3-bed · 1,840 sqftThe Cove Building 1, Dubai Creek Harbour · 3rd floor · completed 2021

302, The Cove Building 1

Sold prices and rental history: sold twice, last in May 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 4.52M31 May 2023
Current rentAED 190K /yr16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, The Cove Building 1

What is 302 worth today?

Last sold for AED 4,519,888 in 2023

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16 Dec 2024RentedRenewal
AED 190,000/yr12 months · AED 103 per sqft
16 Dec 2024RentedRenewal
AED 190,000/yr12 months · AED 103 per sqft
31 May 2023SoldReady
AED 4,519,888AED 2,456 per sqft
4 Jul 2022Sold by developerReady
AED 4,222,888AED 2,294 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
3-bed apartment
Size
1,840 sqft
Floor
3rd of 21
Parking
B1-147, B1-148
Developer
Emaar
Completed
2021
Service charge
AED 40,500 /yr
Last sold
AED 4.52M · May 2023

About 302, The Cove Building 1

302 is a three-bedroom apartment of 1,840 sqft on the 3rd floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 31 May 2023 for AED 4,519,888, or AED 2,456 per sqft, 7% above the AED 2,289 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 16 December 2024, is AED 190,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 40,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, July 2022: AED 4,222,888 (AED 2,294 per sqft)Sold, May 2023: AED 4,519,888 (AED 2,456 per sqft)

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

Rents
Unit 302, 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 280,000Renewal, December 2024: AED 190,000 a yearRenewal, December 2024: AED 190,000 a year

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 302 sits

All 39 3-beds →

302 last sold in May 2023 at AED 2,456 per sqft, 7% 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. 302's AED 190,000 is at the bottom of that range.

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 3rd floor

All 136 units in The Cove Building 1
Value
3011-bedAED 1.5M · Dec 2025
3033-bedAED 4.21M · Jun 2022
3041-bedAED 1.49M · Jul 2019
3052-bedAED 2.75M · Sep 2026
3062-bedAED 2.93M · Jun 2024
3072-bedAED 2.75M · Feb 2023

302, The Cove Building 1 in numbers

  • Sold twice: first on 4 July 2022 for AED 4,222,888, last on 31 May 2023 for AED 4,519,888 (AED 2,456 per sqft).
  • Rented since December 2024 on 2 Ejari contracts, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2023 price is 4.2%, 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 16 December 2024.

Questions about 302, The Cove Building 1

What did unit 302 last sell for?

AED 4,519,888 on 31 May 2023: AED 2,456 per sqft for 1,840 sqft. The unit has 2 registered sales; the first was AED 4,222,888 in July 2022.

What is the rent for unit 302?

AED 190,000 a year on the contract renewed on 16 December 2024. The previous contract, from December 2024, was AED 190,000.

How big is unit 302?

1,840 sqft (170.9 sqm): a three-bedroom apartment on the 3rd floor of a 21-storey tower completed in 2021.

What is unit 302 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 302, The Cove Building 1

Starts from the last sale price (AED 4.52M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,519,888
Deposit, UAE resident (20%)
AED 903,978
Deposit, non-resident (40%)
AED 1,807,955
Monthly over 25 years at 3.7%
AED 18,492

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