Verified
APARTMENT FOR SALE IN THE COVE BUILDING 1, THE COVE
Engel & Voelkers is pleased to offer you this stunning 2-bedroom unit located in The Cove Building 1, nestled within the prestigious Dubai Creek Harbour. Spanning an impressive 1342.90 sq. ft., this meticulously designed residence offers both comfort and style.
The open-plan layout seamlessly connects the living, dining, and kitchen areas, creating an ideal setting for both relaxation and entertaining. The bedrooms are generously sized and boast ample closet space. This unit is currently rented out, offering investors a fantastic opportunity to generate passive income with a net return on investment (ROI) of 6%. Whether you're looking to expand your investment portfolio or seeking a lucrative rental property, this unit presents an attractive option for discerning investors.
Located in the vibrant Dubai Creek Harbour, residents of The Cove Building 1 enjoy access to an array of world-class amenities, including swimming pools, fitness centers, landscaped gardens, and much more.
About Dubai Creek Harbour:
Dubai Creek Harbour offers luxury, sustainable living with enviable views of Dubai’s skyline. Aims to bring harmony between responsible city living and creating an awareness of sustainable biodiversity. The area include nine different districts such as The Island District, Creekside 18 and The Sanctuary District. It will boast a world class yacht club, marina and harbour, 22 hotels, 6.79 million sqm of residential space and almost twice that in retail.
Engel & Voelkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties, yachts and aviation, with 1000+ offices in over 30 countries.
Contact Engel & Voelkers today for further details.
See all transactions in this location
Investment Opportunity | Rented | NET 6% ROI
Property Type:
Apartment
Property Size:
1,342 sqft / 125 sqm
Bedrooms:
2
Bathrooms:
3
Location
The Cove Building 1
Dubai, Dubai Creek Harbour (The Lagoons), The Cove
Agent
Orhan Ipekcioglu
ENGEL & VÖLKERS Dubai
(208 Properties)
Amenities
Balcony
Shared Pool
Shared Spa
Concierge
Covered Parking
Kitchen Appliances
Shared Gym
Lobby in Building
Children's Pool
Children's Play Area
Description
The open-plan layout seamlessly connects the living, dining, and kitchen areas, creating an ideal setting for both relaxation and entertaining. The bedrooms are generously sized and boast ample closet space. This unit is currently rented out, offering investors a fantastic opportunity to generate passive income with a net return on investment (ROI) of 6%. Whether you're looking to expand your investment portfolio or seeking a lucrative rental property, this unit presents an attractive option for discerning investors.
Located in the vibrant Dubai Creek Harbour, residents of The Cove Building 1 enjoy access to an array of world-class amenities, including swimming pools, fitness centers, landscaped gardens, and much more.
About Dubai Creek Harbour:
Dubai Creek Harbour offers luxury, sustainable living with enviable views of Dubai’s skyline. Aims to bring harmony between responsible city living and creating an awareness of sustainable biodiversity. The area include nine different districts such as The Island District, Creekside 18 and The Sanctuary District. It will boast a world class yacht club, marina and harbour, 22 hotels, 6.79 million sqm of residential space and almost twice that in retail.
Engel & Voelkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties, yachts and aviation, with 1000+ offices in over 30 countries.
Contact Engel & Voelkers today for further details.
Transactions for Similar Properties
2 Beds Apartment in The Cove Building 1
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 19 Feb 2024 | 3,705,888 | 1,662 |
| 16 Nov 2023 | 2,776,250 | 1,283 |
| 9 Jun 2023 | 3,169,888 | 1,283 |
| 18 May 2023 | 2,800,000 | 1,343 |
| 11 May 2023 | 2,000,000 | 1,283 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 1 May 2024 | 121,000 | 1,283 |
| 1 Apr 2024 | 110,000 | 1,343 |
| 25 Mar 2024 | 175,000 | 1,339 |
| 14 Mar 2024 | 150,000 | 1,339 |
| 20 Jan 2024 | 170,000 | 1,339 |
Powered byDataGuru
This property costs 22% more than the average price of 2 bedroom in Dubai Creek Harbour (The Lagoons)
Average Sale Price is 2,704,789 AED
This property is 14% bigger than the average size of 2 bedroom in Dubai Creek Harbour (The Lagoons)
Average size is 1,179 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Dubai Creek Harbour (The Lagoons)
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
13,775 AED
with interest rate of
3.89%
Powered by
Reference:
RL7644
Listed:
1 month ago
Broker ORN:
16081
More available in the same area
Apartment
3,200,000 AED
The Cove Building 1, The Cove, Dubai Creek Harbour (The Lagoons), Dubai
2
2
1,338 sqft
Apartment
3,300,000 AED
The Cove Building 1, The Cove, Dubai Creek Harbour (The Lagoons), Dubai
2
2
1,339 sqft
Apartment
3,200,000 AED
The Cove Building 1, The Cove, Dubai Creek Harbour (The Lagoons), Dubai
2
2
1,339 sqft
Apartment
3,208,880 AED
The Cove Building 1, The Cove, Dubai Creek Harbour (The Lagoons), Dubai
2
3
1,204 sqft
3,300,000 AED
Own this from just
13,775 AED/monthOrhan Ipekcioglu usually responds within 5 minutes
Own this property from just
13,775 AED /month
Fixed rates from: 3.89%
Get pre-approvedIn partnership with