Unit 1501, The Cove Building 1: what it sold for and what it is worth now

Unit 1501 at The Cove Building 1 is a 1 bed of 826 sq ft. It last sold for AED 2,080,000 on 30 Aug 2024. At AED 2,329 per sq ft, from 4 sales of units ending 01 (same position in the tower), it is worth about AED 1,923,000 today.

Value todayAED 1,923,000AED 1,816,000 to AED 1,944,000
Last saleAED 2,080,00030 Aug 2024 · Resale
Change since last sale-7.5%Building trend alone: AED 2,240,089
Rent (median asking, 1 bed)AED 102,500Gross yield 5.3%
Bedrooms1 bed
Size826 sq ft
Floor15 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingThe Cove Building 1 by Emaar Properties, handed over 2022
Registered sales of this unit1

Every registered sale of unit 1501

DatePriceSizeAED/sq ftType
30 Aug 2024AED 2,080,000826 sq ft2,518Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
140113 Feb 2026AED 2,000,000826 sq ft2,421Resale
30110 Dec 2025AED 1,500,000826 sq ft1,816Resale
60117 Nov 2025AED 1,925,000826 sq ft2,331Resale
210121 Feb 2025AED 10,750,0004,620 sq ft2,327Resale
20115 Jul 2024AED 1,570,000826 sq ft1,901Resale
60114 Jun 2023AED 1,685,000826 sq ft2,040Resale
180111 Apr 2023AED 1,979,888826 sq ft2,397Resale
16015 Apr 2023AED 1,971,888826 sq ft2,387Resale

Latest 1 bed sales in The Cove Building 1

UnitDatePriceSizeAED/sq ftType
140113 Feb 2026AED 2,000,000826 sq ft2,421Resale
30110 Dec 2025AED 1,500,000826 sq ft1,816Resale
60117 Nov 2025AED 1,925,000826 sq ft2,331Resale
140411 Sep 2025AED 2,050,000745 sq ft2,752Resale
160415 May 2025AED 2,250,000745 sq ft3,020Resale
20115 Jul 2024AED 1,570,000826 sq ft1,901Resale
G0120 Jun 2024AED 1,590,000837 sq ft1,900Resale
18048 Feb 2024AED 1,750,000745 sq ft2,349Resale

How we worked out the value

We took the 4 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,329). We multiplied it by the size of this unit (826 sq ft). The range uses the middle half of those sales (AED 2,199 to AED 2,353 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,240,089. Floor, view, condition and upgrades can move the price either way. Sales data to 13 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1501 at The Cove Building 1 worth?

About AED 1,923,000 (range AED 1,816,000 to AED 1,944,000), based on AED 2,329 per sq ft from registered sales up to 13 Oct 2026.

When did unit 1501 last sell?

30 Aug 2024, for AED 2,080,000 (resale). It has 1 registered sale.

What rent can unit 1501 make?

A 1 bed in The Cove Building 1 rents for about AED 102,500 a year (median asking rent). That is a gross yield of 5.3% on the estimate.

Sales alert for The Cove Building 1All sales in The Cove Building 1

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