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1-bed · 946 sqftFalcon Tower, Business Bay · 12th floor

1202, Falcon Tower

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

Unit 1202 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.6M30 April 2025
Current rentAED 116K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Falcon Tower

What is 1202 worth today?

Last sold for AED 1,603,633 in 2025

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1 Jan 2026RentedNew contract
AED 115,500/yr12 months · AED 61 per sqft
30 Apr 2025Sold by developerReady
AED 1,603,633AED 1,695 per sqft
25 Oct 2023RentedRenewal
AED 78,750/yr12 months · AED 93 per sqft
25 Oct 2022RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
1 Dec 2020RentedNew contract
AED 110,000/yr13 months · AED 58 per sqft
17 Aug 2019RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
17 Aug 2018RentedNew contract
AED 115,000/yr12 months · AED 61 per sqft
1 Apr 2017RentedRenewal
AED 150,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
12th of 39
Parking
1
Service charge
AED 16,000 /yr
Last sold
AED 1.6M · April 2025
Building
Falcon Tower

About 1202, Falcon Tower

1202 is a one-bedroom apartment of 946 sqft on the 12th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 1,603,633, or AED 1,695 per sqft, in line with the AED 1,712 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 14 Ejari contracts. The current contract, signed on 1 January 2026, is AED 115,500 a year: a gross yield of 7.2% on the 2025 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1202 over time

Rents
Unit 1202, each contractTypical one-bed in Falcon Tower
100K150K2010201520202025Typical rent by year: 2010 AED 101,325; 2011 AED 104,297; 2012 AED 109,512; 2013 AED 120,750; 2014 AED 125,000; 2015 AED 128,400; 2016 AED 128,400; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 75,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,250; 2026 AED 115,763New contract, January 2011: AED 98,175 a yearRenewal, January 2012: AED 98,175 a yearRenewal, January 2013: AED 108,000 a yearRenewal, July 2013: AED 140,000 a yearNew contract, April 2014: AED 150,000 a yearRenewal, April 2015: AED 150,000 a yearRenewal, April 2016: AED 150,000 a yearRenewal, April 2017: AED 150,000 a yearNew contract, August 2018: AED 115,000 a yearRenewal, August 2019: AED 115,000 a yearNew contract, December 2020: AED 110,000 a yearNew contract, October 2022: AED 75,000 a yearRenewal, October 2023: AED 78,750 a yearNew contract, January 2026: AED 115,500 a year

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

1-beds in Falcon Tower, and where 1202 sits

All 38 1-beds →

1202 last sold in April 2025 at AED 1,695 per sqft, in line with what one-beds in Falcon Tower were fetching at the time (AED 1,712). 1202's AED 115,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Apr 20251,770,633
30 Apr 20251,249,633
30 Apr 20251,634,633
30 Apr 20251,557,633
0 1-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 12th floor

All 195 units in Falcon Tower
Value
12012-bedAED 2.59M · Apr 2025
12032-bedAED 2.59M · Apr 2025
12042-bedAED 2.65M · Apr 2025
12051-bedNo registered sale
12062-bedNo registered sale

1202, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 1,603,633, or AED 1,695 per sqft.
  • Rented since January 2011 on 14 Ejari contracts. The rent fell from AED 98,175 to AED 75,000 in 2022 and recovered to AED 115,500 by January 2026.
  • At AED 115,500 a year the gross yield on the 2025 price is 7.2%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 1 January 2026.

Questions about 1202, Falcon Tower

What did unit 1202 last sell for?

AED 1,603,633 on 30 April 2025, sold by the developer: AED 1,695 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 115,500 a year on the contract signed on 1 January 2026. The previous contract, from October 2023, was AED 78,750; the unit has been rented since January 2011.

How big is unit 1202?

946 sqft (87.9 sqm): a one-bedroom apartment on the 12th floor of a 39-storey tower.

What is unit 1202 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 1202, Falcon Tower

Starts from the last sale price (AED 1.6M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,603,633
Deposit, UAE resident (20%)
AED 320,727
Deposit, non-resident (40%)
AED 641,453
Monthly over 25 years at 3.7%
AED 6,561

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