1702, Falcon Tower
Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Falcon Tower
What is 1702 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 29 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 17th of 39
- Parking
- 1
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.66M · April 2025
- Building
- Falcon Tower
About 1702, Falcon Tower
1702 is a one-bedroom apartment of 946 sqft on the 17th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 29 April 2025 for AED 1,657,633, or AED 1,752 per sqft, in line with the AED 1,752 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 80,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 16,000 a year.
Sales and rents for 1702 over time
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 1702 sits
All 38 1-beds →1702 last sold in April 2025 at AED 1,752 per sqft, in line with what one-beds in Falcon Tower were fetching at the time (AED 1,752). 1702's AED 80,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202530 April 2025 | 946 sqft | 1,770,633 | 1,872 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,249,633 | 1,321 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,634,633 | 1,728 | ||
| 30 Apr 202530 April 2025 | 946 sqft | 1,557,633 | 1,647 |
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 17th floor
All 195 units in Falcon Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,888 sqft | AED 2.84MAED 2,839,633 · Apr 2025April 2025 | ||
| 1703 | 2-bed | 1,907 sqft | AED 2.84MAED 2,841,633 · Apr 2025April 2025 | 90,000 /yr | |
| 1704 | 2-bed | 1,888 sqft | AED 2.74MAED 2,741,633 · Apr 2025April 2025 | 130,000 /yr | |
| 1705 | 1-bed | 946 sqft | AED 1.78MAED 1,781,633 · Apr 2025April 2025 | 75,000 /yr | |
| 1706 | 2-bed | 1,954 sqft | AED 2.74MAED 2,741,633 · Apr 2025April 2025 | 135,000 /yr |
1702, Falcon Tower in numbers
- Sold once: by the developer on 29 April 2025 for AED 1,657,633, or AED 1,752 per sqft.
- Rented since November 2021 on 4 Ejari contracts, from AED 65,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 4.8%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 29 April 2025.
Questions about 1702, Falcon Tower
What did unit 1702 last sell for?
AED 1,657,633 on 29 April 2025, sold by the developer: AED 1,752 per sqft for 946 sqft. It is the only registered sale of the unit.
What is the rent for unit 1702?
AED 80,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 80,000; the unit has been rented since November 2021.
How big is unit 1702?
946 sqft (87.9 sqm): a one-bedroom apartment on the 17th floor of a 39-storey tower.
What is unit 1702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1702? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1702, Falcon Tower
Starts from the last sale price (AED 1.66M, 29 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,657,633
- Deposit, UAE resident (20%)
- AED 331,527
- Deposit, non-resident (40%)
- AED 663,053
- Monthly over 25 years at 3.7%
- AED 6,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →