
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.
Property timeline for 302, The Cove Building 1
What is 302 worth today?
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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
- Building
- The Cove Building 1
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
302 has sold twice; 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 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 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 3rd floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 826 sqft | AED 1.5MAED 1,500,000 · Dec 2025December 2025 | 130,000 /yr | |
| 303 | 3-bed | 1,839 sqft | AED 4.21MAED 4,214,888 · Jun 2022June 2022 | 150,000 /yr | |
| 304 | 1-bed | 735 sqft | AED 1.49MAED 1,489,888 · Jul 2019July 2019 | 90,000 /yr | |
| 305 | 2-bed | 1,283 sqft | AED 2.75MAED 2,750,000 · Sep 2026September 2026 | 145,000 /yr | |
| 306 | 2-bed | 1,339 sqft | AED 2.93MAED 2,930,000 · Jun 2024June 2024 | ||
| 307 | 2-bed | 1,343 sqft | AED 2.75MAED 2,746,888 · Feb 2023February 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 →