503, The Cove Building 2
Sold prices and rental history: sold twice, last in February 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Cove Building 2
What is 503 worth today?
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Source: Dubai Land Department. Updated 28 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 738 sqft
- Floor
- 5th of 9
- Parking
- B1-54
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.25M · February 2023
- Building
- The Cove Building 2
About 503, The Cove Building 2
503 is a one-bedroom apartment of 738 sqft on the 5th floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 15 February 2023 for AED 1,250,000, or AED 1,693 per sqft, in line with the AED 1,728 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 28 August 2026, is AED 110,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 16,200 a year.
Sales and rents for 503 over time
503 has sold twice; 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 503 sits
All 23 1-beds →503 last sold in February 2023 at AED 1,693 per sqft, in line with what one-beds in The Cove Building 2 were fetching at the time (AED 1,728). 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. 503's AED 110,000 is at the top 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 5th floor
All 88 units in The Cove Building 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,890 sqft | AED 5.07MAED 5,068,888 · Oct 2023October 2023 | 220,000 /yr | |
| 502 | 3-bed | 1,891 sqft | AED 4.43MAED 4,426,888 · Mar 2022March 2022 | ||
| 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 |
503, The Cove Building 2 in numbers
- Sold twice: first on 16 May 2018 for AED 1,098,888, last on 15 February 2023 for AED 1,250,000 (AED 1,693 per sqft).
- Rented since April 2022 on 3 Ejari contracts, from AED 80,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 16,200 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 28 August 2026.
Questions about 503, The Cove Building 2
What did unit 503 last sell for?
AED 1,250,000 on 15 February 2023: AED 1,693 per sqft for 738 sqft. The unit has 2 registered sales; the first was AED 1,098,888 in May 2018.
What is the rent for unit 503?
AED 110,000 a year on the contract renewed on 28 August 2026. The previous contract, from August 2025, was AED 110,000; the unit has been rented since April 2022.
How big is unit 503?
738 sqft (68.6 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 503 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 503, The Cove Building 2
Starts from the last sale price (AED 1.25M, 15 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →