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Property Makler
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Dubai, UAE US |
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Alcove in Jumeirah Village Circle - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Alcove
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| 1 | 81 | 10,108 | 820,000 |
Rents in Alcove
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| 1 | 81 | 950 | 76,500 |
| 2 | 119 | 798 | 95,000 |
The cap rate (rental yield) of investments into Alcove project is 8.8% on average.
The price of an apartment in Alcove is 10,108 AED/sqm on average.
The long term rent of an apartment in Alcove is 886 AED/sqm/year on average.
Price for completed 1 bedroom apartment in Alcove is 820,000 AED or 10,108 AED/sqm.
Rent for 1 bedroom apartment in Alcove is 76,500 AED or 950 AED/sqm.
Rent for 2 bedroom apartment in Alcove is 95,000 AED or 798 AED/sqm.
About Alcove
'Alcove' in 'Jumeirah Village Circle' area project description
The Alcove is a six-storey residential complex in Jumeirah Village Circle (JVC), Dubai, commissioned in 2018. Developed by Grovy Real Estate Development with architectural design by Next Engineering Consultants, it features a G+5 structure emphasizing eco-friendly architecture, energy efficiency per the Green Building Code, and artistic design for optimal indoor-outdoor space utilization.
The building houses 78 residential units - studios, one-bedroom, and two-bedroom apartments - ranging from 439 sq. ft. to 2,066 sq. ft., plus retail stores on the ground floor. Units include large balconies or terraces, bedrooms with built-in wardrobes, private bathrooms with modern fixtures and ceramic tiling, fully equipped kitchens with wood cabinets, sinks, countertops, pantries in select units, and staff accommodations where applicable. Three lifts serve the floors, with a marble lobby enhancing the entrance.
Amenities prioritize resident comfort and leisure: gym, swimming pool, children's playground, barbecue area, underground parking with at least one space per unit plus guest parking outside, 24-hour security, covered parking, ensuite bathrooms, private terraces, and outdoor pool. Additional facilities encompass jogging trails, kids play area, multi-purpose lounge, parks, sports court, cycling trails, gardens, kids pool, outdoor gymnasium, running track, and green surroundings.
Strategically located in family-oriented JVC District 11 with developed infrastructure and transport links, The Alcove offers walkable access to bus stops like Tuscan Residences, Mirabella Villas 2, and Judi Palace Apartments 1. First Abu Dhabi Bank and Mall of the Emirates Metro Stations are within a 10-minute walk. On-site conveniences include Ricky Restaurant and Express Cart on the first floor; nearby are Lokmat Baladna (5-minute walk), Allday Mini Mart, and Greens Supermarket (10 minutes). Schools such as Smart Start Kindergarten (10-minute walk, American curriculum), Dubai Heights Academy, Nord Anglia International School, and GEMS World Academy are a short drive away. Mediclinic Parkview provides nearby medical services. Leisure spots like Dubai Miracle Garden, Selfie Kingdom, and a cricket stadium are 15 minutes by car.
Reaching the beach involves a 15-20 minute drive to Dubai Marina or Palm Jumeirah beaches via Al Khail Road or Sheikh Zayed Road. Nearby projects include Tuscan Residences, Mirabella Villas, Valencia Park, Binghatti Gardenia, Serena Residence, Royal JVC Building, The Autograph, and Neva Residences, fostering a vibrant community atmosphere.
The Alcove is a six-storey residential complex in Jumeirah Village Circle (JVC), Dubai, commissioned in 2018. Developed by Grovy Real Estate Development with architectural design by Next Engineering Consultants, it features a G+5 structure emphasizing eco-friendly architecture, energy efficiency per the Green Building Code, and artistic design for optimal indoor-outdoor space utilization.
The building houses 78 residential units - studios, one-bedroom, and two-bedroom apartments - ranging from 439 sq. ft. to 2,066 sq. ft., plus retail stores on the ground floor. Units include large balconies or terraces, bedrooms with built-in wardrobes, private bathrooms with modern fixtures and ceramic tiling, fully equipped kitchens with wood cabinets, sinks, countertops, pantries in select units, and staff accommodations where applicable. Three lifts serve the floors, with a marble lobby enhancing the entrance.
Amenities prioritize resident comfort and leisure: gym, swimming pool, children's playground, barbecue area, underground parking with at least one space per unit plus guest parking outside, 24-hour security, covered parking, ensuite bathrooms, private terraces, and outdoor pool. Additional facilities encompass jogging trails, kids play area, multi-purpose lounge, parks, sports court, cycling trails, gardens, kids pool, outdoor gymnasium, running track, and green surroundings.
Strategically located in family-oriented JVC District 11 with developed infrastructure and transport links, The Alcove offers walkable access to bus stops like Tuscan Residences, Mirabella Villas 2, and Judi Palace Apartments 1. First Abu Dhabi Bank and Mall of the Emirates Metro Stations are within a 10-minute walk. On-site conveniences include Ricky Restaurant and Express Cart on the first floor; nearby are Lokmat Baladna (5-minute walk), Allday Mini Mart, and Greens Supermarket (10 minutes). Schools such as Smart Start Kindergarten (10-minute walk, American curriculum), Dubai Heights Academy, Nord Anglia International School, and GEMS World Academy are a short drive away. Mediclinic Parkview provides nearby medical services. Leisure spots like Dubai Miracle Garden, Selfie Kingdom, and a cricket stadium are 15 minutes by car.
Reaching the beach involves a 15-20 minute drive to Dubai Marina or Palm Jumeirah beaches via Al Khail Road or Sheikh Zayed Road. Nearby projects include Tuscan Residences, Mirabella Villas, Valencia Park, Binghatti Gardenia, Serena Residence, Royal JVC Building, The Autograph, and Neva Residences, fostering a vibrant community atmosphere.
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