1-bed · 735 sqftThe Cove Building 1, Dubai Creek Harbour · 7th floor · completed 2021

704, The Cove Building 1

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 1.43M23 November 2017
Current rentAED 88K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Cove Building 1

What is 704 worth today?

Last sold for AED 1,425,888 in 2017

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18 Oct 2026RentedRenewal
AED 88,000/yr12 months · AED 118 per sqft
18 Oct 2025RentedRenewal
AED 88,000/yr12 months · AED 118 per sqft
18 Oct 2024RentedRenewal
AED 88,000/yr12 months · AED 118 per sqft
18 Oct 2023RentedNew contract
AED 88,000/yr12 months · AED 118 per sqft
15 Oct 2022RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
23 Nov 2017Sold by developerOff-plan
AED 1,425,888AED 1,939 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
1-bed apartment
Size
735 sqft
Floor
7th of 21
Parking
B1-102
Developer
Emaar
Completed
2021
Service charge
AED 16,200 /yr
Last sold
AED 1.43M · November 2017

About 704, The Cove Building 1

704 is a one-bedroom apartment of 735 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 23 November 2017 for AED 1,425,888, or AED 1,939 per sqft, in line with the AED 1,965 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 18 October 2026, is AED 88,000 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 16,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, November 2017: AED 1,425,888 (AED 1,939 per sqft)

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

Rents
Unit 704, 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, October 2022: AED 70,000 a yearNew contract, October 2023: AED 88,000 a yearRenewal, October 2024: AED 88,000 a yearRenewal, October 2025: AED 88,000 a yearRenewal, October 2026: AED 88,000 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 704 sits

All 38 1-beds →

704 last sold in November 2017 at AED 1,939 per sqft, in line with what one-beds in The Cove Building 1 were fetching at the time (AED 1,965). 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. 704's AED 88,000 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 7th floor

All 136 units in The Cove Building 1
Value
7011-bedAED 1.67M · Apr 2021
7023-bedAED 4.8M · Jul 2025
7033-bedAED 3.4M · Feb 2019
7052-bedAED 2.3M · Nov 2022
7062-bedAED 2.75M · Aug 2026
7072-bedAED 2.19M · Dec 2019

704, The Cove Building 1 in numbers

  • Sold once: by Emaar on 23 November 2017 for AED 1,425,888, or AED 1,939 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, from AED 70,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2017 price is 6.2%, before a service charge of about AED 16,200 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 18 October 2026.

Questions about 704, The Cove Building 1

What did unit 704 last sell for?

AED 1,425,888 on 23 November 2017, sold by the developer: AED 1,939 per sqft for 735 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 88,000 a year on the contract renewed on 18 October 2026. The previous contract, from October 2025, was AED 88,000; the unit has been rented since October 2022.

How big is unit 704?

735 sqft (68.3 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower completed in 2021.

What is unit 704 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 704, The Cove Building 1

Starts from the last sale price (AED 1.43M, 23 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,888
Deposit, UAE resident (20%)
AED 285,178
Deposit, non-resident (40%)
AED 570,355
Monthly over 25 years at 3.7%
AED 5,834

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