2-bed · 1,343 sqftThe Cove Building 1, Dubai Creek Harbour · 14th floor · completed 2021

1407, The Cove Building 1

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 2.8M22 November 2022
Current rentAED 130K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, The Cove Building 1

What is 1407 worth today?

Last sold for AED 2,800,000 in 2022

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20 Dec 2025RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
20 Dec 2024RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
20 Dec 2023RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
20 Dec 2022RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
22 Nov 2022SoldReady
AED 2,800,000AED 2,085 per sqft
9 May 2018Sold by developerOff-plan
AED 2,150,888AED 1,601 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
2-bed apartment
Size
1,343 sqft
Floor
14th of 21
Parking
B1-84
Developer
Emaar
Completed
2021
Service charge
AED 29,500 /yr
Last sold
AED 2.8M · November 2022

About 1407, The Cove Building 1

1407 is a two-bedroom apartment of 1,343 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 22 November 2022 for AED 2,800,000, or AED 2,085 per sqft, in line with the AED 2,035 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 130,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 29,500 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical two-bed in The Cove Building 1
2M2.5M3M2017202020232026Typical 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, May 2018: AED 2,150,888 (AED 1,601 per sqft)Sold, November 2022: AED 2,800,000 (AED 2,085 per sqft)

1407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1407, each contractTypical two-bed in The Cove Building 1
120K140K160K202220242026Typical rent by year: 2022 AED 118,750; 2023 AED 125,000; 2024 AED 140,000; 2025 AED 160,000; 2026 AED 150,000New contract, December 2022: AED 130,000 a yearRenewal, December 2023: AED 130,000 a yearRenewal, December 2024: AED 130,000 a yearRenewal, December 2025: AED 130,000 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 1407 sits

All 55 2-beds →

1407 last sold in November 2022 at AED 2,085 per sqft, in line with what two-beds in The Cove Building 1 were fetching at the time (AED 2,035). 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. 1407's AED 130,000 is at the bottom 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
14062-bedAED 2.35M · Nov 2021

1407, The Cove Building 1 in numbers

  • Sold twice: first on 9 May 2018 for AED 2,150,888, last on 22 November 2022 for AED 2,800,000 (AED 2,085 per sqft).
  • Rented since December 2022 on 4 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 4.6%, 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 20 December 2025.

Questions about 1407, The Cove Building 1

What did unit 1407 last sell for?

AED 2,800,000 on 22 November 2022: AED 2,085 per sqft for 1,343 sqft. The unit has 2 registered sales; the first was AED 2,150,888 in May 2018.

What is the rent for unit 1407?

AED 130,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 130,000; the unit has been rented since December 2022.

How big is unit 1407?

1,343 sqft (124.8 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2021.

What is unit 1407 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 1407, The Cove Building 1

Starts from the last sale price (AED 2.8M, 22 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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