3-bed · 1,742 sqftThe Cove Building 3, Dubai Creek Harbour · 5th floor · completed 2021

504, The Cove Building 3

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 3.3M5 February 2017
Current rentAED 245K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, The Cove Building 3

What is 504 worth today?

Last sold for AED 3,295,888 in 2017

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15 May 2026RentedRenewal
AED 245,000/yr6 months · AED 141 per sqft
15 May 2025RentedRenewal
AED 245,000/yr12 months · AED 141 per sqft
15 May 2025RentedRenewal
AED 245,000/yr12 months · AED 141 per sqft
15 May 2024RentedRenewal
AED 245,000/yr12 months · AED 141 per sqft
15 May 2023RentedNew contract
AED 240,000/yr12 months · AED 138 per sqft
20 Jul 2022RentedNew contract
AED 190,000/yr12 months · AED 109 per sqft
5 Feb 2017Sold by developerOff-plan
AED 3,295,888AED 1,892 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
3-bed apartment
Size
1,742 sqft
Floor
5th of 6
Parking
B2-15, B2-16
Developer
Emaar
Completed
2021
Service charge
AED 38,300 /yr
Last sold
AED 3.3M · February 2017

About 504, The Cove Building 3

504 is a three-bedroom apartment of 1,742 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 5 February 2017 for AED 3,295,888, or AED 1,892 per sqft, in line with the AED 1,842 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 245,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 38,300 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical three-bed in The Cove Building 3
4M5M20172019202120232025Typical sale price by year: 2017 AED 3,426,888; 2022 AED 3,800,000; 2023 AED 4,300,888; 2024 AED 4,769,888Sold by developer, February 2017: AED 3,295,888 (AED 1,892 per sqft)

504 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 504, each contractTypical three-bed in The Cove Building 3
200K250K202220242026Typical rent by year: 2022 AED 182,500; 2023 AED 210,000; 2024 AED 225,000; 2025 AED 242,500; 2026 AED 227,500New contract, July 2022: AED 190,000 a yearNew contract, May 2023: AED 240,000 a yearRenewal, May 2024: AED 245,000 a yearRenewal, May 2025: AED 245,000 a yearRenewal, May 2025: AED 245,000 a yearRenewal, May 2026: AED 245,000 a year

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 504 sits

All 18 3-beds →

504 last sold in February 2017 at AED 1,892 per sqft, in line with what three-beds in The Cove Building 3 were fetching at the time (AED 1,842). 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. 504's AED 245,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Sep 20264,400,000
14 Apr 20264,400,000
22 Jul 20245,000,000
31 May 20244,500,000
2 3-bed sales in the last 12 months

The Cove Building 3

Building

54 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%
The Cove Building 3, Dubai Creek Harbour: prices, sales and rents →

Other units on the 5th floor

All 54 units in The Cove Building 3
Value
5012-bedAED 2.28M · Mar 2022
5022-bedAED 2.34M · Jan 2017
5032-bedAED 3.3M · Dec 2024
5053-bedAED 3.45M · Apr 2017
5063-bedAED 4.4M · Sep 2026
5071-bedAED 1.32M · Apr 2017
5081-bedAED 1.83M · Aug 2025

504, The Cove Building 3 in numbers

  • Sold once: by Emaar on 5 February 2017 for AED 3,295,888, or AED 1,892 per sqft.
  • Rented since July 2022 on 6 Ejari contracts, from AED 190,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 38,300 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 15 May 2026.

Questions about 504, The Cove Building 3

What did unit 504 last sell for?

AED 3,295,888 on 5 February 2017, sold by the developer: AED 1,892 per sqft for 1,742 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 245,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 245,000; the unit has been rented since July 2022.

How big is unit 504?

1,742 sqft (161.8 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 504 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 504, The Cove Building 3

Starts from the last sale price (AED 3.3M, 5 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,295,888
Deposit, UAE resident (20%)
AED 659,178
Deposit, non-resident (40%)
AED 1,318,355
Monthly over 25 years at 3.7%
AED 13,484

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →