Developer · #208 by 12M value
Grovy Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Grovy Real Estate Development: median AED 1,206/sqft, down 0.7% over three months on 22 sales
Grovy Real Estate Development recorded 2 sales worth AED 1.85M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 2 sales were registered (AED 1.85M), against 0 the week before.
The median sale over the last three months was AED 1.00M, or AED 1,206/sqft — like-for-like prices per sqft down 0.7% on the previous three months. Monthly medians over the past year ranged from AED 957/sqft to AED 1,428/sqft.
By market over 12 months: developer off-plan sales 70%, secondary (ready) sales 30%.
Grovy Real Estate Development registered 80 sales worth AED 88.3M in 12 months across 2 communities, ranking #208 among Dubai developers by value. Its most active project was Rivo by Grovy (56 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | AED 1,228 |
| Jul 26 | AED 1,223 |
| Jun 26 | AED 957 |
| May 26 | AED 1,194 |
| Apr 26 | AED 1,232 |
| Mar 26 | AED 1,262 |
| Feb 26 | AED 1,243 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 1,428 |
| Sept 25 | AED 1,264 |
| Aug 25 | AED 1,087 |
| Jul 25 | AED 1,061 |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 1,071 |
| Mar 25 | AED 931 |
| Feb 25 | — |
| Jan 25 | AED 1,017 |
| Dec 24 | — |
| Nov 24 | AED 1,150 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Secondary (ready) |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | — | — |
| Aug 26 | — | — |
| Jul 26 | AED 1,217 | — |
| Jun 26 | — | — |
| May 26 | — | — |
| Apr 26 | — | — |
| Mar 26 | — | — |
| Feb 26 | — | — |
| Jan 26 | — | — |
| Dec 25 | — | — |
| Nov 25 | — | — |
| Oct 25 | — | — |
| Sept 25 | — | — |
| Aug 25 | — | AED 1,087 |
| Jul 25 | — | — |
| Jun 25 | — | — |
| May 25 | — | — |
| Apr 25 | — | — |
| Mar 25 | — | — |
| Feb 25 | — | — |
| Jan 25 | — | — |
| Dec 24 | — | — |
| Nov 24 | — | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 4 | 0 | 2 |
| Jul 26 | 20 | 0 | 1 |
| Jun 26 | 4 | 0 | 2 |
| May 26 | 8 | 0 | 0 |
| Apr 26 | 9 | 0 | 1 |
| Mar 26 | 4 | 0 | 1 |
| Feb 26 | 7 | 0 | 5 |
| Jan 26 | 0 | 0 | 2 |
| Dec 25 | 0 | 0 | 2 |
| Nov 25 | 0 | 0 | 3 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | unchanged 0.0% | AED 1.85M | — | — |
| Last 3 months | 22 | unchanged 0.0% | AED 23.7M | 1,206 | unchanged 0.0% |
| Last 6 months | 44 | up 25.7% | AED 50.5M | 1,206 | down 3.9% |
| Last 12 months | 80 | up 12.7% | AED 88.3M | 1,226 | up 12.5% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 56 | 70% | AED 1.02M | 1,225 | — |
| Secondary (ready) | 24 | 30% | AED 935K | 1,270 | up 16.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 7 | 9% | AED 680K | 1,636 | up 4.1% |
| 1 bedroom | 51 | 64% | AED 995K | 1,242 | up 17.4% |
| 2 bedrooms | 17 | 21% | AED 1.46M | 1,204 | up 18.4% |
| 3 bedrooms | 5 | 6% | AED 1.88M | 1,161 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 78 | 98% | AED 1.01M | 1,231 | up 13.1% |
| AED 2M–10M | 2 | 3% | — | — | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Rivo by GrovyDubailand Residence Complex | 56 | 1,206 | down 0.7% |
| AURA by GrovyJumeirah Village Circle | 14 | — | — |
| The AlcoveJumeirah Village Circle | 8 | — | — |
| AriaJumeirah Village Circle | 2 | — | — |
Where Grovy Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Dubailand Residence Complex | 56 | 1,225 | 72.1% |
| Jumeirah Village Circle | 24 | 1,270 | 27.9% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.88M | 3 BR Apartment · 1,616 sqftRivo by Grovy · Dubailand Residence Complex | 27 Jul |
| AED 1.80M | 3 BR Apartment · 1,756 sqftRivo by Grovy · Dubailand Residence Complex | 27 Jul |
| AED 1.53M | 2 BR Apartment · 1,269 sqftRivo by Grovy · Dubailand Residence Complex | 3 Aug |
| AED 1.35M | 2 BR Apartment · 1,999 sqftThe Alcove · Jumeirah Village Circle | 5 Aug |
| AED 1.30M | 2 BR Apartment · 1,080 sqftAURA by Grovy · Jumeirah Village Circle | 22 Oct |
| AED 1.15M | 1 BR Apartment · 919 sqftAURA by Grovy · Jumeirah Village Circle | 26 Aug |
Questions about Grovy Real Estate Development
What is the average price per sqft in Grovy Real Estate Development?
The median sale price in Grovy Real Estate Development over the last three months was AED 1,206 per sqft (median sale AED 1.00M), based on 22 sales registered with Dubai Land Department.
How many properties were sold in Grovy Real Estate Development in the last year?
80 sales worth AED 88.3M were registered in the last 12 months: 70% developer off-plan, 0% off-plan resales and 30% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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