1-bed · 745 sqftThe Cove Building 1, Dubai Creek Harbour · 4th floor · completed 2021

404, The Cove Building 1

Sold prices and rental history: sold twice, last in November 2023, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 2.04M30 November 2023
Current rentAED 110K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, The Cove Building 1

What is 404 worth today?

Last sold for AED 2,040,000 in 2023

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1 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 148 per sqft
30 Nov 2023SoldReady
AED 2,040,000AED 2,737 per sqft
19 Apr 2018Sold by developerOff-plan
AED 1,417,888AED 1,928 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
4th of 21
Parking
B1-105
Developer
Emaar
Completed
2021
Service charge
AED 16,400 /yr
Last sold
AED 2.04M · November 2023

About 404, The Cove Building 1

404 is a one-bedroom apartment of 745 sqft on the 4th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 30 November 2023 for AED 2,040,000, or AED 2,737 per sqft, 14% above the AED 2,396 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2025. The current contract, signed on 1 April 2025, is AED 110,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 16,400 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in The Cove Building 1
1.5M2M2017202020232026Typical sale price by year: 2017 AED 1,468,388; 2018 AED 1,475,888; 2019 AED 1,534,888; 2020 AED 1,556,888; 2022 AED 1,450,000; 2023 AED 1,975,888; 2024 AED 1,670,000; 2025 AED 1,987,500Sold by developer, April 2018: AED 1,417,888 (AED 1,928 per sqft)Sold, November 2023: AED 2,040,000 (AED 2,737 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in The Cove Building 1
80K100K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 80,000; 2024 AED 89,000; 2025 AED 95,500; 2026 AED 105,000New contract, April 2025: AED 110,000 a year

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 404 sits

All 38 1-beds →

404 last sold in November 2023 at AED 2,737 per sqft, 14% above what one-beds in The Cove Building 1 were fetching at the time (AED 2,396). 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. 404's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20262,000,000
10 Dec 20251,500,000
17 Nov 20251,925,000
11 Sep 20252,050,000
3 1-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 4th floor

All 136 units in The Cove Building 1
Value
4011-bedAED 1.47M · Nov 2017
4023-bedAED 4M · Apr 2025
4033-bedAED 4.5M · Nov 2025
4052-bedAED 2.85M · Jan 2022
4062-bedAED 2.8M · Apr 2022
4072-bedAED 2.11M · Dec 2017

404, The Cove Building 1 in numbers

  • Sold twice: first on 19 April 2018 for AED 1,417,888, last on 30 November 2023 for AED 2,040,000 (AED 2,737 per sqft).
  • Rented since April 2025 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 16,400 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 1 April 2025.

Questions about 404, The Cove Building 1

What did unit 404 last sell for?

AED 2,040,000 on 30 November 2023: AED 2,737 per sqft for 745 sqft. The unit has 2 registered sales; the first was AED 1,417,888 in April 2018.

What is the rent for unit 404?

AED 110,000 a year on the contract signed on 1 April 2025.

How big is unit 404?

745 sqft (69.2 sqm): a one-bedroom apartment on the 4th floor of a 21-storey tower completed in 2021.

What is unit 404 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 404, The Cove Building 1

Starts from the last sale price (AED 2.04M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,040,000
Deposit, UAE resident (20%)
AED 408,000
Deposit, non-resident (40%)
AED 816,000
Monthly over 25 years at 3.7%
AED 8,346

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