1-bed · 946 sqftFalcon Tower, Business Bay · 18th floor

1802, Falcon Tower

Sold prices and rental history: sold once, by the developer in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 1.66M6 February 2025
Current rentAED 73K /yr28 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Falcon Tower

What is 1802 worth today?

Last sold for AED 1,657,633 in 2025

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6 Feb 2025Sold by developerReady
AED 1,657,633AED 1,752 per sqft
28 Jan 2024RentedRenewal
AED 73,250/yr12 months · AED 86 per sqft
28 Jan 2023RentedRenewal
AED 68,250/yr12 months · AED 80 per sqft
28 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 6 February 2025.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
18th of 39
Parking
1
Service charge
AED 16,000 /yr
Last sold
AED 1.66M · February 2025
Building
Falcon Tower

About 1802, Falcon Tower

1802 is a one-bedroom apartment of 946 sqft on the 18th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 6 February 2025 for AED 1,657,633, or AED 1,752 per sqft, 5% below the AED 1,839 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 28 January 2024, is AED 73,250 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1802 over time

Rents
Unit 1802, each contractTypical one-bed in Falcon Tower
100K2010201520202025Typical 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, January 2022: AED 65,000 a yearRenewal, January 2023: AED 68,250 a yearRenewal, January 2024: AED 73,250 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 1802 sits

All 38 1-beds →

1802 last sold in February 2025 at AED 1,752 per sqft, 5% below what one-beds in Falcon Tower were fetching at the time (AED 1,839). 1802's AED 73,250 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 18th floor

All 195 units in Falcon Tower
Value
18012-bedAED 2.87M · Feb 2025
18032-bedAED 2.88M · Feb 2025
18042-bedAED 2.74M · Feb 2025
18051-bedAED 1.78M · Feb 2025
18062-bedAED 2.74M · Feb 2025

1802, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 1,657,633, or AED 1,752 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 65,000 to AED 73,250 a year.
  • At AED 73,250 a year the gross yield on the 2025 price is 4.4%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 6 February 2025.

Questions about 1802, Falcon Tower

What did unit 1802 last sell for?

AED 1,657,633 on 6 February 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 1802?

AED 73,250 a year on the contract renewed on 28 January 2024. The previous contract, from January 2023, was AED 68,250; the unit has been rented since January 2022.

How big is unit 1802?

946 sqft (87.9 sqm): a one-bedroom apartment on the 18th floor of a 39-storey tower.

What is unit 1802 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 1802, Falcon Tower

Starts from the last sale price (AED 1.66M, 6 February 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 →