ALCOVE
ResaleDeveloperGROVY REAL ESTATE DEVELOPMENT L.L.C
CommunityJumeirah Village Circle
Started
10 years 4 months ago01-09-2015
Handover
7 years 8 months ago06-05-2018
Status
CompleteFinished
Project Description
B+G+5+R Residential building Located in JVC, with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 915/sqft
Last 12M:AED 903/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 903/sqft
Prior Year:AED 842/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-27%
Below AvgProject:AED 915/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
High20%Turnover
17Sold (Last 12M)
Supply & Demand Matrix
ALCOVE averaged 20% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
10 units
1 sold9 left
10%
Velocity
1 Bedroom
55 units
14 sold41 left
25%
Velocity
2 Bedrooms
15 units
2 sold13 left
13%
Velocity
Shop
7 units
0 sold7 left
0%
Velocity
Layouts & Units (87)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-3 | Inventory 10units 7 layouts · Typically 1 parking 5-9 sqm balcony | Size Range 439-488sqft | Price Range AED 360K - AED 550K | Avg PSF 1,142 | Sales 5 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-5 | Inventory 55units 30 layouts · Typically 1 parking 8-25 sqm balcony | Size Range 436-1,236sqft | Price Range AED 470K - AED 960K | Avg PSF 803 | Sales 27 | Trend — | |
Asset Class 2 Bed FlatFloors 1-5 | Inventory 15units 12 layouts · Typically 1 parking 20-136 sqm balcony | Size Range 1,280-2,574sqft | Price Range AED 1.1M - AED 1.4M | Avg PSF 635 | Sales 8 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 26,510-26,510sqft | Price Range AED 11.9M - AED 11.9M | Avg PSF 311 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 462-1,001sqft | Price Range — | Avg PSF 4,995 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 7units 5 layouts · Typically 1 parking | Size Range 339-383sqft | Price Range — | Avg PSF 1,450 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 87 units