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

1004, 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 1004 · DLD and Ejari recordsUpdated 2 September 2026
Last soldAED 2.61M6 February 2025
Current rentAED 110K /yr2 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Falcon Tower

What is 1004 worth today?

Last sold for AED 2,609,633 in 2025

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2 Sep 2026RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
2 Sep 2025RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
6 Feb 2025Sold by developerReady
AED 2,609,633AED 1,382 per sqft
2 Sep 2024RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
23 May 2024RentedRenewal
AED 104,186/yr12 months · AED 57 per sqft
2 Sep 2023RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
23 May 2023RentedRenewal
AED 99,225/yr12 months · AED 54 per sqft
2 Sep 2022RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 2 September 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 2.61M · February 2025
Building
Falcon Tower

About 1004, Falcon Tower

1004 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 2,609,633, or AED 1,382 per sqft, in line with the AED 1,403 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 20 Ejari contracts. The current contract, renewed on 2 September 2026, is AED 110,250 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1004 over time

Rents
Unit 1004, each contractTypical two-bed in Falcon Tower
100K125K2010201520202025Typical 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, August 2011: AED 125,000 a yearNew contract, June 2012: AED 130,000 a yearRenewal, June 2013: AED 130,000 a yearRenewal, June 2014: AED 130,000 a yearRenewal, June 2015: AED 130,000 a yearRenewal, June 2016: AED 130,000 a yearRenewal, June 2017: AED 130,000 a yearRenewal, June 2018: AED 120,000 a yearRenewal, June 2019: AED 114,192 a yearRenewal, September 2020: AED 100,000 a yearRenewal, May 2021: AED 86,512 a yearRenewal, September 2021: AED 100,000 a yearRenewal, May 2022: AED 94,500 a yearRenewal, September 2022: AED 100,000 a yearRenewal, May 2023: AED 99,225 a yearRenewal, September 2023: AED 100,000 a yearRenewal, May 2024: AED 104,186 a yearRenewal, September 2024: AED 100,000 a yearRenewal, September 2025: AED 105,000 a yearRenewal, September 2026: AED 110,250 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 1004 sits

All 77 2-beds →

1004 last sold in February 2025 at AED 1,382 per sqft, in line with what two-beds in Falcon Tower were fetching at the time (AED 1,403). 1004's AED 110,250 is in the lower 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
10012-bedAED 2.47M · Feb 2025
10021-bedAED 1.77M · Feb 2025
10032-bedAED 2.48M · Feb 2025
10051-bedAED 1.74M · Feb 2025
10062-bedAED 2.61M · Feb 2025

1004, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 2,609,633, or AED 1,382 per sqft.
  • Rented since August 2011 on 20 Ejari contracts. The rent fell from AED 125,000 to AED 86,512 in 2021 and recovered to AED 110,250 by September 2026.
  • At AED 110,250 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 2 September 2026.

Questions about 1004, Falcon Tower

What did unit 1004 last sell for?

AED 2,609,633 on 6 February 2025, sold by the developer: AED 1,382 per sqft for 1,888 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 110,250 a year on the contract renewed on 2 September 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since August 2011.

How big is unit 1004?

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

What is unit 1004 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 1004, Falcon Tower

Starts from the last sale price (AED 2.61M, 6 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,609,633
Deposit, UAE resident (20%)
AED 521,927
Deposit, non-resident (40%)
AED 1,043,853
Monthly over 25 years at 3.7%
AED 10,677

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