Unit 215, Alcove: what it sold for and what it is worth now

Unit 215 at Alcove is a 1 bed of 871 sq ft. It last sold for AED 600,000 on 9 Feb 2023. At AED 903 per sq ft, from 6 sales in the building in the last 12 months (1 bed), it is worth about AED 787,000 today.

Value todayAED 787,000AED 772,000 to AED 812,000
Last saleAED 600,0009 Feb 2023 · Resale
Change since last sale+31.2%Building trend alone: AED 769,701
Rent (median asking, 1 bed)AED 74,999Gross yield 9.5%
Bedrooms1 bed
Size871 sq ft
Floor2 (from the unit number)
Position in the towerStack 15: units ending 15 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 215

DatePriceSizeAED/sq ftType
9 Feb 2023AED 600,000871 sq ft689Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11525 Aug 2025AED 810,000871 sq ft930Resale

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 6 sales in Alcove in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 903). We multiplied it by the size of this unit (871 sq ft). The range uses the middle half of those sales (AED 886 to AED 932 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 769,701. 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 215 at Alcove worth?

About AED 787,000 (range AED 772,000 to AED 812,000), based on AED 903 per sq ft from registered sales up to 12 Oct 2026.

When did unit 215 last sell?

9 Feb 2023, for AED 600,000 (resale). It has 1 registered sale.

What rent can unit 215 make?

A 1 bed in Alcove rents for about AED 74,999 a year (median asking rent). That is a gross yield of 9.5% on the estimate.

Sales alert for AlcoveAll sales in Alcove

Unit 213 · Unit 217