1504, The Cove Building 1
Sold prices and rental history: sold once, by the developer in November 2017, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, The Cove Building 1
What is 1504 worth today?
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Source: Dubai Land Department. Updated 8 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 735 sqft
- Floor
- 15th of 21
- Parking
- B1-135
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.47M · November 2017
- Building
- The Cove Building 1
About 1504, The Cove Building 1
1504 is a one-bedroom apartment of 735 sqft on the 15th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 16 November 2017 for AED 1,468,888, or AED 1,997 per sqft, in line with the AED 1,992 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 8 August 2022. The current contract, signed on 8 August 2022, is AED 80,000 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 16,200 a year.
Sales and rents for 1504 over time
1504 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Cove Building 1, and where 1504 sits
All 38 1-beds →1504 last sold in November 2017 at AED 1,997 per sqft, in line with what one-beds in The Cove Building 1 were fetching at the time (AED 1,992). Over the last 12 months one-beds sold for AED 1,500,000 to 2,000,000, around AED 2,330 per sqft, and rent for AED 76,700 to 208,877 a year. 1504's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 826 sqft | 2,000,000 | 2,420 | ||
| 10 Dec 202510 December 2025 | 826 sqft | 1,500,000 | 1,815 | ||
| 17 Nov 202517 November 2025 | 826 sqft | 1,925,000 | 2,330 | ||
| 11 Sep 202511 September 2025 | 745 sqft | 2,050,000 | 2,751 |
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 15th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 826 sqft | AED 2.08MAED 2,080,000 · Aug 2024August 2024 | ||
| 1502 | 3-bed | 1,840 sqft | AED 4.3MAED 4,300,000 · Jan 2024January 2024 | ||
| 1503 | 3-bed | 1,839 sqft | AED 3.5MAED 3,503,888 · Dec 2017December 2017 | ||
| 1505 | 2-bed | 1,283 sqft | AED 2.9MAED 2,900,000 · Aug 2024August 2024 | 120,000 /yr | |
| 1506 | 2-bed | 1,339 sqft | AED 2.6MAED 2,600,000 · Jul 2022July 2022 | ||
| 1507 | 2-bed | 1,343 sqft | AED 2.22MAED 2,220,888 · Jan 2019January 2019 | 154,171 /yr |
1504, The Cove Building 1 in numbers
- Sold once: by Emaar on 16 November 2017 for AED 1,468,888, or AED 1,997 per sqft.
- Rented since August 2022 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 16,200 a year (AED 22.00 per sqft).
- One-beds in The Cove Building 1 sold for AED 1,500,000–2,000,000 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 8 August 2022.
Questions about 1504, The Cove Building 1
What did unit 1504 last sell for?
AED 1,468,888 on 16 November 2017, sold by the developer: AED 1,997 per sqft for 735 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 80,000 a year on the contract signed on 8 August 2022.
How big is unit 1504?
735 sqft (68.3 sqm): a one-bedroom apartment on the 15th floor of a 21-storey tower completed in 2021.
What is unit 1504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Cove Building 1 sold for AED 1,500,000 to 2,000,000 in the last 12 months, around AED 2,330 per sqft.
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Mortgage on 1504, The Cove Building 1
Starts from the last sale price (AED 1.47M, 16 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,468,888
- Deposit, UAE resident (20%)
- AED 293,778
- Deposit, non-resident (40%)
- AED 587,555
- Monthly over 25 years at 3.7%
- AED 6,010
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →