ALCOVE

Ready

DeveloperGROVY REAL ESTATE DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

10 years 4 months ago01-09-2015

Handover

7 years 8 months ago06-05-2018

Status

CompleteFinished

Project Description

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

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+6%

Growth

Current:AED 960/sqft

Last 12M:AED 903/sqft

Momentum: Last 12Mvs Prior Year

Rising

+7%

Growth

Last 12M:AED 903/sqft

Prior Year:AED 842/sqft

Community Compare: Last 90DJumeirah Village Circle

Discount

-29%

Below Avg

Project:AED 960/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

High

20%Turnover

17Sold (Last 12M)

Supply & Demand Matrix

ALCOVE averaged 20% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

10 units

1 sold9 left

10%

Velocity

1 Bedroom

55 units

14 sold41 left

25%

Velocity

2 Bedrooms

15 units

2 sold13 left

13%

Velocity

Shop

7 units

0 sold7 left

Velocity

Layouts & Units (87)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 104	Type Flat	Beds 1 B/R	Size 873 sqft	Avg Price AED 820K	Last Price AED 820K	Last Sold about 1 month ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 904 sqft	Avg Price AED 753K	Last Price AED 810K	Last Sold 3 months ago	Sales 3

Units 6 units	Type Flat	Beds 1 B/R	Size 895 sqft	Avg Price AED 771K	Last Price AED 815K	Last Sold 3 months ago	Sales 5

Units 4 units	Type Flat	Beds 1 B/R	Size 1,183 sqft	Avg Price AED 960K	Last Price AED 960K	Last Sold 4 months ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 911 sqft	Avg Price AED 759K	Last Price AED 780K	Last Sold 5 months ago	Sales 3

Units 3 units	Type Flat	Beds 1 B/R	Size 871 sqft	Avg Price AED 705K	Last Price AED 810K	Last Sold 5 months ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 964 sqft	Avg Price AED 838K	Last Price AED 838K	Last Sold 5 months ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 979 sqft	Avg Price AED 940K	Last Price AED 940K	Last Sold 5 months ago	Sales 1

Units 511	Type Flat	Beds 2 B/R	Size 2,085 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 7 months ago	Sales 1

Units 3 units	Type Flat	Beds Studio	Size 444 sqft	Avg Price AED 518K	Last Price AED 525K	Last Sold 8 months ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,280 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold 8 months ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 824 sqft	Avg Price AED 758K	Last Price AED 850K	Last Sold 9 months ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 860 sqft	Avg Price AED 664K	Last Price AED 780K	Last Sold 10 months ago	Sales 3

Units 6 units	Type Flat	Beds 1 B/R	Size 883 sqft	Avg Price AED 607K	Last Price AED 750K	Last Sold 11 months ago	Sales 3

Units 508	Type Flat	Beds 2 B/R	Size 1,999 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 1

Units 410	Type Flat	Beds 2 B/R	Size 1,792 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 1

Units 3 units	Type Flat	Beds Studio	Size 439 sqft	Avg Price AED 470K	Last Price AED 550K	Last Sold over 1 year ago	Sales 3

Units 409	Type Flat	Beds 2 B/R	Size 2,574 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 970 sqft	Avg Price AED 770K	Last Price AED 770K	Last Sold almost 2 years ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 1,033 sqft	Avg Price AED 600K	Last Price AED 600K	Last Sold over 2 years ago	Sales 1

Units 407	Type Flat	Beds 2 B/R	Size 1,914 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold almost 3 years ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,725 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 3 years ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 849 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 865 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 1 B/R	Size 925 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Flat	Beds 1 B/R	Size 1,001 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Flat	Beds 1 B/R	Size 1,046 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds 1 B/R	Size 1,236 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 408	Type Flat	Beds 2 B/R	Size 1,755 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 411	Type Flat	Beds 2 B/R	Size 1,813 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 510	Type Flat	Beds 2 B/R	Size 2,060 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 507	Type Flat	Beds 2 B/R	Size 2,184 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 509	Type Flat	Beds 2 B/R	Size 2,229 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds Studio	Size 462 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 464 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 106	Type Flat	Beds Studio	Size 488 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SH-02	Type Shop	Beds —	Size 340 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SH-07	Type Shop	Beds —	Size 358 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SH-01	Type Shop	Beds —	Size 370 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 379 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 383 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

41 unique layouts covering 87 units