1201, The Cove Building 1
Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, The Cove Building 1
What is 1201 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 12th of 21
- Parking
- B1-69
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.49M · July 2018
- Building
- The Cove Building 1
About 1201, The Cove Building 1
1201 is a one-bedroom apartment of 826 sqft on the 12th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 1 July 2018 for AED 1,490,888, or AED 1,804 per sqft, in line with the AED 1,821 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 208,877 a year: a gross yield of 14.0% on the 2018 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1201 over time
1201 has sold once; the dashed line is the one-bed median of each year in the building.
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 1201 sits
All 38 1-beds →1201 last sold in July 2018 at AED 1,804 per sqft, in line with what one-beds in The Cove Building 1 were fetching at the time (AED 1,821). 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. 1201's AED 208,877 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 826 sqft | 2,000,000 | 2,420 | ||
| 10 Dec 202510 December 2025 | 826 sqft | 1,500,000 | 1,815 | ||
| 17 Nov 202517 November 2025 | 826 sqft | 1,925,000 | 2,330 | ||
| 11 Sep 202511 September 2025 | 745 sqft | 2,050,000 | 2,751 |
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 12th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 3-bed | 1,840 sqft | AED 4.3MAED 4,297,888 · May 2022May 2022 | 260,000 /yr | |
| 1203 | 3-bed | 1,839 sqft | AED 3.78MAED 3,778,452 · Oct 2021October 2021 | 265,000 /yr | |
| 1204 | 1-bed | 735 sqft | AED 1.46MAED 1,460,888 · Nov 2018November 2018 | 80,000 /yr | |
| 1205 | 2-bed | 1,283 sqft | AED 2.44MAED 2,437,888 · Dec 2017December 2017 | 157,000 /yr | |
| 1206 | 2-bed | 1,339 sqft | AED 2.97MAED 2,970,000 · Jun 2025June 2025 | 180,000 /yr | |
| 1207 | 2-bed | 1,343 sqft | AED 2.21MAED 2,208,888 · Oct 2018October 2018 | 170,000 /yr |
1201, The Cove Building 1 in numbers
- Sold once: by Emaar on 1 July 2018 for AED 1,490,888, or AED 1,804 per sqft.
- Rented since August 2022 on 5 Ejari contracts, from AED 62,000 to AED 208,877 a year.
- At AED 208,877 a year the gross yield on the 2018 price is 14.0%, before a service charge of about AED 18,200 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 20 September 2026.
Questions about 1201, The Cove Building 1
What did unit 1201 last sell for?
AED 1,490,888 on 1 July 2018, sold by the developer: AED 1,804 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 1201?
AED 208,877 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since August 2022.
How big is unit 1201?
826 sqft (76.7 sqm): a one-bedroom apartment on the 12th floor of a 21-storey tower completed in 2021.
What is unit 1201 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.
Selling 1201? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1201, The Cove Building 1
Starts from the last sale price (AED 1.49M, 1 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,490,888
- Deposit, UAE resident (20%)
- AED 298,178
- Deposit, non-resident (40%)
- AED 596,355
- Monthly over 25 years at 3.7%
- AED 6,100
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →