3-bed · 1,746 sqftThe Cove Building 2, Dubai Creek Harbour · 4th floor · completed 2021

405, The Cove Building 2

Sold prices and rental history: sold twice, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 4 October 2022
Last soldAED 3.35M4 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, The Cove Building 2

What is 405 worth today?

Last sold for AED 3,350,000 in 2022

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4 Oct 2022SoldReady
AED 3,350,000AED 1,918 per sqft
10 Nov 2021Sold by developerOff-plan
AED 2,875,888AED 1,646 per sqft

Source: Dubai Land Department. Updated 4 October 2022.

Key facts

Type
3-bed apartment
Size
1,746 sqft
Floor
4th of 9
Parking
B2-44, B2-45
Developer
Emaar
Completed
2021
Service charge
AED 38,400 /yr
Last sold
AED 3.35M · October 2022

About 405, The Cove Building 2

405 is a three-bedroom apartment of 1,746 sqft on the 4th floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 4 October 2022 for AED 3,350,000, or AED 1,918 per sqft, in line with the AED 1,868 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical three-bed in The Cove Building 2
3M4M5M2021202320252027Typical sale price by year: 2021 AED 3,630,388; 2022 AED 3,953,183; 2023 AED 3,579,000; 2024 AED 4,800,000; 2026 AED 3,820,000Sold by developer, November 2021: AED 2,875,888 (AED 1,646 per sqft)Sold, October 2022: AED 3,350,000 (AED 1,918 per sqft)

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

Rents
Unit 405, each contractTypical three-bed in The Cove Building 2
200K220K240K202220242026Typical rent by year: 2022 AED 200,000; 2023 AED 235,000; 2024 AED 225,000; 2025 AED 227,500; 2026 AED 235,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Cove Building 2, and where 405 sits

All 20 3-beds →

405 last sold in October 2022 at AED 1,918 per sqft, in line with what three-beds in The Cove Building 2 were fetching at the time (AED 1,868). Over the last 12 months three-beds sold for AED 3,700,000 to 5,000,000, around AED 2,187 per sqft, and rent for AED 198,000 to 310,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Mar 20263,820,000
23 Jan 20263,700,000
8 Jan 20265,000,000
13 Dec 20244,800,000
3 3-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
4041-bedAED 1.07M · Jan 2019
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

405, The Cove Building 2 in numbers

  • Sold twice: first on 10 November 2021 for AED 2,875,888, last on 4 October 2022 for AED 3,350,000 (AED 1,918 per sqft).
  • Three-beds in The Cove Building 2 sold for AED 3,700,000–5,000,000 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 4 October 2022.

Questions about 405, The Cove Building 2

What did unit 405 last sell for?

AED 3,350,000 on 4 October 2022: AED 1,918 per sqft for 1,746 sqft. The unit has 2 registered sales; the first was AED 2,875,888 in November 2021.

How big is unit 405?

1,746 sqft (162.2 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Cove Building 2 sold for AED 3,700,000 to 5,000,000 in the last 12 months, around AED 2,187 per sqft.

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Mortgage on 405, The Cove Building 2

Starts from the last sale price (AED 3.35M, 4 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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