1601, The Cove Building 1
Sold prices and rental history: sold twice, last in April 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, The Cove Building 1
What is 1601 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 16th of 21
- Parking
- B1-177
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.97M · April 2023
- Building
- The Cove Building 1
About 1601, The Cove Building 1
1601 is a one-bedroom apartment of 826 sqft on the 16th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 5 April 2023 for AED 1,971,888, or AED 2,386 per sqft, 11% above the AED 2,142 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 10 September 2026, is AED 110,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 18,200 a year.
Sales and rents for 1601 over time
1601 has sold twice; 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 1601 sits
All 38 1-beds →1601 last sold in April 2023 at AED 2,386 per sqft, 11% above what one-beds in The Cove Building 1 were fetching at the time (AED 2,142). 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. 1601's AED 110,000 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 16th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 3-bed | 1,840 sqft | AED 4.7MAED 4,700,000 · Nov 2026November 2026 | 260,000 /yr | |
| 1603 | 3-bed | 1,839 sqft | AED 4.69MAED 4,686,888 · Mar 2023March 2023 | ||
| 1604 | 1-bed | 745 sqft | AED 2.25MAED 2,250,000 · May 2025May 2025 | 123,000 /yr | |
| 1605 | 2-bed | 1,283 sqft | AED 3.17MAED 3,169,888 · Jun 2023June 2023 | ||
| 1606 | 2-bed | 1,339 sqft | AED 3.32MAED 3,320,000 · Sep 2025September 2025 | ||
| 1607 | 2-bed | 1,343 sqft | AED 2.81MAED 2,813,888 · Apr 2023April 2023 | 138,000 /yr |
1601, The Cove Building 1 in numbers
- Sold twice: first on 5 December 2017 for AED 1,501,888, last on 5 April 2023 for AED 1,971,888 (AED 2,386 per sqft).
- Rented since September 2025 on 2 Ejari contracts, from AED 115,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 18,200 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 10 September 2026.
Questions about 1601, The Cove Building 1
What did unit 1601 last sell for?
AED 1,971,888 on 5 April 2023: AED 2,386 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 1,501,888 in December 2017.
What is the rent for unit 1601?
AED 110,000 a year on the contract signed on 10 September 2026. The previous contract, from September 2025, was AED 115,000.
How big is unit 1601?
826 sqft (76.7 sqm): a one-bedroom apartment on the 16th floor of a 21-storey tower completed in 2021.
What is unit 1601 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 1601, The Cove Building 1
Starts from the last sale price (AED 1.97M, 5 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,971,888
- Deposit, UAE resident (20%)
- AED 394,378
- Deposit, non-resident (40%)
- AED 788,755
- Monthly over 25 years at 3.7%
- AED 8,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →