Unit 401, The Cove II Building 8: what it sold for and what it is worth now

Unit 401 at The Cove II Building 8 is a 1 bed of 788 sq ft. It last sold for AED 1,696,888 on 1 Mar 2023. At AED 2,376 per sq ft, from 6 sales in the building in the last 24 months, it is worth about AED 1,872,000 today.

Value todayAED 1,872,000AED 1,814,000 to AED 1,938,000
Last saleAED 1,696,8881 Mar 2023 · Off-plan
Change since last sale+10.3% 
Rent (median asking, 1 bed)AED 114,994Gross yield 6.1%
Bedrooms1 bed
Size788 sq ft
Floor4 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingThe Cove II Building 8 by Emaar Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit 401

DatePriceSizeAED/sq ftType
1 Mar 2023AED 1,696,888788 sq ft2,153Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20124 Jun 2026AED 1,940,000788 sq ft2,462Resale
70118 May 2026AED 1,930,000788 sq ft2,449Resale
70116 Sep 2024AED 1,701,000788 sq ft2,159Off-plan
7011 Feb 2023AED 1,706,888788 sq ft2,166Off-plan
10126 Jan 2023AED 1,686,888788 sq ft2,141Off-plan
2019 Jan 2023AED 1,689,888788 sq ft2,145Off-plan
B2019 Jan 2023AED 7,511,8883,884 sq ft1,934Off-plan
60129 Dec 2022AED 1,702,888788 sq ft2,161Off-plan

Latest 1 bed sales in The Cove II Building 8

UnitDatePriceSizeAED/sq ftType
20124 Jun 2026AED 1,940,000788 sq ft2,462Resale
70118 May 2026AED 1,930,000788 sq ft2,449Resale
70116 Sep 2024AED 1,701,000788 sq ft2,159Off-plan
G108 Jul 2024AED 1,672,000949 sq ft1,762Off-plan
11011 May 2023AED 1,608,888784 sq ft2,052Off-plan
7011 Feb 2023AED 1,706,888788 sq ft2,166Off-plan
10126 Jan 2023AED 1,686,888788 sq ft2,141Off-plan
71016 Jan 2023AED 1,627,888784 sq ft2,076Off-plan

How we worked out the value

We took the 6 sales in The Cove II Building 8 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,376). We multiplied it by the size of this unit (788 sq ft). The range uses the middle half of those sales (AED 2,302 to AED 2,459 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 401 at The Cove II Building 8 worth?

About AED 1,872,000 (range AED 1,814,000 to AED 1,938,000), based on AED 2,376 per sq ft from registered sales up to 15 Oct 2026.

When did unit 401 last sell?

1 Mar 2023, for AED 1,696,888 (off-plan). It has 1 registered sale.

What rent can unit 401 make?

A 1 bed in The Cove II Building 8 rents for about AED 114,994 a year (median asking rent). That is a gross yield of 6.1% on the estimate.

Sales alert for The Cove II Building 8All sales in The Cove II Building 8

Unit 310 · Unit 402