409, The Cove ll Building 5
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, The Cove ll Building 5
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,312 sqft
- Floor
- 4th of 7
- Parking
- 1
- Developer
- Emaar
- Completed
- 2026
- Last sold
- AED 2.4M · January 2023
- Building
- The Cove ll Building 5
About 409, The Cove ll Building 5
409 is a two-bedroom apartment of 1,312 sqft on the 4th floor of The Cove ll Building 5, a 7-storey tower in Dubai Creek Harbour completed in 2026 by Emaar. The developer sold it on 18 January 2023 for AED 2,401,888, or AED 1,830 per sqft, 4% below the AED 1,901 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2026. The current contract, signed on 15 October 2026, is AED 150,000 a year: a gross yield of 6.3% on the 2023 price.
Sales and rents for 409 over time
409 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in The Cove ll Building 5, and where 409 sits
All 30 2-beds →409 last sold in January 2023 at AED 1,830 per sqft, 4% below what two-beds in The Cove ll Building 5 were fetching at the time (AED 1,901). Over the last 12 months two-beds sold for AED 2,700,000 to 3,325,000, around AED 2,108 per sqft, and rent for AED 140,000 to 165,000 a year. 409's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,381 sqft | 2,850,000 | 2,063 | ||
| 2 Oct 20262 October 2026 | 1,381 sqft | 3,275,000 | 2,370 | ||
| 10 Aug 202610 August 2026 | 1,390 sqft | 2,900,000 | 2,087 | ||
| 3 Feb 20263 February 2026 | 1,386 sqft | 2,950,000 | 2,128 |
The Cove ll Building 5
Building60 apartments, 1-bed to 4-bed over 7 floors in Dubai Creek Harbour, completed in 2026 by Emaar. 16 sold in the last 12 months.
- Typical price per sqft
- AED 2,175
- Typical sale
- AED 2.93M
- Typical rent
- AED 150K /yr
- Typical yield
- 5.3%
Other units on the 4th floor
All 60 units in The Cove ll Building 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 788 sqft | AED 1.97MAED 1,970,000 · Sep 2026September 2026 | ||
| 402 | 2-bed | 1,389 sqft | AED 3MAED 2,998,888 · Jan 2023January 2023 | ||
| 403 | 3-bed | 1,871 sqft | AED 4.64MAED 4,641,888 · Jan 2023January 2023 | ||
| 404 | 3-bed | 1,868 sqft | AED 5.25MAED 5,250,000 · May 2025May 2025 | ||
| 405 | 3-bed | 1,828 sqft | AED 4.23MAED 4,230,159 · Feb 2023February 2023 | ||
| 406 | 2-bed | 1,386 sqft | AED 3.01MAED 3,009,888 · Apr 2023April 2023 | 160,000 /yr | |
| 407 | 2-bed | 1,381 sqft | AED 3.28MAED 3,275,000 · Oct 2026October 2026 |
409, The Cove ll Building 5 in numbers
- Sold once: by Emaar on 18 January 2023 for AED 2,401,888, or AED 1,830 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 6.3%.
- Two-beds in The Cove ll Building 5 sold for AED 2,700,000–3,325,000 in the 12 months to November 2026; the building's median across all types is AED 2,175 per sqft.
Source: Dubai Land Department. Updated 15 October 2026.
Questions about 409, The Cove ll Building 5
What did unit 409 last sell for?
AED 2,401,888 on 18 January 2023, sold by the developer: AED 1,830 per sqft for 1,312 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 150,000 a year on the contract signed on 15 October 2026.
How big is unit 409?
1,312 sqft (121.9 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2026.
What is unit 409 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 ll Building 5 sold for AED 2,700,000 to 3,325,000 in the last 12 months, around AED 2,108 per sqft.
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Mortgage on 409, The Cove ll Building 5
Starts from the last sale price (AED 2.4M, 18 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,401,888
- Deposit, UAE resident (20%)
- AED 480,378
- Deposit, non-resident (40%)
- AED 960,755
- Monthly over 25 years at 3.7%
- AED 9,827
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →