2-bed · 1,429 sqftFalcon Tower, Business Bay · 1st floor

103, 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.

Unit 103 · DLD and Ejari recordsUpdated 11 February 2026
Last soldAED 1.63M7 February 2025
Current rentAED 116K /yr11 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Falcon Tower

What is 103 worth today?

Last sold for AED 1,625,633 in 2025

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11 Feb 2026RentedRenewal
AED 115,500/yr12 months · AED 61 per sqft
11 Feb 2025RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
11 Feb 2025RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
7 Feb 2025Sold by developerReady
AED 1,625,633AED 1,137 per sqft
11 Feb 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
15 Jan 2023RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
11 Jan 2023RentedNew contract
AED 111,000/yr13 months · AED 58 per sqft
1 Jan 2022RentedRenewal
AED 90,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 11 February 2026.

Key facts

Type
2-bed apartment
Size
1,429 sqft
Floor
1st of 39
Parking
1
Service charge
AED 24,100 /yr
Last sold
AED 1.63M · February 2025
Building
Falcon Tower

About 103, Falcon Tower

103 is a two-bedroom apartment of 1,429 sqft on the 1st floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 7 February 2025 for AED 1,625,633, or AED 1,137 per sqft, 14% below the AED 1,323 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 11 February 2026, is AED 115,500 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 24,100 a year.

Sales and rents for 103 over time

Rents
Unit 103, 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, August 2012: AED 99,750 a yearNew contract, August 2013: AED 140,000 a yearRenewal, August 2014: AED 140,000 a yearRenewal, August 2015: AED 145,000 a yearNew contract, August 2017: AED 145,000 a yearNew contract, September 2018: AED 115,000 a yearNew contract, December 2019: AED 100,000 a yearRenewal, December 2020: AED 100,000 a yearNew contract, December 2021: AED 78,462 a yearRenewal, January 2022: AED 90,000 a yearNew contract, January 2023: AED 85,000 a yearNew contract, January 2023: AED 111,000 a yearRenewal, February 2024: AED 110,000 a yearRenewal, February 2025: AED 110,000 a yearRenewal, February 2025: AED 110,000 a yearRenewal, February 2026: AED 115,500 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 103 sits

All 77 2-beds →

103 last sold in February 2025 at AED 1,137 per sqft, 14% below what two-beds in Falcon Tower were fetching at the time (AED 1,323). 103's AED 115,500 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 1st floor

All 195 units in Falcon Tower
Value
1012-bedAED 1.6M · Feb 2025
1021-bedAED 1.06M · Feb 2025
1042-bedAED 1.75M · Feb 2025
1051-bedAED 1.2M · Feb 2025
1062-bedAED 1.8M · Feb 2025

103, Falcon Tower in numbers

  • Sold once: by the developer on 7 February 2025 for AED 1,625,633, or AED 1,137 per sqft.
  • Rented since August 2012 on 16 Ejari contracts. The rent fell from AED 99,750 to AED 78,462 in 2021 and recovered to AED 115,500 by February 2026.
  • At AED 115,500 a year the gross yield on the 2025 price is 7.1%, before a service charge of about AED 24,100 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 11 February 2026.

Questions about 103, Falcon Tower

What did unit 103 last sell for?

AED 1,625,633 on 7 February 2025, sold by the developer: AED 1,137 per sqft for 1,429 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 115,500 a year on the contract renewed on 11 February 2026. The previous contract, from February 2025, was AED 110,000; the unit has been rented since August 2012.

How big is unit 103?

1,429 sqft (132.8 sqm): a two-bedroom apartment on the 1st floor of a 39-storey tower.

What is unit 103 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 103, Falcon Tower

Starts from the last sale price (AED 1.63M, 7 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,633
Deposit, UAE resident (20%)
AED 325,127
Deposit, non-resident (40%)
AED 650,253
Monthly over 25 years at 3.7%
AED 6,651

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