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Alcove is a completed apartment development by GROVY REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 87 registered units. 116 sales are registered with the Dubai Land Department, at a current PIX© price of AED 929 per sqft. At AED 929 per sqft, Alcove prices 36% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 340 – 2,574 sqft | 87 | 825K | 929 | ↓1.2% | 74K | 9.0% | |
| Residential | |||||||
Studio · Apartment 439 – 488 sqft | 10 | ||||||
1 Bed · Apartment 824 – 1,236 sqft | 55 | ||||||
2 Bed · Apartment 1,280 – 2,574 sqft | 15 | ||||||
| Commercial | |||||||
Shop 340 – 383 sqft | 7 | — | — | — | |||
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 5 Aug 2026 | 2 Bed | Floor 5 | 1,999 | 1,350,000 | 675 | +8.9% | Standard | Lease-to-Own |
| 18 Jun 2026 | 1 Bed | Floor 1 | 848 | 740,000 | 873 | -8.2% | Standard | Standard Sale |
| 9 Apr 2026 | 1 Bed | Floor 4 | 970 | 920,000 | 949 | +8.2% | Standard | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 72 rentals |
| Floors 1-2 | 37 rentals |
| Floors 3-5 | 35 rentals |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 10 Aug 2026 | 2 Bed | Floor 2 | 1,725 | 93,000 | 54 | -15.5% | Standard | new |
| 1 Aug 2026 | 1 Bed | Floor 3 | 883 | 68,000 | 77 | -24.4% | Standard | new |
| 31 Jul 2026 | 1 Bed | Floor 3 | 979 | 75,000 | 77 | +35.3% | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Jumeirah Village Circle
The closest-priced registered projects in Jumeirah Village Circle.
- Le Grand ChateauAED 927/sqft
- Noora Residence 1AED 925/sqft
- Dezire ResidencesAED 936/sqft
- Laya ResidencesAED 920/sqft
- Knight Bridge Court & Kensngton ManorAED 918/sqft
- BotanicaAED 915/sqft
Common questions about Alcove
Answered from Dubai Land Department registered transactions.
How much does a property in Alcove cost?
Property in Alcove sells at a current PIX© price of AED 929 per sqft, or about AED 824,742 for a typical unit, based on 116 sales registered with the Dubai Land Department.
Is Alcove completed?
Yes. Alcove is recorded as completed in the Dubai Land Department project register (completed q2 2018).
Who is the developer of Alcove?
Alcove is developed by GROVY REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Alcove?
Alcove yields 9.0% gross, calculated from current PIX© rent against current PIX© sale price, across 345 registered Ejari contracts.
How many units are in Alcove?
Alcove holds 87 registered units, per the Dubai Land Department unit register.
Have prices in Alcove gone up or down?
Price per sqft has fallen -1.2% over the last 12 months, to AED 929, across 116 registered sales.