- Sold once: by the developer on 11 March 2025 for AED 632,535, or AED 1,507 per sqft.
- Studios in Cove Edition Residence 3 sold for AED 663,853–663,853 in the 12 months to November 2026; the building's median across all types is AED 1,360 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 11 March 2025.
Questions about 516, Cove Edition Residence 3
What did unit 516 last sell for?
AED 632,535 on 11 March 2025, sold by the developer: AED 1,507 per sqft for 420 sqft. It is the only registered sale of the unit.
How big is unit 516?
420 sqft (39.0 sqm): a studio on the 5th floor of a 13-storey tower.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Cove Edition Residence 3 sold for AED 663,853 to 663,853 in the last 12 months, around AED 1,596 per sqft.
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Mortgage on 516, Cove Edition Residence 3
Starts from the last sale price (AED 633K, 11 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 632,535
- Deposit, UAE resident (20%)
- AED 126,507
- Deposit, non-resident (40%)
- AED 253,014
- Monthly over 25 years at 3.7%
- AED 2,588
Plus AED 31,576 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →