Project · Transactions · 2023

Alcove Property Transactions 2023

10 property sales worth AED 6.91M were registered in Alcove in 2023, 233.3% higher than 2022 by number of sales. The median sale price was AED 646,250 and the median price per square foot AED 736 (+14.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 10 salesUpdated: 19 Oct 2026
Property sales
10
+233.3% vs 2022
1 Jan – 31 Dec 2023
Total value
AED 6.91M
+216.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
AED 646,250
+7.7% vs 2022
10 sales
Median price per sq ft
AED 736
+14.4% vs 2022
10 sales

What types of property sold in Alcove in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments10100%AED 6.91MAED 646,250AED 736

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)10100%AED 6.91MAED 646,250AED 736
Ready10100%AED 6.91MAED 646,250AED 736

How many rental contracts were registered in Alcove in 2023?

40 rental contracts (new and renewed) were registered in Alcove in 2023, at a median annual rent of AED 57,537 (+6.6% on 2022). Rental yields in Alcove

What were the most expensive property sales in Alcove in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/02/2023Alcove2 beds · Apartment1,914 sq ftAED 1,180,000Resale · Ready
11/05/2023Alcove1 bed · Apartment904 sq ftAED 750,000Resale · Ready
19/05/2023Alcove1 bed · Apartment904 sq ftAED 700,000Resale · Ready
14/06/2023Alcove1 bed · Apartment895 sq ftAED 685,000Resale · Ready
12/06/2023Alcove1 bed · Apartment895 sq ftAED 680,000Resale · Ready
22/11/2023Alcove1 bed · Apartment860 sq ftAED 612,500Resale · Ready
20/07/2023Alcove1 bed · Apartment860 sq ftAED 600,000Resale · Ready
10/02/2023Alcove1 bed · Apartment871 sq ftAED 600,000Resale · Ready
12/06/2023Alcove1 bed · Apartment1,033 sq ftAED 600,000Resale · Ready
12/10/2023AlcoveStudio · Apartment439 sq ftAED 500,000Resale · Ready

What were the last registered sales of 2023?

No transactions on record for this selection.

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/alcove/2023
Alcove Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/alcove/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Alcove in 2023?
10 property sales worth AED 6,907,500 were registered in Alcove in 2023. That is 233.3% higher than 2022.
What was the median property price in Alcove in 2023?
The median sale price was AED 646,250 and the median price per square foot AED 736 (1 Jan – 31 Dec 2023).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/alcove/2023