Unit 316, Alcove: what it sold for and what it is worth now

Unit 316 at Alcove is a 1 bed of 895 sq ft. It last sold for AED 790,000 on 12 Oct 2026. At AED 903 per sq ft, from 6 sales in the building in the last 12 months (1 bed), it is worth about AED 808,000 today.

Value todayAED 808,000AED 793,000 to AED 834,000
Last saleAED 790,00012 Oct 2026 · Resale
Change since last sale+2.3% 
Rent (median asking, 1 bed)AED 74,999Gross yield 9.3%
Bedrooms1 bed
Size895 sq ft
Floor3 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingAlcove by Grovy Real Estate Development, handed over 2018
Registered sales of this unit2

Every registered sale of unit 316

DatePriceSizeAED/sq ftType
12 Oct 2026AED 790,000895 sq ft883Resale
12 Jun 2023AED 680,000895 sq ft760Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11625 Aug 2025AED 823,200895 sq ft920Resale

Latest 1 bed sales in Alcove

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

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 (895 sq ft). The range uses the middle half of those sales (AED 886 to AED 932 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 316 at Alcove worth?

About AED 808,000 (range AED 793,000 to AED 834,000), based on AED 903 per sq ft from registered sales up to 12 Oct 2026.

When did unit 316 last sell?

12 Oct 2026, for AED 790,000 (resale). It has 2 registered sales.

What rent can unit 316 make?

A 1 bed in Alcove rents for about AED 74,999 a year (median asking rent). That is a gross yield of 9.3% on the estimate.

Sales alert for AlcoveAll sales in Alcove

Unit 312 · Unit 317