406, The Cove Building 3
Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, The Cove Building 3
What is 406 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,871 sqft
- Floor
- 4th of 6
- Parking
- B2-8, B2-9
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 41,200 /yr
- Last sold
- AED 3.45M · January 2017
- Building
- The Cove Building 3
About 406, The Cove Building 3
406 is a three-bedroom apartment of 1,871 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 25 January 2017 for AED 3,447,888, or AED 1,843 per sqft, in line with the AED 1,836 three-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 July 2025, is AED 280,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 41,200 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Cove Building 3, and where 406 sits
All 18 3-beds →406 last sold in January 2017 at AED 1,843 per sqft, in line with what three-beds in The Cove Building 3 were fetching at the time (AED 1,836). Over the last 12 months three-beds sold for AED 4,400,000, around AED 2,352 per sqft, and rent for AED 180,000 to 300,000 a year. 406's AED 280,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 1,871 sqft | 4,400,000 | 2,352 | ||
| 14 Apr 202614 April 2026 | 1,871 sqft | 4,400,000 | 2,352 | ||
| 22 Jul 202422 July 2024 | 1,871 sqft | 5,000,000 | 2,672 | ||
| 31 May 202431 May 2024 | 1,869 sqft | 4,500,000 | 2,408 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,306 sqft | AED 1.78MAED 1,784,888 · Mar 2017March 2017 | 136,500 /yr | |
| 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 | ||
| 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 |
406, The Cove Building 3 in numbers
- Sold once: by Emaar on 25 January 2017 for AED 3,447,888, or AED 1,843 per sqft.
- Rented since March 2023 on 3 Ejari contracts, from AED 270,000 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 41,200 a year (AED 22.00 per sqft).
- Three-beds in The Cove Building 3 sold for AED 4,400,000–4,400,000 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 1 July 2025.
Questions about 406, The Cove Building 3
What did unit 406 last sell for?
AED 3,447,888 on 25 January 2017, sold by the developer: AED 1,843 per sqft for 1,871 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 280,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 280,000; the unit has been rented since March 2023.
How big is unit 406?
1,871 sqft (173.8 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Cove Building 3 sold for AED 4,400,000 to 4,400,000 in the last 12 months, around AED 2,352 per sqft.
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Mortgage on 406, The Cove Building 3
Starts from the last sale price (AED 3.45M, 25 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,447,888
- Deposit, UAE resident (20%)
- AED 689,578
- Deposit, non-resident (40%)
- AED 1,379,155
- Monthly over 25 years at 3.7%
- AED 14,106
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →