306, The Cove Building 2
Sold prices and rental history: sold once, by the developer in August 2019, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, The Cove Building 2
What is 306 worth today?
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Source: Dubai Land Department. Updated 3 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 790 sqft
- Floor
- 3rd of 9
- Parking
- B1-59
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.18M · August 2019
- Building
- The Cove Building 2
About 306, The Cove Building 2
306 is a one-bedroom apartment of 790 sqft on the 3rd floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 26 August 2019 for AED 1,180,888, or AED 1,494 per sqft, in line with the AED 1,490 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 September 2024. The current contract, signed on 3 September 2024, is AED 90,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 17,400 a year.
Sales and rents for 306 over time
306 has sold once; the dashed line is the one-bed median of each year in the building.
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 306 sits
All 23 1-beds →306 last sold in August 2019 at AED 1,494 per sqft, in line with what one-beds in The Cove Building 2 were fetching at the time (AED 1,490). 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. 306's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 724 sqft | 1,750,000 | 2,417 | ||
| 16 Jan 202616 January 2026 | 724 sqft | 1,600,000 | 2,210 | ||
| 16 Dec 202516 December 2025 | 738 sqft | 1,550,000 | 2,099 | ||
| 18 Nov 202518 November 2025 | 724 sqft | 1,780,000 | 2,458 |
The Cove Building 2
Building88 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%
Other units on the 3rd floor
All 88 units in The Cove Building 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,890 sqft | AED 3.54MAED 3,537,888 · Jul 2017July 2017 | ||
| 302 | 3-bed | 1,891 sqft | AED 4.28MAED 4,277,888 · Dec 2021December 2021 | ||
| 303 | 1-bed | 738 sqft | AED 1.4MAED 1,400,000 · May 2024May 2024 | 100,000 /yr | |
| 304 | 1-bed | 724 sqft | AED 1.45MAED 1,450,000 · May 2024May 2024 | 75,000 /yr | |
| 305 | 3-bed | 1,746 sqft | AED 2.76MAED 2,764,888 · Oct 2021October 2021 | 198,000 /yr | |
| 307 | 2-bed | 1,251 sqft | AED 1.9MAED 1,900,000 · Nov 2022November 2022 | 170,000 /yr | |
| 308 | 2-bed | 1,287 sqft | AED 2.4MAED 2,400,000 · Aug 2023August 2023 | 109,412 /yr | |
| 309 | 2-bed | 1,312 sqft | AED 3.37MAED 3,371,888 · Jul 2024July 2024 | ||
| 310 | 2-bed | 1,206 sqft | AED 2.25MAED 2,252,888 · Jul 2017July 2017 | 170,000 /yr | |
| 311 | 2-bed | 1,217 sqft | AED 2.24MAED 2,240,888 · Jul 2017July 2017 |
306, The Cove Building 2 in numbers
- Sold once: by Emaar on 26 August 2019 for AED 1,180,888, or AED 1,494 per sqft.
- Rented since September 2024 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2019 price is 7.6%, before a service charge of about AED 17,400 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 3 September 2024.
Questions about 306, The Cove Building 2
What did unit 306 last sell for?
AED 1,180,888 on 26 August 2019, sold by the developer: AED 1,494 per sqft for 790 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 90,000 a year on the contract signed on 3 September 2024.
How big is unit 306?
790 sqft (73.4 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.
What is unit 306 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 306, The Cove Building 2
Starts from the last sale price (AED 1.18M, 26 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,180,888
- Deposit, UAE resident (20%)
- AED 236,178
- Deposit, non-resident (40%)
- AED 472,355
- Monthly over 25 years at 3.7%
- AED 4,831
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →