702, The Cove Building 1
Sold prices and rental history: sold twice, last in July 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, The Cove Building 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 25 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,840 sqft
- Floor
- 7th of 21
- Parking
- B2-68, B2-69
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 40,500 /yr
- Last sold
- AED 4.8M · July 2025
- Building
- The Cove Building 1
About 702, The Cove Building 1
702 is a three-bedroom apartment of 1,840 sqft on the 7th floor of The Cove Building 1, a 21-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 25 July 2025 for AED 4,800,000, or AED 2,608 per sqft, 9% above the AED 2,391 three-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 204,793 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 40,500 a year.
Sales and rents for 702 over time
702 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Cove Building 1, and where 702 sits
All 39 3-beds →702 last sold in July 2025 at AED 2,608 per sqft, 9% above what three-beds in The Cove Building 1 were fetching at the time (AED 2,391). Over the last 12 months three-beds sold for AED 3,700,000 to 4,700,000, around AED 2,282 per sqft, and rent for AED 220,000 to 400,000 a year. 702's AED 204,793 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,840 sqft | 4,700,000 | 2,554 | ||
| 18 Dec 202518 December 2025 | 1,840 sqft | 3,700,000 | 2,010 | ||
| 8 Nov 20258 November 2025 | 1,839 sqft | 4,500,000 | 2,446 | ||
| 12 Jun 202512 June 2025 | 1,840 sqft | 4,800,000 | 2,608 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 826 sqft | AED 1.67MAED 1,674,888 · Apr 2021April 2021 | 125,000 /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 |
702, The Cove Building 1 in numbers
- Sold twice: first on 7 February 2022 for AED 4,255,888, last on 25 July 2025 for AED 4,800,000 (AED 2,608 per sqft).
- Rented since April 2022 on 3 Ejari contracts, from AED 155,000 to AED 204,793 a year.
- At AED 204,793 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 40,500 a year (AED 22.00 per sqft).
- Three-beds in The Cove Building 1 sold for AED 3,700,000–4,700,000 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 July 2025.
Questions about 702, The Cove Building 1
What did unit 702 last sell for?
AED 4,800,000 on 25 July 2025: AED 2,608 per sqft for 1,840 sqft. The unit has 2 registered sales; the first was AED 4,255,888 in February 2022.
What is the rent for unit 702?
AED 204,793 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 205,000; the unit has been rented since April 2022.
How big is unit 702?
1,840 sqft (170.9 sqm): a three-bedroom apartment on the 7th floor of a 21-storey tower completed in 2021.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Cove Building 1 sold for AED 3,700,000 to 4,700,000 in the last 12 months, around AED 2,282 per sqft.
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Mortgage on 702, The Cove Building 1
Starts from the last sale price (AED 4.8M, 25 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,800,000
- Deposit, UAE resident (20%)
- AED 960,000
- Deposit, non-resident (40%)
- AED 1,920,000
- Monthly over 25 years at 3.7%
- AED 19,638
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →