1206, The Cove Building 1
Sold prices and rental history: sold twice, last in June 2025, 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 1206, The Cove Building 1
What is 1206 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 12th of 21
- Parking
- B2-129
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 29,400 /yr
- Last sold
- AED 2.97M · June 2025
- Building
- The Cove Building 1
About 1206, The Cove Building 1
1206 is a two-bedroom apartment of 1,339 sqft on the 12th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 18 June 2025 for AED 2,970,000, or AED 2,218 per sqft, in line with the AED 2,211 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 15 November 2025, is AED 180,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 29,400 a year.
Sales and rents for 1206 over time
1206 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1206 sits
All 55 2-beds →1206 last sold in June 2025 at AED 2,218 per sqft, in line with what two-beds in The Cove Building 1 were fetching at the time (AED 2,211). 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. 1206's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 202613 October 2026 | 1,343 sqft | 3,200,000 | 2,382 | ||
| 11 Sep 202611 September 2026 | 1,283 sqft | 2,750,000 | 2,144 | ||
| 9 Sep 20269 September 2026 | 1,339 sqft | 3,300,000 | 2,465 | ||
| 3 Aug 20263 August 2026 | 1,339 sqft | 2,750,000 | 2,054 |
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 | |
| 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 | |
| 1207 | 2-bed | 1,343 sqft | AED 2.21MAED 2,208,888 · Oct 2018October 2018 | 170,000 /yr |
1206, The Cove Building 1 in numbers
- Sold twice: first on 18 May 2021 for AED 2,675,888, last on 18 June 2025 for AED 2,970,000 (AED 2,218 per sqft).
- Rented since March 2022 on 5 Ejari contracts, from AED 125,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 29,400 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 15 November 2025.
Questions about 1206, The Cove Building 1
What did unit 1206 last sell for?
AED 2,970,000 on 18 June 2025: AED 2,218 per sqft for 1,339 sqft. The unit has 2 registered sales; the first was AED 2,675,888 in May 2021.
What is the rent for unit 1206?
AED 180,000 a year on the contract signed on 15 November 2025. The previous contract, from November 2024, was AED 180,000; the unit has been rented since March 2022.
How big is unit 1206?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2021.
What is unit 1206 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 1206, The Cove Building 1
Starts from the last sale price (AED 2.97M, 18 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,970,000
- Deposit, UAE resident (20%)
- AED 594,000
- Deposit, non-resident (40%)
- AED 1,188,000
- Monthly over 25 years at 3.7%
- AED 12,151
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →