1-bed · 724 sqftThe Cove Building 2, Dubai Creek Harbour · 8th floor · completed 2021

803, The Cove Building 2

Sold prices and rental history: sold twice, last in July 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 1.19M29 July 2020
Current rentAED 95K /yr31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, The Cove Building 2

What is 803 worth today?

Last sold for AED 1,185,888 in 2020

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31 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 132 per sqft
15 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 118 per sqft
15 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
29 Jul 2020SoldOff-plan
AED 1,185,888AED 1,638 per sqft
14 Jul 2020Sold by developerOff-plan
AED 1,135,888AED 1,569 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
8th of 9
Parking
B1-49
Developer
Emaar
Completed
2021
Service charge
AED 15,900 /yr
Last sold
AED 1.19M · July 2020

About 803, The Cove Building 2

803 is a one-bedroom apartment of 724 sqft on the 8th floor of The Cove Building 2, a 9-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 29 July 2020 for AED 1,185,888, or AED 1,638 per sqft, 4% above the AED 1,569 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 31 October 2024, is AED 95,000 a year: a gross yield of 8.0% on the 2020 price, before the service charge of about AED 15,900 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, July 2020: AED 1,185,888 (AED 1,638 per sqft)Sold by developer, July 2020: AED 1,135,888 (AED 1,569 per sqft)

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

Rents
Unit 803, 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, September 2022: AED 80,000 a yearRenewal, September 2023: AED 85,000 a yearNew contract, October 2024: AED 95,000 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 803 sits

All 23 1-beds →

803 last sold in July 2020 at AED 1,638 per sqft, 4% above what one-beds in The Cove Building 2 were fetching at the time (AED 1,569). 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. 803's AED 95,000 is in the upper half 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 8th floor

All 88 units in The Cove Building 2
Value
8013-bedAED 5.43M · Dec 2021
8022-bedAED 1.73M · Oct 2019
8043-bedAED 2.8M · Oct 2021
8051-bedAED 1.28M · Jun 2022
8062-bedAED 1.83M · Apr 2020
8072-bedAED 2.27M · Apr 2023
8082-bedAED 2.89M · Sep 2022
1–7 of 9

803, The Cove Building 2 in numbers

  • Sold twice: first on 14 July 2020 for AED 1,135,888, last on 29 July 2020 for AED 1,185,888 (AED 1,638 per sqft).
  • Rented since September 2022 on 3 Ejari contracts, from AED 80,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2020 price is 8.0%, before a service charge of about AED 15,900 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 31 October 2024.

Questions about 803, The Cove Building 2

What did unit 803 last sell for?

AED 1,185,888 on 29 July 2020: AED 1,638 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 1,135,888 in July 2020.

What is the rent for unit 803?

AED 95,000 a year on the contract signed on 31 October 2024. The previous contract, from September 2023, was AED 85,000; the unit has been rented since September 2022.

How big is unit 803?

724 sqft (67.3 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2021.

What is unit 803 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 803, The Cove Building 2

Starts from the last sale price (AED 1.19M, 29 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,888
Deposit, UAE resident (20%)
AED 237,178
Deposit, non-resident (40%)
AED 474,355
Monthly over 25 years at 3.7%
AED 4,852

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