401, The Cove Building 1
Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, The Cove Building 1
What is 401 worth today?
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Source: Dubai Land Department. Updated 25 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 4th of 21
- Parking
- B1-118
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.47M · November 2017
- Building
- The Cove Building 1
About 401, The Cove Building 1
401 is a one-bedroom apartment of 826 sqft on the 4th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 21 November 2017 for AED 1,467,888, or AED 1,776 per sqft, 11% below the AED 1,990 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 25 August 2026, is AED 87,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 18,200 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Cove Building 1, and where 401 sits
All 38 1-beds →401 last sold in November 2017 at AED 1,776 per sqft, 11% below what one-beds in The Cove Building 1 were fetching at the time (AED 1,990). Over the last 12 months one-beds sold for AED 1,500,000 to 2,000,000, around AED 2,330 per sqft, and rent for AED 76,700 to 208,877 a year. 401's AED 87,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 826 sqft | 2,000,000 | 2,420 | ||
| 10 Dec 202510 December 2025 | 826 sqft | 1,500,000 | 1,815 | ||
| 17 Nov 202517 November 2025 | 826 sqft | 1,925,000 | 2,330 | ||
| 11 Sep 202511 September 2025 | 745 sqft | 2,050,000 | 2,751 |
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 4th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 3-bed | 1,840 sqft | AED 4MAED 4,000,000 · Apr 2025April 2025 | ||
| 403 | 3-bed | 1,839 sqft | AED 4.5MAED 4,500,000 · Nov 2025November 2025 | ||
| 404 | 1-bed | 745 sqft | AED 2.04MAED 2,040,000 · Nov 2023November 2023 | 110,000 /yr | |
| 405 | 2-bed | 1,283 sqft | AED 2.85MAED 2,849,888 · Jan 2022January 2022 | ||
| 406 | 2-bed | 1,339 sqft | AED 2.8MAED 2,798,888 · Apr 2022April 2022 | 175,000 /yr | |
| 407 | 2-bed | 1,343 sqft | AED 2.11MAED 2,109,888 · Dec 2017December 2017 | 140,134 /yr |
401, The Cove Building 1 in numbers
- Sold once: by Emaar on 21 November 2017 for AED 1,467,888, or AED 1,776 per sqft.
- Rented since March 2022 on 4 Ejari contracts, from AED 85,000 to AED 87,000 a year.
- At AED 87,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 18,200 a year (AED 22.00 per sqft).
- One-beds in The Cove Building 1 sold for AED 1,500,000–2,000,000 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 25 August 2026.
Questions about 401, The Cove Building 1
What did unit 401 last sell for?
AED 1,467,888 on 21 November 2017, sold by the developer: AED 1,776 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 87,000 a year on the contract signed on 25 August 2026. The previous contract, from July 2024, was AED 97,375; the unit has been rented since March 2022.
How big is unit 401?
826 sqft (76.7 sqm): a one-bedroom apartment on the 4th floor of a 21-storey tower completed in 2021.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Cove Building 1 sold for AED 1,500,000 to 2,000,000 in the last 12 months, around AED 2,330 per sqft.
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Mortgage on 401, The Cove Building 1
Starts from the last sale price (AED 1.47M, 21 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,467,888
- Deposit, UAE resident (20%)
- AED 293,578
- Deposit, non-resident (40%)
- AED 587,155
- Monthly over 25 years at 3.7%
- AED 6,006
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →