Unit 114, Alcove: what it sold for and what it is worth now

Unit 114 at Alcove is a 2 bed of 1,725 sq ft. It last sold for AED 1,110,000 on 29 Aug 2022. At AED 675 per sq ft, from 5 sales in the building in the last 24 months (2 bed), it is worth about AED 1,165,000 today.

Value todayAED 1,165,000AED 1,125,000 to AED 1,214,000
Last saleAED 1,110,00029 Aug 2022 · Resale
Change since last sale+5.0% 
Rent (median asking, 2 bed)AED 95,000Gross yield 8.2%
Bedrooms2 bed
Size1,725 sq ft
Floor1 (from the unit number)
Position in the towerStack 14: units ending 14 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 114

DatePriceSizeAED/sq ftType
29 Aug 2022AED 1,110,0001,725 sq ft643Resale

Latest 2 bed sales in Alcove

UnitDatePriceSizeAED/sq ftType
5085 Aug 2026AED 1,350,0001,999 sq ft675Resale
51027 Feb 2026AED 1,450,0002,060 sq ft704Resale
51120 Jun 2025AED 1,360,0002,085 sq ft652Resale
50513 May 2025AED 1,260,0001,280 sq ft984Resale
50821 Oct 2024AED 1,240,0001,999 sq ft620Resale
4104 Jul 2024AED 1,245,0001,792 sq ft695Resale
40930 May 2024AED 1,200,0002,574 sq ft466Resale
4073 Feb 2023AED 1,180,0001,914 sq ft617Resale

How we worked out the value

We took the 5 sales in Alcove in the last 24 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 675). We multiplied it by the size of this unit (1,725 sq ft). The range uses the middle half of those sales (AED 652 to AED 704 per sq ft). 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 114 at Alcove worth?

About AED 1,165,000 (range AED 1,125,000 to AED 1,214,000), based on AED 675 per sq ft from registered sales up to 12 Oct 2026.

When did unit 114 last sell?

29 Aug 2022, for AED 1,110,000 (resale). It has 1 registered sale.

What rent can unit 114 make?

A 2 bed in Alcove rents for about AED 95,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.

Sales alert for AlcoveAll sales in Alcove

Unit 113 · Unit 115