What is the rental yield in Alcove?

Alcove returns 8.59% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 45 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Alcove cost?

The median registered sale price is AED 817,500 (906 AED/sqft), from 18 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Alcove selling for right now?

Registered sales of ready units in Alcove over the last 12 months have a median of 896 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Alcove risen or fallen?

Median price per square foot moved -1.2% over the last 12 months against the 12 before it, on 18 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Alcove compare with Jumeirah Village Circle?

Its 8.59% gross yield sits +0.8 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Alcove — rental prices & yield | Jumeirah Village Circle, Dubai

Buy: 817,500AED; AED 896/sqft
Long-let: 70,000AED; AED 76/sqft · 8.59%
Short-let: 9.20%; AED 366/night · 0.41/sqft

Price per sqft: Median of 7 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread: +0.8 pts; vs the Jumeirah Village Circle median for this unit type
Turnover upside: +19.9%; new tenants pay more than sitting ones — 23 renewals
AED/yr/sqft: AED 76
Sales: 18
Rental contracts: 45
Renewal rent: AED 58,356/yr

12 months: +4.3%
3 years: +23.7%+7.4%/yr

Based on 18 sales and 45 rental contracts in the last 24 months.

Alcove is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2016 to 2026, 218 registered sales in all — the 18 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Alcove, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 50,000	108	—	4
1 bed	AED 70,000	76	8.59% +0.8 pts	45
2 bed	AED 94,000	57	—	4

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Alcove

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	383	0.86	AED 87,065	AED 50,000	1.7×	16.82%	9+
1 bed	366	0.41	AED 75,176	AED 70,000	1.1×	9.20%	1+
2 bed500m	928	0.46	AED 195,445	AED 94,000	2.1×	14.48%	7+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Alcove itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

9 resales in the last 12 months, against 12 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
5 Aug 2026	2 bed	1,999	AED 1,350,000	675
18 Jun 2026	1 bed	848	AED 740,000	873

2 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
20 Aug 2026	1 bed	1,183	AED 85,000	72	Renewal
19 Aug 2026	1 bed	979	AED 75,000	77	New
10 Aug 2026	2 bed	1,725	AED 93,000	54	New
1 Aug 2026	1 bed	883	AED 68,000	77	New
31 Jul 2026	1 bed	979	AED 75,000	77	New
27 Jul 2026	1 bed	970	AED 75,000	77	New
5 Jul 2026	1 bed	865	AED 73,500	85	Renewal
14 Jun 2026	1 bed	895	AED 58,356	65	Renewal
8 Jun 2026	1 bed	895	AED 40,000	45	New
8 Jun 2026	1 bed	1,001	AED 75,000	75	New
5 Jun 2026	1 bed	1,046	AED 75,000	72	New

11 contracts starting on or after 26 May 2026.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 6
Flats: 80
Lifts: 3
Parking bays: 98
Swimming pools: 1
Flats per lift: 26.67
Parking per flat: 1.23
Pools per 100 flats: 1.25

Nearby

Metro: Dubai Internet City
Mall: Mall of the Emirates
Landmark: Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Highest rental yields in Jumeirah Village Circle · Alcove places 120th of 199

Binghatti Corner · 7.65%
Bloom Towers C · 10.83%
Bloom Towers A · 8.18%
Bloom Towers B
Ghalia · 9.00%
Bloom Heights A · 11.72%
Bloom Heights B · 11.20%
Binghatti Amber · 7.55%

Common questions

What is the rental yield in Alcove?: Alcove returns 8.59% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 45 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Alcove cost?: The median registered sale price is AED 817,500 (906 AED/sqft), from 18 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Alcove selling for right now?: Registered sales of ready units in Alcove over the last 12 months have a median of 896 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Alcove risen or fallen?: Median price per square foot moved -1.2% over the last 12 months against the 12 before it, on 18 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Alcove compare with Jumeirah Village Circle?: Its 8.59% gross yield sits +0.8 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Alcove