Sold Prices · DLD Data
Allegro Residences
Palm Deira, Dubai · Palm Deira
AED 2,347
Avg Price / sqft
AED 4.1M
Avg Sale Price
4
DLD Sales Recorded
4.2%
Est. Gross Yield
Market snapshot
Allegro Residences — the numbers
Allegro Residences is a residential building in Palm Deira, Dubai with approximately 60 units. Dubai Land Department records show 4 sales in the building, at an average price of AED 4.1M — around AED 2,347 per square foot.
Since February 2026, 4 sales completed in Allegro Residences, with the average price per square foot moving from AED 2,400 to AED 2,346 (-2.3%). Prices have held broadly steady, a sign of a balanced market in the tower.
Benchmarked against average residential rents in Palm Deira, a typical unit in Allegro Residences returns an estimated 4.2% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Deira.
Figures are from Dubai Land Department transaction records for Allegro Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Deira residential rents, before service charges.
Price trend
Price trend in Allegro Residences
Average sale price per sqft by month since February 2026-2.3%
Unit types
Prices by unit type
2 Bed
AED 3.1M
AED 2,349/sqft
2 sales · last 12 months
3 Bed
AED 5.0M
AED 2,346/sqft
2 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 01 Jun 2026 | Sales | 3 | 2,145 | AED 5.0M | AED 2,346 |
| 01 Jun 2026 | Sales | 3 | 2,149 | AED 5.0M | AED 2,345 |
| 10 Mar 2026 | Sales | 2 | 1,322 | AED 3.0M | AED 2,298 |
| 09 Feb 2026 | Sales | 2 | 1,323 | AED 3.2M | AED 2,400 |
About the area
Allegro Residences is in Dubai Islands
Dubai Islands represents a groundbreaking waterfront community that encompasses five individual islands, strategically designed to elevate the standard of coastal living in Dubai. Spanning an impressive 17 square kilometers, this development caters to families, professionals, and investors, offering a vibrant and connected lifestyle that is both modern and inviting.
Explore the Dubai Islands area guideNearby
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Elle Residences
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FAQ
Allegro Residences: frequently asked questions
What is the average price in Allegro Residences?
The average recorded sale price in Allegro Residences, Palm Deira is AED 4.1M, around AED 2,347 per square foot, based on Dubai Land Department transaction data.
Are prices in Allegro Residences going up or down?
Average sale prices in Allegro Residences have eased -2.3% per square foot since February 2026, across 4 DLD-recorded sales.
What rental yield can I expect in Allegro Residences?
Based on average Palm Deira residential rents against sale prices in the building, a typical unit in Allegro Residences yields roughly 4.2% gross per year, before service charges and fees.
How many properties have sold in Allegro Residences?
4 sales have been recorded in Allegro Residences according to DLD data, across approximately 60 units.
Considering Allegro Residences?
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