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Building · Transactions · 2024

Al Alka 1 Property Transactions 2024

17 property sales worth ⃃ 20.84M were registered in Al Alka 1 in 2024, 183.3% higher than 2023 by number of sales. The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 1,445 (+20.5% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 17 salesUpdated: 14 Nov 2026
Property sales
17
+183.3% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 20.84M
+246.2% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,100,000
+17.0% vs 2023
17 sales
Median price per sq ft
⃃ 1,445
+20.5% vs 2023
17 sales

What types of property sold in Al Alka 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17100%⃃ 20.84M⃃ 1,100,000⃃ 1,445

How were 2024 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)17100%⃃ 20.84M⃃ 1,100,000⃃ 1,445
Ready17100%⃃ 20.84M⃃ 1,100,000⃃ 1,445

How many rental contracts were registered in Al Alka 1 in 2024?

71 rental contracts (new and renewed) were registered in Al Alka 1 in 2024, at a median annual rent of ⃃ 78,000 (+11.4% on 2023). Rental yields in Al Alka 1

What were the most expensive property sales in Al Alka 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/10/2024Al Alka 12 beds · Apartment2,320 sq ft⃃ 2,280,000Resale · Ready
20/08/2024Al Alka 12 beds · Apartment1,250 sq ft⃃ 1,700,000Resale · Ready
11/11/2024Al Alka 12 beds · Apartment1,249 sq ft⃃ 1,650,000Resale · Ready
28/02/2024Al Alka 12 beds · Apartment1,015 sq ft⃃ 1,380,000Resale · Ready
05/09/2024Al Alka 11 bed · Apartment1,077 sq ft⃃ 1,225,000Resale · Ready
26/06/2024Al Alka 11 bed · Apartment724 sq ft⃃ 1,200,000Resale · Ready
13/11/2024Al Alka 11 bed · Apartment720 sq ft⃃ 1,165,000Resale · Ready
25/04/2024Al Alka 11 bed · Apartment788 sq ft⃃ 1,120,000Resale · Ready
26/09/2024Al Alka 11 bed · Apartment723 sq ft⃃ 1,100,000Resale · Ready
04/11/2024Al Alka 11 bed · Apartment720 sq ft⃃ 1,100,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
13/11/2024Al Alka 11 bed · Apartment720 sq ft⃃ 1,165,000Resale · Ready
11/11/2024Al Alka 12 beds · Apartment1,249 sq ft⃃ 1,650,000Resale · Ready
04/11/2024Al Alka 11 bed · Apartment720 sq ft⃃ 1,100,000Resale · Ready
29/10/2024Al Alka 12 beds · Apartment2,320 sq ft⃃ 2,280,000Resale · Ready
14/10/2024Al Alka 11 bed · Apartment721 sq ft⃃ 1,100,000Resale · Ready
14/10/2024Al Alka 11 bed · Apartment720 sq ft⃃ 1,100,000Resale · Ready
26/09/2024Al Alka 11 bed · Apartment723 sq ft⃃ 1,100,000Resale · Ready
19/09/2024Al Alka 11 bed · Apartment721 sq ft⃃ 1,100,000Resale · Ready
05/09/2024Al Alka 11 bed · Apartment1,077 sq ft⃃ 1,225,000Resale · Ready
02/09/2024Al Alka 11 bed · Apartment720 sq ft⃃ 1,070,000Resale · 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 2024 with the whole of 2023.
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-1/2024
Al Alka 1 Property Transactions 2024. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-alka-1/2024

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 2024?
17 property sales worth ⃃ 20,845,000 were registered in Al Alka 1 in 2024. That is 183.3% higher than 2023.
What was the median property price in Al Alka 1 in 2024?
The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 1,445 (1 Jan – 31 Dec 2024).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-alka-1/2024