1002, The Cove Building 1
Sold prices and rental history: sold twice, last in August 2024, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, The Cove Building 1
What is 1002 worth today?
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Source: Dubai Land Department. Updated 19 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,841 sqft
- Floor
- 10th of 21
- Parking
- B2-124, B2-125
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 40,500 /yr
- Last sold
- AED 3.8M · August 2024
- Building
- The Cove Building 1
About 1002, The Cove Building 1
1002 is a three-bedroom apartment of 1,841 sqft on the 10th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 19 August 2024 for AED 3,800,000, or AED 2,063 per sqft, 12% below the AED 2,336 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 September 2022. The current contract, signed on 14 September 2022, is AED 170,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 40,500 a year.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Cove Building 1, and where 1002 sits
All 39 3-beds →1002 last sold in August 2024 at AED 2,063 per sqft, 12% below what three-beds in The Cove Building 1 were fetching at the time (AED 2,336). Over the last 12 months three-beds sold for AED 3,700,000 to 4,700,000, around AED 2,282 per sqft, and rent for AED 220,000 to 400,000 a year. 1002's AED 170,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,840 sqft | 4,700,000 | 2,554 | ||
| 18 Dec 202518 December 2025 | 1,840 sqft | 3,700,000 | 2,010 | ||
| 8 Nov 20258 November 2025 | 1,839 sqft | 4,500,000 | 2,446 | ||
| 25 Jul 202525 July 2025 | 1,840 sqft | 4,800,000 | 2,608 |
The Cove Building 1
Building136 apartments, 1-bed to 4-bed over 21 floors in Dubai Creek Harbour, completed in 2021 by Emaar. 16 sold in the last 12 months.
- Typical price per sqft
- AED 2,356 Up 1.3%
- Typical sale
- AED 3.13M
- Typical rent
- AED 133K /yr
- Typical yield
- 5.6%
Other units on the 10th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 726 sqft | AED 1.26MAED 1,259,888 · Jan 2018January 2018 | 110,000 /yr | |
| 1003 | 3-bed | 1,840 sqft | AED 3.44MAED 3,444,888 · Feb 2018February 2018 | 230,000 /yr | |
| 1004 | 1-bed | 735 sqft | AED 1.3MAED 1,300,399 · Nov 2017November 2017 | 90,000 /yr | |
| 1005 | 2-bed | 1,283 sqft | AED 2.54MAED 2,535,888 · Apr 2019April 2019 | 132,300 /yr | |
| 1006 | 2-bed | 1,340 sqft | AED 2.65MAED 2,650,000 · Jun 2026June 2026 | 160,000 /yr | |
| 1007 | 2-bed | 1,344 sqft | AED 2.85MAED 2,850,000 · Feb 2025February 2025 | 180,000 /yr |
1002, The Cove Building 1 in numbers
- Sold twice: first on 18 October 2018 for AED 3,431,888, last on 19 August 2024 for AED 3,800,000 (AED 2,063 per sqft).
- Rented since September 2022 on one Ejari contract, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 40,500 a year (AED 22.00 per sqft).
- Three-beds in The Cove Building 1 sold for AED 3,700,000–4,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,356 per sqft.
Source: Dubai Land Department. Updated 19 August 2024.
Questions about 1002, The Cove Building 1
What did unit 1002 last sell for?
AED 3,800,000 on 19 August 2024: AED 2,063 per sqft for 1,841 sqft. The unit has 2 registered sales; the first was AED 3,431,888 in October 2018.
What is the rent for unit 1002?
AED 170,000 a year on the contract signed on 14 September 2022.
How big is unit 1002?
1,841 sqft (171.0 sqm): a three-bedroom apartment on the 10th floor of a 21-storey tower completed in 2021.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Cove Building 1 sold for AED 3,700,000 to 4,700,000 in the last 12 months, around AED 2,282 per sqft.
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Mortgage on 1002, The Cove Building 1
Starts from the last sale price (AED 3.8M, 19 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →