2-bed · 1,312 sqftThe Cove Building 2, Dubai Creek Harbour · 4th floor · completed 2021

409, The Cove Building 2

Sold prices and rental history: sold once, by the developer in May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 14 May 2018
Last soldAED 2.36M14 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, The Cove Building 2

What is 409 worth today?

Last sold for AED 2,358,888 in 2018

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14 May 2018Sold by developerOff-plan
AED 2,358,888AED 1,798 per sqft

Source: Dubai Land Department. Updated 14 May 2018.

Key facts

Type
2-bed apartment
Size
1,312 sqft
Floor
4th of 9
Parking
B2-103
Developer
Emaar
Completed
2021
Service charge
AED 28,900 /yr
Last sold
AED 2.36M · May 2018

About 409, The Cove Building 2

409 is a two-bedroom apartment of 1,312 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 14 May 2018 for AED 2,358,888, or AED 1,798 per sqft, in line with the AED 1,800 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in The Cove Building 2
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 1,997,388; 2018 AED 2,253,888; 2019 AED 2,378,888; 2021 AED 2,562,888; 2022 AED 2,714,888; 2023 AED 2,770,000; 2024 AED 3,016,944; 2026 AED 2,950,000Sold by developer, May 2018: AED 2,358,888 (AED 1,798 per sqft)

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

Rents
Unit 409, each contractTypical two-bed in The Cove Building 2
120K140K160K202220242026Typical rent by year: 2022 AED 116,500; 2023 AED 145,000; 2024 AED 145,000; 2025 AED 160,000; 2026 AED 156,788

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 409 sits

All 43 2-beds →

409 last sold in May 2018 at AED 1,798 per sqft, in line with what two-beds in The Cove Building 2 were fetching at the time (AED 1,800). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20262,950,000
20 Feb 20263,550,000
2 Feb 20262,900,000
29 Oct 20253,050,000
3 2-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
4053-bedAED 3.35M · Oct 2022
4061-bedAED 1.18M · Jun 2018
4072-bedAED 1.73M · Oct 2018
4082-bedAED 2.1M · Jun 2022
1–7 of 9

409, The Cove Building 2 in numbers

  • Sold once: by Emaar on 14 May 2018 for AED 2,358,888, or AED 1,798 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 14 May 2018.

Questions about 409, The Cove Building 2

What did unit 409 last sell for?

AED 2,358,888 on 14 May 2018, sold by the developer: AED 1,798 per sqft for 1,312 sqft. It is the only registered sale of the unit.

How big is unit 409?

1,312 sqft (121.9 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2021.

What is unit 409 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 409, The Cove Building 2

Starts from the last sale price (AED 2.36M, 14 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,358,888
Deposit, UAE resident (20%)
AED 471,778
Deposit, non-resident (40%)
AED 943,555
Monthly over 25 years at 3.7%
AED 9,651

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