2-bed · 1,907 sqftFalcon Tower, Business Bay · 14th floor

1403, 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 1403 · DLD and Ejari recordsUpdated 30 April 2025
Last soldAED 2.7M30 April 2025
Current rentAED 110K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Falcon Tower

What is 1403 worth today?

Last sold for AED 2,696,633 in 2025

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30 Apr 2025Sold by developerReady
AED 2,696,633AED 1,413 per sqft
1 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 Mar 2024RentedRenewal
AED 95,917/yr12 months · AED 52 per sqft
1 Jul 2023RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
1 Mar 2023RentedRenewal
AED 91,350/yr12 months · AED 50 per sqft
1 Jun 2022RentedNew contract
AED 100,000/yr13 months · AED 53 per sqft
1 Feb 2022RentedNew contract
AED 87,000/yr13 months · AED 47 per sqft
1 Apr 2021RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 30 April 2025.

Key facts

Type
2-bed apartment
Size
1,907 sqft
Floor
14th of 39
Parking
1
Service charge
AED 32,200 /yr
Last sold
AED 2.7M · April 2025
Building
Falcon Tower

About 1403, Falcon Tower

1403 is a two-bedroom apartment of 1,907 sqft on the 14th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 2,696,633, or AED 1,413 per sqft, in line with the AED 1,375 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 110,000 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1403 over time

Rents
Unit 1403, each contractTypical two-bed in Falcon Tower
100K125K2010201520202025Typical 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 yearRenewal, April 2019: AED 120,000 a yearRenewal, April 2020: AED 115,000 a yearRenewal, April 2021: AED 105,000 a yearNew contract, February 2022: AED 87,000 a yearNew contract, June 2022: AED 100,000 a yearRenewal, March 2023: AED 91,350 a yearRenewal, July 2023: AED 105,000 a yearRenewal, March 2024: AED 95,917 a yearRenewal, July 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 1403 sits

All 77 2-beds →

1403 last sold in April 2025 at AED 1,413 per sqft, in line with what two-beds in Falcon Tower were fetching at the time (AED 1,375). 1403'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 14th floor

All 195 units in Falcon Tower
Value
14012-bedAED 2.69M · Apr 2025
14021-bedAED 1.65M · Apr 2025
14042-bedAED 2.7M · Apr 2025
14051-bedAED 1.77M · Apr 2025
14062-bedAED 3.01M · Apr 2025

1403, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 2,696,633, or AED 1,413 per sqft.
  • Rented since August 2012 on 10 Ejari contracts. The rent fell from AED 99,750 to AED 87,000 in 2022 and recovered to AED 110,000 by July 2024.
  • At AED 110,000 a year the gross yield on the 2025 price is 4.1%, before a service charge of about AED 32,200 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 30 April 2025.

Questions about 1403, Falcon Tower

What did unit 1403 last sell for?

AED 2,696,633 on 30 April 2025, sold by the developer: AED 1,413 per sqft for 1,907 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 110,000 a year on the contract renewed on 1 July 2024. The previous contract, from March 2024, was AED 95,917; the unit has been rented since August 2012.

How big is unit 1403?

1,907 sqft (177.2 sqm): a two-bedroom apartment on the 14th floor of a 39-storey tower.

What is unit 1403 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 1403, Falcon Tower

Starts from the last sale price (AED 2.7M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,696,633
Deposit, UAE resident (20%)
AED 539,327
Deposit, non-resident (40%)
AED 1,078,653
Monthly over 25 years at 3.7%
AED 11,033

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