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ALCOVE

by GROVY REAL ESTATE DEVELOPMENT L.L.C·JUMEIRAH VILLAGE CIRCLEResidentialFreeholdOff-plan Heavy

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Sep 1, 2015
Expected Handover
May 6, 2018
Total Units
87
Avg Unit Size
994 sqft
Freehold Ratio
100%
Escrow Agent
Noor Bank PJSC
Median Price
AED 789K
PSF
AED 882/sqft
Sales 12M
7
vs Area
-5.0%
Asset Turnover
ⓘ
8.1%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
87
Avg Unit Size
994 sqft
Studio
11.5%
2BR
17.2%
1BR
63.2%
Retail
8.0%

Room Configuration

Unit TypeCountShare
1BR5563.2%
2BR1517.2%
Studio1011.5%
Retail78.0%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
1BR68.8%
55 units
81.8%
9 sold
1.19✓ BALANCED
2BR18.8%
15 units
18.2%
2 sold
0.97⚠️ STAGNANT
Studio12.5%
10 units
0.0%
0 sold
—⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
5 Aug 2026
JUMEIRAH VILLAGE CIRCLE2BRAED 1.35MAED 675/sqftReadyFreehold
18 Jun 2026
JUMEIRAH VILLAGE CIRCLE1BRAED 740KAED 873/sqftReadyFreehold
9 Apr 2026
JUMEIRAH VILLAGE CIRCLE1BRAED 920KAED 949/sqftReadyFreehold
27 Feb 2026
JUMEIRAH VILLAGE CIRCLE2BRAED 1.45MAED 704/sqftReadyFreehold
17 Dec 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 820KAED 939/sqftReadyFreehold
4 Nov 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 810KAED 896/sqftReadyFreehold
28 Oct 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 815KAED 911/sqftReadyFreehold
8 Oct 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 960KAED 812/sqftReadyFreehold
3 Sep 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 780KAED 856/sqftReadyFreehold
25 Aug 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 810KAED 929/sqftReadyFreehold
25 Aug 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 823KAED 920/sqftReadyFreehold
19 Aug 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 838KAED 869/sqftReadyFreehold
18 Aug 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 940KAED 960/sqftReadyFreehold
15 Jul 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 825KAED 906/sqftReadyFreehold
20 Jun 2025
JUMEIRAH VILLAGE CIRCLE2BRAED 1.36MAED 652/sqftReadyFreehold
4 Jun 2025
JUMEIRAH VILLAGE CIRCLEStudioAED 525KAED 1,185/sqftReadyFreehold
14 May 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 671KAED 737/sqftReadyFreehold
13 May 2025
JUMEIRAH VILLAGE CIRCLE2BRAED 1.26MAED 984/sqftReadyFreehold
12 May 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 850KAED 1,031/sqftReadyFreehold
28 Mar 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 780KAED 907/sqftReadyFreehold
4 Mar 2025
JUMEIRAH VILLAGE CIRCLE1BRAED 750KAED 849/sqftReadyFreehold
13 Nov 2024
JUMEIRAH VILLAGE CIRCLE1BRAED 665KAED 807/sqftReadyFreehold
6 Nov 2024
JUMEIRAH VILLAGE CIRCLEStudioAED 510KAED 1,149/sqftReadyFreehold
21 Oct 2024
JUMEIRAH VILLAGE CIRCLE2BRAED 1.24MAED 620/sqftReadyFreehold
16 Oct 2024
JUMEIRAH VILLAGE CIRCLE1BRAED 850KAED 950/sqftReadyFreehold
4 Jul 2024
JUMEIRAH VILLAGE CIRCLE2BRAED 1.25MAED 695/sqftReadyFreehold
11 Jun 2024
JUMEIRAH VILLAGE CIRCLEStudioAED 550KAED 1,251/sqftReadyFreehold
30 May 2024
JUMEIRAH VILLAGE CIRCLE2BRAED 1.20MAED 466/sqftReadyFreehold
2 Apr 2024
JUMEIRAH VILLAGE CIRCLE1BRAED 770KAED 794/sqftReadyFreehold
22 Nov 2023
JUMEIRAH VILLAGE CIRCLE1BRAED 613KAED 712/sqftReadyFreehold
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