1-bed · 724 sqftThe Cove Building 2, Dubai Creek Harbour · 4th floor · completed 2021

404, The Cove Building 2

Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 30 October 2026
Last soldAED 1.07M15 January 2019
Current rentAED 86K /yr30 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, The Cove Building 2

What is 404 worth today?

Last sold for AED 1,068,888 in 2019

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30 Oct 2026RentedRenewal
AED 86,098/yr5 months · AED 119 per sqft
30 Oct 2025RentedRenewal
AED 84,000/yr12 months · AED 116 per sqft
30 Oct 2024RentedNew contract
AED 84,000/yr12 months · AED 116 per sqft
15 Sep 2023RentedNew contract
AED 80,000/yr12 months · AED 110 per sqft
1 Aug 2022RentedNew contract
AED 71,000/yr12 months · AED 98 per sqft
15 Jan 2019Sold by developerOff-plan
AED 1,068,888AED 1,476 per sqft

Source: Dubai Land Department. Updated 30 October 2026.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
4th of 9
Parking
B1-106
Developer
Emaar
Completed
2021
Service charge
AED 15,900 /yr
Last sold
AED 1.07M · January 2019

About 404, The Cove Building 2

404 is a one-bedroom apartment of 724 sqft on the 4th floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 15 January 2019 for AED 1,068,888, or AED 1,476 per sqft, in line with the AED 1,487 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 30 October 2026, is AED 86,098 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 15,900 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 1,068,888 (AED 1,476 per sqft)

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

Rents
Unit 404, 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, August 2022: AED 71,000 a yearNew contract, September 2023: AED 80,000 a yearNew contract, October 2024: AED 84,000 a yearRenewal, October 2025: AED 84,000 a yearRenewal, October 2026: AED 86,098 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 404 sits

All 23 1-beds →

404 last sold in January 2019 at AED 1,476 per sqft, in line with what one-beds in The Cove Building 2 were fetching at the time (AED 1,487). 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. 404's AED 86,098 is in the lower half 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 4th floor

All 88 units in The Cove Building 2
Value
4013-bedAED 4.8M · Dec 2024
4031-bedAED 1.58M · Jan 2025
4053-bedAED 3.35M · Oct 2022
4061-bedAED 1.18M · Jun 2018
4072-bedAED 1.73M · Oct 2018
4082-bedAED 2.1M · Jun 2022
4092-bedAED 2.36M · May 2018
1–7 of 9

404, The Cove Building 2 in numbers

  • Sold once: by Emaar on 15 January 2019 for AED 1,068,888, or AED 1,476 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 71,000 to AED 86,098 a year.
  • At AED 86,098 a year the gross yield on the 2019 price is 8.1%, 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 30 October 2026.

Questions about 404, The Cove Building 2

What did unit 404 last sell for?

AED 1,068,888 on 15 January 2019, sold by the developer: AED 1,476 per sqft for 724 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 86,098 a year on the contract renewed on 30 October 2026. The previous contract, from October 2025, was AED 84,000; the unit has been rented since August 2022.

How big is unit 404?

724 sqft (67.3 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 404 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 404, The Cove Building 2

Starts from the last sale price (AED 1.07M, 15 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,068,888
Deposit, UAE resident (20%)
AED 213,778
Deposit, non-resident (40%)
AED 427,555
Monthly over 25 years at 3.7%
AED 4,373

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