Almas Tower — sale prices & transaction history

Almas Tower sale prices by floor area

Median recorded prices for Almas Tower by floor area. Each row is priced on the last 4 months wherever that period holds enough sales, and steps back only as far as it has to — 12 months, then 3 years, then the whole record. The period each row actually covers is named beside it, with the number of sales behind it, so you can see exactly how thin or deep the figure you are reading is. Every row also shows what has traded in the last 4 months, including when that is nothing — set against the full record of 1,175 recorded office transactions. These are the prices buyers actually paid — not asking prices, and not a district average.

A size band with fewer than five recorded transactions keeps its count and loses its median: below that sample a middle value is arithmetic, not a market rate. A median taken across the whole register mixes prices from every year the building has traded, so each row above is priced on the most recent period that clears that threshold. Rows can sum to less than the building total — a transaction recorded without a usable floor area belongs to no band.

Most recent Almas Tower transactions

The newest individual recorded office transactions on the register, exactly as recorded. A median is a claim we vouch for; these are facts you can check against the Land Department yourself.

Why below-market resale shows up in Almas Tower

• A wide unit-size range, which means the building nearly always has a weaker-priced tier: the size band with the fewest active buyers at a given moment is where soft pricing appears first.
• Owner-occupier businesses selling to a business deadline rather than a market one — the most common source of a genuinely below-market office price in any Dubai tower.
• Larger units carry larger holding costs. A vacant full-floor unit runs up service charges and earns nothing, and that arithmetic moves an owner faster than it moves the holder of a small suite.
• Space first sold more than a decade ago usually needs re-fitting before it can let at current rates, and some owners prefer a discount to funding the work.

What to check before you offer on Almas Tower

• Read the floor-area band that matches the unit rather than the building median. This is the widest size range of any commercial register on the site, so the all-unit median describes no actual office in the building.
• Compare the rate per square foot across bands before assuming a bigger unit is cheaper per foot. That relationship holds in many towers and does not hold everywhere — this page shows you which is true here.
• Establish whether you are being offered shell-and-core or a fitted office, and who paid for the fit-out. Two units of identical size on the same floor can sit a long way apart on price for that reason alone — the register records what was paid, never the condition it was paid for.
• Ask whether the unit is vacant or tenanted and how long the lease has left. A sale with a sitting tenant transfers that lease with it, which can be the reason a price looks soft or the reason it is firm, and it decides what you can do with the space on day one.
• Ask for the current service charge per square foot and the last two years of it. Office service charges in Dubai are set per building and reviewed annually, and on a whole-floor unit a rise of a dirham or two per square foot comes straight off the net yield rather than out of a household budget.
• Ask which register the unit sits on. A completed office changes hands on the secondary register at the Land Department; a pre-handover unit is an assignment of the original sale contract, needs the developer's no-objection certificate, and carries whatever is left of the payment plan.

Almas Tower — common questions

Why is this table by floor area instead of bedrooms?

Because the Dubai Land Department does not record a bedroom count for a commercial unit — it files offices with the room field left blank. A bedroom table for this building would be empty. Floor area is also the axis an office is genuinely traded on, so the bands below match how the units are actually bought and sold.

Is the price data on this page asking prices or actual sales?

Actual sales. Every figure comes from the Dubai Land Department's record of completed transactions — the price recorded when ownership legally changed hands.

Why does the median here differ from a JLT office average?

Because a district average blends every commercial building in it, and JLT's towers differ widely in age, floor plate and specification. A single-building figure is the one that matters when you are making an offer on a unit in that building — and within this building, the floor-area band matters more again.

Can I tell from this data whether a unit is selling below its original price?

No. The Land Department records a developer's first sale and a pre-handover resale under the same code, and the export carries no unit identifier, so an original price cannot be traced to a later sale of the same unit.

How current is this register?

The page states the date of the most recent recorded transaction it holds and recomputes every figure on load. Records arrive in batches, so the newest few days are typically not yet included.