
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.
Property timeline for 1406, The Cove Building 1
What is 1406 worth today?
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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
- Building
- The Cove Building 1
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
1406 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 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 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 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 | ||
| 1402 | 3-bed | 1,840 sqft | AED 3.5MAED 3,500,000 · Feb 2023February 2023 | 250,000 /yr | |
| 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 | ||
| 1407 | 2-bed | 1,343 sqft | AED 2.8MAED 2,800,000 · Nov 2022November 2022 | 130,000 /yr |
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 →