1202, The Cove Building 1
Sold prices and rental history: sold once, by the developer in May 2022, 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 1202, The Cove Building 1
What is 1202 worth today?
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Source: Dubai Land Department. Updated 6 February 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,840 sqft
- Floor
- 12th of 21
- Parking
- B2-149, B2-150
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 40,500 /yr
- Last sold
- AED 4.3M · May 2022
- Building
- The Cove Building 1
About 1202, The Cove Building 1
1202 is a three-bedroom apartment of 1,840 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 26 May 2022 for AED 4,297,888, or AED 2,335 per sqft, in line with the AED 2,278 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 6 February 2026, is AED 260,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 40,500 a year.
Sales and rents for 1202 over time
1202 has sold once; 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 1202 sits
All 39 3-beds →1202 last sold in May 2022 at AED 2,335 per sqft, in line with what three-beds in The Cove Building 1 were fetching at the time (AED 2,278). 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. 1202's AED 260,000 is in the lower half 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 12th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 826 sqft | AED 1.49MAED 1,490,888 · Jul 2018July 2018 | 208,877 /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 |
1202, The Cove Building 1 in numbers
- Sold once: by Emaar on 26 May 2022 for AED 4,297,888, or AED 2,335 per sqft.
- Rented since October 2022 on 6 Ejari contracts, from AED 180,000 to AED 260,000 a year.
- At AED 260,000 a year the gross yield on the 2022 price is 6.0%, 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 6 February 2026.
Questions about 1202, The Cove Building 1
What did unit 1202 last sell for?
AED 4,297,888 on 26 May 2022, sold by the developer: AED 2,335 per sqft for 1,840 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 260,000 a year on the contract signed on 6 February 2026. The previous contract, from October 2025, was AED 288,750; the unit has been rented since October 2022.
How big is unit 1202?
1,840 sqft (170.9 sqm): a three-bedroom apartment on the 12th floor of a 21-storey tower completed in 2021.
What is unit 1202 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 1202, The Cove Building 1
Starts from the last sale price (AED 4.3M, 26 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,297,888
- Deposit, UAE resident (20%)
- AED 859,578
- Deposit, non-resident (40%)
- AED 1,719,155
- Monthly over 25 years at 3.7%
- AED 17,584
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →