2-bed · 1,287 sqftThe Cove Building 2, Dubai Creek Harbour · 2nd floor · completed 2021

208, The Cove Building 2

Sold prices and rental history: sold twice, last in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 2.83M2 October 2024
Current rentAED 140K /yr3 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, The Cove Building 2

What is 208 worth today?

Last sold for AED 2,825,000 in 2024

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2 Oct 2024SoldReady
AED 2,825,000AED 2,194 per sqft
3 Aug 2023RentedNew contract
AED 140,000/yr12 months · AED 108 per sqft
4 Jul 2022RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
1 Oct 2017Sold by developerOff-plan
AED 1,735,888AED 1,377 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
2nd of 9
Parking
B1-95
Developer
Emaar
Completed
2021
Service charge
AED 28,300 /yr
Last sold
AED 2.83M · October 2024

About 208, The Cove Building 2

208 is a two-bedroom apartment of 1,287 sqft on the 2nd floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 2 October 2024 for AED 2,825,000, or AED 2,194 per sqft, 8% below the AED 2,383 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 3 August 2023, is AED 140,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 28,300 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in The Cove Building 2
2M3M2017202020232026Typical sale price by year: 2017 AED 1,997,388; 2018 AED 2,253,888; 2019 AED 2,378,888; 2021 AED 2,562,888; 2022 AED 2,714,888; 2023 AED 2,770,000; 2024 AED 3,016,944; 2026 AED 2,950,000Sold by developer, October 2017: AED 1,735,888 (AED 1,377 per sqft)Sold, October 2024: AED 2,825,000 (AED 2,194 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in The Cove Building 2
125K150K202220242026Typical rent by year: 2022 AED 116,500; 2023 AED 145,000; 2024 AED 145,000; 2025 AED 160,000; 2026 AED 156,788New contract, July 2022: AED 115,000 a yearNew contract, August 2023: AED 140,000 a year

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 2, and where 208 sits

All 43 2-beds →

208 last sold in October 2024 at AED 2,194 per sqft, 8% below what two-beds in The Cove Building 2 were fetching at the time (AED 2,383). Over the last 12 months two-beds sold for AED 2,900,000 to 3,550,000, around AED 2,445 per sqft, and rent for AED 107,100 to 200,539 a year. 208's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20262,950,000
20 Feb 20263,550,000
2 Feb 20262,900,000
29 Oct 20253,050,000
3 2-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
2031-bedAED 1.16M · Jan 2020
2041-bedAED 1.55M · Feb 2025
2053-bedAED 3.08M · Feb 2022
2061-bedAED 1.18M · May 2018
2072-bedAED 1.72M · Sep 2017
1–7 of 10

208, The Cove Building 2 in numbers

  • Sold twice: first on 1 October 2017 for AED 1,735,888, last on 2 October 2024 for AED 2,825,000 (AED 2,194 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, from AED 115,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 28,300 a year (AED 22.00 per sqft).
  • Two-beds in The Cove Building 2 sold for AED 2,900,000–3,550,000 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 2 October 2024.

Questions about 208, The Cove Building 2

What did unit 208 last sell for?

AED 2,825,000 on 2 October 2024: AED 2,194 per sqft for 1,287 sqft. The unit has 2 registered sales; the first was AED 1,735,888 in October 2017.

What is the rent for unit 208?

AED 140,000 a year on the contract signed on 3 August 2023. The previous contract, from July 2022, was AED 115,000.

How big is unit 208?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2021.

What is unit 208 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 2 sold for AED 2,900,000 to 3,550,000 in the last 12 months, around AED 2,445 per sqft.

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Mortgage on 208, The Cove Building 2

Starts from the last sale price (AED 2.83M, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,825,000
Deposit, UAE resident (20%)
AED 565,000
Deposit, non-resident (40%)
AED 1,130,000
Monthly over 25 years at 3.7%
AED 11,558

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