502, The Cove Building 3
Sold prices and rental history: sold once, by the developer in January 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 502, The Cove Building 3
What is 502 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,302 sqft
- Floor
- 5th of 6
- Parking
- B2-35
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.34M · January 2017
- Building
- The Cove Building 3
About 502, The Cove Building 3
502 is a two-bedroom apartment of 1,302 sqft on the 5th 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 2,342,888, or AED 1,799 per sqft, in line with 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 15 May 2026, is AED 155,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 28,600 a year.
Sales and rents for 502 over time
502 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 502 sits
All 22 2-beds →502 last sold in January 2017 at AED 1,799 per sqft, in line with 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. 502's AED 155,000 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 5th floor
All 54 units in The Cove Building 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,306 sqft | AED 2.28MAED 2,275,000 · Mar 2022March 2022 | ||
| 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 |
502, The Cove Building 3 in numbers
- Sold once: by Emaar on 25 January 2017 for AED 2,342,888, or AED 1,799 per sqft.
- Rented since April 2022 on 5 Ejari contracts, from AED 120,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2017 price is 6.6%, 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 15 May 2026.
Questions about 502, The Cove Building 3
What did unit 502 last sell for?
AED 2,342,888 on 25 January 2017, sold by the developer: AED 1,799 per sqft for 1,302 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 155,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 155,000; the unit has been rented since April 2022.
How big is unit 502?
1,302 sqft (121.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.
What is unit 502 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 502, The Cove Building 3
Starts from the last sale price (AED 2.34M, 25 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,342,888
- Deposit, UAE resident (20%)
- AED 468,578
- Deposit, non-resident (40%)
- AED 937,155
- Monthly over 25 years at 3.7%
- AED 9,585
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →