Unit 1601, The Cove II Building 4: what it sold for and what it is worth now

Unit 1601 at The Cove II Building 4 is a 2 bed of 1,136 sq ft. It last sold for AED 2,525,000 on 28 Mar 2025. At AED 2,201 per sq ft, from 3 sales of units ending 01 (same position in the tower), it is worth about AED 2,500,000 today.

Value todayAED 2,500,000AED 2,450,000 to AED 2,575,000
Last saleAED 2,525,00028 Mar 2025 · Off-plan
Change since last sale-1.0% 
Rent (median asking, 2 bed)AED 160,000Gross yield 6.4%
Bedrooms2 bed
Size1,136 sq ft
Floor16 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingThe Cove II Building 4 by Emaar Properties, handed over 2026
Registered sales of this unit2

Every registered sale of unit 1601

DatePriceSizeAED/sq ftType
28 Mar 2025AED 2,525,0001,136 sq ft2,223Off-plan
23 Dec 2022AED 2,305,8881,136 sq ft2,030Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
5018 Sep 2026AED 2,400,0001,136 sq ft2,113Resale
30120 Aug 2026AED 2,500,0001,136 sq ft2,201Resale
19019 Jul 2026AED 2,650,0001,136 sq ft2,333Resale
13014 May 2026AED 2,475,0001,136 sq ft2,179Off-plan
22017 Aug 2025AED 2,918,8881,136 sq ft2,569Off-plan
170124 Jun 2024AED 2,370,0001,136 sq ft2,086Off-plan
18014 Mar 2024AED 2,469,8881,136 sq ft2,174Off-plan
60112 Apr 2023AED 2,170,8881,136 sq ft1,911Off-plan

Latest 2 bed sales in The Cove II Building 4

UnitDatePriceSizeAED/sq ftType
1049 Oct 2026AED 2,610,0001,106 sq ft2,360Resale
5018 Sep 2026AED 2,400,0001,136 sq ft2,113Resale
30120 Aug 2026AED 2,500,0001,136 sq ft2,201Resale
10059 Jul 2026AED 2,860,0001,138 sq ft2,513Resale
19019 Jul 2026AED 2,650,0001,136 sq ft2,333Resale
13014 May 2026AED 2,475,0001,136 sq ft2,179Off-plan
4081 May 2026AED 2,600,0001,145 sq ft2,271Off-plan
140428 Nov 2025AED 3,240,0001,236 sq ft2,621Off-plan

How we worked out the value

We took the 3 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 2,201). We multiplied it by the size of this unit (1,136 sq ft). The range uses the middle half of those sales (AED 2,157 to AED 2,267 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1601 at The Cove II Building 4 worth?

About AED 2,500,000 (range AED 2,450,000 to AED 2,575,000), based on AED 2,201 per sq ft from registered sales up to 9 Oct 2026.

When did unit 1601 last sell?

28 Mar 2025, for AED 2,525,000 (off-plan). It has 2 registered sales.

What rent can unit 1601 make?

A 2 bed in The Cove II Building 4 rents for about AED 160,000 a year (median asking rent). That is a gross yield of 6.4% on the estimate.

Sales alert for The Cove II Building 4All sales in The Cove II Building 4

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