1-bed · 776 sqftThe Cove Building 3, Dubai Creek Harbour · 5th floor · completed 2021

508, The Cove Building 3

Sold prices and rental history: sold 3 times, last in August 2025, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 1.83M25 August 2025
Current rentAED 135K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, The Cove Building 3

What is 508 worth today?

Last sold for AED 1,830,000 in 2025

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20 Sep 2025RentedNew contract
AED 135,000/yr12 months · AED 174 per sqft
25 Aug 2025SoldReady
AED 1,830,000AED 2,357 per sqft
1 Jul 2021SoldOff-plan
AED 1,090,000AED 1,404 per sqft
22 Jan 2017Sold by developerOff-plan
AED 1,306,888AED 1,683 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
1-bed apartment
Size
776 sqft
Floor
5th of 6
Parking
B1-45
Developer
Emaar
Completed
2021
Service charge
AED 17,100 /yr
Last sold
AED 1.83M · August 2025

About 508, The Cove Building 3

508 is a one-bedroom apartment of 776 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 25 August 2025 for AED 1,830,000, or AED 2,357 per sqft.

One Ejari contract is registered, from 20 September 2025. The current contract, signed on 20 September 2025, is AED 135,000 a year: a gross yield of 7.4% on the 2025 price, before the service charge of about AED 17,100 a year.

Sales and rents for 508 over time

Rents
Unit 508, each contractTypical one-bed in The Cove Building 3
100K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 80,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 88,125New contract, September 2025: AED 135,000 a year

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 508 sits

All 12 1-beds →

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. 508's AED 135,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,700,000
2 Jun 20231,470,000
4 Jul 20211,475,888
29 Oct 20181,301,888
1 1-bed sale 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
5043-bedAED 3.3M · Feb 2017
5053-bedAED 3.45M · Apr 2017
5063-bedAED 4.4M · Sep 2026
5071-bedAED 1.32M · Apr 2017

508, The Cove Building 3 in numbers

  • Sold 3 times: first on 22 January 2017 for AED 1,306,888, last on 25 August 2025 for AED 1,830,000 (AED 2,357 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2025 price is 7.4%, before a service charge of about AED 17,100 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 September 2025.

Questions about 508, The Cove Building 3

What did unit 508 last sell for?

AED 1,830,000 on 25 August 2025: AED 2,357 per sqft for 776 sqft. The unit has 3 registered sales; the first was AED 1,306,888 in January 2017.

What is the rent for unit 508?

AED 135,000 a year on the contract signed on 20 September 2025.

How big is unit 508?

776 sqft (72.1 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 508 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.

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Mortgage on 508, The Cove Building 3

Starts from the last sale price (AED 1.83M, 25 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

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