Alcove
- Completed 2018
- 80 units
- 6 floors
- 3 lifts
- 98 parking bays
- 1 pool
A 1 bed in Alcove costs a median AED 812,500, rents long-let for AED 73,000/yr (9.0% gross), and returns 7.9% short-term at the assumed 70% occupancy.
1 bed · typical price
812,500AED
AED 903/sqft · -0.2% on a year
- Rent a year
- AED 73,000
- Yield after service charge
- 6.9%
- vs Jumeirah Village Circle
- 32% below the median
Cost to buy, all inAED 866,263
- Price
- AED 812,500
- DLD fee 4%
- AED 32,500
- Agent 2% + VAT
- AED 17,063
- Trustee
- AED 4,200
Fees repaid by net rent12 months
Is Alcove a good investment?Pays above the Dubai median, rents rising and fees repaid within a year; lots of new supply is coming
- Does it pay a good rent?9.0% gross, 6.9% after the service charge (Dubai median 6.8%)9.0%Strength
- Is it easy to let?51% of units signed a yearly lease in 12 months; the typical Jumeirah Village Circle building manages 38%51%Fair
Jumeirah Village Circle median 38% · top tenth from 64%Alcove · 51% Across 228 Jumeirah Village Circle buildings with 40 or more units, the median signed annual leases on 38% of units in 12 months and the top tenth on 64% or more; Alcove is at 51%.
- Are rents going up?New 1 bed leases: AED 70,000 a year ago, AED 73,000 now+4.3%Strength
- Are prices going up?1 bed: AED 906/sqft a year ago, 903 now-0.2%Fair
- How fast do fees pay back?AED 53,763 in fees to buy a 1 bed; net rent covers it in 1.0 years1.0 yrsStrength
- Can I sell easily?8 sales in 12 months, 10% of the tower (18 the year before)8Fair
- Is a lot being built nearby?15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today. A further 7,717 are past their planned date. Jumeirah Village Circle supply by year →54%Watch
- Did earlier buyers gain?Up 9% for buyers 5 years ago; up 2% for launch buyers, before fees+8.6%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Alcove prices and rents by unit typeA one-bed costs about AED 812,500 and rents for about AED 73,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Jumeirah Village Circle · area median AED 1,332/sqft
- 12-month change
- -0.2%
- 3 years
- +22.7% · +7.1%/yr
- vs area median
- -32.2%
- Rank by price per sqft
- 259th of 299
- Off-plan price gain, 2016–2018
- +2.5% · +0.3%/yr
Rental income
1 bed · Jumeirah Village Circle
- Gross yield
- 9.0%
- Median new rent
- AED 73,000/yr
- Yield vs area median
- +1.6 pts
- Yield vs Dubai (6.8%)
- +2.2 pts
- Yield rank
- 14th of 162
- Renewal rent
- AED 65,000/yr
- New tenants pay vs sitting (9 renewals)
- +12.3%
Short-term income
1 bed · 70% occupancy · 7-night stays
- Median nightly rate
- AED 366
- Net revenue
- AED 63,933/yr
- vs long-let rent
- 0.9×
- Listings seen
- 1+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 1 bed: Nov 2016, AED 804,352; latest, Oct 2026, AED 790,000; peak, Apr 2026, AED 920,000. Rent on new leases: Jun 2018, AED 64,500 a year; latest, Oct 2026, AED 69,250.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 889 · before fees
- Launch, 2016–18
- 875
- +2%
- 42 sales
- 5 years ago
- 819
- +9%
- 1 sale
- 3 years ago
- 736
- +21%
- 10 sales
- Previous 12 months
- 906
- −2%
- 18 sales
- Last 12 months
- 889
- today
- 8 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.
8 resales in the last 12 months, against 12 a year on average over 2023–2025.
8 resales in the last 12 months.
Short-term rates around Alcove
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Jumeirah Village Circle
Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. Alcove places 309th of 352; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Alcove (AED 889/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Alcove has registered sale prices 32% below the Jumeirah Village Circle median price per square foot of 1,332 AED, across 299 eligible buildings. It ranks 259th of 299 by price per square foot and 14th of 162 by gross yield in Jumeirah Village Circle.
Market context in Jumeirah Village Circle
Registered sales activity
4,341 ready apartment sales in the 12 months to 2026-10-12.
+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.
Explore sales activityPlanned apartment projects
7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.
29 projects had already passed their planned date; 16 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.
Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.
The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
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 Alcove
Alcove is an apartment building completed in 2018 in Jumeirah Village Circle with 80 registered units. 110 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 18.93/sqft a year · 2026 budget
- Floors
- 6
- Lifts
- 3
- Parking bays
- 98
- Pools
- 1
Drive times · typical
- Downtown
- 23 min · 22 km
- DXB Airport
- 24 min · 30 km
- DIFC
- 20 min · 25 km
- Dubai Marina
- 19 min · 15 km
- Palm Jumeirah
- 25 min · 20 km
Nearest, as registered
- Metro
- Dubai Internet City
- Mall
- Mall of the Emirates
- Landmark
- Sports City Swimming Academy
Alcove: AED 889 per sq ft, 35% below the median Jumeirah Village Circle building, and a 8.9% gross yield, above the area's median 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
- AlcoveAED 889
- Jumeirah Village Circle, readyAED 1,300
- Jumeirah Village Circle, off-planAED 1,575
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
AlcoveJumeirah Village Circle median building
- Jumeirah Village Circle8.9% vs 7.5%
Nearby in Jumeirah Village Circle
Prices per sq ft around Alcove, on the mapPrices per sq ft around Alcove, on the map
Binghatti Apex
Jumeirah Village Circle · 288 sales, 12 months
912,500
AED, resale median · 1,497/sqft
Luma Park Views
Jumeirah Village Circle · 282 sales, 12 months
1.37M
AED, resale median · 1,603/sqft
Binghatti Royale
Jumeirah Village Circle · 135 sales, 12 months
1.97M
AED, resale median · 2,388/sqft
Binghatti Azure
Jumeirah Village Circle · 105 sales, 12 months
700,000
AED, resale median · 1,659/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 · 1 bedOn record
- Rental evidence · 1 bedOn record
- Service chargeAED 18.93/sqft a year, 2026 owners-association budget; 6.9% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed 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 Alcove’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
- 3,613AED
- 4.5% over 25 years
- Monthly rent
- 6,083AED
- AED 73,000 a year
- Cash needed at purchase
- 227,388AED
- 20% down plus AED 64,888 in fees
Owning costs AED 295,401 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Alcove?
- Alcove returns 9.0% gross: a median new-contract rent of AED 73,000 a year (26 Ejari contracts in 12 months) over a price benchmark of AED 812,500 (median of 6 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Alcove cost?
- The median registered sale price is AED 812,500 (903 AED/sqft), from 6 Dubai Land Department sales in the last 12 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 903 AED/sqft, across 6 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 Alcove risen or fallen?
- Median price per square foot moved -0.2% over the last 12 months against the 12 before it, on 6 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Alcove compare with Jumeirah Village Circle?
- Its 9.0% gross yield sits +1.6 pts against the Jumeirah Village Circle median of 7.4%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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Alcove sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 6 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/jumeirah-village-circle/alcove
Cite as: Dubai Wealth Index. “Alcove sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/alcove
Stable dataJSON