Building · Transactions · 2024

Al Alka-3 Property Transactions 2024

20 property sales worth ⃃ 24.49M were registered in Al Alka-3 in 2024, 53.8% higher than 2023 by number of sales. The median sale price was ⃃ 1,247,500 and the median price per square foot ⃃ 1,375 (+18.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 20 salesUpdated: 19 Oct 2026
Property sales
20
+53.8% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 24.49M
+81.3% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,247,500
+37.8% vs 2023
20 sales
Median price per sq ft
⃃ 1,375
+18.8% vs 2023
20 sales

What types of property sold in Al Alka-3 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 24.49M⃃ 1,247,500⃃ 1,375

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)20100%⃃ 24.49M⃃ 1,247,500⃃ 1,375
Ready20100%⃃ 24.49M⃃ 1,247,500⃃ 1,375

How many rental contracts were registered in Al Alka-3 in 2024?

72 rental contracts (new and renewed) were registered in Al Alka-3 in 2024, at a median annual rent of ⃃ 78,000 (+11.4% on 2023). Rental yields in Al Alka-3

What were the most expensive property sales in Al Alka-3 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/07/2024Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,760,000Resale · Ready
03/01/2024Al Alka-32 beds · Apartment1,313 sq ft⃃ 1,600,000Resale · Ready
20/06/2024Al Alka-32 beds · Apartment1,135 sq ft⃃ 1,600,000Resale · Ready
22/04/2024Al Alka-32 beds · Apartment1,292 sq ft⃃ 1,600,000Resale · Ready
28/11/2024Al Alka-32 beds · Apartment1,093 sq ft⃃ 1,550,000Resale · Ready
11/01/2024Al Alka-32 beds · Apartment1,292 sq ft⃃ 1,549,000Resale · Ready
09/10/2024Al Alka-31 bed · Apartment758 sq ft⃃ 1,425,000Resale · Ready
11/10/2024Al Alka-31 bed · Apartment724 sq ft⃃ 1,410,000Resale · Ready
20/12/2024Al Alka-31 bed · Apartment758 sq ft⃃ 1,350,000Resale · Ready
22/03/2024Al Alka-31 bed · Apartment777 sq ft⃃ 1,250,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
27/12/2024Al Alka-3Studio · Apartment432 sq ft⃃ 250,000Resale · Ready
20/12/2024Al Alka-31 bed · Apartment758 sq ft⃃ 1,350,000Resale · Ready
28/11/2024Al Alka-32 beds · Apartment1,093 sq ft⃃ 1,550,000Resale · Ready
27/11/2024Al Alka-3Studio · Apartment432 sq ft⃃ 750,000Resale · Ready
01/11/2024Al Alka-31 bed · Apartment1,077 sq ft⃃ 1,245,000Resale · Ready
17/10/2024Al Alka-31 bed · Apartment820 sq ft⃃ 1,050,000Resale · Ready
11/10/2024Al Alka-31 bed · Apartment724 sq ft⃃ 1,410,000Resale · Ready
09/10/2024Al Alka-31 bed · Apartment758 sq ft⃃ 1,425,000Resale · Ready
15/08/2024Al Alka-31 bed · Apartment758 sq ft⃃ 1,090,000Resale · Ready
01/08/2024Al Alka-31 bed · Apartment991 sq ft⃃ 1,200,000Resale · 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-3/2024
Al Alka-3 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-alka-3/2024

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-3 in 2024?
20 property sales worth ⃃ 24,494,000 were registered in Al Alka-3 in 2024. That is 53.8% higher than 2023.
What was the median property price in Al Alka-3 in 2024?
The median sale price was ⃃ 1,247,500 and the median price per square foot ⃃ 1,375 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-alka-3/2024