2-bed · 1,475 sqftFalcon Tower, Business Bay · 1st floor

106, 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 106 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.8M7 February 2025
Current rentAED 116K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Falcon Tower

What is 106 worth today?

Last sold for AED 1,798,633 in 2025

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1 Oct 2026RentedRenewal
AED 115,500/yr12 months · AED 61 per sqft
1 Oct 2025RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
7 Feb 2025Sold by developerReady
AED 1,798,633AED 1,219 per sqft
1 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
1 Oct 2023RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
15 Jan 2023RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
15 Jan 2023RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
1 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,475 sqft
Floor
1st of 39
Parking
1
Service charge
AED 24,900 /yr
Last sold
AED 1.8M · February 2025
Building
Falcon Tower

About 106, Falcon Tower

106 is a two-bedroom apartment of 1,475 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 1,798,633, or AED 1,219 per sqft, 8% below the AED 1,323 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 115,500 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 24,900 a year.

Sales and rents for 106 over time

Rents
Unit 106, each contractTypical two-bed in Falcon Tower
100K2010201520202025Typical 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, November 2018: AED 110,000 a yearNew contract, August 2019: AED 110,000 a yearRenewal, August 2020: AED 110,000 a yearRenewal, September 2021: AED 100,000 a yearNew contract, December 2021: AED 78,462 a yearRenewal, October 2022: AED 100,000 a yearNew contract, January 2023: AED 85,000 a yearRenewal, January 2023: AED 85,000 a yearRenewal, October 2023: AED 100,000 a yearRenewal, October 2024: AED 100,000 a yearRenewal, October 2025: AED 110,250 a yearRenewal, October 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 106 sits

All 77 2-beds →

106 last sold in February 2025 at AED 1,219 per sqft, 8% below what two-beds in Falcon Tower were fetching at the time (AED 1,323). 106'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
1032-bedAED 1.63M · Feb 2025
1042-bedAED 1.75M · Feb 2025
1051-bedAED 1.2M · Feb 2025

106, Falcon Tower in numbers

  • Sold once: by the developer on 7 February 2025 for AED 1,798,633, or AED 1,219 per sqft.
  • Rented since August 2012 on 13 Ejari contracts. The rent fell from AED 99,750 to AED 78,462 in 2021 and recovered to AED 115,500 by October 2026.
  • At AED 115,500 a year the gross yield on the 2025 price is 6.4%, before a service charge of about AED 24,900 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 106, Falcon Tower

What did unit 106 last sell for?

AED 1,798,633 on 7 February 2025, sold by the developer: AED 1,219 per sqft for 1,475 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 115,500 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 110,250; the unit has been rented since August 2012.

How big is unit 106?

1,475 sqft (137.0 sqm): a two-bedroom apartment on the 1st floor of a 39-storey tower.

What is unit 106 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 106, Falcon Tower

Starts from the last sale price (AED 1.8M, 7 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,798,633
Deposit, UAE resident (20%)
AED 359,727
Deposit, non-resident (40%)
AED 719,453
Monthly over 25 years at 3.7%
AED 7,359

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