Developer · #229 by 12M value
Alkayem Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Alkayem Real Estate Development: 3 sales worth AED 3.43M in 30 days
Alkayem Real Estate Development recorded 3 sales worth AED 3.43M in the 30 days to Thu, 22 Oct 2026, up 200.0% on the previous 30 days. Over the last week 2 sales were registered (AED 2.37M), against 0 the week before.
The median sale over the last three months was AED 771K, or AED 1,365/sqft. Monthly medians over the past year ranged from AED 1,210/sqft to AED 1,390/sqft.
By market over 12 months: secondary (ready) sales 100%.
Alkayem Real Estate Development registered 71 sales worth AED 73.2M in 12 months across 1 communities, ranking #229 among Dubai developers by value. Its most active project was OST Tower 11 (71 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | AED 1,390 |
| Mar 26 | AED 1,350 |
| Feb 26 | AED 1,330 |
| Jan 26 | AED 1,210 |
| Dec 25 | AED 1,362 |
| Nov 25 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 3 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 3 |
| Jul 26 | 0 | 0 | 4 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 9 |
| Mar 26 | 0 | 0 | 17 |
| Feb 26 | 0 | 0 | 14 |
| Jan 26 | 0 | 0 | 9 |
| Dec 25 | 0 | 0 | 5 |
| Nov 25 | 0 | 0 | 4 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 3 | up 200.0% | AED 3.43M | — | — |
| Last 3 months | 9 | up 125.0% | AED 8.64M | 1,365 | — |
| Last 6 months | 13 | down 77.6% | AED 13.6M | 1,365 | up 2.6% |
| Last 12 months | 71 | — | AED 73.2M | 1,330 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 71 | 100% | AED 1.06M | 1,330 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 30 | 42% | AED 713K | 1,450 | — |
| 1 bedroom | 32 | 45% | AED 1.14M | 1,307 | — |
| 2 bedrooms | 9 | 13% | AED 1.72M | 1,230 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 71 | 100% | AED 1.06M | 1,330 | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| OST Tower 11Majan | 71 | 1,365 | — |
Where Alkayem Real Estate Development sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Majan | 71 | 1,330 | 100% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.67M | 2 BR Apartment · 1,397 sqftOST Tower 11 · Majan | 16 Oct |
| AED 1.17M | 1 BR Apartment · 854 sqftOST Tower 11 · Majan | 15 Aug |
| AED 1.14M | 1 BR Apartment · 904 sqftOST Tower 11 · Majan | 30 Jul |
| AED 1.06M | 1 BR Apartment · 854 sqftOST Tower 11 · Majan | 1 Oct |
| AED 771K | Studio Apartment · 521 sqftOST Tower 11 · Majan | 3 Aug |
| AED 750K | Studio Apartment · 514 sqftOST Tower 11 · Majan | 4 Sept |
Questions about Alkayem Real Estate Development
What is the average price per sqft in Alkayem Real Estate Development?
The median sale price in Alkayem Real Estate Development over the last three months was AED 1,365 per sqft (median sale AED 771K), based on 9 sales registered with Dubai Land Department.
How many properties were sold in Alkayem Real Estate Development in the last year?
71 sales worth AED 73.2M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.