501, The Cove Building 2
Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, The Cove Building 2
What is 501 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,890 sqft
- Floor
- 5th of 9
- Parking
- B2-57, B2-58
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 41,600 /yr
- Last sold
- AED 5.07M · October 2023
- Building
- The Cove Building 2
About 501, The Cove Building 2
501 is a three-bedroom apartment of 1,890 sqft on the 5th floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 18 October 2023 for AED 5,068,888, or AED 2,682 per sqft, 51% above the AED 1,778 three-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 220,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 41,600 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the three-bed median of each year in the building.
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 501 sits
All 20 3-beds →501 last sold in October 2023 at AED 2,682 per sqft, 51% above what three-beds in The Cove Building 2 were fetching at the time (AED 1,778). 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. 501's AED 220,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,746 sqft | 3,820,000 | 2,187 | ||
| 23 Jan 202623 January 2026 | 1,746 sqft | 3,700,000 | 2,118 | ||
| 8 Jan 20268 January 2026 | 2,199 sqft | 5,000,000 | 2,273 | ||
| 13 Dec 202413 December 2024 | 1,890 sqft | 4,800,000 | 2,539 |
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 5th floor
All 88 units in The Cove Building 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,891 sqft | AED 4.43MAED 4,426,888 · Mar 2022March 2022 | ||
| 503 | 1-bed | 738 sqft | AED 1.25MAED 1,250,000 · Feb 2023February 2023 | 110,000 /yr | |
| 504 | 1-bed | 724 sqft | AED 1.75MAED 1,750,000 · Feb 2026February 2026 | 80,850 /yr | |
| 505 | 3-bed | 1,746 sqft | AED 3.82MAED 3,820,000 · Mar 2026March 2026 | ||
| 506 | 1-bed | 790 sqft | AED 1.35MAED 1,350,000 · Nov 2022November 2022 | ||
| 507 | 2-bed | 1,251 sqft | AED 1.73MAED 1,731,888 · Jul 2017July 2017 | ||
| 508 | 2-bed | 1,260 sqft | AED 1.75MAED 1,745,888 · Oct 2017October 2017 | 175,000 /yr | |
| 509 | 2-bed | 1,312 sqft | AED 2.36MAED 2,363,888 · Jul 2017July 2017 | 159,557 /yr | |
| 510 | 2-bed | 1,206 sqft | AED 2.26MAED 2,261,888 · Jul 2017July 2017 | 168,000 /yr | |
| 511 | 2-bed | 1,217 sqft | AED 2.25MAED 2,248,888 · Jul 2017July 2017 | 156,788 /yr |
501, The Cove Building 2 in numbers
- Sold once: by Emaar on 18 October 2023 for AED 5,068,888, or AED 2,682 per sqft.
- Rented since March 2025 on 2 Ejari contracts, at AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 41,600 a year (AED 22.00 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 15 March 2025.
Questions about 501, The Cove Building 2
What did unit 501 last sell for?
AED 5,068,888 on 18 October 2023, sold by the developer: AED 2,682 per sqft for 1,890 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 220,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 220,000.
How big is unit 501?
1,890 sqft (175.6 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 501 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 501, The Cove Building 2
Starts from the last sale price (AED 5.07M, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,068,888
- Deposit, UAE resident (20%)
- AED 1,013,778
- Deposit, non-resident (40%)
- AED 2,027,555
- Monthly over 25 years at 3.7%
- AED 20,738
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →