1501, 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.
Property timeline for 1501, Falcon Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 2 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,888 sqft
- Floor
- 15th of 39
- Parking
- 1
- Service charge
- AED 31,800 /yr
- Last sold
- AED 2.75M · April 2025
- Building
- Falcon Tower
About 1501, Falcon Tower
1501 is a two-bedroom apartment of 1,888 sqft on the 15th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 2,746,633, or AED 1,455 per sqft, 6% 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 2 May 2026, is AED 115,500 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 31,800 a year.
Sales and rents for 1501 over time
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 1501 sits
All 77 2-beds →1501 last sold in April 2025 at AED 1,455 per sqft, 6% above what two-beds in Falcon Tower were fetching at the time (AED 1,375). 1501's AED 115,500 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 1,907 sqft | 1,834,633 | 961 | ||
| 30 Apr 202530 April 2025 | 1,888 sqft | 1,814,633 | 961 | ||
| 30 Apr 202530 April 2025 | 1,954 sqft | 2,725,633 | 1,395 | ||
| 30 Apr 202530 April 2025 | 1,888 sqft | 2,234,633 | 1,183 |
Falcon Tower
Building195 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
Other units on the 15th floor
All 195 units in Falcon Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 946 sqft | AED 1.65MAED 1,647,633 · Apr 2025April 2025 | 115,500 /yr | |
| 1503 | 2-bed | 1,907 sqft | AED 2.75MAED 2,749,633 · Apr 2025April 2025 | 105,000 /yr | |
| 1504 | 2-bed | 1,888 sqft | AED 3.01MAED 3,006,633 · Apr 2025April 2025 | 115,763 /yr | |
| 1505 | 1-bed | 946 sqft | AED 1.77MAED 1,770,633 · Apr 2025April 2025 | 115,720 /yr | |
| 1506 | 2-bed | 1,954 sqft | AED 2.7MAED 2,697,633 · Apr 2025April 2025 | 115,500 /yr |
1501, Falcon Tower in numbers
- Sold once: by the developer on 30 April 2025 for AED 2,746,633, or AED 1,455 per sqft.
- Rented since January 2011 on 20 Ejari contracts. The rent fell from AED 99,750 to AED 46,815 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 4.2%, before a service charge of about AED 31,800 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 2 May 2026.
Questions about 1501, Falcon Tower
What did unit 1501 last sell for?
AED 2,746,633 on 30 April 2025, sold by the developer: AED 1,455 per sqft for 1,888 sqft. It is the only registered sale of the unit.
What is the rent for unit 1501?
AED 115,500 a year on the contract renewed on 2 May 2026. The previous contract, from May 2025, was AED 110,000; the unit has been rented since January 2011.
How big is unit 1501?
1,888 sqft (175.4 sqm): a two-bedroom apartment on the 15th floor of a 39-storey tower.
What is unit 1501 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 1501, Falcon Tower
Starts from the last sale price (AED 2.75M, 30 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,746,633
- Deposit, UAE resident (20%)
- AED 549,327
- Deposit, non-resident (40%)
- AED 1,098,653
- Monthly over 25 years at 3.7%
- AED 11,237
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →