2-bed · 1,283 sqftThe Cove Building 1, Dubai Creek Harbour · 11th floor · completed 2021

1105, The Cove Building 1

Sold prices and rental history: sold twice, last in May 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 11 May 2023
Last soldAED 2M11 May 2023
Current rentAED 116K /yr21 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, The Cove Building 1

What is 1105 worth today?

Last sold for AED 2,000,000 in 2023

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11 May 2023SoldReady
AED 2,000,000AED 1,559 per sqft
21 Apr 2023RentedRenewal
AED 115,500/yr12 months · AED 90 per sqft
21 Apr 2022RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
18 Jun 2019Sold by developerOff-plan
AED 2,482,888AED 1,935 per sqft

Source: Dubai Land Department. Updated 11 May 2023.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
11th of 21
Parking
B1-182
Developer
Emaar
Completed
2021
Service charge
AED 28,200 /yr
Last sold
AED 2M · May 2023

About 1105, The Cove Building 1

1105 is a two-bedroom apartment of 1,283 sqft on the 11th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 11 May 2023 for AED 2,000,000, or AED 1,559 per sqft, 21% below the AED 1,963 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 21 April 2023, is AED 115,500 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 28,200 a year.

Sales and rents for 1105 over time

Sales
Unit 1105, each saleTypical two-bed in The Cove Building 1
2M3M2017202020232026Typical sale price by year: 2017 AED 2,411,888; 2018 AED 2,341,888; 2019 AED 2,367,888; 2020 AED 2,507,888; 2021 AED 2,623,888; 2022 AED 2,650,000; 2023 AED 2,776,250; 2024 AED 2,965,000; 2025 AED 2,950,000; 2026 AED 3,125,000Sold by developer, June 2019: AED 2,482,888 (AED 1,935 per sqft)Sold, May 2023: AED 2,000,000 (AED 1,559 per sqft)

1105 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1105, each contractTypical two-bed in The Cove Building 1
125K150K202220242026Typical rent by year: 2022 AED 118,750; 2023 AED 125,000; 2024 AED 140,000; 2025 AED 160,000; 2026 AED 150,000New contract, April 2022: AED 110,000 a yearRenewal, April 2023: AED 115,500 a year

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

2-beds in The Cove Building 1, and where 1105 sits

All 55 2-beds →

1105 last sold in May 2023 at AED 1,559 per sqft, 21% below what two-beds in The Cove Building 1 were fetching at the time (AED 1,963). Over the last 12 months two-beds sold for AED 2,650,000 to 4,424,888, around AED 2,330 per sqft, and rent for AED 130,000 to 190,000 a year. 1105's AED 115,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 20263,200,000
11 Sep 20262,750,000
9 Sep 20263,300,000
3 Aug 20262,750,000
10 2-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
11041-bedAED 1.46M · Jan 2020
11062-bedAED 2.65M · Sep 2022
11072-bedAED 3M · Dec 2024

1105, The Cove Building 1 in numbers

  • Sold twice: first on 18 June 2019 for AED 2,482,888, last on 11 May 2023 for AED 2,000,000 (AED 1,559 per sqft).
  • Rented since April 2022 on 2 Ejari contracts, from AED 110,000 to AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 28,200 a year (AED 22.00 per sqft).
  • Two-beds in The Cove Building 1 sold for AED 2,650,000–4,424,888 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 11 May 2023.

Questions about 1105, The Cove Building 1

What did unit 1105 last sell for?

AED 2,000,000 on 11 May 2023: AED 1,559 per sqft for 1,283 sqft. The unit has 2 registered sales; the first was AED 2,482,888 in June 2019.

What is the rent for unit 1105?

AED 115,500 a year on the contract renewed on 21 April 2023. The previous contract, from April 2022, was AED 110,000.

How big is unit 1105?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 11th floor of a 21-storey tower completed in 2021.

What is unit 1105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Cove Building 1 sold for AED 2,650,000 to 4,424,888 in the last 12 months, around AED 2,330 per sqft.

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Mortgage on 1105, The Cove Building 1

Starts from the last sale price (AED 2M, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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