Alduin: Sahloknir! Zill gro dovah ulse!
Sahloknir: Alduin, thuri! Boaan tiid vokriiha sulyksejun kruziik?
Alduin: Geh, Sahloknir, kaali mir.
Ful, losie Dovahkiin? Zu’u koraava nid nol dov do hi.
Sahloknir, krii daar joorre.
Alduin: Sahloknir (Phantom Sky Hunt)! (Zill) (gro) dragon (ulse)!
Sahloknir: Alduin, (overlord something, maybe 'my lord'?)! (Boaan) time ('day of king'?) ancient?
Alduin: Yes, Sahloknir, (champion?) allegiance.
So, (this is?) Dovahkiin? (Zu'u) (koraava) no from wyrm of/about (hi).
Sahloknir, kill this/these mortals.
best translation i can give you. the last bit is the important part though. not that you need a translation to understand it.