2-bed · 1,954 sqftFalcon Tower, Business Bay · 12th floor

1206, Falcon Tower

Sold prices and rental history: no registered sale, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 1 December 2024
Current rentAED 110K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Falcon Tower

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1 Dec 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
10 Jun 2024RentedRenewal
AED 94,500/yr12 months · AED 51 per sqft
1 Dec 2023RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
10 Jun 2023RentedRenewal
AED 94,500/yr12 months · AED 51 per sqft
1 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
10 Jun 2022RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
1 Dec 2021RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
10 Jun 2021RentedNew contract
AED 85,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,954 sqft
Floor
12th of 39
Parking
2
Service charge
AED 33,000 /yr
Last sold
No registered sale
Building
Falcon Tower

About 1206, Falcon Tower

1206 is a two-bedroom apartment of 1,954 sqft on the 12th floor of Falcon Tower, a 39-storey tower in Business Bay. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2011 on 17 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 110,000 a year, before the service charge of about AED 33,000 a year.

Sales and rents for 1206 over time

Rents
Unit 1206, 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, June 2011: AED 108,150 a yearNew contract, April 2012: AED 135,000 a yearRenewal, April 2013: AED 135,000 a yearRenewal, April 2014: AED 135,000 a yearRenewal, April 2015: AED 135,000 a yearNew contract, December 2016: AED 145,000 a yearRenewal, December 2017: AED 145,000 a yearRenewal, December 2019: AED 110,000 a yearRenewal, December 2020: AED 100,000 a yearNew contract, June 2021: AED 85,000 a yearRenewal, December 2021: AED 100,000 a yearRenewal, June 2022: AED 90,000 a yearRenewal, December 2022: AED 100,000 a yearRenewal, June 2023: AED 94,500 a yearRenewal, December 2023: AED 105,000 a yearRenewal, June 2024: AED 94,500 a yearRenewal, December 2024: AED 110,000 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 1206 sits

All 77 2-beds →

1206's AED 110,000 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 12th floor

All 195 units in Falcon Tower
Value
12012-bedAED 2.59M · Apr 2025
12021-bedAED 1.6M · Apr 2025
12032-bedAED 2.59M · Apr 2025
12042-bedAED 2.65M · Apr 2025
12051-bedNo registered sale

1206, Falcon Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2011 on 17 Ejari contracts. The rent fell from AED 108,150 to AED 85,000 in 2021 and recovered to AED 110,000 by December 2024.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 1206, Falcon Tower

What is the rent for unit 1206?

AED 110,000 a year on the contract renewed on 1 December 2024. The previous contract, from June 2024, was AED 94,500; the unit has been rented since June 2011.

How big is unit 1206?

1,954 sqft (181.5 sqm): a two-bedroom apartment on the 12th floor of a 39-storey tower.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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