Unit 505 at Alcove is a 2 bed of 1,280 sq ft. It last sold for AED 1,260,000 on 13 May 2025. At AED 929 per sq ft, from 4 sales of units ending 05 (same position in the tower), it is worth about AED 1,188,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,280 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 share the same layout and view |
| Building | Alcove by Grovy Real Estate Development, handed over 2018 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 13 May 2025 | AED 1,260,000 | 1,280 sq ft | 984 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 105 | 18 Jun 2026 | AED 740,000 | 848 sq ft | 873 | Resale |
| 305 | 9 May 2025 | AED 850,000 | 824 sq ft | 1,032 | Resale |
| 305 | 13 Nov 2024 | AED 665,000 | 824 sq ft | 807 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 508 | 5 Aug 2026 | AED 1,350,000 | 1,999 sq ft | 675 | Resale |
| 510 | 27 Feb 2026 | AED 1,450,000 | 2,060 sq ft | 704 | Resale |
| 511 | 20 Jun 2025 | AED 1,360,000 | 2,085 sq ft | 652 | Resale |
| 508 | 21 Oct 2024 | AED 1,240,000 | 1,999 sq ft | 620 | Resale |
| 410 | 4 Jul 2024 | AED 1,245,000 | 1,792 sq ft | 695 | Resale |
| 409 | 30 May 2024 | AED 1,200,000 | 2,574 sq ft | 466 | Resale |
| 407 | 3 Feb 2023 | AED 1,180,000 | 1,914 sq ft | 617 | Resale |
| 114 | 29 Aug 2022 | AED 1,110,000 | 1,725 sq ft | 643 | Resale |
We took the 4 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 929). We multiplied it by the size of this unit (1,280 sq ft). The range uses the middle half of those sales (AED 856 to AED 996 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,237,393. 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 1,188,000 (range AED 1,096,000 to AED 1,275,000), based on AED 929 per sq ft from registered sales up to 12 Oct 2026.
13 May 2025, for AED 1,260,000 (resale). It has 1 registered sale.
A 2 bed in Alcove rents for about AED 95,000 a year (median asking rent). That is a gross yield of 8.0% on the estimate.