Sara Al Mansouri
Meridian Properties
+971 50 123 4567
sara@meridianproperties.ae
BRN 34781
Building market report · Jumeirah Village Circle · August 2026
Alcove
Source: Dubai Land Department open data · Sales through September 2, 2026 · Rents through August 21, 2026
Period covered: Sep 24 to Aug 26 · Ref AR-B1381-202608
Key takeaways
- Median price for apartments: AED 1,350,000 (AED 7,269 per sqm), down 27.0% year on year.
- Per sqm, apartments here are 52% below the Jumeirah Village Circle average of AED 15,149 (sales-weighted across areas).
- 1 sales recorded in August 2026, down 75% from a year earlier.
1.Apartments1 sale · August 2026
Small sample: medians for August 2026 are based on a single recorded sale and can swing month to month. Read the trend, not a single point.
Sale price per sqm and monthly sales · 24 months
Median annual rent and new contracts · 24 months
Six-month summary
| Month | Sales | Median price | AED / sqm | Median rent | Gross yield |
|---|---|---|---|---|---|
| August 2026 | 1 | AED 1,350,000 | AED 7,269 | — | — |
| July 2026 | 0 | — | — | — | — |
| June 2026 | 1 | AED 740,000 | AED 9,398 | — | — |
| May 2026 | 0 | — | — | — | — |
| April 2026 | 1 | AED 920,000 | AED 10,213 | — | — |
| March 2026 | 0 | — | — | — | — |
2.Recent saleslast 15 registered in Alcove
| Date | Unit | Size sqm | Price | AED / sqm | Status |
|---|---|---|---|---|---|
| 5 Aug 2026 | 2 bedrooms | 186 | AED 1,350,000 | AED 7,269 | Ready |
| 18 Jun 2026 | 1 bedroom | 79 | AED 740,000 | AED 9,398 | Ready |
| 9 Apr 2026 | 1 bedroom | 90 | AED 920,000 | AED 10,213 | Ready |
| 27 Feb 2026 | 2 bedrooms | 191 | AED 1,450,000 | AED 7,578 | Ready |
| 17 Dec 2025 | 1 bedroom | 81 | AED 820,000 | AED 10,108 | Ready |
| 4 Nov 2025 | 1 bedroom | 84 | AED 810,000 | AED 9,641 | Ready |
| 28 Oct 2025 | 1 bedroom | 83 | AED 815,000 | AED 9,806 | Ready |
| 8 Oct 2025 | 1 bedroom | 110 | AED 960,000 | AED 8,738 | Ready |
| 3 Sept 2025 | 1 bedroom | 85 | AED 780,000 | AED 9,216 | Ready |
| 25 Aug 2025 | 1 bedroom | 81 | AED 810,000 | AED 10,005 | Ready |
| 25 Aug 2025 | 1 bedroom | 83 | AED 823,200 | AED 9,905 | Ready |
| 19 Aug 2025 | 1 bedroom | 90 | AED 838,000 | AED 9,354 | Ready |
| 18 Aug 2025 | 1 bedroom | 91 | AED 940,000 | AED 10,331 | Ready |
| 15 Jul 2025 | 1 bedroom | 85 | AED 825,000 | AED 9,747 | Ready |
| 20 Jun 2025 | 2 bedrooms | 194 | AED 1,360,000 | AED 7,023 | Ready |
Sale registrations as published by Dubai Land Department. Sizes are the registered procedure area. No unit numbers or parties are shown.
3.Methodology and source
Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through September 2, 2026, rents through August 21, 2026). No listings, asking prices, or estimates.
Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than thirty sales carry a small-sample note.
Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.
Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.