Al Karama Property Prices & Market Data

Al Karama has registered 59 sales transactions in the historical DLD dataset, with a combined transaction value of 507.4M AED. That volume gives agents working buyers and sellers in Al Karama a pool of comparable sales evidence to support pricing conversations.

The median transaction price of 21,291 AED/sqm spans all residential categories and conceals meaningful variation by building, floor, and unit type. The middle of the distribution — the 25th to 75th percentile — runs from 15,377 to 23,657 AED/sqm, so individual units can trade well above or below the headline median.

Location signals for Al Karama include ADCB Metro Station, Dubai Mall, Burj Khalifa. Proximity to transit and amenities is one factor agents weigh when explaining price differences between otherwise comparable units.

This data covers sales transactions only. It does not include rental transactions, Ejari registrations, or mortgage registrations. The dataset ends 2023-03-17; the most recent year is a partial year and should not be annualised.

Transaction volume in Al Karama varies year to year with the broader Dubai market cycle. Activity across the dataset peaked during the 2021–2022 market recovery, driven by increased international buyer demand.

Monthly trend history for Al Karama is available from 2021-06 to 2023-03. When setting buyer and seller expectations, context on the underlying cycle matters: a comparable drawn from a peak month may overstate current values, while an older comparable may understate them.