1-bed · 738 sqftThe Cove Building 2, Dubai Creek Harbour · 2nd floor · completed 2021

203, The Cove Building 2

Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 26 June 2025
Last soldAED 1.16M23 January 2020
Current rentAED 80K /yr26 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, The Cove Building 2

What is 203 worth today?

Last sold for AED 1,155,888 in 2020

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26 Jun 2025RentedRenewal
AED 80,000/yr12 months · AED 108 per sqft
26 Jun 2025RentedRenewal
AED 80,000/yr12 months · AED 109 per sqft
26 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
1 May 2023RentedRenewal
AED 70,000/yr12 months · AED 94 per sqft
1 May 2022RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
23 Jan 2020Sold by developerOff-plan
AED 1,155,888AED 1,565 per sqft

Source: Dubai Land Department. Updated 26 June 2025.

Key facts

Type
1-bed apartment
Size
738 sqft
Floor
2nd of 9
Parking
G-31
Developer
Emaar
Completed
2021
Service charge
AED 16,200 /yr
Last sold
AED 1.16M · January 2020

About 203, The Cove Building 2

203 is a one-bedroom apartment of 738 sqft on the 2nd floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 23 January 2020 for AED 1,155,888, or AED 1,565 per sqft, 4% above the AED 1,508 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 26 June 2025, is AED 80,000 a year: a gross yield of 6.9% on the 2020 price, before the service charge of about AED 16,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in The Cove Building 2
1.25M1.5M2017202020232026Typical sale price by year: 2017 AED 1,089,888; 2018 AED 1,098,888; 2019 AED 1,180,888; 2020 AED 1,155,888; 2022 AED 1,350,000; 2023 AED 1,312,500; 2024 AED 1,450,000; 2025 AED 1,550,000Sold by developer, January 2020: AED 1,155,888 (AED 1,565 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in The Cove Building 2
80K100K202220242026Typical rent by year: 2022 AED 73,000; 2023 AED 77,000; 2024 AED 87,125; 2025 AED 100,000; 2026 AED 91,500New contract, May 2022: AED 70,000 a yearRenewal, May 2023: AED 70,000 a yearNew contract, June 2024: AED 80,000 a yearRenewal, June 2025: AED 80,000 a yearRenewal, June 2025: AED 80,000 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 2, and where 203 sits

All 23 1-beds →

203 last sold in January 2020 at AED 1,565 per sqft, 4% above what one-beds in The Cove Building 2 were fetching at the time (AED 1,508). Over the last 12 months one-beds sold for AED 1,550,000 to 1,780,000, around AED 2,314 per sqft, and rent for AED 80,000 to 110,000 a year. 203's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,750,000
16 Jan 20261,600,000
16 Dec 20251,550,000
18 Nov 20251,780,000
4 1-bed sales in the last 12 months

The Cove Building 2

Building

88 apartments, 1-bed to 4-bed over 9 floors in Dubai Creek Harbour, completed in 2021 by Emaar. 10 sold in the last 12 months.

Typical price per sqft
AED 2,242
Typical sale
AED 2.93M
Typical rent
AED 160K /yr
Typical yield
5.4%
The Cove Building 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 2nd floor

All 88 units in The Cove Building 2
Value
2013-bedAED 2.8M · Sep 2023
2023-bedAED 3.17M · Sep 2023
2041-bedAED 1.55M · Feb 2025
2053-bedAED 3.08M · Feb 2022
2061-bedAED 1.18M · May 2018
2072-bedAED 1.72M · Sep 2017
2082-bedAED 2.83M · Oct 2024
1–7 of 10

203, The Cove Building 2 in numbers

  • Sold once: by Emaar on 23 January 2020 for AED 1,155,888, or AED 1,565 per sqft.
  • Rented since May 2022 on 5 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 6.9%, before a service charge of about AED 16,200 a year (AED 22.00 per sqft).
  • One-beds in The Cove Building 2 sold for AED 1,550,000–1,780,000 in the 12 months to November 2026; the building's median across all types is AED 2,242 per sqft.

Source: Dubai Land Department. Updated 26 June 2025.

Questions about 203, The Cove Building 2

What did unit 203 last sell for?

AED 1,155,888 on 23 January 2020, sold by the developer: AED 1,565 per sqft for 738 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 80,000 a year on the contract renewed on 26 June 2025. The previous contract, from June 2025, was AED 80,000; the unit has been rented since May 2022.

How big is unit 203?

738 sqft (68.6 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2021.

What is unit 203 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 2 sold for AED 1,550,000 to 1,780,000 in the last 12 months, around AED 2,314 per sqft.

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Mortgage on 203, The Cove Building 2

Starts from the last sale price (AED 1.16M, 23 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,155,888
Deposit, UAE resident (20%)
AED 231,178
Deposit, non-resident (40%)
AED 462,355
Monthly over 25 years at 3.7%
AED 4,729

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