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. 117 sales are registered with the Dubai Land Department, at a current PIX© price of AED 931 per sqft. At AED 931 per sqft, Alcove prices 2% below the Jumeirah Village Circle median of AED 950 per sqft on registered sales.

PIX© price · ↑0.8% YoY
849KAED
Typical
931AED
PSF
Gross yield
8.4%
PIX© rent ÷ PIX© price
Sale records
117
DLD · all time
Rent contracts
336
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 202518 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
101849K931↑0.8%71K8.4%
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-Wide117 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
22 Oct 2026StudioAlcove · Floor 3464550,0001,185+1.8%StandardStandard Sale
12 Oct 20261 BedAlcove · Floor 3895790,000883+16.2%StandardStandard Sale
18 Jun 20261 BedAlcove · Floor 1848740,000873-8.2%StandardStandard Sale
Rentals - Project-Wide336 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 2026——Alcove · Floor G38390,000235-StandardCONTRACT
10 Oct 20261 BedAlcove · Floor 191155,00060-Entry LevelCONTRACT
5 Oct 20261 BedAlcove · Floor 396472,00075-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 931 per sqft, or about AED 848,607 for a typical unit, based on 117 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 8.4% gross, calculated from current PIX© rent against current PIX© sale price, across 336 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 +0.8% over the last 12 months, to AED 931, across 117 registered sales.