1003, Falcon Tower
Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Falcon Tower
What is 1003 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,907 sqft
- Floor
- 10th of 39
- Parking
- 1
- Service charge
- AED 32,200 /yr
- Last sold
- AED 2.48M · February 2025
- Building
- Falcon Tower
About 1003, Falcon Tower
1003 is a two-bedroom apartment of 1,907 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 2,475,633, or AED 1,298 per sqft, 7% below the AED 1,403 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 110,000 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 32,200 a year.
Sales and rents for 1003 over time
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 1003 sits
All 77 2-beds →1003 last sold in February 2025 at AED 1,298 per sqft, 7% below what two-beds in Falcon Tower were fetching at the time (AED 1,403). 1003's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 1,907 sqft | 1,834,633 | 961 | ||
| 30 Apr 202530 April 2025 | 1,888 sqft | 1,814,633 | 961 | ||
| 30 Apr 202530 April 2025 | 1,954 sqft | 2,725,633 | 1,395 | ||
| 30 Apr 202530 April 2025 | 1,888 sqft | 2,234,633 | 1,183 |
Falcon Tower
Building195 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
Other units on the 10th floor
All 195 units in Falcon Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,888 sqft | AED 2.47MAED 2,474,633 · Feb 2025February 2025 | 115,763 /yr | |
| 1002 | 1-bed | 946 sqft | AED 1.77MAED 1,773,633 · Feb 2025February 2025 | 105,000 /yr | |
| 1004 | 2-bed | 1,888 sqft | AED 2.61MAED 2,609,633 · Feb 2025February 2025 | 110,250 /yr | |
| 1005 | 1-bed | 946 sqft | AED 1.74MAED 1,739,633 · Feb 2025February 2025 | 115,763 /yr | |
| 1006 | 2-bed | 1,954 sqft | AED 2.61MAED 2,609,633 · Feb 2025February 2025 | 115,500 /yr |
1003, Falcon Tower in numbers
- Sold once: by the developer on 6 February 2025 for AED 2,475,633, or AED 1,298 per sqft.
- Rented since August 2012 on 10 Ejari contracts, from AED 99,750 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2025 price is 4.4%, before a service charge of about AED 32,200 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 6 February 2025.
Questions about 1003, Falcon Tower
What did unit 1003 last sell for?
AED 2,475,633 on 6 February 2025, sold by the developer: AED 1,298 per sqft for 1,907 sqft. It is the only registered sale of the unit.
What is the rent for unit 1003?
AED 110,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 105,000; the unit has been rented since August 2012.
How big is unit 1003?
1,907 sqft (177.2 sqm): a two-bedroom apartment on the 10th floor of a 39-storey tower.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1003? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1003, Falcon Tower
Starts from the last sale price (AED 2.48M, 6 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,475,633
- Deposit, UAE resident (20%)
- AED 495,127
- Deposit, non-resident (40%)
- AED 990,253
- Monthly over 25 years at 3.7%
- AED 10,129
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →