2-bed · 1,343 sqftThe Cove Building 1, Dubai Creek Harbour · 12th floor · completed 2021

1207, The Cove Building 1

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 2.21M30 October 2018
Current rentAED 170K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, The Cove Building 1

What is 1207 worth today?

Last sold for AED 2,208,888 in 2018

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25 Oct 2025RentedNew contract
AED 170,000/yr12 months · AED 126 per sqft
10 Aug 2025RentedNew contract
AED 165,000/yr12 months · AED 123 per sqft
15 Jun 2024RentedRenewal
AED 140,000/yr12 months · AED 105 per sqft
15 Jun 2023RentedRenewal
AED 120,000/yr12 months · AED 90 per sqft
15 Jun 2022RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
30 Oct 2018Sold by developerOff-plan
AED 2,208,888AED 1,644 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
2-bed apartment
Size
1,343 sqft
Floor
12th of 21
Parking
B1-82
Developer
Emaar
Completed
2021
Service charge
AED 29,500 /yr
Last sold
AED 2.21M · October 2018

About 1207, The Cove Building 1

1207 is a two-bedroom apartment of 1,343 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 30 October 2018 for AED 2,208,888, or AED 1,644 per sqft, 7% below the AED 1,775 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 25 October 2025, is AED 170,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 29,500 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical two-bed in The Cove Building 1
2.5M3M2017202020232026Typical 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, October 2018: AED 2,208,888 (AED 1,644 per sqft)

1207 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1207, each contractTypical two-bed in The Cove Building 1
125K150K175K202220242026Typical rent by year: 2022 AED 118,750; 2023 AED 125,000; 2024 AED 140,000; 2025 AED 160,000; 2026 AED 150,000New contract, June 2022: AED 120,000 a yearRenewal, June 2023: AED 120,000 a yearRenewal, June 2024: AED 140,000 a yearNew contract, August 2025: AED 165,000 a yearNew contract, October 2025: AED 170,000 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 1207 sits

All 55 2-beds →

1207 last sold in October 2018 at AED 1,644 per sqft, 7% below what two-beds in The Cove Building 1 were fetching at the time (AED 1,775). 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. 1207's AED 170,000 is in the upper half 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 12th floor

All 136 units in The Cove Building 1
Value
12011-bedAED 1.49M · Jul 2018
12023-bedAED 4.3M · May 2022
12033-bedAED 3.78M · Oct 2021
12041-bedAED 1.46M · Nov 2018
12052-bedAED 2.44M · Dec 2017
12062-bedAED 2.97M · Jun 2025

1207, The Cove Building 1 in numbers

  • Sold once: by Emaar on 30 October 2018 for AED 2,208,888, or AED 1,644 per sqft.
  • Rented since June 2022 on 5 Ejari contracts, from AED 120,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2018 price is 7.7%, before a service charge of about AED 29,500 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 25 October 2025.

Questions about 1207, The Cove Building 1

What did unit 1207 last sell for?

AED 2,208,888 on 30 October 2018, sold by the developer: AED 1,644 per sqft for 1,343 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207?

AED 170,000 a year on the contract signed on 25 October 2025. The previous contract, from August 2025, was AED 165,000; the unit has been rented since June 2022.

How big is unit 1207?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2021.

What is unit 1207 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 1207, The Cove Building 1

Starts from the last sale price (AED 2.21M, 30 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,208,888
Deposit, UAE resident (20%)
AED 441,778
Deposit, non-resident (40%)
AED 883,555
Monthly over 25 years at 3.7%
AED 9,037

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