Unit 118, Alcove: what it sold for and what it is worth now

Unit 118 at Alcove is a 1 bed of 911 sq ft. It last sold for AED 825,000 on 15 Jul 2025. At AED 856 per sq ft, from 3 sales of units ending 18 (same position in the tower), it is worth about AED 780,000 today.

Value todayAED 780,000AED 726,000 to AED 803,000
Last saleAED 825,00015 Jul 2025 · Resale
Change since last sale-5.5%Building trend alone: AED 808,966
Rent (median asking, 1 bed)AED 74,999Gross yield 9.6%
Bedrooms1 bed
Size911 sq ft
Floor1 (from the unit number)
Position in the towerStack 18: units ending 18 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 118

DatePriceSizeAED/sq ftType
15 Jul 2025AED 825,000911 sq ft906Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2183 Sep 2025AED 780,000911 sq ft856Resale
21814 May 2025AED 671,082911 sq ft737Resale

Latest 1 bed sales in Alcove

UnitDatePriceSizeAED/sq ftType
31612 Oct 2026AED 790,000895 sq ft883Resale
10518 Jun 2026AED 740,000848 sq ft873Resale
4069 Apr 2026AED 920,000970 sq ft948Resale
10416 Dec 2025AED 820,000873 sq ft939Resale
5014 Nov 2025AED 810,000904 sq ft896Resale
11728 Oct 2025AED 815,000895 sq ft911Resale
3038 Oct 2025AED 960,0001,183 sq ft811Resale
2183 Sep 2025AED 780,000911 sq ft856Resale

How we worked out the value

We took the 3 resale sales of units ending 18 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 856). We multiplied it by the size of this unit (911 sq ft). The range uses the middle half of those sales (AED 796 to AED 881 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 808,966. 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 118 at Alcove worth?

About AED 780,000 (range AED 726,000 to AED 803,000), based on AED 856 per sq ft from registered sales up to 12 Oct 2026.

When did unit 118 last sell?

15 Jul 2025, for AED 825,000 (resale). It has 1 registered sale.

What rent can unit 118 make?

A 1 bed in Alcove rents for about AED 74,999 a year (median asking rent). That is a gross yield of 9.6% on the estimate.

Sales alert for AlcoveAll sales in Alcove

Unit 117 · Unit 201