diff --git a/flang/lib/Optimizer/Analysis/AliasAnalysis.cpp b/flang/lib/Optimizer/Analysis/AliasAnalysis.cpp
index 0b0f83d024ce3..1dac023727338 100644
--- a/flang/lib/Optimizer/Analysis/AliasAnalysis.cpp
+++ b/flang/lib/Optimizer/Analysis/AliasAnalysis.cpp
@@ -505,30 +505,17 @@ getAttrsFromVariable(fir::FortranVariableOpInterface var) {
 }
 
 template <typename OMPTypeOp, typename DeclTypeOp>
-static Value getPrivateArg(omp::BlockArgOpenMPOpInterface &argIface,
-                           OMPTypeOp &op, DeclTypeOp &declOp) {
-  Value privateArg;
+static bool isPrivateArg(omp::BlockArgOpenMPOpInterface &argIface,
+                         OMPTypeOp &op, DeclTypeOp &declOp) {
   if (!op.getPrivateSyms().has_value())
-    return privateArg;
+    return false;
   for (auto [opSym, blockArg] :
        llvm::zip_equal(*op.getPrivateSyms(), argIface.getPrivateBlockArgs())) {
     if (blockArg == declOp.getMemref()) {
-      omp::PrivateClauseOp privateOp =
-          SymbolTable::lookupNearestSymbolFrom<omp::PrivateClauseOp>(
-              op, cast<SymbolRefAttr>(opSym));
-      privateOp.walk([&](omp::YieldOp yieldOp) {
-        // TODO Extend alias analysis if omp.yield points to
-        // block argument value
-        if (!yieldOp.getResults()[0].getDefiningOp())
-          return;
-        llvm::TypeSwitch<Operation *>(yieldOp.getResults()[0].getDefiningOp())
-            .template Case<fir::DeclareOp, hlfir::DeclareOp>(
-                [&](auto declOp) { privateArg = declOp.getMemref(); });
-      });
-      return privateArg;
+      return true;
     }
   }
-  return privateArg;
+  return false;
 }
 
 AliasAnalysis::Source AliasAnalysis::getSource(mlir::Value v,
@@ -630,6 +617,7 @@ AliasAnalysis::Source AliasAnalysis::getSource(mlir::Value v,
           breakFromLoop = true;
         })
         .Case<hlfir::DeclareOp, fir::DeclareOp>([&](auto op) {
+          bool isPrivateItem = false;
           if (omp::BlockArgOpenMPOpInterface argIface =
                   dyn_cast<omp::BlockArgOpenMPOpInterface>(op->getParentOp())) {
             Value ompValArg;
@@ -643,19 +631,18 @@ AliasAnalysis::Source AliasAnalysis::getSource(mlir::Value v,
                       omp::MapInfoOp mapInfo =
                           llvm::cast<omp::MapInfoOp>(opArg.getDefiningOp());
                       ompValArg = mapInfo.getVarPtr();
-                      break;
+                      return;
                     }
                   }
                   // If given operation does not reflect mapping item,
                   // check private clause
-                  if (!ompValArg)
-                    ompValArg = getPrivateArg(argIface, targetOp, op);
+                  isPrivateItem = isPrivateArg(argIface, targetOp, op);
                 })
                 .template Case<omp::DistributeOp, omp::ParallelOp,
                                omp::SectionsOp, omp::SimdOp, omp::SingleOp,
                                omp::TaskloopOp, omp::TaskOp, omp::WsloopOp>(
                     [&](auto privateOp) {
-                      ompValArg = getPrivateArg(argIface, privateOp, op);
+                      isPrivateItem = isPrivateArg(argIface, privateOp, op);
                     });
             if (ompValArg) {
               v = ompValArg;
@@ -705,6 +692,11 @@ AliasAnalysis::Source AliasAnalysis::getSource(mlir::Value v,
           } else {
             instantiationPoint = op;
           }
+          if (isPrivateItem) {
+            type = SourceKind::Allocate;
+            breakFromLoop = true;
+            return;
+          }
           // TODO: Look for the fortran attributes present on the operation
           // Track further through the operand
           v = op.getMemref();
diff --git a/flang/test/Analysis/AliasAnalysis/alias-analysis-omp-private-allocatable.mlir b/flang/test/Analysis/AliasAnalysis/alias-analysis-omp-private-allocatable.mlir
new file mode 100644
index 0000000000000..5116622364fad
--- /dev/null
+++ b/flang/test/Analysis/AliasAnalysis/alias-analysis-omp-private-allocatable.mlir
@@ -0,0 +1,50 @@
+// Use --mlir-disable-threading so that the AA queries are serialized
+// as well as its diagnostic output.
+// RUN: fir-opt %s -pass-pipeline='builtin.module(func.func(test-fir-alias-analysis))' -split-input-file --mlir-disable-threading 2>&1 | FileCheck %s
+
+// Fortran code before simplification:
+// SUBROUTINE mysub(ns,ne)
+//      INTEGER  :: n
+//      REAL(KIND=8), DIMENSION(:), allocatable     :: ar1
+//      real(kind=8), dimension(20) :: ar2
+//      REAL(KIND=8), DIMENSION(20) :: d
+//
+//!$OMP parallel PRIVATE(ar1)
+//         d(1:1) = (/(DOT_PRODUCT(ar1(1:n), ar2(1:n)),n=1, 1)/)
+//!$OMP END parallel
+//   END SUBROUTINE
+
+// CHECK-LABEL: Testing : "testPrivateAllocatable"
+// CHECK: ar2#0 <-> ar1#0: NoAlias
+// CHECK: ar2#1 <-> ar1#0: NoAlias
+// CHECK: ar2#0 <-> ar1#1: NoAlias
+// CHECK: ar2#1 <-> ar1#1: NoAlias
+
+omp.private {type = private} @_QFmysubEar1_private_ref_box_heap_Uxf64 : !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>> alloc {
+^bb0(%arg0: !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>):
+  %0 = fir.alloca !fir.box<!fir.heap<!fir.array<?xf64>>> {bindc_name = "ar1", pinned, uniq_name = "_QFmysubEar1"}
+  %5:2 = hlfir.declare %0 {fortran_attrs = #fir.var_attrs<allocatable>, uniq_name = "_QFmysubEar1"} : (!fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>) -> (!fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>, !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>)
+  omp.yield(%5#0 : !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>)
+} dealloc {
+^bb0(%arg0: !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>):
+  omp.yield
+}
+func.func @testPrivateAllocatable(%arg0: !fir.ref<i32> {fir.bindc_name = "ns"}, %arg1: !fir.ref<i32> {fir.bindc_name = "ne"}) {
+  %0 = fir.dummy_scope : !fir.dscope
+  %1 = fir.alloca !fir.box<!fir.heap<!fir.array<?xf64>>> {bindc_name = "ar1", uniq_name = "_QFmysubEar1"}
+  %2 = fir.zero_bits !fir.heap<!fir.array<?xf64>>
+  %c0 = arith.constant 0 : index
+  %3 = fir.shape %c0 : (index) -> !fir.shape<1>
+  %4 = fir.embox %2(%3) : (!fir.heap<!fir.array<?xf64>>, !fir.shape<1>) -> !fir.box<!fir.heap<!fir.array<?xf64>>>
+  fir.store %4 to %1 : !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>
+  %5:2 = hlfir.declare %1 {fortran_attrs = #fir.var_attrs<allocatable>, uniq_name = "_QFmysubEar1"} : (!fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>) -> (!fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>, !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>)
+  %c20 = arith.constant 20 : index
+  %6 = fir.alloca !fir.array<20xf64> {bindc_name = "ar2", uniq_name = "_QFmysubEar2"}
+  %7 = fir.shape %c20 : (index) -> !fir.shape<1>
+  %8:2 = hlfir.declare %6(%7) {uniq_name = "_QFmysubEar2", test.ptr="ar2" } : (!fir.ref<!fir.array<20xf64>>, !fir.shape<1>) -> (!fir.ref<!fir.array<20xf64>>, !fir.ref<!fir.array<20xf64>>)
+  omp.parallel private(@_QFmysubEar1_private_ref_box_heap_Uxf64 %5#0 -> %arg2 : !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>) {
+    %20:2 = hlfir.declare %arg2 {fortran_attrs = #fir.var_attrs<allocatable>, uniq_name = "_QFmysubEar1", test.ptr = "ar1"} : (!fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>) -> (!fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>, !fir.ref<!fir.box<!fir.heap<!fir.array<?xf64>>>>)
+    omp.terminator
+  }
+  return
+}