PropertyIndex

Alcove

Completed|101 units · 1 building

Alcove is a completed development by GROVY REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 101 registered units. 115 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 1% below the Jumeirah Village Circle median of AED 942 per sqft on registered sales.

PIX© price · 0.7% YoY
827KAED
Typical
929AED
PSF
Gross yield
8.9%
PIX© rent ÷ PIX© price
Sale records
115
DLD · all time
Rent contracts
331
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 3

1 Bed on Floor 3, Alcove

Size
Record
Sep 2017 to Dec 2025
Owners
3
Tenants
3
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Tenant 320 Dec 20254 mo
Ended early
Owner 3
3Owner 39 May 202516 mo
Current owner
Sold with tenant in place
2Owner 213 Nov 20246 mo
Sold with tenant in place
2Tenant 25 Jan 20206.0 yrs
Owner 1
1Tenant 11 Sep 201812 mo
Owner 1
1Owner 118 Sep 20177.2 yrs
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1 Bed · Floor 3 · Alcove
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Alcove

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
39 - 2,574 sqft
101827K9290.7%74K8.9%
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---
Warehouse
39 - 150 sqft
14-----
Sales - Project-Wide115 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
18 Jun 20261 BedAlcove · Floor 1848740,000873-8.2%StandardStandard Sale
9 Apr 20261 BedAlcove · Floor 4970920,000949+8.2%StandardStandard Sale
27 Feb 20262 BedAlcove · Floor 52,0601,450,000704+8.8%StandardStandard Sale
Rentals - Project-Wide331 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
20 Oct 2026Alcove · Floor G38390,000235-StandardCONTRACT
7 Sep 20261 BedAlcove · Floor 586071,00083-StandardCERTIFICATE
1 Sep 2026Alcove · Floor G38399,000259-StandardCONTRACT

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.

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 827,295 for a typical unit, based on 115 sales registered with the Dubai Land Department.

Is Alcove completed?

Yes. Alcove is recorded as completed in the Dubai Land Department project register.

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 8.9% gross, calculated from current PIX© rent against current PIX© sale price, across 331 registered Ejari contracts.

How many units are in Alcove?

Alcove holds 101 registered units, per the Dubai Land Department unit register.

Have prices in Alcove gone up or down?

Price per sqft has risen +0.7% over the last 12 months, to AED 929, across 115 registered sales.