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2-bed · 1,888 sqftFalcon Tower, Business Bay · 10th floor

1001, Falcon Tower

Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 2.47M6 February 2025
Current rentAED 116K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1001, Falcon Tower

What is 1001 worth today?

Last sold for AED 2,474,633 in 2025

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1 Mar 2026RentedRenewal
AED 115,763/yr12 months · AED 61 per sqft
1 Mar 2025RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
1 Mar 2025RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
6 Feb 2025Sold by developerReady
AED 2,474,633AED 1,310 per sqft
1 Mar 2024RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
15 May 2023RentedRenewal
AED 94,500/yr12 months · AED 51 per sqft
1 Mar 2023RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
15 May 2022RentedNew contract
AED 90,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,888 sqft
Floor
10th of 39
Parking
1
Service charge
AED 31,800 /yr
Last sold
AED 2.47M · February 2025
Building
Falcon Tower

About 1001, Falcon Tower

1001 is a two-bedroom apartment of 1,888 sqft on the 10th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 6 February 2025 for AED 2,474,633, or AED 1,310 per sqft, 7% below the AED 1,403 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 19 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 115,763 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1001 over time

Rents
Unit 1001, each contractTypical two-bed in Falcon Tower
100K150K2010201520202025Typical rent by year: 2010 AED 112,833; 2011 AED 115,000; 2012 AED 115,400; 2013 AED 125,000; 2014 AED 127,450; 2015 AED 130,000; 2016 AED 133,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 115,500; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,250; 2026 AED 115,500New contract, November 2011: AED 137,000 a yearRenewal, November 2012: AED 137,000 a yearRenewal, November 2013: AED 137,000 a yearRenewal, November 2014: AED 137,000 a yearRenewal, November 2015: AED 137,000 a yearNew contract, January 2017: AED 145,000 a yearRenewal, January 2018: AED 140,000 a yearNew contract, March 2019: AED 115,000 a yearRenewal, March 2020: AED 115,000 a yearRenewal, March 2021: AED 105,000 a yearNew contract, April 2021: AED 85,000 a yearRenewal, March 2022: AED 105,000 a yearNew contract, May 2022: AED 90,000 a yearRenewal, March 2023: AED 105,000 a yearRenewal, May 2023: AED 94,500 a yearRenewal, March 2024: AED 105,000 a yearRenewal, March 2025: AED 110,250 a yearRenewal, March 2025: AED 110,250 a yearRenewal, March 2026: AED 115,763 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Falcon Tower, and where 1001 sits

All 77 2-beds →

1001 last sold in February 2025 at AED 1,310 per sqft, 7% below what two-beds in Falcon Tower were fetching at the time (AED 1,403). 1001's AED 115,763 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 20251,834,633
30 Apr 20251,814,633
30 Apr 20252,725,633
30 Apr 20252,234,633
0 2-bed sales in the last 12 months

Falcon Tower

Building

195 apartments, 1-bed to 3-bed over 39 floors in Business Bay. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 116K /yr
Typical yield
Falcon Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 195 units in Falcon Tower
Value
10021-bedAED 1.77M · Feb 2025
10032-bedAED 2.48M · Feb 2025
10042-bedAED 2.61M · Feb 2025
10051-bedAED 1.74M · Feb 2025
10062-bedAED 2.61M · Feb 2025

1001, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 2,474,633, or AED 1,310 per sqft.
  • Rented since November 2011 on 19 Ejari contracts. The rent fell from AED 137,000 to AED 85,000 in 2021 and recovered to AED 115,763 by March 2026.
  • At AED 115,763 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 1001, Falcon Tower

What did unit 1001 last sell for?

AED 2,474,633 on 6 February 2025, sold by the developer: AED 1,310 per sqft for 1,888 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 115,763 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 110,250; the unit has been rented since November 2011.

How big is unit 1001?

1,888 sqft (175.4 sqm): a two-bedroom apartment on the 10th floor of a 39-storey tower.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1001, Falcon Tower

Starts from the last sale price (AED 2.47M, 6 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,474,633
Deposit, UAE resident (20%)
AED 494,927
Deposit, non-resident (40%)
AED 989,853
Monthly over 25 years at 3.7%
AED 10,124

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →