Bedroom typeJumeirah Village Circle (JVC) · Grovy Real Estate Development · 2018

Studios in The Alcove

Studios in Jumeirah Village Circle (JVC). 1 studio sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 22 October 2026
Typical price per sqftAED 1,1841 sale
Typical saleAED 550K1 sale
Typical rentAED 50K /yrAED 108 per sqft
Typical yield9.1%AED 14.09/sqft charge

About the studios in The Alcove

The Alcove has 10 studios, 13% of its 80 apartments, at 439 to 488 sqft. 1 of the building's 7 sales in the last 12 months were studios. The service charge is AED 14.09 per sqft a year.

1 studio sold in the 12 months to October 2026, at a median of AED 1,184 per sqft. The median sale was AED 550,000, against a median of AED 883 per sqft for the building as a whole. 4 contracts registered over the same 12 months rented them for AED 47,250 to 50,000 a year, a gross yield of about 9.1% before the service charge.

Studios
10
Share of building
13%
Size
439–488 sqft
Last sale
22 October 2026
Building
The Alcove

Jumeirah Village Circle (JVC), Dubai

Average prices in The Alcove

Studios in The Alcove sell for around AED 550,000, or AED 1,184 per sqft, 34% more per sqft than the building average. The other types: AED 805,000 for one-beds and AED 1,400,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in The Alcove

1,1001,2001,300May 2026Nov 20262026-10-22: AED 1,184, Studio, 464 sqft

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Studio transactions in The Alcove

  • CompletedStudio · 464 sqft 22 Oct 2026AED 550,0001,185 /sqft
  • CompletedStudio · 443 sqft 04 Jun 2025AED 525,0001,185 /sqft
  • CompletedStudio · 443 sqft 06 Nov 2024AED 510,0001,149 /sqft
  • CompletedStudio · 439 sqft 11 Jun 2024AED 550,0001,251 /sqft
  • CompletedStudio · 439 sqft 12 Oct 2023AED 500,0001,138 /sqft
  • CompletedStudio · 439 sqft 16 Dec 2021AED 360,000819 /sqft
  • Off-planStudio · 464 sqft 08 Nov 2017AED 540,1881,164 /sqft
  • Off-planStudio · 443 sqft 18 Sep 2017AED 507,9531,145 /sqft
  • Off-planStudio · 440 sqft 07 Aug 2017AED 505,2301,148 /sqft
  • Off-planStudio · 487 sqft 11 Jul 2017AED 585,0431,200 /sqft

Over the last 12 months, The Alcove has recorded 1 studio sale. Typical homes sold for around AED 550K (about AED 1,184 per sqft) with a median size of 464 sqft.

1–10 of 13

Studios in The Alcove

10 units
  • Unit 102Studio · 462 sqftRented AED 50K/yr
  • Unit 106Studio · 488 sqftSold AED 585K, Jul 2017
  • Unit 112Studio · 440 sqftSold AED 505K, Aug 2017
  • Unit 113Studio · 443 sqftSold AED 525K, Jun 2025
  • Unit 206Studio · 464 sqftSold AED 557K, Feb 2017
  • Unit 212Studio · 439 sqftSold AED 500K, Oct 2023
  • Unit 213Studio · 444 sqftSold AED 510K, Nov 2024
  • Unit 306Studio · 464 sqftSold AED 550K, Oct 2026
  • Unit 312Studio · 439 sqftSold AED 550K, Jun 2024
  • Unit 313Studio · 444 sqftSold AED 505K, Apr 2017

Nearby in Jumeirah Village Circle (JVC)

All 325 →
BuildingSale /sqftYield
Binghatti GardeniaAED 1,5657.1%
Taraf Residence JVCFew sales
Greygate ResidencesAED 1,401
Oakley Square Residences - Tower BAED 1,6236.9%
Oakley Square Residences - Tower AAED 1,7146.9%
1–5 of 324 · nearest first

The Alcove studios in numbers

  • Across 1 DLD sale in the 12 months to October 2026, the median price in Studios in The Alcove was AED 1,184 per sqft and the typical home sold for about AED 550K.
  • Completed in 2018 by Grovy Real Estate Development ; 5 floors of studios to two-beds; service charge AED 14.09 per sqft a year.
  • A studio of 439 to 488 sqft rents for AED 47,250 to 50,000 a year on the 4 contracts registered in the last 12 months.
  • Gross rental yield 9.1%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 22 October 2026.

Questions

How much does a studio in The Alcove cost?

1 studio sold in the 12 months to October 2026; the median was AED 550,000, or AED 1,184 per sqft.

How much is a studio for rent in The Alcove?

About AED 50,000 a year: that is the median of the 4 contracts for studios registered with Ejari in the 12 months to October 2026, from AED 47,250 to 50,000.

What is the rental yield in The Alcove?

About 9.1% gross for studios, 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 439 sqft home that is about AED 6,200 a year.

Who built The Alcove and when?

Grovy Real Estate Development ; completed in 2018; 5 floors; 80 apartments.

How many studios are there in The Alcove?

10, of 439 to 488 sqft, 13% of the building's 80 apartments.

For sale with OpenOffers in Jumeirah Village Circle (JVC)

No Jumeirah Village Circle (JVC) property is on the board today. Follow Jumeirah Village Circle (JVC) to hear the day one is listed, or see what is for sale across Dubai with every offer public.