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ALCOVE

Project

GROVY REAL ESTATE DEVELOPMENT L.L.C

Project typeBuildings

Master developerشركة نخيل (ش.م.خ)

Escrow agentنور بنك (مساهمة عامة)

StatusFinished

Completed100%

Start2015-09-01

Handover2018-05-06

Buildings1

Shop7

B+G+5+R Residential building Located in JVC, with internal and external finishes.

Buildings

ALCOVE 1

Floors6

Apartments80

Shop7

Parking98

Apartments

Studio10

1 B/R55

2 B/R15

Shop

Shop7

Official sales

Sales from 2008–2026

Number of sale deals119

Apartment109

Median sale price794,766 AED

Median price per sqft875 AED

Studio12

Median sale price508,977 AED

Median price per sqft1,150 AED

1 B/R76

Median sale price788,302 AED

Median price per sqft882 AED

2 B/R21

Median sale price1,271,750 AED

Median price per sqft695 AED

Shop7

Median sale price548,100 AED

Median price per sqft1,451 AED

Whole building3

Median sale price9,557,200 AED

Median price per sqft361 AED

Official rent

Rent from 2018–2026

Number of rent contracts339

Apartment287

Studio23

Median year rent38,000 AED

1 bedroom239

Median year rent57,000 AED

2 bedrooms25

Median year rent86,000 AED

Shop52