Building · Transactions · 2018

Al Alka 1 Property Transactions 2018

11 property sales worth ⃃ 11M were registered in Al Alka 1 in 2018, 8.3% lower than 2017 by number of sales. The median sale price was ⃃ 870,000 and the median price per square foot ⃃ 1,103 (−19.1% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 11 salesUpdated: 19 Oct 2026
Property sales
11
−8.3% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 11M
−20.9% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 870,000
−17.1% vs 2017
11 sales
Median price per sq ft
⃃ 1,103
−19.1% vs 2017
11 sales

What types of property sold in Al Alka 1 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11100%⃃ 11M⃃ 870,000⃃ 1,103

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)11100%⃃ 11M⃃ 870,000⃃ 1,103
Ready11100%⃃ 11M⃃ 870,000⃃ 1,103

How many rental contracts were registered in Al Alka 1 in 2018?

85 rental contracts (new and renewed) were registered in Al Alka 1 in 2018, at a median annual rent of ⃃ 77,000 (−15.4% on 2017). Rental yields in Al Alka 1

What were the most expensive property sales in Al Alka 1 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/09/2018Al Alka 12 beds · Apartment1,250 sq ft⃃ 1,808,719Resale · Ready
11/01/2018Al Alka 12 beds · Apartment1,116 sq ft⃃ 1,310,000Resale · Ready
26/08/2018Al Alka 12 beds · Apartment1,439 sq ft⃃ 1,227,000Resale · Ready
04/06/2018Al Alka 12 beds · Apartment1,015 sq ft⃃ 1,120,000Resale · Ready
20/06/2018Al Alka 12 beds · Apartment1,389 sq ft⃃ 1,000,000Resale · Ready
03/06/2018Al Alka 11 bed · Apartment720 sq ft⃃ 870,000Resale · Ready
06/06/2018Al Alka 11 bed · Apartment726 sq ft⃃ 823,000Resale · Ready
27/12/2018Al Alka 11 bed · Apartment788 sq ft⃃ 780,000Resale · Ready
15/08/2018Al Alka 11 bed · Apartment729 sq ft⃃ 723,220Resale · Ready
18/10/2018Al Alka 11 bed · Apartment729 sq ft⃃ 675,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
27/12/2018Al Alka 11 bed · Apartment788 sq ft⃃ 780,000Resale · Ready
18/10/2018Al Alka 11 bed · Apartment729 sq ft⃃ 675,000Resale · Ready
11/09/2018Al Alka 12 beds · Apartment1,250 sq ft⃃ 1,808,719Resale · Ready
26/08/2018Al Alka 12 beds · Apartment1,439 sq ft⃃ 1,227,000Resale · Ready
15/08/2018Al Alka 11 bed · Apartment729 sq ft⃃ 723,220Resale · Ready
20/06/2018Al Alka 12 beds · Apartment1,389 sq ft⃃ 1,000,000Resale · Ready
06/06/2018Al Alka 11 bed · Apartment726 sq ft⃃ 823,000Resale · Ready
04/06/2018Al Alka 12 beds · Apartment1,015 sq ft⃃ 1,120,000Resale · Ready
03/06/2018Al Alka 11 bed · Apartment720 sq ft⃃ 870,000Resale · Ready
03/05/2018Al Alka 1Studio · Apartment444 sq ft⃃ 665,000Resale · 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-1/2018
Al Alka 1 Property Transactions 2018. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-alka-1/2018

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 1 in 2018?
11 property sales worth ⃃ 11,001,939 were registered in Al Alka 1 in 2018. That is 8.3% lower than 2017.
What was the median property price in Al Alka 1 in 2018?
The median sale price was ⃃ 870,000 and the median price per square foot ⃃ 1,103 (1 Jan – 31 Dec 2018).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-alka-1/2018