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Building · Transactions · 2018

Al Alka-3 Property Transactions 2018

4 property sales worth ⃃ 4.45M were registered in Al Alka-3 in 2018, 71.4% lower than 2017 by number of sales. The median sale price was ⃃ 1,150,000 and the median price per square foot ⃃ 1,017 (−25.0% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 4 salesUpdated: 14 Nov 2026
Property sales
4
−71.4% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 4.45M
−71.4% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 1,150,000
+10.0% vs 2017
4 sales
Median price per sq ft
⃃ 1,017
−25.0% vs 2017
4 sales

What types of property sold in Al Alka-3 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4100%⃃ 4.45M⃃ 1,150,000⃃ 1,017

How were 2018 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)4100%⃃ 4.45M⃃ 1,150,000⃃ 1,017
Ready4100%⃃ 4.45M⃃ 1,150,000⃃ 1,017

How many rental contracts were registered in Al Alka-3 in 2018?

75 rental contracts (new and renewed) were registered in Al Alka-3 in 2018, at a median annual rent of ⃃ 75,000 (−6.3% on 2017). Rental yields in Al Alka-3

What were the most expensive property sales in Al Alka-3 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/06/2018Al Alka-32 beds · Apartment1,441 sq ft⃃ 1,450,000Resale · Ready
03/04/2018Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,350,000Resale · Ready
26/03/2018Al Alka-31 bed · Apartment758 sq ft⃃ 950,000Resale · Ready
29/04/2018Al Alka-31 bed · Apartment755 sq ft⃃ 700,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
28/06/2018Al Alka-32 beds · Apartment1,441 sq ft⃃ 1,450,000Resale · Ready
29/04/2018Al Alka-31 bed · Apartment755 sq ft⃃ 700,000Resale · Ready
03/04/2018Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,350,000Resale · Ready
26/03/2018Al Alka-31 bed · Apartment758 sq ft⃃ 950,000Resale · 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 2018 with the whole of 2017.
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-3/2018
Al Alka-3 Property Transactions 2018. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-alka-3/2018

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 2018?
4 property sales worth ⃃ 4,450,000 were registered in Al Alka-3 in 2018. That is 71.4% lower than 2017.
What was the median property price in Al Alka-3 in 2018?
The median sale price was ⃃ 1,150,000 and the median price per square foot ⃃ 1,017 (1 Jan – 31 Dec 2018).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-alka-3/2018