507, The Cove Building 3
Sold prices and rental history: sold once, by the developer in April 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 507, The Cove Building 3
What is 507 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 770 sqft
- Floor
- 5th of 6
- Parking
- B1-14
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 16,900 /yr
- Last sold
- AED 1.32M · April 2017
- Building
- The Cove Building 3
About 507, The Cove Building 3
507 is a one-bedroom apartment of 770 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 6 April 2017 for AED 1,320,888, or AED 1,716 per sqft, in line with the AED 1,681 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 113,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 16,900 a year.
Sales and rents for 507 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 507 sits
All 12 1-beds →507 last sold in April 2017 at AED 1,716 per sqft, in line with what one-beds in The Cove Building 3 were fetching at the time (AED 1,681). 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. 507's AED 113,000 is at the top 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 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 | |
| 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 | |
| 508 | 1-bed | 776 sqft | AED 1.83MAED 1,830,000 · Aug 2025August 2025 | 135,000 /yr |
507, The Cove Building 3 in numbers
- Sold once: by Emaar on 6 April 2017 for AED 1,320,888, or AED 1,716 per sqft.
- Rented since March 2022 on 4 Ejari contracts, from AED 75,000 to AED 113,000 a year.
- At AED 113,000 a year the gross yield on the 2017 price is 8.6%, 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 20 December 2025.
Questions about 507, The Cove Building 3
What did unit 507 last sell for?
AED 1,320,888 on 6 April 2017, sold by the developer: AED 1,716 per sqft for 770 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 113,000 a year on the contract renewed on 20 December 2025. The previous contract, from April 2024, was AED 110,000; the unit has been rented since March 2022.
How big is unit 507?
770 sqft (71.5 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.
What is unit 507 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.
Selling 507? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 507, The Cove Building 3
Starts from the last sale price (AED 1.32M, 6 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,320,888
- Deposit, UAE resident (20%)
- AED 264,178
- Deposit, non-resident (40%)
- AED 528,355
- Monthly over 25 years at 3.7%
- AED 5,404
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →