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Aura by Grovy in Jumeirah Village Circle - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Aura by Grovy

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio3619,000680,000

Rents in Aura by Grovy

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
Studio361,44452,000
1671,26084,000
2951,421135,000

The cap rate (rental yield) of investments into Aura by Grovy project is 7.0% on average.

The price of an apartment in Aura by Grovy is 19,000 AED/sqm on average.

The long term rent of an apartment in Aura by Grovy is 1,326 AED/sqm/year on average.

Price for completed Studio apartment in Aura by Grovy is 680,000 AED or 19,000 AED/sqm.

Rent for Studio apartment in Aura by Grovy is 52,000 AED or 1,444 AED/sqm.
Rent for 1 bedroom apartment in Aura by Grovy is 84,000 AED or 1,260 AED/sqm.
Rent for 2 bedroom apartment in Aura by Grovy is 135,000 AED or 1,421 AED/sqm.

About Aura by Grovy

'Aura by Grovy' in 'Jumeirah Village Circle' area project description

Aura by Grovy is a premium residential development in District 14, Jumeirah Village Circle (JVC), Dubai, offering studio, 1-, 2-, and 3-bedroom apartments in a 19-storey building. Developed by Grovy Real Estate Development LLC, founded in 1985, the project emphasizes elegance, privacy, clean architectural lines, premium finishes, and a tranquil community setting with smart home features.

Construction details indicate completion targeted for Q2 2024, with one source noting May 30, 2025, and current progress at 100% as of recent listings. The architecture features panoramic windows, panoramic glazing, terraces, and high-quality premium-class finishes, creating stylish, vibrant living spaces ranging from 695 sqft for 1-bedroom units to 1,279 sqft for 3-bedroom configurations.

The layout includes thoughtfully designed apartments with community views, finished interiors, and access to indoor and outdoor facilities. Indoor amenities comprise a children-friendly environment, restaurant, cafe, recreation area, SPA center, and fitness room. Outdoor features offer a barbecue area, children's playground, landscaped garden, park, car park, footpaths, benches, swimming pool, common area with pool, and running track, all within a well-developed compound.

Located at 3624+5FP in JVC, a prestigious 8 sq km freehold area developed since 2005, Aura by Grovy provides excellent connectivity. It sits 150 m from malls, 4.5 km from hospitals, 7 km from marinas, 7.5 km from beaches, 11.8 km from the sea, and 18.5-22 km from the city center. To reach the beach, drive approximately 15-20 minutes via Al Khail Road (6.5 km away) or Sheikh Zayed Road toward Jumeirah Beach Residence or Umm Suqeim beaches. Proximity to Dubai Internet City (6.6 km) and SOBHA Realty areas (6.7 km) enhances accessibility, with transport interchanges nearby. The site is close to schools like Al Arqm Private School, Dubai British School, and Kings School Al Barsha.

Nearby projects include developments in the rapidly growing JVC neighborhood, surrounded by freehold communities ideal for families, professionals, and investors. The location boasts an environmentally pristine area, beautiful views, and social-commercial facilities, positioning Aura by Grovy as a prime choice in JVC's vibrant market.



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