308, The Cove Building 2
Sold prices and rental history: sold twice, last in August 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, The Cove Building 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 25 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,287 sqft
- Floor
- 3rd of 9
- Parking
- B1-96A
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 28,300 /yr
- Last sold
- AED 2.4M · August 2023
- Building
- The Cove Building 2
About 308, The Cove Building 2
308 is a two-bedroom apartment of 1,287 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 25 August 2023 for AED 2,400,000, or AED 1,864 per sqft, 16% below the AED 2,217 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 25 April 2023, is AED 109,412 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 28,300 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 308 sits
All 43 2-beds →308 last sold in August 2023 at AED 1,864 per sqft, 16% below what two-beds in The Cove Building 2 were fetching at the time (AED 2,217). 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. 308's AED 109,412 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20269 April 2026 | 1,206 sqft | 2,950,000 | 2,445 | ||
| 20 Feb 202620 February 2026 | 1,217 sqft | 3,550,000 | 2,917 | ||
| 2 Feb 20262 February 2026 | 1,313 sqft | 2,900,000 | 2,207 | ||
| 29 Oct 202529 October 2025 | 1,287 sqft | 3,050,000 | 2,370 |
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 | |
| 306 | 1-bed | 790 sqft | AED 1.18MAED 1,180,888 · Aug 2019August 2019 | 90,000 /yr | |
| 307 | 2-bed | 1,251 sqft | AED 1.9MAED 1,900,000 · Nov 2022November 2022 | 170,000 /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 |
308, The Cove Building 2 in numbers
- Sold twice: first on 14 May 2018 for AED 1,738,888, last on 25 August 2023 for AED 2,400,000 (AED 1,864 per sqft).
- Rented since April 2022 on 2 Ejari contracts, from AED 110,000 to AED 109,412 a year.
- At AED 109,412 a year the gross yield on the 2023 price is 4.6%, 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 25 August 2023.
Questions about 308, The Cove Building 2
What did unit 308 last sell for?
AED 2,400,000 on 25 August 2023: AED 1,864 per sqft for 1,287 sqft. The unit has 2 registered sales; the first was AED 1,738,888 in May 2018.
What is the rent for unit 308?
AED 109,412 a year on the contract renewed on 25 April 2023. The previous contract, from April 2022, was AED 110,000.
How big is unit 308?
1,287 sqft (119.6 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2021.
What is unit 308 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 308, The Cove Building 2
Starts from the last sale price (AED 2.4M, 25 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →