501, The Cove Building 3
Sold prices and rental history: sold twice, last in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, The Cove Building 3
What is 501 worth today?
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Source: Dubai Land Department. Updated 2 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,306 sqft
- Floor
- 5th of 6
- Parking
- B1-17
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 28,700 /yr
- Last sold
- AED 2.28M · March 2022
- Building
- The Cove Building 3
About 501, The Cove Building 3
501 is a two-bedroom apartment of 1,306 sqft on the 5th floor of The Cove Building 3, a 6-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 2 March 2022 for AED 2,275,000, or AED 1,742 per sqft, 12% below the AED 1,983 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold twice; 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 501 sits
All 22 2-beds →501 last sold in March 2022 at AED 1,742 per sqft, 12% below what two-beds in The Cove Building 3 were fetching at the time (AED 1,983). 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.
| 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 5th floor
All 54 units in The Cove Building 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,302 sqft | AED 2.34MAED 2,342,888 · Jan 2017January 2017 | 155,000 /yr | |
| 503 | 2-bed | 1,344 sqft | AED 3.3MAED 3,300,000 · Dec 2024December 2024 | 105,000 /yr | |
| 504 | 3-bed | 1,742 sqft | AED 3.3MAED 3,295,888 · Feb 2017February 2017 | 245,000 /yr | |
| 505 | 3-bed | 1,869 sqft | AED 3.45MAED 3,446,888 · Apr 2017April 2017 | ||
| 506 | 3-bed | 1,871 sqft | AED 4.4MAED 4,400,000 · Sep 2026September 2026 | 320,000 /yr | |
| 507 | 1-bed | 770 sqft | AED 1.32MAED 1,320,888 · Apr 2017April 2017 | 113,000 /yr | |
| 508 | 1-bed | 776 sqft | AED 1.83MAED 1,830,000 · Aug 2025August 2025 | 135,000 /yr |
501, The Cove Building 3 in numbers
- Sold twice: first on 25 January 2017 for AED 1,787,888, last on 2 March 2022 for AED 2,275,000 (AED 1,742 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 2 March 2022.
Questions about 501, The Cove Building 3
What did unit 501 last sell for?
AED 2,275,000 on 2 March 2022: AED 1,742 per sqft for 1,306 sqft. The unit has 2 registered sales; the first was AED 1,787,888 in January 2017.
How big is unit 501?
1,306 sqft (121.3 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.
What is unit 501 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 501, The Cove Building 3
Starts from the last sale price (AED 2.28M, 2 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,275,000
- Deposit, UAE resident (20%)
- AED 455,000
- Deposit, non-resident (40%)
- AED 910,000
- Monthly over 25 years at 3.7%
- AED 9,308
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →