407, The Cove Building 2
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, The Cove Building 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 5 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,251 sqft
- Floor
- 4th of 9
- Parking
- B1-101
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 27,500 /yr
- Last sold
- AED 1.73M · October 2018
- Building
- The Cove Building 2
About 407, The Cove Building 2
407 is a two-bedroom apartment of 1,251 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 17 October 2018 for AED 1,728,888, or AED 1,381 per sqft, 15% below the AED 1,616 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 5 February 2026, is AED 160,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 27,500 a year.
Sales and rents for 407 over time
407 has sold once; 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 407 sits
All 43 2-beds →407 last sold in October 2018 at AED 1,381 per sqft, 15% below what two-beds in The Cove Building 2 were fetching at the time (AED 1,616). 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. 407's AED 160,000 is in the upper 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 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 | ||
| 406 | 1-bed | 790 sqft | AED 1.18MAED 1,182,888 · Jun 2018June 2018 | 80,000 /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 |
407, The Cove Building 2 in numbers
- Sold once: by Emaar on 17 October 2018 for AED 1,728,888, or AED 1,381 per sqft.
- Rented since October 2023 on 4 Ejari contracts, from AED 177,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2018 price is 9.3%, before a service charge of about AED 27,500 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 5 February 2026.
Questions about 407, The Cove Building 2
What did unit 407 last sell for?
AED 1,728,888 on 17 October 2018, sold by the developer: AED 1,381 per sqft for 1,251 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 160,000 a year on the contract signed on 5 February 2026. The previous contract, from February 2025, was AED 160,000; the unit has been rented since October 2023.
How big is unit 407?
1,251 sqft (116.2 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.
What is unit 407 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 407, The Cove Building 2
Starts from the last sale price (AED 1.73M, 17 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,728,888
- Deposit, UAE resident (20%)
- AED 345,778
- Deposit, non-resident (40%)
- AED 691,555
- Monthly over 25 years at 3.7%
- AED 7,073
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →