Skip to content

Building · Transactions · 2022

Al Alka-3 Property Transactions 2022

10 property sales worth ⃃ 9.62M were registered in Al Alka-3 in 2022, 16.7% lower than 2021 by number of sales. The median sale price was ⃃ 757,500 and the median price per square foot ⃃ 973 (+8.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 10 salesUpdated: 14 Nov 2026
Property sales
10
−16.7% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 9.62M
+2.6% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 757,500
+13.1% vs 2021
10 sales
Median price per sq ft
⃃ 973
+8.7% vs 2021
10 sales

What types of property sold in Al Alka-3 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments10100%⃃ 9.62M⃃ 757,500⃃ 973

How were 2022 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
Primary (developer sales)110%⃃ 586K⃃ 586,296⃃ 766
Resale (secondary)990%⃃ 9.03M⃃ 765,000⃃ 1,006
Ready10100%⃃ 9.62M⃃ 757,500⃃ 973

How many rental contracts were registered in Al Alka-3 in 2022?

73 rental contracts (new and renewed) were registered in Al Alka-3 in 2022, at a median annual rent of ⃃ 55,000 (+17.0% on 2021). Rental yields in Al Alka-3

What were the most expensive property sales in Al Alka-3 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/02/2022Al Alka-32 beds · Apartment2,320 sq ft⃃ 1,800,000Resale · Ready
19/05/2022Al Alka-32 beds · Apartment2,030 sq ft⃃ 1,700,000Resale · Ready
28/04/2022Al Alka-32 beds · Apartment1,292 sq ft⃃ 1,215,000Resale · Ready
25/04/2022Al Alka-32 beds · Apartment1,093 sq ft⃃ 1,100,000Resale · Ready
14/12/2022Al Alka-31 bed · Apartment724 sq ft⃃ 765,000Resale · Ready
27/12/2022Al Alka-3Studio · Apartment460 sq ft⃃ 750,000Resale · Ready
14/06/2022Al Alka-31 bed · Apartment768 sq ft⃃ 635,000Resale · Ready
16/09/2022Al Alka-31 bed · Apartment765 sq ft⃃ 586,296Primary · Ready
21/12/2022Al Alka-3Studio · Apartment438 sq ft⃃ 580,000Resale · Ready
04/07/2022Al Alka-3Studio · Apartment460 sq ft⃃ 485,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
27/12/2022Al Alka-3Studio · Apartment460 sq ft⃃ 750,000Resale · Ready
21/12/2022Al Alka-3Studio · Apartment438 sq ft⃃ 580,000Resale · Ready
14/12/2022Al Alka-31 bed · Apartment724 sq ft⃃ 765,000Resale · Ready
16/09/2022Al Alka-31 bed · Apartment765 sq ft⃃ 586,296Primary · Ready
04/07/2022Al Alka-3Studio · Apartment460 sq ft⃃ 485,000Resale · Ready
14/06/2022Al Alka-31 bed · Apartment768 sq ft⃃ 635,000Resale · Ready
19/05/2022Al Alka-32 beds · Apartment2,030 sq ft⃃ 1,700,000Resale · Ready
28/04/2022Al Alka-32 beds · Apartment1,292 sq ft⃃ 1,215,000Resale · Ready
25/04/2022Al Alka-32 beds · Apartment1,093 sq ft⃃ 1,100,000Resale · Ready
14/02/2022Al Alka-32 beds · Apartment2,320 sq ft⃃ 1,800,000Resale · 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 2022 with the whole of 2021.
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-3/2022
Al Alka-3 Property Transactions 2022. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-alka-3/2022

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 2022?
10 property sales worth ⃃ 9,616,296 were registered in Al Alka-3 in 2022. That is 16.7% lower than 2021.
What was the median property price in Al Alka-3 in 2022?
The median sale price was ⃃ 757,500 and the median price per square foot ⃃ 973 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Al Alka-3 were off-plan or from developers?
Developer (primary) sales were 10% of the 10 sales and resales 90%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-alka-3/2022