1-bed · 738 sqftThe Cove Building 2, Dubai Creek Harbour · 7th floor · completed 2021

703, The Cove Building 2

Sold prices and rental history: sold twice, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 1.5M4 March 2024
Current rentAED 75K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Cove Building 2

What is 703 worth today?

Last sold for AED 1,500,000 in 2024

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4 Mar 2024SoldReady
AED 1,500,000AED 2,033 per sqft
1 Apr 2023RentedRenewal
AED 75,380/yr9 months · AED 101 per sqft
1 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 101 per sqft
9 May 2018Sold by developerOff-plan
AED 1,102,888AED 1,494 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
1-bed apartment
Size
738 sqft
Floor
7th of 9
Parking
B1-56
Developer
Emaar
Completed
2021
Service charge
AED 16,200 /yr
Last sold
AED 1.5M · March 2024

About 703, The Cove Building 2

703 is a one-bedroom apartment of 738 sqft on the 7th floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 4 March 2024 for AED 1,500,000, or AED 2,033 per sqft, 13% above the AED 1,807 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 75,380 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 16,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in The Cove Building 2
1.25M1.5M2017202020232026Typical sale price by year: 2017 AED 1,089,888; 2018 AED 1,098,888; 2019 AED 1,180,888; 2020 AED 1,155,888; 2022 AED 1,350,000; 2023 AED 1,312,500; 2024 AED 1,450,000; 2025 AED 1,550,000Sold by developer, May 2018: AED 1,102,888 (AED 1,494 per sqft)Sold, March 2024: AED 1,500,000 (AED 2,033 per sqft)

703 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in The Cove Building 2
80K100K202220242026Typical rent by year: 2022 AED 73,000; 2023 AED 77,000; 2024 AED 87,125; 2025 AED 100,000; 2026 AED 91,500New contract, April 2022: AED 75,000 a yearRenewal, April 2023: AED 75,380 a year

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 703 sits

All 23 1-beds →

703 last sold in March 2024 at AED 2,033 per sqft, 13% above what one-beds in The Cove Building 2 were fetching at the time (AED 1,807). 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. 703's AED 75,380 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,750,000
16 Jan 20261,600,000
16 Dec 20251,550,000
18 Nov 20251,780,000
4 1-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
7012-bedAED 3.13M · Jun 2019
7022-bedAED 3.13M · Jun 2018
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

703, The Cove Building 2 in numbers

  • Sold twice: first on 9 May 2018 for AED 1,102,888, last on 4 March 2024 for AED 1,500,000 (AED 2,033 per sqft).
  • Rented since April 2022 on 2 Ejari contracts, from AED 75,000 to AED 75,380 a year.
  • At AED 75,380 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 16,200 a year (AED 22.00 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 4 March 2024.

Questions about 703, The Cove Building 2

What did unit 703 last sell for?

AED 1,500,000 on 4 March 2024: AED 2,033 per sqft for 738 sqft. The unit has 2 registered sales; the first was AED 1,102,888 in May 2018.

What is the rent for unit 703?

AED 75,380 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 75,000.

How big is unit 703?

738 sqft (68.6 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2021.

What is unit 703 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 703, The Cove Building 2

Starts from the last sale price (AED 1.5M, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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