1503, 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 1503, Falcon Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,907 sqft
- Floor
- 15th of 39
- Parking
- 1
- Service charge
- AED 32,200 /yr
- Last sold
- AED 2.75M · April 2025
- Building
- Falcon Tower
About 1503, Falcon Tower
1503 is a two-bedroom apartment of 1,907 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 2,749,633, or AED 1,441 per sqft, 5% 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 December 2025, is AED 110,250 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 32,200 a year.
Sales and rents for 1503 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 1503 sits
All 77 2-beds →1503 last sold in April 2025 at AED 1,441 per sqft, 5% above what two-beds in Falcon Tower were fetching at the time (AED 1,375). 1503's AED 110,250 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,888 sqft | AED 2.75MAED 2,746,633 · Apr 2025April 2025 | 115,500 /yr | |
| 1502 | 1-bed | 946 sqft | AED 1.65MAED 1,647,633 · Apr 2025April 2025 | 115,500 /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 |
1503, Falcon Tower in numbers
- Sold once: by the developer on 30 April 2025 for AED 2,749,633, or AED 1,441 per sqft.
- Rented since March 2011 on 22 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2022 and recovered to AED 110,250 by December 2025.
- At AED 110,250 a year the gross yield on the 2025 price is 4.0%, before a service charge of about AED 32,200 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 1 December 2025.
Questions about 1503, Falcon Tower
What did unit 1503 last sell for?
AED 2,749,633 on 30 April 2025, sold by the developer: AED 1,441 per sqft for 1,907 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 110,250 a year on the contract renewed on 1 December 2025. The previous contract, from December 2025, was AED 105,000; the unit has been rented since March 2011.
How big is unit 1503?
1,907 sqft (177.2 sqm): a two-bedroom apartment on the 15th floor of a 39-storey tower.
What is unit 1503 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 1503, 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 2,749,633
- Deposit, UAE resident (20%)
- AED 549,927
- Deposit, non-resident (40%)
- AED 1,099,853
- Monthly over 25 years at 3.7%
- AED 11,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →