1-bed · 946 sqftFalcon Tower, Business Bay · 17th floor

1705, Falcon Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 1.78M29 April 2025
Current rentAED 75K /yr5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Falcon Tower

What is 1705 worth today?

Last sold for AED 1,781,633 in 2025

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29 Apr 2025Sold by developerReady
AED 1,781,633AED 1,883 per sqft
5 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
5 Apr 2022RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
10 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft

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 1.78M · April 2025
Building
Falcon Tower

About 1705, Falcon Tower

1705 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 1,781,633, or AED 1,883 per sqft, 7% above the AED 1,752 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 5 April 2023, is AED 75,000 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1705 over time

Rents
Unit 1705, each contractTypical one-bed in Falcon Tower
50K100K2010201520202025Typical 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, July 2021: AED 60,000 a yearNew contract, April 2022: AED 70,000 a yearNew contract, April 2023: AED 75,000 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 1705 sits

All 38 1-beds →

1705 last sold in April 2025 at AED 1,883 per sqft, 7% above what one-beds in Falcon Tower were fetching at the time (AED 1,752). 1705's AED 75,000 is at the bottom 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 17th floor

All 195 units in Falcon Tower
Value
17012-bedAED 2.84M · Apr 2025
17021-bedAED 1.66M · Apr 2025
17032-bedAED 2.84M · Apr 2025
17042-bedAED 2.74M · Apr 2025
17062-bedAED 2.74M · Apr 2025

1705, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 1,781,633, or AED 1,883 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 60,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 4.2%, 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 1705, Falcon Tower

What did unit 1705 last sell for?

AED 1,781,633 on 29 April 2025, sold by the developer: AED 1,883 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 75,000 a year on the contract signed on 5 April 2023. The previous contract, from April 2022, was AED 70,000; the unit has been rented since July 2021.

How big is unit 1705?

946 sqft (87.9 sqm): a one-bedroom apartment on the 17th floor of a 39-storey tower.

What is unit 1705 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 1705, Falcon Tower

Starts from the last sale price (AED 1.78M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,781,633
Deposit, UAE resident (20%)
AED 356,327
Deposit, non-resident (40%)
AED 712,653
Monthly over 25 years at 3.7%
AED 7,289

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