1607, The Cove Building 1
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, The Cove Building 1
What is 1607 worth today?
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Source: Dubai Land Department. Updated 18 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,343 sqft
- Floor
- 16th of 21
- Parking
- B1-173
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 29,500 /yr
- Last sold
- AED 2.81M · April 2023
- Building
- The Cove Building 1
About 1607, The Cove Building 1
1607 is a two-bedroom apartment of 1,343 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 6 April 2023 for AED 2,813,888, or AED 2,095 per sqft, 7% above the AED 1,963 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 18 June 2025, is AED 138,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 29,500 a year.
Sales and rents for 1607 over time
1607 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1607 sits
All 55 2-beds →1607 last sold in April 2023 at AED 2,095 per sqft, 7% above what two-beds in The Cove Building 1 were fetching at the time (AED 1,963). 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. 1607's AED 138,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 202613 October 2026 | 1,343 sqft | 3,200,000 | 2,382 | ||
| 11 Sep 202611 September 2026 | 1,283 sqft | 2,750,000 | 2,144 | ||
| 9 Sep 20269 September 2026 | 1,339 sqft | 3,300,000 | 2,465 | ||
| 3 Aug 20263 August 2026 | 1,339 sqft | 2,750,000 | 2,054 |
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 | |
| 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, The Cove Building 1 in numbers
- Sold twice: first on 5 December 2017 for AED 2,158,888, last on 6 April 2023 for AED 2,813,888 (AED 2,095 per sqft).
- Rented since June 2023 on 4 Ejari contracts, at AED 138,000 a year.
- At AED 138,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 29,500 a year (AED 22.00 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 18 June 2025.
Questions about 1607, The Cove Building 1
What did unit 1607 last sell for?
AED 2,813,888 on 6 April 2023: AED 2,095 per sqft for 1,343 sqft. The unit has 2 registered sales; the first was AED 2,158,888 in December 2017.
What is the rent for unit 1607?
AED 138,000 a year on the contract renewed on 18 June 2025. The previous contract, from June 2025, was AED 138,000; the unit has been rented since June 2023.
How big is unit 1607?
1,343 sqft (124.8 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2021.
What is unit 1607 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 1607, The Cove Building 1
Starts from the last sale price (AED 2.81M, 6 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,813,888
- Deposit, UAE resident (20%)
- AED 562,778
- Deposit, non-resident (40%)
- AED 1,125,555
- Monthly over 25 years at 3.7%
- AED 11,512
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →