2-bed · 1,888 sqftFalcon Tower, Business Bay · 14th floor

1404, 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 1404 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 2.7M30 April 2025
Current rentAED 116K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Falcon Tower

What is 1404 worth today?

Last sold for AED 2,697,633 in 2025

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1 Jul 2026RentedRenewal
AED 115,763/yr12 months · AED 61 per sqft
1 Jul 2026RentedRenewal
AED 115,500/yr12 months · AED 61 per sqft
1 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
1 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
1 Jul 2025RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
1 Jul 2025RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
30 Apr 2025Sold by developerReady
AED 2,697,633AED 1,429 per sqft
1 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,888 sqft
Floor
14th of 39
Parking
1
Service charge
AED 31,800 /yr
Last sold
AED 2.7M · April 2025
Building
Falcon Tower

About 1404, Falcon Tower

1404 is a two-bedroom apartment of 1,888 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 2,697,633, or AED 1,429 per sqft, 4% above the AED 1,375 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 22 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 115,763 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 1404 over time

Rents
Unit 1404, 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, July 2011: AED 108,150 a yearRenewal, July 2012: AED 113,560 a yearRenewal, July 2013: AED 113,560 a yearRenewal, July 2015: AED 113,560 a yearRenewal, July 2016: AED 113,560 a yearRenewal, July 2017: AED 113,560 a yearRenewal, July 2018: AED 113,560 a yearRenewal, July 2019: AED 113,560 a yearRenewal, July 2020: AED 110,000 a yearRenewal, July 2021: AED 110,000 a yearNew contract, November 2021: AED 90,000 a yearRenewal, July 2022: AED 110,000 a yearRenewal, November 2022: AED 94,500 a yearRenewal, July 2023: AED 110,000 a yearRenewal, November 2023: AED 99,225 a yearRenewal, July 2024: AED 110,000 a yearRenewal, July 2025: AED 105,000 a yearRenewal, July 2025: AED 105,000 a yearRenewal, July 2025: AED 110,250 a yearRenewal, July 2025: AED 110,250 a yearRenewal, July 2026: AED 115,763 a yearRenewal, July 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 1404 sits

All 77 2-beds →

1404 last sold in April 2025 at AED 1,429 per sqft, 4% above what two-beds in Falcon Tower were fetching at the time (AED 1,375). 1404's AED 115,763 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 14th floor

All 195 units in Falcon Tower
Value
14012-bedAED 2.69M · Apr 2025
14021-bedAED 1.65M · Apr 2025
14032-bedAED 2.7M · Apr 2025
14051-bedAED 1.77M · Apr 2025
14062-bedAED 3.01M · Apr 2025

1404, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 2,697,633, or AED 1,429 per sqft.
  • Rented since July 2011 on 22 Ejari contracts. The rent fell from AED 108,150 to AED 90,000 in 2021 and recovered to AED 115,763 by July 2026.
  • At AED 115,763 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 July 2026.

Questions about 1404, Falcon Tower

What did unit 1404 last sell for?

AED 2,697,633 on 30 April 2025, sold by the developer: AED 1,429 per sqft for 1,888 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 115,763 a year on the contract renewed on 1 July 2026. The previous contract, from July 2026, was AED 115,500; the unit has been rented since July 2011.

How big is unit 1404?

1,888 sqft (175.4 sqm): a two-bedroom apartment on the 14th floor of a 39-storey tower.

What is unit 1404 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 1404, 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 2,697,633
Deposit, UAE resident (20%)
AED 539,527
Deposit, non-resident (40%)
AED 1,079,053
Monthly over 25 years at 3.7%
AED 11,037

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