2-bed · 1,339 sqftThe Cove Building 1, Dubai Creek Harbour · 14th floor · completed 2021

1406, The Cove Building 1

Sold prices and rental history: sold twice, last in November 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 2.35M30 November 2021
Current rentAED 170K /yr12 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, The Cove Building 1

What is 1406 worth today?

Last sold for AED 2,350,000 in 2021

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12 May 2025RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
12 May 2025RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
30 Nov 2021SoldReady
AED 2,350,000AED 1,755 per sqft
19 Nov 2017Sold by developerOff-plan
AED 2,376,888AED 1,775 per sqft

Source: Dubai Land Department. Updated 12 May 2025.

Key facts

Type
2-bed apartment
Size
1,339 sqft
Floor
14th of 21
Parking
B2-148
Developer
Emaar
Completed
2021
Service charge
AED 29,400 /yr
Last sold
AED 2.35M · November 2021

About 1406, The Cove Building 1

1406 is a two-bedroom apartment of 1,339 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 30 November 2021 for AED 2,350,000, or AED 1,755 per sqft, 5% below the AED 1,855 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 12 May 2025, is AED 170,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 29,400 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, November 2017: AED 2,376,888 (AED 1,775 per sqft)Sold, November 2021: AED 2,350,000 (AED 1,755 per sqft)

1406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, 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, May 2025: AED 170,000 a yearNew contract, May 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 1406 sits

All 55 2-beds →

1406 last sold in November 2021 at AED 1,755 per sqft, 5% below what two-beds in The Cove Building 1 were fetching at the time (AED 1,855). 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. 1406'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 14th floor

All 136 units in The Cove Building 1
Value
14011-bedAED 2M · Feb 2026
14023-bedAED 3.5M · Feb 2023
14033-bedAED 4M · Jun 2023
14041-bedAED 2.05M · Sep 2025
14052-bedAED 1.4M · Jun 2021
14072-bedAED 2.8M · Nov 2022

1406, The Cove Building 1 in numbers

  • Sold twice: first on 19 November 2017 for AED 2,376,888, last on 30 November 2021 for AED 2,350,000 (AED 1,755 per sqft).
  • Rented since May 2025 on 2 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 7.2%, 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 12 May 2025.

Questions about 1406, The Cove Building 1

What did unit 1406 last sell for?

AED 2,350,000 on 30 November 2021: AED 1,755 per sqft for 1,339 sqft. The unit has 2 registered sales; the first was AED 2,376,888 in November 2017.

What is the rent for unit 1406?

AED 170,000 a year on the contract signed on 12 May 2025. The previous contract, from May 2025, was AED 170,000.

How big is unit 1406?

1,339 sqft (124.4 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2021.

What is unit 1406 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 1406, The Cove Building 1

Starts from the last sale price (AED 2.35M, 30 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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