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Building · Transactions · 2017

Al Alka-3 Property Transactions 2017

14 property sales worth ⃃ 15.54M were registered in Al Alka-3 in 2017, 40.0% higher than 2016 by number of sales. The median sale price was ⃃ 1,045,000 and the median price per square foot ⃃ 1,356 (+0.3% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 14 salesUpdated: 14 Nov 2026
Property sales
14
+40.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 15.54M
+63.3% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,045,000
+6.1% vs 2016
14 sales
Median price per sq ft
⃃ 1,356
+0.3% vs 2016
14 sales

What types of property sold in Al Alka-3 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 15.54M⃃ 1,045,000⃃ 1,356

How were 2017 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)14100%⃃ 15.54M⃃ 1,045,000⃃ 1,356
Ready14100%⃃ 15.54M⃃ 1,045,000⃃ 1,356

How many rental contracts were registered in Al Alka-3 in 2017?

60 rental contracts (new and renewed) were registered in Al Alka-3 in 2017, at a median annual rent of ⃃ 80,000 (−7.0% on 2016). Rental yields in Al Alka-3

What were the most expensive property sales in Al Alka-3 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/01/2017Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,710,000Resale · Ready
13/07/2017Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,625,000Resale · Ready
19/12/2017Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,500,000Resale · Ready
27/11/2017Al Alka-31 bed · Apartment816 sq ft⃃ 1,100,000Resale · Ready
23/05/2017Al Alka-31 bed · Apartment758 sq ft⃃ 1,090,000Resale · Ready
17/04/2017Al Alka-31 bed · Apartment768 sq ft⃃ 1,060,000Resale · Ready
19/04/2017Al Alka-31 bed · Apartment765 sq ft⃃ 1,050,000Resale · Ready
07/09/2017Al Alka-31 bed · Apartment758 sq ft⃃ 1,040,000Resale · Ready
02/02/2017Al Alka-31 bed · Apartment755 sq ft⃃ 1,030,000Resale · Ready
09/02/2017Al Alka-31 bed · Apartment758 sq ft⃃ 1,020,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
19/12/2017Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,500,000Resale · Ready
11/12/2017Al Alka-31 bed · Apartment724 sq ft⃃ 866,024Resale · Ready
27/11/2017Al Alka-31 bed · Apartment816 sq ft⃃ 1,100,000Resale · Ready
19/11/2017Al Alka-3Studio · Apartment432 sq ft⃃ 770,000Resale · Ready
19/11/2017Al Alka-3Studio · Apartment438 sq ft⃃ 708,000Resale · Ready
16/11/2017Al Alka-31 bed · Apartment908 sq ft⃃ 975,000Resale · Ready
07/09/2017Al Alka-31 bed · Apartment758 sq ft⃃ 1,040,000Resale · Ready
13/07/2017Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,625,000Resale · Ready
23/05/2017Al Alka-31 bed · Apartment758 sq ft⃃ 1,090,000Resale · Ready
19/04/2017Al Alka-31 bed · Apartment765 sq ft⃃ 1,050,000Resale · 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 2017 with the whole of 2016.
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-3/2017
Al Alka-3 Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-alka-3/2017

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-3 in 2017?
14 property sales worth ⃃ 15,544,024 were registered in Al Alka-3 in 2017. That is 40.0% higher than 2016.
What was the median property price in Al Alka-3 in 2017?
The median sale price was ⃃ 1,045,000 and the median price per square foot ⃃ 1,356 (1 Jan – 31 Dec 2017).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-alka-3/2017