Unit 308, Alcove: what it sold for and what it is worth now

Unit 308 at Alcove is a 1 bed of 979 sq ft. It last sold for AED 940,000 on 18 Aug 2025. At AED 675 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 661,000 today.

Value todayAED 661,000AED 634,000 to AED 801,000
Last saleAED 940,00018 Aug 2025 · Resale
Change since last sale-29.7%Building trend alone: AED 921,731
Rent (median asking, 1 bed)AED 74,999Gross yield 11.3%
Bedrooms1 bed
Size979 sq ft
Floor3 (from the unit number)
Position in the towerStack 08: units ending 08 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 308

DatePriceSizeAED/sq ftType
18 Aug 2025AED 940,000979 sq ft960Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
5085 Aug 2026AED 1,350,0001,999 sq ft675Resale
50821 Oct 2024AED 1,240,0001,999 sq ft620Resale

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 08 in the last 24 months, 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 (979 sq ft). The range uses the middle half of those sales (AED 648 to AED 818 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 921,731. 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 308 at Alcove worth?

About AED 661,000 (range AED 634,000 to AED 801,000), based on AED 675 per sq ft from registered sales up to 12 Oct 2026.

When did unit 308 last sell?

18 Aug 2025, for AED 940,000 (resale). It has 1 registered sale.

What rent can unit 308 make?

A 1 bed in Alcove rents for about AED 74,999 a year (median asking rent). That is a gross yield of 11.3% on the estimate.

Sales alert for AlcoveAll sales in Alcove

Unit 307 · Unit 310