1-bed · 735 sqftThe Cove Building 1, Dubai Creek Harbour · 11th floor · completed 2021

1104, The Cove Building 1

Sold prices and rental history: sold once, by the developer in January 2020, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 1.46M19 January 2020
Current rentAED 80K /yr14 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, The Cove Building 1

What is 1104 worth today?

Last sold for AED 1,457,888 in 2020

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14 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
19 Jan 2020Sold by developerOff-plan
AED 1,457,888AED 1,982 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
11th of 21
Parking
B1-108
Developer
Emaar
Completed
2021
Service charge
AED 16,200 /yr
Last sold
AED 1.46M · January 2020

About 1104, The Cove Building 1

1104 is a one-bedroom apartment of 735 sqft on the 11th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 19 January 2020 for AED 1,457,888, or AED 1,982 per sqft, 4% above the AED 1,912 one-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 80,000 a year: a gross yield of 5.5% on the 2020 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in The Cove Building 1
1.5M1.75M2M2017202020232026Typical sale price by year: 2017 AED 1,468,388; 2018 AED 1,475,888; 2019 AED 1,534,888; 2020 AED 1,556,888; 2022 AED 1,450,000; 2023 AED 1,975,888; 2024 AED 1,670,000; 2025 AED 1,987,500Sold by developer, January 2020: AED 1,457,888 (AED 1,982 per sqft)

1104 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in The Cove Building 1
80K100K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 80,000; 2024 AED 89,000; 2025 AED 95,500; 2026 AED 105,000New contract, September 2022: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Cove Building 1, and where 1104 sits

All 38 1-beds →

1104 last sold in January 2020 at AED 1,982 per sqft, 4% above what one-beds in The Cove Building 1 were fetching at the time (AED 1,912). Over the last 12 months one-beds sold for AED 1,500,000 to 2,000,000, around AED 2,330 per sqft, and rent for AED 76,700 to 208,877 a year. 1104's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20262,000,000
10 Dec 20251,500,000
17 Nov 20251,925,000
11 Sep 20252,050,000
3 1-bed sales in the last 12 months

The Cove Building 1

Building

136 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%
The Cove Building 1, Dubai Creek Harbour: prices, sales and rents →

Other units on the 11th floor

All 136 units in The Cove Building 1
Value
11011-bedAED 1.7M · Oct 2021
11023-bedAED 4.07M · Jan 2022
11033-bedAED 3.48M · Jan 2018
11052-bedAED 2M · May 2023
11062-bedAED 2.65M · Sep 2022
11072-bedAED 3M · Dec 2024

1104, The Cove Building 1 in numbers

  • Sold once: by Emaar on 19 January 2020 for AED 1,457,888, or AED 1,982 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 5.5%, before a service charge of about AED 16,200 a year (AED 22.00 per sqft).
  • One-beds in The Cove Building 1 sold for AED 1,500,000–2,000,000 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 14 September 2022.

Questions about 1104, The Cove Building 1

What did unit 1104 last sell for?

AED 1,457,888 on 19 January 2020, sold by the developer: AED 1,982 per sqft for 735 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 80,000 a year on the contract signed on 14 September 2022.

How big is unit 1104?

735 sqft (68.3 sqm): a one-bedroom apartment on the 11th floor of a 21-storey tower completed in 2021.

What is unit 1104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Cove Building 1 sold for AED 1,500,000 to 2,000,000 in the last 12 months, around AED 2,330 per sqft.

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Mortgage on 1104, The Cove Building 1

Starts from the last sale price (AED 1.46M, 19 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,457,888
Deposit, UAE resident (20%)
AED 291,578
Deposit, non-resident (40%)
AED 583,155
Monthly over 25 years at 3.7%
AED 5,965

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →