509, The Cove Building 2
Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, The Cove Building 2
What is 509 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,312 sqft
- Floor
- 5th of 9
- Parking
- B2-102
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 28,900 /yr
- Last sold
- AED 2.36M · July 2017
- Building
- The Cove Building 2
About 509, The Cove Building 2
509 is a two-bedroom apartment of 1,312 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 12 July 2017 for AED 2,363,888, or AED 1,801 per sqft, in line with the AED 1,834 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 159,557 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 28,900 a year.
Sales and rents for 509 over time
509 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 509 sits
All 43 2-beds →509 last sold in July 2017 at AED 1,801 per sqft, in line with what two-beds in The Cove Building 2 were fetching at the time (AED 1,834). 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. 509's AED 159,557 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 | ||
| 508 | 2-bed | 1,260 sqft | AED 1.75MAED 1,745,888 · Oct 2017October 2017 | 175,000 /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 |
509, The Cove Building 2 in numbers
- Sold once: by Emaar on 12 July 2017 for AED 2,363,888, or AED 1,801 per sqft.
- Rented since July 2022 on 4 Ejari contracts, from AED 120,000 to AED 159,557 a year.
- At AED 159,557 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 28,900 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 25 November 2025.
Questions about 509, The Cove Building 2
What did unit 509 last sell for?
AED 2,363,888 on 12 July 2017, sold by the developer: AED 1,801 per sqft for 1,312 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 159,557 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 160,000; the unit has been rented since July 2022.
How big is unit 509?
1,312 sqft (121.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.
What is unit 509 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 509, The Cove Building 2
Starts from the last sale price (AED 2.36M, 12 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,363,888
- Deposit, UAE resident (20%)
- AED 472,778
- Deposit, non-resident (40%)
- AED 945,555
- Monthly over 25 years at 3.7%
- AED 9,671
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →