407, The Cove Building 3
Sold prices and rental history: sold once, by the developer in April 2018, 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 407, The Cove Building 3
What is 407 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 770 sqft
- Floor
- 4th of 6
- Parking
- B1-38
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 16,900 /yr
- Last sold
- AED 1.32M · April 2018
- Building
- The Cove Building 3
About 407, The Cove Building 3
407 is a one-bedroom apartment of 770 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 12 April 2018 for AED 1,317,888, or AED 1,712 per sqft.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 84,000 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 16,900 a year.
Sales and rents for 407 over time
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 3, and where 407 sits
All 12 1-beds →Over the last 12 months one-beds sold for AED 1,700,000, around AED 2,208 per sqft, and rent for AED 84,000 to 113,000 a year. 407's AED 84,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 770 sqft | 1,700,000 | 2,208 | ||
| 25 Aug 202525 August 2025 | 776 sqft | 1,830,000 | 2,357 | ||
| 2 Jun 20232 June 2023 | 770 sqft | 1,470,000 | 1,909 | ||
| 4 Jul 20214 July 2021 | 770 sqft | 1,475,888 | 1,917 |
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 | ||
| 406 | 3-bed | 1,871 sqft | AED 3.45MAED 3,447,888 · Jan 2017January 2017 | 280,000 /yr | |
| 408 | 1-bed | 776 sqft | AED 1.3MAED 1,304,888 · Feb 2017February 2017 | 75,000 /yr |
407, The Cove Building 3 in numbers
- Sold once: by Emaar on 12 April 2018 for AED 1,317,888, or AED 1,712 per sqft.
- Rented since October 2022 on 5 Ejari contracts, from AED 74,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2018 price is 6.4%, before a service charge of about AED 16,900 a year (AED 22.00 per sqft).
- One-beds in The Cove Building 3 sold for AED 1,700,000–1,700,000 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 15 July 2026.
Questions about 407, The Cove Building 3
What did unit 407 last sell for?
AED 1,317,888 on 12 April 2018, sold by the developer: AED 1,712 per sqft for 770 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 84,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 84,000; the unit has been rented since October 2022.
How big is unit 407?
770 sqft (71.5 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.
What is unit 407 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 3 sold for AED 1,700,000 to 1,700,000 in the last 12 months, around AED 2,208 per sqft.
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Mortgage on 407, The Cove Building 3
Starts from the last sale price (AED 1.32M, 12 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,317,888
- Deposit, UAE resident (20%)
- AED 263,578
- Deposit, non-resident (40%)
- AED 527,155
- Monthly over 25 years at 3.7%
- AED 5,392
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →