
506, The Cove Building 2
Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, The Cove Building 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 10 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 790 sqft
- Floor
- 5th of 9
- Parking
- B1-61
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 17,400 /yr
- Last sold
- AED 1.35M · November 2022
- Building
- The Cove Building 2
About 506, The Cove Building 2
506 is a one-bedroom apartment of 790 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 10 November 2022 for AED 1,350,000, or AED 1,708 per sqft, in line with the AED 1,708 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 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 506 sits
All 23 1-beds →506 last sold in November 2022 at AED 1,708 per sqft, in line with what one-beds in The Cove Building 2 were fetching at the time (AED 1,708). 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.
| 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 | ||
| 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 | ||
| 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 |
506, The Cove Building 2 in numbers
- Sold twice: first on 30 October 2018 for AED 1,184,888, last on 10 November 2022 for AED 1,350,000 (AED 1,708 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 10 November 2022.
Questions about 506, The Cove Building 2
What did unit 506 last sell for?
AED 1,350,000 on 10 November 2022: AED 1,708 per sqft for 790 sqft. The unit has 2 registered sales; the first was AED 1,184,888 in October 2018.
How big is unit 506?
790 sqft (73.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 506 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 506, The Cove Building 2
Starts from the last sale price (AED 1.35M, 10 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →