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© 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.
1 Bed on Floor 3, Alcove
- Size
- Record
- Sep 2017 to Dec 2025
- Owners
- 3
- Tenants
- 3
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 3Tenant 3 | 20 Dec 2025 | 4 mo | Ended early Owner 3 | |||
| 3Owner 3 | 9 May 2025 | 16 mo | Current owner Sold with tenant in place | |||
| 2Owner 2 | 13 Nov 2024 | 6 mo | Sold with tenant in place | |||
| 2Tenant 2 | 5 Jan 2020 | 6.0 yrs | Owner 1 | |||
| 1Tenant 1 | 1 Sep 2018 | 12 mo | Owner 1 | |||
| 1Owner 1 | 18 Sep 2017 | 7.2 yrs |
Your nightly rate and occupancy, against this unit’s registered record.
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 39 - 2,574 sqft | 101 | 827K | 929 | ↑0.7% | 74K | 8.9% | |
| 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 | - | - | - | - | - | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 18 Jun 2026 | 1 Bed | Alcove · Floor 1 | 848 | 740,000 | 873 | -8.2% | Standard | Standard Sale | |
| 9 Apr 2026 | 1 Bed | Alcove · Floor 4 | 970 | 920,000 | 949 | +8.2% | Standard | Standard Sale | |
| 27 Feb 2026 | 2 Bed | Alcove · Floor 5 | 2,060 | 1,450,000 | 704 | +8.8% | Standard | Standard Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 20 Oct 2026 | — | — | Alcove · Floor G | 383 | 90,000 | 235 | - | Standard | CONTRACT |
| 7 Sep 2026 | 1 Bed | Alcove · Floor 5 | 860 | 71,000 | 83 | - | Standard | CERTIFICATE | |
| 1 Sep 2026 | — | — | Alcove · Floor G | 383 | 99,000 | 259 | - | Standard | CONTRACT |
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.
- Roxana Residence DAED 927/sqft
- La Riviera AzureAED 942/sqft
- Dezire ResidencesAED 945/sqft
- City ApartmentsAED 957/sqft
- May Residence 1AED 876/sqft
- Arezzo 2AED 870/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 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.