1-bed · 946 sqftFalcon Tower, Business Bay · 16th floor

1605, 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 1605 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 1.77M29 April 2025
Current rentAED 110K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Falcon Tower

What is 1605 worth today?

Last sold for AED 1,770,633 in 2025

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20 Oct 2025RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
29 Apr 2025Sold by developerReady
AED 1,770,633AED 1,872 per sqft
20 Oct 2024RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
1 Nov 2023RentedRenewal
AED 66,150/yr12 months · AED 78 per sqft
20 Oct 2023RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
1 Nov 2022RentedRenewal
AED 63,000/yr12 months · AED 74 per sqft
20 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
1 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
16th of 39
Parking
1
Service charge
AED 16,000 /yr
Last sold
AED 1.77M · April 2025
Building
Falcon Tower

About 1605, Falcon Tower

1605 is a one-bedroom apartment of 946 sqft on the 16th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 29 April 2025 for AED 1,770,633, or AED 1,872 per sqft, 7% above the AED 1,752 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 19 Ejari contracts. The current contract, renewed on 20 October 2025, is AED 110,250 a year: a gross yield of 6.2% on the 2025 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1605 over time

Rents
Unit 1605, each contractTypical one-bed in Falcon Tower
50K100K150K2010201520202025Typical rent by year: 2010 AED 101,325; 2011 AED 104,297; 2012 AED 109,512; 2013 AED 120,750; 2014 AED 125,000; 2015 AED 128,400; 2016 AED 128,400; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 75,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,250; 2026 AED 115,763New contract, April 2011: AED 107,660 a yearNew contract, April 2012: AED 107,660 a yearRenewal, April 2012: AED 113,050 a yearNew contract, August 2013: AED 145,000 a yearRenewal, August 2014: AED 145,000 a yearRenewal, August 2015: AED 145,000 a yearRenewal, August 2016: AED 145,000 a yearNew contract, December 2017: AED 140,000 a yearRenewal, January 2019: AED 125,000 a yearRenewal, January 2020: AED 115,000 a yearRenewal, January 2021: AED 123,951 a yearNew contract, September 2021: AED 100,000 a yearNew contract, November 2021: AED 60,000 a yearRenewal, October 2022: AED 100,000 a yearRenewal, November 2022: AED 63,000 a yearRenewal, October 2023: AED 100,000 a yearRenewal, November 2023: AED 66,150 a yearRenewal, October 2024: AED 105,000 a yearRenewal, October 2025: AED 110,250 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Falcon Tower, and where 1605 sits

All 38 1-beds →

1605 last sold in April 2025 at AED 1,872 per sqft, 7% above what one-beds in Falcon Tower were fetching at the time (AED 1,752). 1605's AED 110,250 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Apr 20251,770,633
30 Apr 20251,249,633
30 Apr 20251,634,633
30 Apr 20251,557,633
0 1-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 16th floor

All 195 units in Falcon Tower
Value
16012-bedAED 2.8M · Apr 2025
16021-bedAED 1.65M · Apr 2025
16032-bedAED 2.8M · Apr 2025
16042-bedAED 2.7M · Apr 2025
16062-bedAED 2.7M · Apr 2025

1605, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 1,770,633, or AED 1,872 per sqft.
  • Rented since April 2011 on 19 Ejari contracts. The rent fell from AED 107,660 to AED 60,000 in 2021 and recovered to AED 110,250 by October 2025.
  • At AED 110,250 a year the gross yield on the 2025 price is 6.2%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 20 October 2025.

Questions about 1605, Falcon Tower

What did unit 1605 last sell for?

AED 1,770,633 on 29 April 2025, sold by the developer: AED 1,872 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 110,250 a year on the contract renewed on 20 October 2025. The previous contract, from October 2024, was AED 105,000; the unit has been rented since April 2011.

How big is unit 1605?

946 sqft (87.9 sqm): a one-bedroom apartment on the 16th floor of a 39-storey tower.

What is unit 1605 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 1605, Falcon Tower

Starts from the last sale price (AED 1.77M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,633
Deposit, UAE resident (20%)
AED 354,127
Deposit, non-resident (40%)
AED 708,253
Monthly over 25 years at 3.7%
AED 7,244

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