Who is the developer of Alcove?

Alcove is developed by Grovy Real Estate Development.

What are real sale prices in Alcove?

Across 115 registered DLD sales, Alcove shows a median of AED 788,567 at AED 882/sqft. These are recorded transactions, not asking prices.

Where is Alcove located?

Alcove is in Jumeirah Village Circle, Dubai. Its exact plot is on the map on this page.

How many homes are in Alcove?

DLD registers 87 units across 1 building at Alcove.

Can I see real construction photos of Alcove?

Yes. 50 dated DLD inspection photos, latest 06 May 2018 at 100% complete, are in the Construction progress section on this page.

Is my money safe if I buy in Alcove?

Off-plan payments for Alcove are protected under Dubai's Law 8 of 2007: held in the project's DLD-regulated escrow account (no. 00110794300016) and released to the developer against construction milestones.

Where should payments for Alcove go?

Only into the project's registered escrow account (no. 00110794300016), held at Noor Bank. A developer or agent asking you to pay anywhere else is a serious red flag.

ReadyHanded over

Alcove

by Grovy Real Estate Development Jumeirah Village Circle

Alcove is a residential building by Grovy Real Estate Development, in Jumeirah Village Circle, Dubai. It rises 6 storeys (1 basement level, a ground floor, 5 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 87 homes.

Key information

Developer

Grovy Real Estate Development

View developer

Handover: Q2 2018
Status: Handed over
Location: Jumeirah Village Circle, Dubai
Master project: Jumeirah Village Circle
Construction started: 2015
Number of buildings: 1
Number of units: 87
Registered with DLD: 23 Feb 2016
Escrow bank: Noor Bank
Escrow account no.: 00110794300016
DLD transfer fee: 4%

Source: official Dubai Land Department project data.

Project timeline

Construction started
2015
Handed over
Q2 2018

Construction progress

50 inspection photos from the Dubai Land Department. Latest 06 May 2018 at 100% complete.

Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool

Covered Parking

3 Elevators

6 Floors

Retail & Shops

80 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales

115

Median price

AED 789K

Median price / sqft

AED 882-5%

Off-plan share

62%

Priced 23% below than the Al Barsha South Fourth median of AED 1K/sqft.

Sold by bedroom

Layout	Sold	Typical size	Avg price	Avg / sqft
Studio	12	449 sqft	AED 513K	AED 1K
1 Bed	76	919 sqft	AED 789K	AED 860
2 Bed	20	1,855 sqft	AED 1.3M	AED 712

Price per sqft by year

-5% since 2016

AED/sqft

Recent recorded sales

Date	Type	Size	Price	Price / sqft
18 Jun 2026	Resale	848 sqft	AED 740K	AED 873
09 Apr 2026	Resale	970 sqft	AED 920K	AED 949
27 Feb 2026	Resale	2,060 sqft	AED 1.4M	AED 704
17 Dec 2025	Resale	873 sqft	AED 820K	AED 939
04 Nov 2025	Resale	904 sqft	AED 810K	AED 896
28 Oct 2025	Resale	895 sqft	AED 815K	AED 911
08 Oct 2025	Resale	1,183 sqft	AED 960K	AED 812
03 Sept 2025	Resale	911 sqft	AED 780K	AED 856

Unit mix

87 registered units, by layout and size, from the Dubai Land Department.

Layout	Units	Size range
Shop	7	-
Studio	10	440 - 488 sqft
1 B/R	55	824 - 1,236 sqft
2 B/R	15	1,280 - 2,574 sqft

Payment plan

Payment plans are set by Grovy Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jumeirah Village Circle, Dubai.

Jumeirah Village Circle

Dubai, United Arab Emirates

Frequently asked questions

Alcove has already been handed over (Q2 2018), according to Dubai Land Department records.

Alcove

Key information

Project timeline

Construction progress

Amenities