Unit 212 at Alcove is a studio of 439 sq ft. It last sold for AED 500,000 on 12 Oct 2023. At AED 889 per sq ft, from 8 sales in the building in the last 12 months, it is worth about AED 390,000 today.
| Bedrooms | studio |
|---|---|
| Size | 439 sq ft |
| Floor | 2 (from the unit number) |
| Position in the tower | Stack 12: units ending 12 share the same layout and view |
| Building | Alcove by Grovy Real Estate Development, handed over 2018 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 12 Oct 2023 | AED 500,000 | 439 sq ft | 1,139 | Resale |
| 16 Dec 2021 | AED 360,000 | 439 sq ft | 820 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 312 | 11 Jun 2024 | AED 550,000 | 439 sq ft | 1,253 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 113 | 4 Jun 2025 | AED 525,000 | 443 sq ft | 1,185 | Resale |
| 213 | 6 Nov 2024 | AED 510,000 | 444 sq ft | 1,149 | Resale |
| 312 | 11 Jun 2024 | AED 550,000 | 439 sq ft | 1,253 | Resale |
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 (439 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 580,998. Floor, view, condition and upgrades can move the price either way. Sales data to 12 Oct 2026, from the Dubai Land Department register.
About AED 390,000 (range AED 365,000 to AED 403,000), based on AED 889 per sq ft from registered sales up to 12 Oct 2026.
12 Oct 2023, for AED 500,000 (resale). It has 2 registered sales.
A studio in Alcove rents for about AED 45,000 a year (median asking rent). That is a gross yield of 11.5% on the estimate.