Unit 1605, The Cove Building 1: what it sold for and what it is worth now

Unit 1605 at The Cove Building 1 is a 2 bed of 1,283 sq ft. It last sold for AED 3,169,888 on 9 Jun 2023. At AED 2,358 per sq ft, from 4 sales of units ending 05 (same position in the tower), it is worth about AED 3,025,000 today.

Value todayAED 3,025,000AED 2,900,000 to AED 3,162,000
Last saleAED 3,169,8889 Jun 2023 · Resale
Change since last sale-4.6%Building trend alone: AED 3,165,373
Rent (median asking, 2 bed)AED 150,000Gross yield 5.0%
Bedrooms2 bed
Size1,283 sq ft
Floor16 (from the unit number)
Position in the towerStack 05: units ending 05 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 1605

DatePriceSizeAED/sq ftType
9 Jun 2023AED 3,169,8881,283 sq ft2,471Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30511 Sep 2026AED 2,750,0001,283 sq ft2,143Resale
60523 Jun 2026AED 3,350,0001,283 sq ft2,611Resale
9057 Aug 2025AED 2,950,0001,283 sq ft2,299Resale
130511 Jun 2025AED 3,100,0001,283 sq ft2,416Resale
150529 Aug 2024AED 2,900,0001,283 sq ft2,260Resale
170516 Nov 2023AED 2,776,2501,283 sq ft2,164Resale
110511 May 2023AED 2,000,0001,283 sq ft1,559Resale
70522 Nov 2022AED 2,300,0001,283 sq ft1,793Resale

Latest 2 bed sales in The Cove Building 1

UnitDatePriceSizeAED/sq ftType
190713 Oct 2026AED 3,200,0001,343 sq ft2,383Resale
30511 Sep 2026AED 2,750,0001,283 sq ft2,143Resale
13069 Sep 2026AED 3,300,0001,339 sq ft2,465Resale
7063 Aug 2026AED 2,750,0001,339 sq ft2,054Resale
2066 Jul 2026AED 3,000,0001,339 sq ft2,240Resale
60523 Jun 2026AED 3,350,0001,283 sq ft2,611Resale
10062 Jun 2026AED 2,650,0001,340 sq ft1,978Resale
80626 Mar 2026AED 3,050,0001,339 sq ft2,278Resale

How we worked out the value

We took the 4 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,358). We multiplied it by the size of this unit (1,283 sq ft). The range uses the middle half of those sales (AED 2,260 to AED 2,465 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,165,373. 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 1605 at The Cove Building 1 worth?

About AED 3,025,000 (range AED 2,900,000 to AED 3,162,000), based on AED 2,358 per sq ft from registered sales up to 13 Oct 2026.

When did unit 1605 last sell?

9 Jun 2023, for AED 3,169,888 (resale). It has 1 registered sale.

What rent can unit 1605 make?

A 2 bed in The Cove Building 1 rents for about AED 150,000 a year (median asking rent). That is a gross yield of 5.0% on the estimate.

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

Unit 1604 · Unit 1606