3-bed · 1,839 sqftThe Cove Building 1, Dubai Creek Harbour · 2nd floor · completed 2021

203, The Cove Building 1

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 7 March 2022
Last soldAED 4.21M7 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, The Cove Building 1

What is 203 worth today?

Last sold for AED 4,205,888 in 2022

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7 Mar 2022Sold by developerReady
AED 4,205,888AED 2,287 per sqft

Source: Dubai Land Department. Updated 7 March 2022.

Key facts

Type
3-bed apartment
Size
1,839 sqft
Floor
2nd of 21
Parking
B1-160, B1-161
Developer
Emaar
Completed
2021
Service charge
AED 40,500 /yr
Last sold
AED 4.21M · March 2022

About 203, The Cove Building 1

203 is a three-bedroom apartment of 1,839 sqft on the 2nd floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 7 March 2022 for AED 4,205,888, or AED 2,287 per sqft, 3% above the AED 2,211 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in The Cove Building 1
3.5M4M4.5M2017202020232026Typical sale price by year: 2017 AED 3,481,388; 2018 AED 3,460,888; 2019 AED 3,453,888; 2021 AED 3,878,170; 2022 AED 4,208,888; 2023 AED 4,519,888; 2024 AED 4,240,000; 2025 AED 4,500,000Sold by developer, March 2022: AED 4,205,888 (AED 2,287 per sqft)

203 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 203, each contractTypical three-bed in The Cove Building 1
200K250K202220242026Typical rent by year: 2022 AED 185,000; 2023 AED 200,000; 2024 AED 200,000; 2025 AED 270,000; 2026 AED 280,000

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 203 sits

All 39 3-beds →

203 last sold in March 2022 at AED 2,287 per sqft, 3% above what three-beds in The Cove Building 1 were fetching at the time (AED 2,211). 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 salesUnit no.Price (AED)Summary
4 Nov 20264,700,000
18 Dec 20253,700,000
8 Nov 20254,500,000
25 Jul 20254,800,000
2 3-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 2nd floor

All 136 units in The Cove Building 1
Value
2011-bedAED 1.57M · Jul 2024
2023-bedAED 4.22M · Aug 2022
2041-bedAED 1.49M · Jun 2019
2052-bedAED 2.65M · Oct 2022
2062-bedAED 3M · Jul 2026
2072-bedAED 2.56M · Jul 2022

203, The Cove Building 1 in numbers

  • Sold once: by Emaar on 7 March 2022 for AED 4,205,888, or AED 2,287 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 7 March 2022.

Questions about 203, The Cove Building 1

What did unit 203 last sell for?

AED 4,205,888 on 7 March 2022, sold by the developer: AED 2,287 per sqft for 1,839 sqft. It is the only registered sale of the unit.

How big is unit 203?

1,839 sqft (170.8 sqm): a three-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2021.

What is unit 203 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 203, The Cove Building 1

Starts from the last sale price (AED 4.21M, 7 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,205,888
Deposit, UAE resident (20%)
AED 841,178
Deposit, non-resident (40%)
AED 1,682,355
Monthly over 25 years at 3.7%
AED 17,208

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