Unit 503, The Cove II Building 4: what it sold for and what it is worth now

Unit 503 at The Cove II Building 4 is a 1 bed of 776 sq ft. It last sold for AED 1,750,000 on 28 Sep 2026. At AED 2,062 per sq ft, from 3 sales of units ending 03 (same position in the tower), it is worth about AED 1,600,000 today.

Value todayAED 1,600,000AED 1,525,000 to AED 1,675,000
Last saleAED 1,750,00028 Sep 2026 · Resale
Change since last sale-8.6%Building trend alone: AED 1,750,000
Rent (median asking, 1 bed)AED 96,000Gross yield 6.0%
Bedrooms1 bed
Size776 sq ft
Floor5 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingThe Cove II Building 4 by Emaar Properties, handed over 2026
Registered sales of this unit3

Every registered sale of unit 503

DatePriceSizeAED/sq ftType
28 Sep 2026AED 1,750,000776 sq ft2,255Resale
14 Jul 2026AED 1,450,000776 sq ft1,869Resale
24 Jan 2023AED 1,430,439776 sq ft1,843Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
6033 Jul 2026AED 1,600,000776 sq ft2,062Resale
22035 May 2026AED 1,750,000775 sq ft2,258Off-plan
8031 Sep 2025AED 1,650,000776 sq ft2,126Off-plan
8033 Jul 2025AED 1,470,000776 sq ft1,894Off-plan
140314 May 2025AED 1,725,000775 sq ft2,226Off-plan
100316 May 2024AED 1,594,750775 sq ft2,058Off-plan
200320 Nov 2023AED 1,520,000775 sq ft1,961Off-plan
220314 Mar 2023AED 1,536,530775 sq ft1,983Off-plan

Latest 1 bed sales in The Cove II Building 4

UnitDatePriceSizeAED/sq ftType
50227 Aug 2026AED 1,650,000734 sq ft2,248Resale
50214 Jul 2026AED 1,450,000734 sq ft1,975Resale
6033 Jul 2026AED 1,600,000776 sq ft2,062Resale
22035 May 2026AED 1,750,000775 sq ft2,258Off-plan
180218 Nov 2025AED 1,519,000734 sq ft2,069Off-plan
220225 Sep 2025AED 1,821,888734 sq ft2,482Off-plan
8031 Sep 2025AED 1,650,000776 sq ft2,126Off-plan
8033 Jul 2025AED 1,470,000776 sq ft1,894Off-plan

How we worked out the value

We took the 3 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,062). We multiplied it by the size of this unit (776 sq ft). The range uses the middle half of those sales (AED 1,965 to AED 2,159 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,750,000. 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 503 at The Cove II Building 4 worth?

About AED 1,600,000 (range AED 1,525,000 to AED 1,675,000), based on AED 2,062 per sq ft from registered sales up to 9 Oct 2026.

When did unit 503 last sell?

28 Sep 2026, for AED 1,750,000 (resale). It has 3 registered sales.

What rent can unit 503 make?

A 1 bed in The Cove II Building 4 rents for about AED 96,000 a year (median asking rent). That is a gross yield of 6.0% on the estimate.

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

Unit 502 · Unit 504