1-bed · 724 sqftThe Cove Building 2, Dubai Creek Harbour · 3rd floor · completed 2021

304, The Cove Building 2

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

Unit 304 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 1.45M7 May 2024
Current rentAED 75K /yr23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, The Cove Building 2

What is 304 worth today?

Last sold for AED 1,450,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 May 2024SoldReady
AED 1,450,000AED 2,002 per sqft
23 Jun 2023RentedRenewal
AED 75,000/yr12 months · AED 104 per sqft
23 Jun 2022RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
29 Jan 2019Sold by developerOff-plan
AED 1,066,888AED 1,473 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
3rd of 9
Parking
B1-1
Developer
Emaar
Completed
2021
Service charge
AED 15,900 /yr
Last sold
AED 1.45M · May 2024

About 304, The Cove Building 2

304 is a one-bedroom apartment of 724 sqft on the 3rd floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 7 May 2024 for AED 1,450,000, or AED 2,002 per sqft, 4% above the AED 1,932 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 23 June 2023, is AED 75,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 15,900 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in The Cove Building 2
1M1.25M1.5M2017202020232026Typical 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 2019: AED 1,066,888 (AED 1,473 per sqft)Sold, May 2024: AED 1,450,000 (AED 2,002 per sqft)

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

Rents
Unit 304, 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, June 2022: AED 70,000 a yearRenewal, June 2023: AED 75,000 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 304 sits

All 23 1-beds →

304 last sold in May 2024 at AED 2,002 per sqft, 4% above what one-beds in The Cove Building 2 were fetching at the time (AED 1,932). 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. 304's AED 75,000 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 3rd floor

All 88 units in The Cove Building 2
Value
3013-bedAED 3.54M · Jul 2017
3023-bedAED 4.28M · Dec 2021
3031-bedAED 1.4M · May 2024
3053-bedAED 2.76M · Oct 2021
3061-bedAED 1.18M · Aug 2019
3072-bedAED 1.9M · Nov 2022
3082-bedAED 2.4M · Aug 2023
1–7 of 10

304, The Cove Building 2 in numbers

  • Sold twice: first on 29 January 2019 for AED 1,066,888, last on 7 May 2024 for AED 1,450,000 (AED 2,002 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 70,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 15,900 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 7 May 2024.

Questions about 304, The Cove Building 2

What did unit 304 last sell for?

AED 1,450,000 on 7 May 2024: AED 2,002 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 1,066,888 in January 2019.

What is the rent for unit 304?

AED 75,000 a year on the contract renewed on 23 June 2023. The previous contract, from June 2022, was AED 70,000.

How big is unit 304?

724 sqft (67.3 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.

What is unit 304 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.

Selling 304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 304, The Cove Building 2

Starts from the last sale price (AED 1.45M, 7 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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