701, The Cove Building 1
Sold prices and rental history: sold once, by the developer in April 2021, 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 701, The Cove Building 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 9 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 7th of 21
- Parking
- B1-109
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.67M · April 2021
- Building
- The Cove Building 1
About 701, The Cove Building 1
701 is a one-bedroom apartment of 826 sqft on the 7th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 28 April 2021 for AED 1,674,888, or AED 2,027 per sqft.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 9 January 2026, is AED 125,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 18,200 a year.
Sales and rents for 701 over time
701 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 701 sits
All 38 1-beds →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. 701's AED 125,000 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 7th floor
All 136 units in The Cove Building 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,840 sqft | AED 4.8MAED 4,800,000 · Jul 2025July 2025 | 204,793 /yr | |
| 703 | 3-bed | 1,839 sqft | AED 3.4MAED 3,402,888 · Feb 2019February 2019 | ||
| 704 | 1-bed | 735 sqft | AED 1.43MAED 1,425,888 · Nov 2017November 2017 | 88,000 /yr | |
| 705 | 2-bed | 1,283 sqft | AED 2.3MAED 2,300,000 · Nov 2022November 2022 | ||
| 706 | 2-bed | 1,339 sqft | AED 2.75MAED 2,750,000 · Aug 2026August 2026 | 150,000 /yr | |
| 707 | 2-bed | 1,343 sqft | AED 2.19MAED 2,188,230 · Dec 2019December 2019 | 135,000 /yr |
701, The Cove Building 1 in numbers
- Sold once: by Emaar on 28 April 2021 for AED 1,674,888, or AED 2,027 per sqft.
- Rented since May 2022 on 6 Ejari contracts, from AED 68,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2021 price is 7.5%, 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 9 January 2026.
Questions about 701, The Cove Building 1
What did unit 701 last sell for?
AED 1,674,888 on 28 April 2021, sold by the developer: AED 2,027 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 125,000 a year on the contract signed on 9 January 2026. The previous contract, from May 2025, was AED 82,000; the unit has been rented since May 2022.
How big is unit 701?
826 sqft (76.7 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower completed in 2021.
What is unit 701 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 701, The Cove Building 1
Starts from the last sale price (AED 1.67M, 28 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,674,888
- Deposit, UAE resident (20%)
- AED 334,978
- Deposit, non-resident (40%)
- AED 669,955
- Monthly over 25 years at 3.7%
- AED 6,852
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →