The Cove

1. Is it on schedule?Recorded complete in November 2021, on its registered date to the day: the register often stamps one onto the other · DLD project register, Jul 2026100%Context
2. Is my money protected?The register named the escrow agent: بنك المشرق (شركة مساهمة عامة)EscrowContext
3. Is the price fair?No off-plan sale registered in 12 months to price it onNo record
4. Is it selling?No off-plan sale registered in 12 months; the last in November 20210Context
5. Who is building it?The Lagoons Phase One, licence no. 1038Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Developer, as licensed

THE LAGOONS PHASE ONE L.L.C (no. 1038)

Master developer

The Lagoons Phase 1

Registered start

January 2017

Configuration

PROPOSED 3 RESIDENTIAL BUILDING WITH PROMENADE RETAIL AS FOLLOWS BUILDING1: 2B+G+21 (137 units) BUILDING 2: 2B+G+9 (89 units) BUILDING 3: 2B+G+6 (50 units) ON PLOT NO. 132 (415-8724) AL KHAIRAN FIRST, DUBAI. BUILDING CONSIST OF CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will The Cove be completed?

The register records The Cove complete in November 2021. Dubai Land Department project register as of July 2026.

Is The Cove in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of The Cove?

THE LAGOONS PHASE ONE L.L.C, licence no. 1038, by the register’s own licence number; the master developer that owns the land is The Lagoons Phase 1. Dubai Land Department project register as of July 2026.

How many units does The Cove have?

280 registered units, of which 280 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.