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Building · Transactions · 2016

Al Alka 1 Property Transactions 2016

19 property sales worth ⃃ 19.42M were registered in Al Alka 1 in 2016, 137.5% higher than 2015 by number of sales. The median sale price was ⃃ 1,000,000 and the median price per square foot ⃃ 1,354 (−10.9% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 19 salesUpdated: 14 Nov 2026
Property sales
19
+137.5% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 19.42M
+129.1% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,000,000
−2.7% vs 2015
19 sales
Median price per sq ft
⃃ 1,354
−10.9% vs 2015
19 sales

What types of property sold in Al Alka 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments19100%⃃ 19.42M⃃ 1,000,000⃃ 1,354

How were 2016 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)19100%⃃ 19.42M⃃ 1,000,000⃃ 1,354
Ready19100%⃃ 19.42M⃃ 1,000,000⃃ 1,354

How many rental contracts were registered in Al Alka 1 in 2016?

26 rental contracts (new and renewed) were registered in Al Alka 1 in 2016, at a median annual rent of ⃃ 96,000 (−20.0% on 2015). Rental yields in Al Alka 1

What were the most expensive property sales in Al Alka 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/08/2016Al Alka 12 beds · Apartment1,116 sq ft⃃ 1,400,000Resale · Ready
09/06/2016Al Alka 12 beds · Apartment1,115 sq ft⃃ 1,300,000Resale · Ready
08/02/2016Al Alka 11 bed · Apartment788 sq ft⃃ 1,200,000Resale · Ready
29/03/2016Al Alka 11 bed · Apartment1,077 sq ft⃃ 1,200,000Resale · Ready
16/02/2016Al Alka 11 bed · Apartment726 sq ft⃃ 1,170,000Resale · Ready
16/02/2016Al Alka 11 bed · Apartment724 sq ft⃃ 1,170,000Resale · Ready
22/09/2016Al Alka 11 bed · Apartment789 sq ft⃃ 1,075,000Resale · Ready
17/10/2016Al Alka 11 bed · Apartment724 sq ft⃃ 1,015,000Resale · Ready
15/12/2016Al Alka 11 bed · Apartment720 sq ft⃃ 1,000,000Resale · Ready
15/08/2016Al Alka 11 bed · Apartment789 sq ft⃃ 1,000,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
18/12/2016Al Alka 1Studio · Apartment444 sq ft⃃ 725,000Resale · Ready
15/12/2016Al Alka 11 bed · Apartment720 sq ft⃃ 1,000,000Resale · Ready
21/11/2016Al Alka 11 bed · Apartment723 sq ft⃃ 950,000Resale · Ready
30/10/2016Al Alka 1Studio · Apartment438 sq ft⃃ 750,000Resale · Ready
17/10/2016Al Alka 11 bed · Apartment724 sq ft⃃ 1,015,000Resale · Ready
27/09/2016Al Alka 1Studio · Apartment448 sq ft⃃ 690,000Resale · Ready
22/09/2016Al Alka 11 bed · Apartment789 sq ft⃃ 1,075,000Resale · Ready
31/08/2016Al Alka 12 beds · Apartment1,116 sq ft⃃ 1,400,000Resale · Ready
15/08/2016Al Alka 11 bed · Apartment789 sq ft⃃ 1,000,000Resale · Ready
09/06/2016Al Alka 12 beds · Apartment1,115 sq ft⃃ 1,300,000Resale · Ready

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 2016 with the whole of 2015.
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/al-alka-1/2016
Al Alka 1 Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-alka-1/2016

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 Al Alka 1 in 2016?
19 property sales worth ⃃ 19,420,000 were registered in Al Alka 1 in 2016. That is 137.5% higher than 2015.
What was the median property price in Al Alka 1 in 2016?
The median sale price was ⃃ 1,000,000 and the median price per square foot ⃃ 1,354 (1 Jan – 31 Dec 2016).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-alka-1/2016