1602, The Cove Building 1
Sold prices and rental history: sold 3 times, last in November 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, The Cove Building 1
What is 1602 worth today?
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Source: Dubai Land Department. Updated 4 November 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,840 sqft
- Floor
- 16th of 21
- Parking
- B1-168, B1-169
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 40,500 /yr
- Last sold
- AED 4.7M · November 2026
- Building
- The Cove Building 1
About 1602, The Cove Building 1
1602 is a three-bedroom apartment of 1,840 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 4 November 2026 for AED 4,700,000, or AED 2,554 per sqft, 4% above the AED 2,446 three-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 260,000 a year: a gross yield of 5.5% on the 2026 price, before the service charge of about AED 40,500 a year.
Sales and rents for 1602 over time
1602 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Cove Building 1, and where 1602 sits
All 39 3-beds →1602 last sold in November 2026 at AED 2,554 per sqft, 4% above what three-beds in The Cove Building 1 were fetching at the time (AED 2,446). Over the last 12 months three-beds sold for AED 3,700,000 to 4,700,000, around AED 2,282 per sqft, and rent for AED 220,000 to 400,000 a year. 1602's AED 260,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Dec 202518 December 2025 | 1,840 sqft | 3,700,000 | 2,010 | ||
| 8 Nov 20258 November 2025 | 1,839 sqft | 4,500,000 | 2,446 | ||
| 25 Jul 202525 July 2025 | 1,840 sqft | 4,800,000 | 2,608 | ||
| 12 Jun 202512 June 2025 | 1,840 sqft | 4,800,000 | 2,608 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 826 sqft | AED 1.97MAED 1,971,888 · Apr 2023April 2023 | 110,000 /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 |
1602, The Cove Building 1 in numbers
- Sold 3 times: first on 5 December 2017 for AED 3,471,888, last on 4 November 2026 for AED 4,700,000 (AED 2,554 per sqft).
- Rented since October 2024 on 2 Ejari contracts, at AED 260,000 a year.
- At AED 260,000 a year the gross yield on the 2026 price is 5.5%, before a service charge of about AED 40,500 a year (AED 22.00 per sqft).
- Three-beds in The Cove Building 1 sold for AED 3,700,000–4,700,000 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 4 November 2026.
Questions about 1602, The Cove Building 1
What did unit 1602 last sell for?
AED 4,700,000 on 4 November 2026: AED 2,554 per sqft for 1,840 sqft. The unit has 3 registered sales; the first was AED 3,471,888 in December 2017.
What is the rent for unit 1602?
AED 260,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 260,000.
How big is unit 1602?
1,840 sqft (170.9 sqm): a three-bedroom apartment on the 16th floor of a 21-storey tower completed in 2021.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Cove Building 1 sold for AED 3,700,000 to 4,700,000 in the last 12 months, around AED 2,282 per sqft.
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Mortgage on 1602, The Cove Building 1
Starts from the last sale price (AED 4.7M, 4 November 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 4,700,000
- Deposit, UAE resident (20%)
- AED 940,000
- Deposit, non-resident (40%)
- AED 1,880,000
- Monthly over 25 years at 3.7%
- AED 19,229
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →