2-bed · 1,283 sqftThe Cove Building 1, Dubai Creek Harbour · 16th floor · completed 2021

1605, The Cove Building 1

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 9 June 2023
Last soldAED 3.17M9 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, The Cove Building 1

What is 1605 worth today?

Last sold for AED 3,169,888 in 2023

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9 Jun 2023SoldReady
AED 3,169,888AED 2,471 per sqft
5 Dec 2017Sold by developerOff-plan
AED 2,455,888AED 1,914 per sqft

Source: Dubai Land Department. Updated 9 June 2023.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
16th of 21
Parking
B1-171
Developer
Emaar
Completed
2021
Service charge
AED 28,200 /yr
Last sold
AED 3.17M · June 2023

About 1605, The Cove Building 1

1605 is a two-bedroom apartment of 1,283 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 9 June 2023 for AED 3,169,888, or AED 2,471 per sqft, 23% above the AED 2,012 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in The Cove Building 1
2.5M3M2017202020232026Typical 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, December 2017: AED 2,455,888 (AED 1,914 per sqft)Sold, June 2023: AED 3,169,888 (AED 2,471 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, 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 150,000

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 1605 sits

All 55 2-beds →

1605 last sold in June 2023 at AED 2,471 per sqft, 23% above what two-beds in The Cove Building 1 were fetching at the time (AED 2,012). 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.

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 16th floor

All 136 units in The Cove Building 1
Value
16011-bedAED 1.97M · Apr 2023
16023-bedAED 4.7M · Nov 2026
16033-bedAED 4.69M · Mar 2023
16041-bedAED 2.25M · May 2025
16062-bedAED 3.32M · Sep 2025
16072-bedAED 2.81M · Apr 2023

1605, The Cove Building 1 in numbers

  • Sold twice: first on 5 December 2017 for AED 2,455,888, last on 9 June 2023 for AED 3,169,888 (AED 2,471 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 9 June 2023.

Questions about 1605, The Cove Building 1

What did unit 1605 last sell for?

AED 3,169,888 on 9 June 2023: AED 2,471 per sqft for 1,283 sqft. The unit has 2 registered sales; the first was AED 2,455,888 in December 2017.

How big is unit 1605?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2021.

What is unit 1605 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 1605, The Cove Building 1

Starts from the last sale price (AED 3.17M, 9 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,169,888
Deposit, UAE resident (20%)
AED 633,978
Deposit, non-resident (40%)
AED 1,267,955
Monthly over 25 years at 3.7%
AED 12,969

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