2-bed · 1,936 sqftThe Cove Building 2, Dubai Creek Harbour · 7th floor · completed 2021

701, The Cove Building 2

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 3.13M16 June 2019
Current rentAED 190K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, The Cove Building 2

What is 701 worth today?

Last sold for AED 3,126,888 in 2019

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5 Sep 2025RentedNew contract
AED 190,000/yr12 months · AED 98 per sqft
20 Oct 2024RentedRenewal
AED 160,000/yr12 months · AED 83 per sqft
20 Oct 2023RentedNew contract
AED 160,000/yr12 months · AED 83 per sqft
1 Sep 2022RentedNew contract
AED 140,000/yr12 months · AED 72 per sqft
16 Jun 2019Sold by developerOff-plan
AED 3,126,888AED 1,614 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
2-bed apartment
Size
1,936 sqft
Floor
7th of 9
Parking
B2-112
Developer
Emaar
Completed
2021
Service charge
AED 42,600 /yr
Last sold
AED 3.13M · June 2019

About 701, The Cove Building 2

701 is a two-bedroom apartment of 1,936 sqft on the 7th 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 June 2019 for AED 3,126,888, or AED 1,614 per sqft, in line with the AED 1,614 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 5 September 2025, is AED 190,000 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 42,600 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in The Cove Building 2
2M3M2017202020232026Typical 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, June 2019: AED 3,126,888 (AED 1,614 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in The Cove Building 2
150K200K202220242026Typical rent by year: 2022 AED 116,500; 2023 AED 145,000; 2024 AED 145,000; 2025 AED 160,000; 2026 AED 156,788New contract, September 2022: AED 140,000 a yearNew contract, October 2023: AED 160,000 a yearRenewal, October 2024: AED 160,000 a yearNew contract, September 2025: AED 190,000 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 701 sits

All 43 2-beds →

701 last sold in June 2019 at AED 1,614 per sqft, in line with what two-beds in The Cove Building 2 were fetching at the time (AED 1,614). 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. 701's AED 190,000 is in the upper half 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 7th floor

All 88 units in The Cove Building 2
Value
7022-bedAED 3.13M · Jun 2018
7031-bedAED 1.5M · Mar 2024
7041-bedAED 1.6M · Jan 2026
7053-bedAED 3.1M · Jul 2023
7061-bedAED 1.19M · Jan 2019
7072-bedAED 1.97M · Aug 2021
7082-bedAED 3.05M · Oct 2025
1–7 of 10

701, The Cove Building 2 in numbers

  • Sold once: by Emaar on 16 June 2019 for AED 3,126,888, or AED 1,614 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 140,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2019 price is 6.1%, before a service charge of about AED 42,600 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 5 September 2025.

Questions about 701, The Cove Building 2

What did unit 701 last sell for?

AED 3,126,888 on 16 June 2019, sold by the developer: AED 1,614 per sqft for 1,936 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 190,000 a year on the contract signed on 5 September 2025. The previous contract, from October 2024, was AED 160,000; the unit has been rented since September 2022.

How big is unit 701?

1,936 sqft (179.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 701 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 701, The Cove Building 2

Starts from the last sale price (AED 3.13M, 16 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,126,888
Deposit, UAE resident (20%)
AED 625,378
Deposit, non-resident (40%)
AED 1,250,755
Monthly over 25 years at 3.7%
AED 12,793

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