Unit 506, The Cove Building 2: what it sold for and what it is worth now

Unit 506 at The Cove Building 2 is a 1 bed of 790 sq ft. It last sold for AED 1,350,000 on 10 Nov 2022. At AED 2,210 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 1,746,000 today.

Value todayAED 1,746,000AED 1,659,000 to AED 1,910,000
Last saleAED 1,350,00010 Nov 2022 · Resale
Change since last sale+29.3%Building trend alone: AED 1,633,852
Rent (median asking, 1 bed)AED 90,000Gross yield 5.2%
Bedrooms1 bed
Size790 sq ft
Floor5 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingThe Cove Building 2 by Emaar Properties, handed over 2021
Registered sales of this unit1

Every registered sale of unit 506

DatePriceSizeAED/sq ftType
10 Nov 2022AED 1,350,000790 sq ft1,709Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10615 Aug 2025AED 1,530,000791 sq ft1,934Resale
60624 Jul 2023AED 1,385,000790 sq ft1,753Resale
10610 Mar 2023AED 1,191,000791 sq ft1,506Resale
60614 Sep 2021AED 1,256,888790 sq ft1,591Off-plan
8069 Apr 2020AED 1,832,8881,252 sq ft1,464Off-plan

Latest 1 bed sales in The Cove Building 2

UnitDatePriceSizeAED/sq ftType
5045 Feb 2026AED 1,750,000724 sq ft2,417Resale
70416 Jan 2026AED 1,600,000724 sq ft2,210Resale
10316 Dec 2025AED 1,550,000738 sq ft2,100Resale
60418 Nov 2025AED 1,780,000724 sq ft2,459Resale
10615 Aug 2025AED 1,530,000791 sq ft1,934Resale
20426 Feb 2025AED 1,550,000724 sq ft2,141Resale
40315 Jan 2025AED 1,575,000738 sq ft2,134Resale
30313 May 2024AED 1,400,000738 sq ft1,897Resale

How we worked out the value

We took the 5 sales in The Cove Building 2 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 2,210). We multiplied it by the size of this unit (790 sq ft). The range uses the middle half of those sales (AED 2,100 to AED 2,417 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,633,852. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Apr 2026, from the Dubai Land Department register.

Questions

What is unit 506 at The Cove Building 2 worth?

About AED 1,746,000 (range AED 1,659,000 to AED 1,910,000), based on AED 2,210 per sq ft from registered sales up to 9 Apr 2026.

When did unit 506 last sell?

10 Nov 2022, for AED 1,350,000 (resale). It has 1 registered sale.

What rent can unit 506 make?

A 1 bed in The Cove Building 2 rents for about AED 90,000 a year (median asking rent). That is a gross yield of 5.2% on the estimate.

Sales alert for The Cove Building 2All sales in The Cove Building 2

Unit 505 · Unit 601