401, The Cove Building 3
Sold prices and rental history: sold once, by the developer in March 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 401, The Cove Building 3
What is 401 worth today?
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Source: Dubai Land Department. Updated 8 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,306 sqft
- Floor
- 4th of 6
- Parking
- B1-18
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 28,700 /yr
- Last sold
- AED 1.78M · March 2017
- Building
- The Cove Building 3
About 401, The Cove Building 3
401 is a two-bedroom apartment of 1,306 sqft on the 4th floor of The Cove Building 3, a 6-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 7 March 2017 for AED 1,784,888, or AED 1,366 per sqft, 24% below the AED 1,789 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 8 April 2025, is AED 136,500 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 28,700 a year.
Sales and rents for 401 over time
401 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 3, and where 401 sits
All 22 2-beds →401 last sold in March 2017 at AED 1,366 per sqft, 24% below what two-beds in The Cove Building 3 were fetching at the time (AED 1,789). Over the last 12 months two-beds sold for AED 2,750,000 to 3,000,000, around AED 2,172 per sqft, and rent for AED 118,800 to 200,000 a year. 401's AED 136,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20264 June 2026 | 1,344 sqft | 3,000,000 | 2,232 | ||
| 20 Jan 202620 January 2026 | 1,302 sqft | 2,750,000 | 2,112 | ||
| 28 Apr 202528 April 2025 | 1,596 sqft | 2,950,000 | 1,848 | ||
| 18 Feb 202518 February 2025 | 1,302 sqft | 3,250,000 | 2,496 |
The Cove Building 3
Building54 apartments, 1-bed to 4-bed over 6 floors in Dubai Creek Harbour, completed in 2021 by Emaar. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,232
- Typical sale
- AED 3M
- Typical rent
- AED 168K /yr
- Typical yield
- 5.2%
Other units on the 4th floor
All 54 units in The Cove Building 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,302 sqft | AED 3.25MAED 3,250,000 · Feb 2025February 2025 | 126,000 /yr | |
| 403 | 2-bed | 1,344 sqft | AED 3.1MAED 3,100,000 · May 2024May 2024 | 180,000 /yr | |
| 404 | 3-bed | 1,742 sqft | AED 3.29MAED 3,288,888 · Feb 2017February 2017 | ||
| 405 | 3-bed | 1,869 sqft | AED 3.44MAED 3,439,888 · Mar 2017March 2017 | ||
| 406 | 3-bed | 1,871 sqft | AED 3.45MAED 3,447,888 · Jan 2017January 2017 | 280,000 /yr | |
| 407 | 1-bed | 770 sqft | AED 1.32MAED 1,317,888 · Apr 2018April 2018 | 84,000 /yr | |
| 408 | 1-bed | 776 sqft | AED 1.3MAED 1,304,888 · Feb 2017February 2017 | 75,000 /yr |
401, The Cove Building 3 in numbers
- Sold once: by Emaar on 7 March 2017 for AED 1,784,888, or AED 1,366 per sqft.
- Rented since April 2022 on 5 Ejari contracts, from AED 130,000 to AED 136,500 a year.
- At AED 136,500 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 28,700 a year (AED 22.00 per sqft).
- Two-beds in The Cove Building 3 sold for AED 2,750,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,232 per sqft.
Source: Dubai Land Department. Updated 8 April 2025.
Questions about 401, The Cove Building 3
What did unit 401 last sell for?
AED 1,784,888 on 7 March 2017, sold by the developer: AED 1,366 per sqft for 1,306 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 136,500 a year on the contract renewed on 8 April 2025. The previous contract, from April 2025, was AED 136,500; the unit has been rented since April 2022.
How big is unit 401?
1,306 sqft (121.3 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.
What is unit 401 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 3 sold for AED 2,750,000 to 3,000,000 in the last 12 months, around AED 2,172 per sqft.
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Mortgage on 401, The Cove Building 3
Starts from the last sale price (AED 1.78M, 7 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,784,888
- Deposit, UAE resident (20%)
- AED 356,978
- Deposit, non-resident (40%)
- AED 713,955
- Monthly over 25 years at 3.7%
- AED 7,303
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →