2-bed · 1,217 sqftThe Cove Building 2, Dubai Creek Harbour · 5th floor · completed 2021

511, 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.

Unit 511 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 2.25M25 July 2017
Current rentAED 107K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, The Cove Building 2

What is 511 worth today?

Last sold for AED 2,248,888 in 2017

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15 Oct 2026RentedRenewal
AED 107,100/yr12 months · AED 88 per sqft
15 Oct 2026RentedRenewal
AED 156,788/yr5 months · AED 129 per sqft
15 Oct 2025RentedRenewal
AED 102,000/yr12 months · AED 84 per sqft
15 Oct 2025RentedRenewal
AED 157,500/yr12 months · AED 129 per sqft
15 Oct 2024RentedNew contract
AED 150,000/yr12 months · AED 123 per sqft
30 Sep 2023RentedRenewal
AED 134,000/yr12 months · AED 110 per sqft
30 Sep 2022RentedNew contract
AED 128,000/yr12 months · AED 105 per sqft
18 Jul 2022RentedNew contract
AED 140,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,217 sqft
Floor
5th of 9
Parking
B2-97
Developer
Emaar
Completed
2021
Service charge
AED 26,800 /yr
Last sold
AED 2.25M · July 2017

About 511, The Cove Building 2

511 is a two-bedroom apartment of 1,217 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 25 July 2017 for AED 2,248,888, or AED 1,848 per sqft, in line with the AED 1,848 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 8 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 107,100 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 26,800 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical two-bed in The Cove Building 2
2M2.5M3M2017202020232026Typical sale price by year: 2017 AED 1,997,388; 2018 AED 2,253,888; 2019 AED 2,378,888; 2021 AED 2,562,888; 2022 AED 2,714,888; 2023 AED 2,770,000; 2024 AED 3,016,944; 2026 AED 2,950,000Sold by developer, July 2017: AED 2,248,888 (AED 1,848 per sqft)

511 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 511, each contractTypical two-bed in The Cove Building 2
100K150K202220242026Typical rent by year: 2022 AED 116,500; 2023 AED 145,000; 2024 AED 145,000; 2025 AED 160,000; 2026 AED 156,788New contract, July 2022: AED 140,000 a yearNew contract, September 2022: AED 128,000 a yearRenewal, September 2023: AED 134,000 a yearNew contract, October 2024: AED 150,000 a yearRenewal, October 2025: AED 102,000 a yearRenewal, October 2025: AED 157,500 a yearRenewal, October 2026: AED 107,100 a yearRenewal, October 2026: AED 156,788 a year

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 511 sits

All 43 2-beds →

511 last sold in July 2017 at AED 1,848 per sqft, in line with what two-beds in The Cove Building 2 were fetching at the time (AED 1,848). 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. 511's AED 107,100 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20262,950,000
20 Feb 20263,550,000
2 Feb 20262,900,000
29 Oct 20253,050,000
3 2-bed sales in the last 12 months

The Cove Building 2

Building

88 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%
The Cove Building 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 5th floor

All 88 units in The Cove Building 2
Value
5013-bedAED 5.07M · Oct 2023
5023-bedAED 4.43M · Mar 2022
5031-bedAED 1.25M · Feb 2023
5041-bedAED 1.75M · Feb 2026
5053-bedAED 3.82M · Mar 2026
5061-bedAED 1.35M · Nov 2022
5072-bedAED 1.73M · Jul 2017
1–7 of 10

511, The Cove Building 2 in numbers

  • Sold once: by Emaar on 25 July 2017 for AED 2,248,888, or AED 1,848 per sqft.
  • Rented since July 2022 on 8 Ejari contracts, from AED 140,000 to AED 107,100 a year.
  • At AED 107,100 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 26,800 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 15 October 2026.

Questions about 511, The Cove Building 2

What did unit 511 last sell for?

AED 2,248,888 on 25 July 2017, sold by the developer: AED 1,848 per sqft for 1,217 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 107,100 a year on the contract renewed on 15 October 2026. The previous contract, from October 2026, was AED 156,788; the unit has been rented since July 2022.

How big is unit 511?

1,217 sqft (113.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2021.

What is unit 511 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 511, The Cove Building 2

Starts from the last sale price (AED 2.25M, 25 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,248,888
Deposit, UAE resident (20%)
AED 449,778
Deposit, non-resident (40%)
AED 899,555
Monthly over 25 years at 3.7%
AED 9,201

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →