406, The Cove Building 2
Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, The Cove Building 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 790 sqft
- Floor
- 4th of 9
- Parking
- B1-60
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.18M · June 2018
- Building
- The Cove Building 2
About 406, The Cove Building 2
406 is a one-bedroom apartment of 790 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 25 June 2018 for AED 1,182,888, or AED 1,496 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, signed on 25 July 2026, is AED 80,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 17,400 a year.
Sales and rents for 406 over time
406 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 406 sits
All 23 1-beds →406 last sold in June 2018 at AED 1,496 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. 406's AED 80,000 is at the bottom 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 4th floor
All 88 units in The Cove Building 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,890 sqft | AED 4.8MAED 4,800,000 · Dec 2024December 2024 | ||
| 403 | 1-bed | 738 sqft | AED 1.58MAED 1,575,000 · Jan 2025January 2025 | 93,500 /yr | |
| 404 | 1-bed | 724 sqft | AED 1.07MAED 1,068,888 · Jan 2019January 2019 | 86,098 /yr | |
| 405 | 3-bed | 1,746 sqft | AED 3.35MAED 3,350,000 · Oct 2022October 2022 | ||
| 407 | 2-bed | 1,251 sqft | AED 1.73MAED 1,728,888 · Oct 2018October 2018 | 160,000 /yr | |
| 408 | 2-bed | 1,287 sqft | AED 2.1MAED 2,100,000 · Jun 2022June 2022 | ||
| 409 | 2-bed | 1,312 sqft | AED 2.36MAED 2,358,888 · May 2018May 2018 | ||
| 410 | 2-bed | 1,206 sqft | AED 2.26MAED 2,256,888 · May 2018May 2018 | ||
| 411 | 2-bed | 1,217 sqft | AED 2.77MAED 2,770,000 · Jun 2023June 2023 |
406, The Cove Building 2 in numbers
- Sold once: by Emaar on 25 June 2018 for AED 1,182,888, or AED 1,496 per sqft.
- Rented since April 2022 on 5 Ejari contracts, from AED 65,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2018 price is 6.8%, 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 25 July 2026.
Questions about 406, The Cove Building 2
What did unit 406 last sell for?
AED 1,182,888 on 25 June 2018, sold by the developer: AED 1,496 per sqft for 790 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 80,000 a year on the contract signed on 25 July 2026. The previous contract, from June 2025, was AED 100,000; the unit has been rented since April 2022.
How big is unit 406?
790 sqft (73.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.
What is unit 406 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 406, The Cove Building 2
Starts from the last sale price (AED 1.18M, 25 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,182,888
- Deposit, UAE resident (20%)
- AED 236,578
- Deposit, non-resident (40%)
- AED 473,155
- Monthly over 25 years at 3.7%
- AED 4,840
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →