501, The Cove Building 1
Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, The Cove Building 1
What is 501 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 5th of 21
- Parking
- B1-137
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.55M · February 2020
- Building
- The Cove Building 1
About 501, The Cove Building 1
501 is a one-bedroom apartment of 826 sqft on the 5th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 26 February 2020 for AED 1,548,888, or AED 1,874 per sqft, 3% below the AED 1,936 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 October 2026, is AED 85,000 a year: a gross yield of 5.5% on the 2020 price, before the service charge of about AED 18,200 a year.
Sales and rents for 501 over time
501 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 501 sits
All 38 1-beds →501 last sold in February 2020 at AED 1,874 per sqft, 3% below what one-beds in The Cove Building 1 were fetching at the time (AED 1,936). 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. 501's AED 85,000 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 5th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 503 | 3-bed | 1,839 sqft | AED 3.64MAED 3,642,888 · May 2021May 2021 | ||
| 504 | 1-bed | 745 sqft | AED 1.6MAED 1,600,000 · Nov 2022November 2022 | ||
| 505 | 2-bed | 1,283 sqft | AED 2.77MAED 2,770,888 · Nov 2021November 2021 | ||
| 506 | 2-bed | 1,339 sqft | AED 2.8MAED 2,803,888 · Oct 2022October 2022 | 140,000 /yr | |
| 507 | 2-bed | 1,343 sqft | AED 2.4MAED 2,401,888 · Aug 2021August 2021 | 145,000 /yr |
501, The Cove Building 1 in numbers
- Sold once: by Emaar on 26 February 2020 for AED 1,548,888, or AED 1,874 per sqft.
- Rented since June 2022 on 2 Ejari contracts, from AED 65,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2020 price is 5.5%, 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 15 October 2026.
Questions about 501, The Cove Building 1
What did unit 501 last sell for?
AED 1,548,888 on 26 February 2020, sold by the developer: AED 1,874 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 85,000 a year on the contract signed on 15 October 2026. The previous contract, from June 2022, was AED 65,000.
How big is unit 501?
826 sqft (76.7 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2021.
What is unit 501 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.
Selling 501? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 501, The Cove Building 1
Starts from the last sale price (AED 1.55M, 26 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,548,888
- Deposit, UAE resident (20%)
- AED 309,778
- Deposit, non-resident (40%)
- AED 619,555
- Monthly over 25 years at 3.7%
- AED 6,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →