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Ejari leases to 12 Oct 2026

The Cove II Building 5 rents

  • 32 new leases in 12 months
  • Dubai Creek Harbour
  • near Creek Metro Station

A two-bed here leases for about AED 157,500 a year, 9% above the typical Dubai Creek Harbour two-bed.

2 bed · typical new lease

157,500AEDa year

AED 116/sqft

A month, roughly
AED 13,125
vs Dubai Creek Harbour 2 bed
9% above the median
New leases, 12 months
22
Buying instead? The Cove II Building 5 sale prices →

What should a lease in The Cove II Building 5 cost?A two-bed leases for about AED 157,500 a year

TypeNew leaseRenewalvs Dubai Creek HarbourLeases
1 bed90,000115/sqft—5% lesstypical 95,0008
2 bedmost leased157,500116/sqft—9% moretypical 145,00022
3 bed245,000142/sqft—11% moretypical 220,0002

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.

Median annual rent by year, 2 bed, with fainter bars resting on fewer contracts. Too few monthly records in The Cove II Building 5 to draw an honest monthly line.

Chart data, 2 bed: 2026, AED 152,500; latest, 2026, AED 152,500; peak, 2026, AED 152,500.

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 II Building 5An apartment building in Dubai Creek Harbour

The Cove II Building 5 is an apartment building completed in 2026 by The Lagoons Phase One in Dubai Creek Harbour. 32 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Master developer
The Lagoons Phase One

Nearest, as registered

Metro
Creek Metro Station
Mall
Dubai Mall
Landmark
Dubai International Airport

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 II Building 5 places 91st of 96; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
87Creek Beach - Canopy Building 3AED 110,000116+0.2%—150
88–95The Cove II Building 10, 11, 4, 5, 6, 7, 8, 9one project rent, 8 towers · includes this buildingAED 150,000116—32

Rank 1 is the dearest per square foot. Differences are against The Cove II Building 5.

At 2 bed, The Cove II Building 5 ranks 76th of 93 by rent per square foot and 31st 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 II Building 5

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 ll towers

9 towers in The Cove ll, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
The Cove II Building 4AED 2.60M10 sales2,302AED 157,500project pool6.0%
The Cove II Building 5 · this buildingAED 2.92M6 sales2,108AED 157,500project pool5.4%
The Cove II Building 6AED 2.49M6 sales2,049AED 157,500project pool6.3%
The Cove II Building 7—1 sale, too few—AED 157,500project pool—
The Cove II Building 8AED 3.28M4 sales2,369AED 157,500project pool4.8%
The Cove II Building 9AED 2.74M5 sales2,406AED 157,500project pool5.8%
The Cove II Building 10AED 3.30M3 sales2,381AED 157,500project pool4.8%
The Cove II Building 11—2 sales, too few—AED 157,500project pool—
The Cove II Townhouses—none——none—

Ejari files The Cove ll’s leases under the project, not a tower, so 8 towers 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
DevelopmentRent a yearPriceAED/sqftGross yield
Creek Beach12 developments, pooledAED 135,000439 contractsAED 2.40M187 sales2,2815.6%
Bayshore4 towers · rent filed for the projectAED 142,00016 contractsAED 2.10M5 sales2,1006.8%
Breeze3 towers · rent filed for the projectAED 156,50040 contractsAED 2.62M8 sales2,4226.0%
Canopy - Moor6 towers · rent filed for the projectAED 117,50074 contractsAED 2.40M58 sales2,2794.9%
Grove5 towers · rent filed for the projectAED 145,00059 contractsAED 2.43M17 sales2,2126.0%
Lotus4 towers · rent filed for the projectAED 150,00024 contractsAED 2.46M10 sales2,3086.1%
Orchid2 towers · rent filed for the projectAED 120,00011 contractsAED 2.35M6 sales2,2945.1%
Rosewater3 towers · rent filed for the projectAED 170,00024 contractsAED 2.52M21 sales2,1696.7%
Savanna-Cedar-Mangrove9 towers · rent filed for the projectAED 120,000114 contractsAED 2.27M39 sales2,2335.3%
Summer4 towers · rent filed for the projectAED 123,00010 contracts—1 sale, too few——
Sunset3 towers · rent filed for the projectAED 145,00025 contractsAED 2.39M4 sales2,2796.1%
Surf2 towers · rent filed for the projectAED 130,0008 contractsAED 2.40M3 sales2,4105.4%
VIDA Residences1 tower · rent filed for the projectAED 168,94734 contractsAED 3.00M15 sales2,6005.6%
Palace Residences2 developments, pooledAED 160,000156 contractsAED 2.95M49 sales2,7215.4%
Dubai Creek Harbour1 tower · rent filed for the projectAED 165,00090 contractsAED 3.38M14 sales2,9054.9%
North1 towerAED 150,00066 contractsAED 2.80M35 sales2,5855.4%
17 Icon Bay2 towersAED 135,00055 contractsAED 2.42M12 sales2,1795.6%
Address Harbour Point2 towers · rent filed for the projectAED 205,00026 contractsAED 4.09M34 sales3,4155.0%
Aeon2 towers—noneAED 3.06M5 sales2,253—
Altus2 towers—noneAED 2.75M6 sales2,375—
Creek Bay2 towers—noneAED 3.81M291 sales3,030—
Creek Edge2 towers · rent filed for the projectAED 150,00089 contractsAED 2.85M18 sales2,5875.3%
Creek Gate2 towers · rent filed for the projectAED 132,25078 contractsAED 2.50M13 sales2,3325.3%
Creek Haven2 towers—noneAED 3.50M198 sales2,910—
Creek Horizon3 towers · rent filed for the projectAED 135,00059 contractsAED 2.60M21 sales2,2255.2%
Creek Rise3 towers · rent filed for the projectAED 140,00079 contractsAED 2.55M33 sales2,2555.5%
Creekside 183 towers · rent filed for the projectAED 140,00059 contractsAED 2.65M13 sales2,3105.3%
Harbour Gate3 towers · rent filed for the projectAED 135,00070 contractsAED 2.55M25 sales2,2205.3%
Harbour Views3 towers · rent filed for the projectAED 149,78598 contractsAED 2.60M15 sales2,2065.8%
Palace Residences Creek Blue2 towers—noneAED 3.78M6 sales3,288—
The Cove3 towers · rent filed for the projectAED 165,00042 contractsAED 3.00M15 sales2,2795.5%
The Cove ll · this development9 towers · rent filed for the projectAED 157,50022 contractsAED 2.88M37 sales2,3035.5%
The Dubai Creek Residences8 towers · rent filed for the projectAED 180,000102 contractsAED 3.50M28 sales2,1985.1%
Valia2 towers—noneAED 3.23M134 sales2,569—
All of Dubai Creek Harbourevery building, in a project or notAED 150,0001,621 contractsAED 3.15M1,679 sales2,5104.8%

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.

More from The Lagoons Phase One

Nearby in Dubai Creek Harbour

Prices per sq ft around The Cove II Building 5, on the map
Pills show median annual rent, AED. 72 buildings pinned from Google place records and Apple geocoding · The Cove II Building 5 is the inverted pinOpen in Apple Maps

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Common questions

What is the registered annual rent for a 2 bedroom in The Cove II Building 5?
The median new annual rent is AED 157,500, from 22 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.
How many apartments change hands in The Cove II Building 5?
6 sales were registered with the Dubai Land Department in the last 12 months, alongside 22 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to The Cove II Building 5?
Creek Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
What is the rental yield in The Cove II Building 5?
The Cove II Building 5 returns 5.4% gross: a median new-contract rent of AED 157,500 a year (22 Ejari contracts in 12 months) over a price benchmark of AED 2.92M (median of 6 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 2 bedroom in The Cove II Building 5 cost?
The median registered sale price is AED 2.92M (2,108 AED/sqft), from 6 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

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The Cove II Building 5 rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
22 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/dubai-creek-harbour/the-cove-ii-building-5
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Cove II Building 5 rents and yield.” Dubai Creek Harbour, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-creek-harbour/the-cove-ii-building-5

Stable dataJSON