2-bed · 1,302 sqftThe Cove Building 3, Dubai Creek Harbour · 4th floor · completed 2021

402, The Cove Building 3

Sold prices and rental history: sold twice, last in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 18 February 2025
Last soldAED 3.25M18 February 2025
Current rentAED 126K /yr23 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, The Cove Building 3

What is 402 worth today?

Last sold for AED 3,250,000 in 2025

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18 Feb 2025SoldReady
AED 3,250,000AED 2,496 per sqft
23 May 2023RentedRenewal
AED 126,000/yr12 months · AED 97 per sqft
23 May 2022RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
2 Feb 2017Sold by developerOff-plan
AED 2,338,888AED 1,796 per sqft

Source: Dubai Land Department. Updated 18 February 2025.

Key facts

Type
2-bed apartment
Size
1,302 sqft
Floor
4th of 6
Parking
B2-38
Developer
Emaar
Completed
2021
Service charge
AED 28,600 /yr
Last sold
AED 3.25M · February 2025

About 402, The Cove Building 3

402 is a two-bedroom apartment of 1,302 sqft on the 4th floor of The Cove Building 3, a 6-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 18 February 2025 for AED 3,250,000, or AED 2,496 per sqft, 4% above the AED 2,408 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 23 May 2023, is AED 126,000 a year: a gross yield of 3.9% on the 2025 price, before the service charge of about AED 28,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in The Cove Building 3
3M2017202020232026Typical sale price by year: 2017 AED 2,331,888; 2021 AED 3,569,888; 2022 AED 2,531,944; 2025 AED 3,170,000Sold by developer, February 2017: AED 2,338,888 (AED 1,796 per sqft)Sold, February 2025: AED 3,250,000 (AED 2,496 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in The Cove Building 3
120K140K160K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 125,000; 2024 AED 133,875; 2025 AED 155,000; 2026 AED 161,500New contract, May 2022: AED 120,000 a yearRenewal, May 2023: AED 126,000 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 3, and where 402 sits

All 22 2-beds →

402 last sold in February 2025 at AED 2,496 per sqft, 4% above what two-beds in The Cove Building 3 were fetching at the time (AED 2,408). 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. 402's AED 126,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Jun 20263,000,000
20 Jan 20262,750,000
28 Apr 20252,950,000
30 Jan 20253,170,000
2 2-bed sales in the last 12 months

The Cove Building 3

Building

54 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%
The Cove Building 3, Dubai Creek Harbour: prices, sales and rents →

Other units on the 4th floor

All 54 units in The Cove Building 3
Value
4012-bedAED 1.78M · Mar 2017
4032-bedAED 3.1M · May 2024
4043-bedAED 3.29M · Feb 2017
4053-bedAED 3.44M · Mar 2017
4063-bedAED 3.45M · Jan 2017
4071-bedAED 1.32M · Apr 2018
4081-bedAED 1.3M · Feb 2017

402, The Cove Building 3 in numbers

  • Sold twice: first on 2 February 2017 for AED 2,338,888, last on 18 February 2025 for AED 3,250,000 (AED 2,496 per sqft).
  • Rented since May 2022 on 2 Ejari contracts, from AED 120,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2025 price is 3.9%, before a service charge of about AED 28,600 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 18 February 2025.

Questions about 402, The Cove Building 3

What did unit 402 last sell for?

AED 3,250,000 on 18 February 2025: AED 2,496 per sqft for 1,302 sqft. The unit has 2 registered sales; the first was AED 2,338,888 in February 2017.

What is the rent for unit 402?

AED 126,000 a year on the contract renewed on 23 May 2023. The previous contract, from May 2022, was AED 120,000.

How big is unit 402?

1,302 sqft (121.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.

What is unit 402 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 402, The Cove Building 3

Starts from the last sale price (AED 3.25M, 18 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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