
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.
Property timeline for 404, The Cove Building 1
What is 404 worth today?
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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
- Building
- The Cove Building 1
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
404 has sold twice; 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 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 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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 826 sqft | AED 1.47MAED 1,467,888 · Nov 2017November 2017 | 87,000 /yr | |
| 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 | ||
| 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 |
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 →