What is the registered annual rent for a 2 bedroom in THE COVE Building 1?

The median new annual rent is AED 165,000, from 42 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in THE COVE Building 1 risen or fallen?

The median new annual rent changed -2.9% in the trailing 12 months against the previous 12, using 42 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in THE COVE Building 1 pay more than sitting ones?

A new tenant pays +6.7% against a renewing one, across 22 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in THE COVE Building 1?

9 sales were registered with the Dubai Land Department in the last 12 months, alongside 42 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to THE COVE Building 1?

Creek Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Ejari leases to 12 Oct 2026

THE COVE Building 1 rents

75 new leases and 58 renewals in 12 months
Dubai Creek Harbour
near Creek Metro Station

A two-bed here leases for about AED 165,000 a year, 14% above the typical Dubai Creek Harbour two-bed. New tenants pay more than renewing ones, who pay AED 154,586.

2 bed · typical new lease

165,000AEDa year

AED 125/sqft · -2.9% on a year

A month, roughly: AED 13,750
Renewal: AED 154,586
vs Dubai Creek Harbour 2 bed: 14% above the median
New leases, 12 months: 42

Ask an agent about this rent

Buying instead? THE COVE Building 1 sale prices →

What should a lease in THE COVE Building 1 cost?A two-bed leases for about AED 165,000 a year; new tenants pay 6.7% more than renewing ones

Type	New lease	vs Dubai Creek Harbour	Leases
1 bed	110,000133/sqft	95,00023 renewals	16% moretypical 95,000	19
2 bedmost leased	165,000125/sqft	154,58622 renewals	14% moretypical 145,000	42
3 bed	260,000141/sqft	230,00011 renewals	18% moretypical 220,000	13
4+ bed	500,000130/sqft	—	25% moretypical 400,000	1

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Dubai Creek Harbour median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A two-bed here now costs 2.9% less than a year earlier: AED 165,000 against 170,000.

Median annual rent by year, 2 bed, with fainter bars resting on fewer contracts. Too few monthly records in THE COVE Building 1 to draw an honest monthly line.

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

About THE COVE Building 1An apartment building in Dubai Creek Harbour, a 13-minute drive from DXB Airport

THE COVE Building 1 is an apartment building completed in 2021 by The Lagoons Phase One in Dubai Creek Harbour. 133 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 22.86/sqft a year
Master developer: The Lagoons Phase One

Drive times · typical

Downtown: 17 min · 12 km
DXB Airport: 13 min · 7.1 km
DIFC: 13 min · 15 km
Dubai Marina: 25 min · 30 km
Palm Jumeirah: 31 min · 34 km

Nearest, as registered

Metro: Creek Metro Station
Mall: Dubai Mall
Landmark: Dubai International Airport

Letting a unit in THE COVE Building 1?New tenants pay more than renewing ones

New tenant vs renewal: +10.8%; New leases AED 160,000, renewals 144,360, all types
Short-let instead, two-bed: AED 857; a night on Airbnb; nets 1.0× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? THE COVE Building 1 sale prices →

Comparables in Dubai Creek Harbour

Every Dubai Creek Harbour building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. THE COVE Building 1 places 34th of 96; the nearest 8 are shown.

Rank	Building	Median rent	12-month change	Contracts
30	Summer at Creek Beach Building 4	AED 100,000	131+2.6%	-8.3%	87
31–33	Harbour Views Podium, T1, T2one project rent, 3 towers	AED 135,000	1280.0%	-1.5%	253
34–36	THE COVE Building 1, 2, 3one project rent, 3 towers · includes this building	AED 160,000	128	-3.0%	75
37–38	Creek Gate Tower 1, 2one project rent, 2 towers	AED 132,500	126-1.8%	-1.9%	143

Rank 1 is the dearest per square foot. Differences are against THE COVE Building 1.

At 2 bed, THE COVE Building 1 ranks 29th of 93 by rent per square foot and 29th of 59 by gross yield in Dubai Creek Harbour.

Market context in Dubai Creek Harbour

Registered sales activity

1,285 ready apartment sales in the 12 months to 2026-10-12.

+2.5% in median AED/sqft versus the preceding year, supported by 1,285 current and 1,419 prior price observations.

Explore sales activity

Planned apartment projects

0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 4 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

905 apartments are planned in Dubai Creek Harbour from 2026 to 2028, equal to 15% of the 5,973 homes let there today.

Ready prices per sqft fell in 27% of 63 buildings (counted once per bedroom type) in Dubai Creek Harbour with sales in both years; the typical one moved +2.7%.

New-lease rents fell in 44% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.

How these are counted

Find service-charge budget evidence for THE COVE Building 1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The The Cove towers

3 towers in The Cove, at the bedroom type above.

The Cove, every type →

Tower	Price	AED/sqft	Rent a year	Gross yield
THE COVE Building 1 · this building	AED 3.05M9 sales	2,279	AED 165,000project pool	5.4%
THE COVE Building 2	AED 3.00M4 sales	2,408	AED 165,000project pool	5.5%
THE COVE Building 3	—2 sales, too few	—	AED 165,000project pool	—

Ejari files The Cove’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Dubai Creek Harbour: every development at this type

Development	Rent a year	Price	AED/sqft	Gross yield
Creek Beach12 developments, pooled	AED 135,000439 contracts	AED 2.40M187 sales	2,281	5.6%
Bayshore4 towers · rent filed for the project	AED 142,00016 contracts	AED 2.10M5 sales	2,100	6.8%
Breeze3 towers · rent filed for the project	AED 156,50040 contracts	AED 2.62M8 sales	2,422	6.0%
Canopy - Moor6 towers · rent filed for the project	AED 117,50074 contracts	AED 2.40M58 sales	2,279	4.9%
Grove5 towers · rent filed for the project	AED 145,00059 contracts	AED 2.43M17 sales	2,212	6.0%
Lotus4 towers · rent filed for the project	AED 150,00024 contracts	AED 2.46M10 sales	2,308	6.1%
Orchid2 towers · rent filed for the project	AED 120,00011 contracts	AED 2.35M6 sales	2,294	5.1%
Rosewater3 towers · rent filed for the project	AED 170,00024 contracts	AED 2.52M21 sales	2,169	6.7%
Savanna-Cedar-Mangrove9 towers · rent filed for the project	AED 120,000114 contracts	AED 2.27M39 sales	2,233	5.3%
Summer4 towers · rent filed for the project	AED 123,00010 contracts	—1 sale, too few	—	—
Sunset3 towers · rent filed for the project	AED 145,00025 contracts	AED 2.39M4 sales	2,279	6.1%
Surf2 towers · rent filed for the project	AED 130,0008 contracts	AED 2.40M3 sales	2,410	5.4%
VIDA Residences1 tower · rent filed for the project	AED 168,94734 contracts	AED 3.00M15 sales	2,600	5.6%
Palace Residences2 developments, pooled	AED 160,000156 contracts	AED 2.95M49 sales	2,721	5.4%
Dubai Creek Harbour1 tower · rent filed for the project	AED 165,00090 contracts	AED 3.38M14 sales	2,905	4.9%
North1 tower	AED 150,00066 contracts	AED 2.80M35 sales	2,585	5.4%
17 Icon Bay2 towers	AED 135,00055 contracts	AED 2.42M12 sales	2,179	5.6%
Address Harbour Point2 towers · rent filed for the project	AED 205,00026 contracts	AED 4.09M34 sales	3,415	5.0%
Aeon2 towers	—none	AED 3.06M5 sales	2,253	—
Altus2 towers	—none	AED 2.75M6 sales	2,375	—
Creek Bay2 towers	—none	AED 3.81M291 sales	3,030	—
Creek Edge2 towers · rent filed for the project	AED 150,00089 contracts	AED 2.85M18 sales	2,587	5.3%
Creek Gate2 towers · rent filed for the project	AED 132,25078 contracts	AED 2.50M13 sales	2,332	5.3%
Creek Haven2 towers	—none	AED 3.50M198 sales	2,910	—
Creek Horizon3 towers · rent filed for the project	AED 135,00059 contracts	AED 2.60M21 sales	2,225	5.2%
Creek Rise3 towers · rent filed for the project	AED 140,00079 contracts	AED 2.55M33 sales	2,255	5.5%
Creekside 183 towers · rent filed for the project	AED 140,00059 contracts	AED 2.65M13 sales	2,310	5.3%
Harbour Gate3 towers · rent filed for the project	AED 135,00070 contracts	AED 2.55M25 sales	2,220	5.3%
Harbour Views3 towers · rent filed for the project	AED 149,78598 contracts	AED 2.60M15 sales	2,206	5.8%
Palace Residences Creek Blue2 towers	—none	AED 3.78M6 sales	3,288	—
The Cove · this development3 towers · rent filed for the project	AED 165,00042 contracts	AED 3.00M15 sales	2,279	5.5%
The Cove ll9 towers · rent filed for the project	AED 157,50022 contracts	AED 2.88M37 sales	2,303	5.5%
The Dubai Creek Residences8 towers · rent filed for the project	AED 180,000102 contracts	AED 3.50M28 sales	2,198	5.1%
Valia2 towers	—none	AED 3.23M134 sales	2,569	—
All of Dubai Creek Harbourevery building, in a project or not	AED 150,0001,621 contracts	AED 3.15M1,679 sales	2,510	4.8%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.

Nearby in Dubai Creek Harbour

Every building in Dubai Creek Harbour →

Prices per sq ft around THE COVE Building 1, on the map

Pills show median annual rent, AED. 72 buildings pinned from Google place records and Apple geocoding · THE COVE Building 1 is the inverted pinOpen in Apple Maps

THE COVE Building 3

Dubai Creek Harbour · 75 contracts, 12 months

160,000

AED a year median · 128/sqft

THE COVE Building 2

Dubai Creek Harbour · 75 contracts, 12 months

160,000

AED a year median · 128/sqft

Savanna at Creek Beach Building 2

Dubai Creek Harbour · 278 contracts, 12 months

110,000

AED a year median · 118/sqft

Cedar at Creek Beach Building 4

Dubai Creek Harbour · 278 contracts, 12 months

110,000

AED a year median · 118/sqft

Ask about THE COVE Building 1

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Common questions

What is the registered annual rent for a 2 bedroom in THE COVE Building 1?: The median new annual rent is AED 165,000, from 42 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in THE COVE Building 1 risen or fallen?: The median new annual rent changed -2.9% in the trailing 12 months against the previous 12, using 42 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in THE COVE Building 1 pay more than sitting ones?: A new tenant pays +6.7% against a renewing one, across 22 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in THE COVE Building 1?: 9 sales were registered with the Dubai Land Department in the last 12 months, alongside 42 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to THE COVE Building 1?: Creek Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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THE COVE Building 1 rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 42 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record: /rent/apartments/dubai/dubai-creek-harbour/the-cove-building-1
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “THE COVE Building 1 rents and yield.” Dubai Creek Harbour, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-creek-harbour/the-cove-building-1

Stable dataJSON