2-bed · 1,888 sqftFalcon Tower, Business Bay · 13th floor

1304, Falcon Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 2.65M29 April 2025
Current rentAED 116K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Falcon Tower

What is 1304 worth today?

Last sold for AED 2,653,633 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2026RentedRenewal
AED 115,500/yr12 months · AED 61 per sqft
1 May 2026RentedRenewal
AED 115,500/yr12 months · AED 61 per sqft
10 Nov 2025RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
1 May 2025RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
1 May 2025RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 May 2025RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
1 May 2025RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
29 Apr 2025Sold by developerReady
AED 2,653,633AED 1,405 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
1,888 sqft
Floor
13th of 39
Parking
1
Service charge
AED 31,800 /yr
Last sold
AED 2.65M · April 2025
Building
Falcon Tower

About 1304, Falcon Tower

1304 is a two-bedroom apartment of 1,888 sqft on the 13th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 29 April 2025 for AED 2,653,633, or AED 1,405 per sqft, in line with the AED 1,404 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 22 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 115,500 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1304 over time

Rents
Unit 1304, each contractTypical two-bed in Falcon Tower
50K100K150K2010201520202025Typical 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, May 2016: AED 104,738 a yearRenewal, May 2017: AED 104,738 a yearNew contract, May 2018: AED 120,000 a yearRenewal, May 2019: AED 120,000 a yearRenewal, May 2020: AED 110,000 a yearRenewal, May 2021: AED 100,000 a yearRenewal, June 2021: AED 45,000 a yearRenewal, May 2022: AED 100,000 a yearNew contract, June 2022: AED 90,000 a yearRenewal, May 2023: AED 105,000 a yearRenewal, June 2023: AED 94,500 a yearRenewal, May 2024: AED 105,000 a yearRenewal, June 2024: AED 99,225 a yearRenewal, May 2025: AED 110,250 a yearRenewal, May 2025: AED 110,000 a yearRenewal, May 2025: AED 110,250 a yearRenewal, May 2025: AED 110,000 a yearNew contract, November 2025: AED 140,000 a yearRenewal, May 2026: AED 115,500 a yearRenewal, May 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 1304 sits

All 77 2-beds →

1304 last sold in April 2025 at AED 1,405 per sqft, in line with what two-beds in Falcon Tower were fetching at the time (AED 1,404). 1304'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 13th floor

All 195 units in Falcon Tower
Value
13012-bedAED 2.64M · Apr 2025
13021-bedAED 1.65M · Apr 2025
13032-bedAED 2.64M · Apr 2025
13051-bedAED 1.77M · Apr 2025
13062-bedAED 2.65M · Apr 2025

1304, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 2,653,633, or AED 1,405 per sqft.
  • Rented since August 2012 on 22 Ejari contracts. The rent fell from AED 99,750 to AED 45,000 in 2021 and recovered to AED 115,500 by May 2026.
  • At AED 115,500 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 1 May 2026.

Questions about 1304, Falcon Tower

What did unit 1304 last sell for?

AED 2,653,633 on 29 April 2025, sold by the developer: AED 1,405 per sqft for 1,888 sqft. It is the only registered sale of the unit.

What is the rent for unit 1304?

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

How big is unit 1304?

1,888 sqft (175.4 sqm): a two-bedroom apartment on the 13th floor of a 39-storey tower.

What is unit 1304 worth today?

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

Selling 1304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1304, Falcon Tower

Starts from the last sale price (AED 2.65M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,653,633
Deposit, UAE resident (20%)
AED 530,727
Deposit, non-resident (40%)
AED 1,061,453
Monthly over 25 years at 3.7%
AED 10,857

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