1402, The Cove Building 1
Sold prices and rental history: sold twice, last in February 2023, 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 1402, The Cove Building 1
What is 1402 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,840 sqft
- Floor
- 14th of 21
- Parking
- B2-143, B2-144
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 40,500 /yr
- Last sold
- AED 3.5M · February 2023
- Building
- The Cove Building 1
About 1402, The Cove Building 1
1402 is a three-bedroom apartment of 1,840 sqft on the 14th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 24 February 2023 for AED 3,500,000, or AED 1,901 per sqft, 17% below the AED 2,287 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 25 January 2026, is AED 250,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 40,500 a year.
Sales and rents for 1402 over time
1402 has sold twice; 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 1402 sits
All 39 3-beds →1402 last sold in February 2023 at AED 1,901 per sqft, 17% below what three-beds in The Cove Building 1 were fetching at the time (AED 2,287). 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. 1402's AED 250,000 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 14th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 826 sqft | AED 2MAED 2,000,000 · Feb 2026February 2026 | ||
| 1403 | 3-bed | 1,839 sqft | AED 4MAED 4,000,000 · Jun 2023June 2023 | ||
| 1404 | 1-bed | 745 sqft | AED 2.05MAED 2,050,000 · Sep 2025September 2025 | 84,700 /yr | |
| 1405 | 2-bed | 1,283 sqft | AED 1.4MAED 1,400,000 · Jun 2021June 2021 | ||
| 1406 | 2-bed | 1,339 sqft | AED 2.35MAED 2,350,000 · Nov 2021November 2021 | 170,000 /yr | |
| 1407 | 2-bed | 1,343 sqft | AED 2.8MAED 2,800,000 · Nov 2022November 2022 | 130,000 /yr |
1402, The Cove Building 1 in numbers
- Sold twice: first on 2 September 2022 for AED 4,185,888, last on 24 February 2023 for AED 3,500,000 (AED 1,901 per sqft).
- Rented since September 2022 on 4 Ejari contracts, from AED 170,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2023 price is 7.1%, 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 25 January 2026.
Questions about 1402, The Cove Building 1
What did unit 1402 last sell for?
AED 3,500,000 on 24 February 2023: AED 1,901 per sqft for 1,840 sqft. The unit has 2 registered sales; the first was AED 4,185,888 in September 2022.
What is the rent for unit 1402?
AED 250,000 a year on the contract signed on 25 January 2026. The previous contract, from September 2024, was AED 200,000; the unit has been rented since September 2022.
How big is unit 1402?
1,840 sqft (170.9 sqm): a three-bedroom apartment on the 14th floor of a 21-storey tower completed in 2021.
What is unit 1402 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 1402, The Cove Building 1
Starts from the last sale price (AED 3.5M, 24 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →