2-bed · 1,283 sqftThe Cove Building 1, Dubai Creek Harbour · 7th floor · completed 2021

705, The Cove Building 1

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 22 November 2022
Last soldAED 2.3M22 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, The Cove Building 1

What is 705 worth today?

Last sold for AED 2,300,000 in 2022

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22 Nov 2022SoldReady
AED 2,300,000AED 1,793 per sqft
18 Feb 2020Sold by developerOff-plan
AED 2,507,888AED 1,955 per sqft

Source: Dubai Land Department. Updated 22 November 2022.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
7th of 21
Parking
B2-70
Developer
Emaar
Completed
2021
Service charge
AED 28,200 /yr
Last sold
AED 2.3M · November 2022

About 705, The Cove Building 1

705 is a two-bedroom apartment of 1,283 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 22 November 2022 for AED 2,300,000, or AED 1,793 per sqft, 12% below the AED 2,035 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in The Cove Building 1
2.5M3M2017202020232026Typical sale price by year: 2017 AED 2,411,888; 2018 AED 2,341,888; 2019 AED 2,367,888; 2020 AED 2,507,888; 2021 AED 2,623,888; 2022 AED 2,650,000; 2023 AED 2,776,250; 2024 AED 2,965,000; 2025 AED 2,950,000; 2026 AED 3,125,000Sold by developer, February 2020: AED 2,507,888 (AED 1,955 per sqft)Sold, November 2022: AED 2,300,000 (AED 1,793 per sqft)

705 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, each contractTypical two-bed in The Cove Building 1
120K140K160K202220242026Typical rent by year: 2022 AED 118,750; 2023 AED 125,000; 2024 AED 140,000; 2025 AED 160,000; 2026 AED 150,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Cove Building 1, and where 705 sits

All 55 2-beds →

705 last sold in November 2022 at AED 1,793 per sqft, 12% below what two-beds in The Cove Building 1 were fetching at the time (AED 2,035). Over the last 12 months two-beds sold for AED 2,650,000 to 4,424,888, around AED 2,330 per sqft, and rent for AED 130,000 to 190,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 20263,200,000
11 Sep 20262,750,000
9 Sep 20263,300,000
3 Aug 20262,750,000
10 2-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
7041-bedAED 1.43M · Nov 2017
7062-bedAED 2.75M · Aug 2026
7072-bedAED 2.19M · Dec 2019

705, The Cove Building 1 in numbers

  • Sold twice: first on 18 February 2020 for AED 2,507,888, last on 22 November 2022 for AED 2,300,000 (AED 1,793 per sqft).
  • Two-beds in The Cove Building 1 sold for AED 2,650,000–4,424,888 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 22 November 2022.

Questions about 705, The Cove Building 1

What did unit 705 last sell for?

AED 2,300,000 on 22 November 2022: AED 1,793 per sqft for 1,283 sqft. The unit has 2 registered sales; the first was AED 2,507,888 in February 2020.

How big is unit 705?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2021.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Cove Building 1 sold for AED 2,650,000 to 4,424,888 in the last 12 months, around AED 2,330 per sqft.

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Mortgage on 705, The Cove Building 1

Starts from the last sale price (AED 2.3M, 22 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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