508, The Cove Building 2
Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, The Cove Building 2
What is 508 worth today?
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Source: Dubai Land Department. Updated 23 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,260 sqft
- Floor
- 5th of 9
- Parking
- B1-123
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 27,700 /yr
- Last sold
- AED 1.75M · October 2017
- Building
- The Cove Building 2
About 508, The Cove Building 2
508 is a two-bedroom apartment of 1,260 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 16 October 2017 for AED 1,745,888, or AED 1,385 per sqft, 13% below the AED 1,601 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 23 January 2026, is AED 175,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 27,700 a year.
Sales and rents for 508 over time
508 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 508 sits
All 43 2-beds →508 last sold in October 2017 at AED 1,385 per sqft, 13% below what two-beds in The Cove Building 2 were fetching at the time (AED 1,601). 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. 508's AED 175,000 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 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 | ||
| 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 | ||
| 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 |
508, The Cove Building 2 in numbers
- Sold once: by Emaar on 16 October 2017 for AED 1,745,888, or AED 1,385 per sqft.
- Rented since October 2024 on 2 Ejari contracts, at AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 27,700 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 23 January 2026.
Questions about 508, The Cove Building 2
What did unit 508 last sell for?
AED 1,745,888 on 16 October 2017, sold by the developer: AED 1,385 per sqft for 1,260 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 175,000 a year on the contract signed on 23 January 2026. The previous contract, from October 2024, was AED 175,000.
How big is unit 508?
1,260 sqft (117.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 508 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 508, The Cove Building 2
Starts from the last sale price (AED 1.75M, 16 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,745,888
- Deposit, UAE resident (20%)
- AED 349,178
- Deposit, non-resident (40%)
- AED 698,355
- Monthly over 25 years at 3.7%
- AED 7,143
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →