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2-bed · 1,954 sqftFalcon Tower, Business Bay · 14th floor

1406, 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 1406 · DLD and Ejari recordsUpdated 6 October 2026
Last soldAED 3.01M30 April 2025
Current rentAED 110K /yr6 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, Falcon Tower

What is 1406 worth today?

Last sold for AED 3,006,633 in 2025

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6 Oct 2026RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
6 Oct 2025RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
30 Apr 2025Sold by developerReady
AED 3,006,633AED 1,539 per sqft
6 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
16 Aug 2024RentedRenewal
AED 105,000/yr12 months · AED 57 per sqft
6 Oct 2023RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
16 Aug 2023RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
6 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 6 October 2026.

Key facts

Type
2-bed apartment
Size
1,954 sqft
Floor
14th of 39
Parking
2
Service charge
AED 33,000 /yr
Last sold
AED 3.01M · April 2025
Building
Falcon Tower

About 1406, Falcon Tower

1406 is a two-bedroom apartment of 1,954 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 3,006,633, or AED 1,539 per sqft, 12% above the AED 1,375 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 20 Ejari contracts. The current contract, renewed on 6 October 2026, is AED 110,250 a year: a gross yield of 3.7% on the 2025 price, before the service charge of about AED 33,000 a year.

Sales and rents for 1406 over time

Rents
Unit 1406, 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, May 2011: AED 130,000 a yearRenewal, May 2012: AED 130,000 a yearRenewal, May 2013: AED 130,000 a yearRenewal, May 2014: AED 130,000 a yearRenewal, May 2015: AED 130,000 a yearRenewal, May 2017: AED 130,000 a yearRenewal, May 2018: AED 130,000 a yearRenewal, May 2019: AED 125,000 a yearNew contract, September 2020: AED 100,000 a yearNew contract, October 2020: AED 100,000 a yearRenewal, August 2021: AED 49,000 a yearRenewal, October 2021: AED 100,000 a yearRenewal, October 2022: AED 100,000 a yearRenewal, August 2023: AED 100,000 a yearRenewal, October 2023: AED 100,000 a yearRenewal, August 2024: AED 105,000 a yearRenewal, October 2024: AED 100,000 a yearRenewal, October 2025: AED 105,000 a yearRenewal, October 2026: AED 110,250 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 1406 sits

All 77 2-beds →

1406 last sold in April 2025 at AED 1,539 per sqft, 12% above what two-beds in Falcon Tower were fetching at the time (AED 1,375). 1406's AED 110,250 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
14032-bedAED 2.7M · Apr 2025
14042-bedAED 2.7M · Apr 2025
14051-bedAED 1.77M · Apr 2025

1406, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 3,006,633, or AED 1,539 per sqft.
  • Rented since May 2011 on 20 Ejari contracts. The rent fell from AED 130,000 to AED 49,000 in 2021 and recovered to AED 110,250 by October 2026.
  • At AED 110,250 a year the gross yield on the 2025 price is 3.7%, before a service charge of about AED 33,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 6 October 2026.

Questions about 1406, Falcon Tower

What did unit 1406 last sell for?

AED 3,006,633 on 30 April 2025, sold by the developer: AED 1,539 per sqft for 1,954 sqft. It is the only registered sale of the unit.

What is the rent for unit 1406?

AED 110,250 a year on the contract renewed on 6 October 2026. The previous contract, from October 2025, was AED 105,000; the unit has been rented since May 2011.

How big is unit 1406?

1,954 sqft (181.5 sqm): a two-bedroom apartment on the 14th floor of a 39-storey tower.

What is unit 1406 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 1406, Falcon Tower

Starts from the last sale price (AED 3.01M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,006,633
Deposit, UAE resident (20%)
AED 601,327
Deposit, non-resident (40%)
AED 1,202,653
Monthly over 25 years at 3.7%
AED 12,301

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