Unit 113, Alcove: what it sold for and what it is worth now

Unit 113 at Alcove is a studio of 443 sq ft. It last sold for AED 525,000 on 4 Jun 2025. At AED 889 per sq ft, from 8 sales in the building in the last 12 months, it is worth about AED 394,000 today.

Value todayAED 394,000AED 368,000 to AED 407,000
Last saleAED 525,0004 Jun 2025 · Resale
Change since last sale-25.0%Building trend alone: AED 515,188
Rent (median asking, studio)AED 45,000Gross yield 11.4%
Bedroomsstudio
Size443 sq ft
Floor1 (from the unit number)
Position in the towerStack 13: units ending 13 share the same layout and view
BuildingAlcove by Grovy Real Estate Development, handed over 2018
Registered sales of this unit1

Every registered sale of unit 113

DatePriceSizeAED/sq ftType
4 Jun 2025AED 525,000443 sq ft1,185Resale

Units ending 13 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2136 Nov 2024AED 510,000444 sq ft1,149Resale

Latest studio sales in Alcove

UnitDatePriceSizeAED/sq ftType
2136 Nov 2024AED 510,000444 sq ft1,149Resale
31211 Jun 2024AED 550,000439 sq ft1,253Resale
21212 Oct 2023AED 500,000439 sq ft1,139Resale
21216 Dec 2021AED 360,000439 sq ft820Resale

How we worked out the value

We took the 8 sales in Alcove in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 889). We multiplied it by the size of this unit (443 sq ft). The range uses the middle half of those sales (AED 830 to AED 918 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 515,188. Floor, view, condition and upgrades can move the price either way. Sales data to 12 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 113 at Alcove worth?

About AED 394,000 (range AED 368,000 to AED 407,000), based on AED 889 per sq ft from registered sales up to 12 Oct 2026.

When did unit 113 last sell?

4 Jun 2025, for AED 525,000 (resale). It has 1 registered sale.

What rent can unit 113 make?

A studio in Alcove rents for about AED 45,000 a year (median asking rent). That is a gross yield of 11.4% on the estimate.

Sales alert for AlcoveAll sales in Alcove

Unit 105 · Unit 114