The Alcove
Studios to two-beds in Jumeirah Village Circle (JVC). 7 apartments sold in the last 12 months; every sale, rent and unit is below.
About The Alcove
The Alcove is an apartment building in Jumeirah Village Circle (JVC), in Dubailand, between Al Khail Road and Sheikh Mohammed Bin Zayed Road. It is freehold. Grovy Real Estate Development completed it in 2018. It has five storeys and 80 apartments, from studios to two-bedroom homes of 436 to 2,574 sqft. Neighbouring buildings include Binghatti Gardenia, Taraf Residence JVC and Greygate Residences. Thamam Park is about 100 m away. Within about 500 m are IT'S A MUSIC ROOM, Star smiles Nursery, Mish mish Supermarket, Al fraganus trading house and HealthHub Clinic in JVC. The building has no metro station of its own. The Mall of the Emirates and Dubai Internet City stations on the Red Line are each a drive away.
80 apartments over 5 floors: 10 studios of 439 to 488 sqft, 55 one-beds of 436 to 1,236 sqft and 15 two-beds of 1,280 to 2,574 sqft. The service charge is AED 14.09 per sqft a year.
7 apartments sold in the 12 months to October 2026, at a median of AED 883 per sqft. Most of the trading is in one-beds: 4 of the 7 sales, at AED 740,000 to 920,000. 43 rental contracts were registered over the same 12 months, at a typical AED 71,000 a year.
- Developer
- Grovy Real Estate Development
- Completed
- 2018
- Floors
- 5
- Units
- 80
- Unit types
- Studio to 2-bed
Average prices in The Alcove
In The Alcove, typical sale prices over the last 12 months were around AED 550,000 for studios, AED 805,000 for one-beds and AED 1,400,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in The Alcove
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in The Alcove
- CompletedStudio · 464 sqft 22 Oct 2026AED 550,0001,185 /sqft
- Completed1-bed · 894 sqft 12 Oct 2026AED 790,000883 /sqft
- Completed2-bed · 1,999 sqft 05 Aug 2026AED 1,350,000675 /sqft
- Completed1-bed · 847 sqft 18 Jun 2026AED 740,000873 /sqft
- Completed1-bed · 969 sqft 09 Apr 2026AED 920,000949 /sqft
- Completed2-bed · 2,059 sqft 27 Feb 2026AED 1,450,000704 /sqft
- Completed1-bed · 873 sqft 16 Dec 2025AED 820,000939 /sqft
- Completed1-bed · 904 sqft 04 Nov 2025AED 810,000896 /sqft
- Completed1-bed · 894 sqft 28 Oct 2025AED 815,000911 /sqft
- Completed1-bed · 1,182 sqft 08 Oct 2025AED 960,000812 /sqft
Over the last 12 months, The Alcove has recorded 7 apartment sales. Typical homes sold for around AED 820K (about AED 883 per sqft) with a median size of 895 sqft; most were one-beds, from roughly AED 550K to AED 1.45M.
Units in The Alcove
80 units- Unit 1011-bed · 925 sqftSold AED 817K, Jul 2017
- Unit 102Studio · 462 sqftRented AED 50K/yr
- Unit 1031-bed · 1,236 sqftSold AED 1.01M, Jan 2018
- Unit 1041-bed · 873 sqftSold AED 820K, Dec 2025
- Unit 1051-bed · 848 sqftSold AED 740K, Jun 2026
- Unit 106Studio · 488 sqftSold AED 585K, Jul 2017
- Unit 1071-bed · 964 sqftSold AED 860K, May 2017
- Unit 1081-bed · 979 sqftSold AED 864K, Sep 2017
- Unit 1091-bed · 887 sqftSold AED 798K, Feb 2018
- Unit 1101-bed · 883 sqftSold AED 795K, Dec 2017
Nearby buildings in Jumeirah Village Circle (JVC)
All 325 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Binghatti Gardenia | 2024 | AED 1,565 | AED 111 | 7.1% |
| Taraf Residence JVC | Few sales | AED 72 | ||
| Greygate Residences | AED 1,401 | |||
| Oakley Square Residences - Tower B | 2023 | AED 1,623 | AED 112 | 6.9% |
| Oakley Square Residences - Tower A | 2023 | AED 1,714 | AED 119 | 6.9% |
| Binghatti Tulip | AED 1,708 | AED 120 | 7.0% | |
| One Park Square | AED 1,462 | |||
| Regina Tower | 2022 | AED 1,327 | AED 108 | 8.2% |
| Hadley Heights | 2025 | AED 1,366 | AED 86 | 6.3% |
| Lolena Residence | 2015 | AED 769 | AED 74 | 9.6% |
The Alcove in numbers
- Across 7 DLD sales in the 12 months to October 2026, the median price in The Alcove was AED 883 per sqft and the typical home sold for about AED 820K.
- Completed in 2018 by Grovy Real Estate Development ; 5 floors of studios to two-beds; service charge AED 14.09 per sqft a year.
- One-beds of 436 to 1,236 sqft sold for AED 740,000 to 920,000 between December 2025 and October 2026, a median AED 911 per sqft.
- An one-bed of 436 to 1,236 sqft rents for AED 40,000 to 85,000 a year on the 37 contracts registered in the last 12 months.
- Gross rental yield 8.5%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 22 October 2026.
Questions about The Alcove
How much does an one-bed in The Alcove cost?
4 one-beds sold in the 12 months to October 2026, for AED 740,000 to 920,000; the median was AED 805,000, or AED 911 per sqft.
How much is an one-bed for rent in The Alcove?
About AED 72,000 a year: that is the median of the 37 contracts for one-beds registered with Ejari in the 12 months to October 2026, from AED 40,000 to 85,000.
What is the rental yield in The Alcove?
About 8.5% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in The Alcove?
AED 14.09 per sqft a year. For a typical 895 sqft home that is about AED 12,600 a year.
Who built The Alcove and when?
Grovy Real Estate Development ; completed in 2018; 5 floors; 80 apartments.
How many apartments are there in The Alcove?
80, studios to two-beds. Each has its own page with its full sales and rental history.
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