THE COVE Building 2 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
What should a lease in THE COVE Building 2 cost?A two-bed leases for about AED 165,000 a year; new tenants pay 6.7% more than renewing ones
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.
Chart data, 2 bed: 2022, AED 118,000; latest, 2026, AED 160,000; peak, 2025, AED 170,000.
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 2An apartment building in Dubai Creek Harbour, a 12-minute drive from DXB Airport
THE COVE Building 2 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.
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
- 12 min · 7.0 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 2?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 898
- 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 2 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 2 places 35th of 96; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against THE COVE Building 2.
At 2 bed, THE COVE Building 2 ranks 29th of 93 by rent per square foot and 25th 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 activityPlanned 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 supplySupply 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 countedDirect 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.
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 typeDubai Creek Harbour: every development at this type
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.
More from The Lagoons Phase One
Harbour Views Podium
Dubai Creek Harbour · 253 contracts, 12 months
135,000
AED a year median · 128/sqft
Harbour Views T1
Dubai Creek Harbour · 253 contracts, 12 months
135,000
AED a year median · 128/sqft
Harbour Views T2
Dubai Creek Harbour · 253 contracts, 12 months
135,000
AED a year median · 128/sqft
The Dubai Creek Residences - North Podium
Dubai Creek Harbour · 248 contracts, 12 months
174,532
AED a year median · 120/sqft
Nearby in Dubai Creek Harbour
Prices per sq ft around THE COVE Building 2, on the mapPrices per sq ft around THE COVE Building 2, on the map
THE COVE Building 1
Dubai Creek Harbour · 75 contracts, 12 months
160,000
AED a year median · 128/sqft
THE COVE Building 3
Dubai Creek Harbour · 75 contracts, 12 months
160,000
AED a year median · 128/sqft
Cedar at Creek Beach Building 3
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 2
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the registered annual rent for a 2 bedroom in THE COVE Building 2?
- 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 2 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 2 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 2?
- 4 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 2?
- Creek Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
For agents
Send this page to a client as a branded report
THE COVE Building 2 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 19 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-2
Cite as: Dubai Wealth Index. “THE COVE Building 2 rents and yield.” Dubai Creek Harbour, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-creek-harbour/the-cove-building-2
Stable dataJSON