Market bulletin · Thu, 22 Oct 2026
The Cove Building 1: 0 sales worth AED 0 in 30 days
The Cove Building 1 recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Dubai Creek Harbour, The Cove Building 1 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Emaar Properties.
Leases registered in the last three months had a median annual rent of AED 118K. The best gross yield is on 2 BR apartments at about 5.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 2,019 |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 2 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 1 | down 50.0% | AED 2.75M | — | — |
| Last 6 months | 3 | down 57.1% | AED 17.4M | — | — |
| Last 12 months | 10 | down 52.4% | AED 38.2M | 2,376 | up 7.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 10 | 100% | AED 2.90M | 2,376 | up 7.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 3 | 30% | — | — | — |
| 2 bedrooms | 5 | 50% | AED 3.05M | 2,279 | up 5.4% |
| 3 bedrooms | 1 | 10% | — | — | — |
| 4 bedrooms | 1 | 10% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 2 | 20% | — | — | — |
| AED 2M–10M | 7 | 70% | AED 3.05M | 2,421 | up 8.8% |
| AED 10M–50M | 1 | 10% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 188K |
| Nov 25 | — |
| Oct 25 | AED 155K |
| Sept 25 | AED 140K |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 73
- New leases
- 56.2%
- Median rent 3M
- AED 118K
- Rent/sqft 3M
- AED 121
| 2 BR apartments | AED 157K / AED 3.05M | 5.2% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 25 | AED 96K | AED 115K | 127 |
| 2 BR | 18 | AED 157K | AED 175K | 117 |
| 3 BR | 14 | AED 273K | AED 290K | 148 |
Competing projects in Dubai Creek Harbour
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Lyvia by Palace - Green GateEmaar Properties | 452 | 2,674 | — |
| Creek Bay Tower AEmaar Properties | 331 | 2,365 | down 30.7% |
| Creek Bay Tower BEmaar Properties | 237 | 2,487 | down 0.9% |
| Valia TowerEmaar Properties | 257 | 2,583 | — |
| Creek Haven Tower AEmaar Properties | 210 | 2,679 | — |
| Montiva at Green GateEmaar Properties | 153 | 2,513 | — |
| Creek Haven Tower BEmaar Properties | 159 | 2,871 | up 2.4% |
| Silva at Green GateEmaar Properties | 124 | 2,231 | — |
| The Grand by EmaarEmaar Properties | 78 | 2,306 | — |
| AltanEmaar Properties | 61 | 2,305 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.75M | 2 BR Apartment · 1,339 sqftThe Cove Building 1 · Dubai Creek Harbour | 3 Aug |
Questions about The Cove Building 1
How many properties were sold in The Cove Building 1 in the last year?
10 sales worth AED 38.2M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Cove Building 1?
The median annual rent on leases registered in the last three months was AED 118K, and the best gross rental yield is about 5.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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