503, The Cove Building 3
Sold prices and rental history: sold twice, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Cove Building 3
What is 503 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,344 sqft
- Floor
- 5th of 6
- Parking
- B1-11
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 29,600 /yr
- Last sold
- AED 3.3M · December 2024
- Building
- The Cove Building 3
About 503, The Cove Building 3
503 is a two-bedroom apartment of 1,344 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 12 December 2024 for AED 3,300,000, or AED 2,456 per sqft.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 11 March 2023, is AED 105,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 29,600 a year.
Sales and rents for 503 over time
503 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 503 sits
All 22 2-beds →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. 503's AED 105,000 is at the bottom 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 | ||
| 502 | 2-bed | 1,302 sqft | AED 2.34MAED 2,342,888 · Jan 2017January 2017 | 155,000 /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 |
503, The Cove Building 3 in numbers
- Sold twice: first on 5 April 2017 for AED 2,497,888, last on 12 December 2024 for AED 3,300,000 (AED 2,456 per sqft).
- Rented since March 2022 on 2 Ejari contracts, from AED 100,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 29,600 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 12 December 2024.
Questions about 503, The Cove Building 3
What did unit 503 last sell for?
AED 3,300,000 on 12 December 2024: AED 2,456 per sqft for 1,344 sqft. The unit has 2 registered sales; the first was AED 2,497,888 in April 2017.
What is the rent for unit 503?
AED 105,000 a year on the contract renewed on 11 March 2023. The previous contract, from March 2022, was AED 100,000.
How big is unit 503?
1,344 sqft (124.9 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.
What is unit 503 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 503, The Cove Building 3
Starts from the last sale price (AED 3.3M, 12 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →