1603, The Cove Building 1
Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, The Cove Building 1
What is 1603 worth today?
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Source: Dubai Land Department. Updated 28 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,839 sqft
- Floor
- 16th of 21
- Parking
- B1-165, B1-166
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 40,500 /yr
- Last sold
- AED 4.69M · March 2023
- Building
- The Cove Building 1
About 1603, The Cove Building 1
1603 is a three-bedroom apartment of 1,839 sqft on the 16th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 28 March 2023 for AED 4,686,888, or AED 2,548 per sqft, 11% above the AED 2,289 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
1603 has sold once; 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 1603 sits
All 39 3-beds →1603 last sold in March 2023 at AED 2,548 per sqft, 11% above what three-beds in The Cove Building 1 were fetching at the time (AED 2,289). 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.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,840 sqft | 4,700,000 | 2,554 | ||
| 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 |
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 | |
| 1602 | 3-bed | 1,840 sqft | AED 4.7MAED 4,700,000 · Nov 2026November 2026 | 260,000 /yr | |
| 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 |
1603, The Cove Building 1 in numbers
- Sold once: by Emaar on 28 March 2023 for AED 4,686,888, or AED 2,548 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 28 March 2023.
Questions about 1603, The Cove Building 1
What did unit 1603 last sell for?
AED 4,686,888 on 28 March 2023, sold by the developer: AED 2,548 per sqft for 1,839 sqft. It is the only registered sale of the unit.
How big is unit 1603?
1,839 sqft (170.8 sqm): a three-bedroom apartment on the 16th floor of a 21-storey tower completed in 2021.
What is unit 1603 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 1603, The Cove Building 1
Starts from the last sale price (AED 4.69M, 28 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,686,888
- Deposit, UAE resident (20%)
- AED 937,378
- Deposit, non-resident (40%)
- AED 1,874,755
- Monthly over 25 years at 3.7%
- AED 19,176
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →