Rove Hotel
- Completed 2021
- 20 floors
- 7 lifts
- 131 parking bays
- 1 pool
A studio in Rove Hotel costs a median AED 615,341.
Studio · typical price
615,341AED
AED 2,464/sqft · +3.2% on a year
Cost to buy, all inAED 657,077
- Price
- AED 615,341
- DLD fee 4%
- AED 24,614
- Agent 2% + VAT
- AED 12,922
- Trustee
- AED 4,200
Is Rove Hotel a good investment?Prices rising; lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?Studio: AED 2,387/sqft a year ago, 2,464 now+3.2%Strength
- How fast do fees pay back?AED 41,736 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 41,736
- Can I sell easily?10 sales in 12 months (32 the year before)10
- Is a lot being built nearby?1,042 apartments are planned in City Walk from 2026 to 2028, equal to 99% of the 1,056 homes let there today. City Walk supply by year →99%Watch
- Did earlier buyers gain?Buyers 5 years ago still 19% down; launch buyers still 16% down, before fees-18.9%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Rove Hotel prices and rents by unit typeA studio costs about AED 615,341
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · City Walk
- 12-month change
- +3.2%
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, Studio: Apr 2019, AED 733,888; latest, Jul 2026, AED 615,681; peak, Oct 2021, AED 772,888.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,464 · before fees
- Launch, 2019–22
- 2,949
- −16%
- 210 sales
- 5 years ago
- 3,039
- −19%
- 128 sales
- 3 years ago
- 2,578
- −4%
- 43 sales
- Previous 12 months
- 2,387
- +3%
- 32 sales
- Last 12 months
- 2,464
- today
- 10 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
10 resales in the last 12 months, against 35 a year on average over 2023–2025.
Middle 80% of sales: 2,336 – 2,483 AED per sq ft, 10th to 90th percentile of 10
10 resales in the last 12 months.
Comparables in City Walk
Every City Walk building with a page, ranked by price per sqft over the same 12 months, all unit types. Rove Hotel places 38th of 43; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Rove Hotel (AED 2,464/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
Market context in City Walk
Registered sales activity
265 ready apartment sales in the 12 months to 2026-10-12.
+5.7% in median AED/sqft versus the preceding year, supported by 265 current and 222 prior price observations.
Explore sales activityPlanned apartment projects
212 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,042 apartments are planned in City Walk from 2026 to 2028, equal to 99% of the 1,056 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Rove Hotel
Rove Hotel is an apartment building completed in 2021 in City Walk. 587 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 20
- Lifts
- 7
- Parking bays
- 131
- Pools
- 1
Drive times · typical
- Downtown
- 11 min · 3.6 km
- DXB Airport
- 16 min · 15 km
- DIFC
- 8 min · 5.4 km
- Dubai Marina
- 18 min · 20 km
- Palm Jumeirah
- 24 min · 24 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
Rove Hotel: AED 2,464 per sq ft, 15% below the median City Walk building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Rove HotelAED 2,464
- City Walk, readyAED 2,677
- City Walk, off-planAED 3,331
- Dubai, readyAED 1,421
Nearby in City Walk
Prices per sq ft around Rove Hotel, on the mapPrices per sq ft around Rove Hotel, on the map
Citywalk Residential Building 18A
City Walk · 70 sales, 12 months
4.80M
AED, resale median · 2,669/sqft
Myrtle
City Walk · 31 sales, 12 months
2.30M
AED, resale median · 3,036/sqft
Erin
City Walk · 31 sales, 12 months
2.60M
AED, resale median · 2,919/sqft
Castleton
City Walk · 27 sales, 12 months
3.67M
AED, resale median · 2,886/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Rove Hotel’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Rove Hotel?
- No gross yield is published for Rove Hotel as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 10 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales.
- How much does a studio in Rove Hotel cost?
- The median registered sale price is AED 615,341 (2,464 AED/sqft), from 10 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Rove Hotel selling for right now?
- Registered sales of ready units in Rove Hotel over the last 12 months have a median of 2,464 AED/sqft, across 10 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Rove Hotel risen or fallen?
- Median price per square foot moved +3.2% over the last 12 months against the 12 before it, on 10 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How do launch and resale median prices in Rove Hotel compare?
- The resale median is -16.5% against the all-history launch median (launches 2019–2022), at Studio, from 316 launch sales and 10 ready resales in the trailing 12 months to 2026-10-12. These are unpaired transaction groups, before costs, not realised buyer returns.
For agents
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Rove Hotel sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 10 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/city-walk/rove-hotel
Cite as: Dubai Wealth Index. “Rove Hotel sale prices and yield.” City Walk, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/city-walk/rove-hotel
Stable dataJSON