2-bed · 1,907 sqftFalcon Tower, Business Bay · 18th floor

1803, Falcon Tower

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

Unit 1803 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 2.88M6 February 2025
Current rentAED 120K /yr22 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Falcon Tower

What is 1803 worth today?

Last sold for AED 2,880,633 in 2025

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6 Feb 2025Sold by developerReady
AED 2,880,633AED 1,510 per sqft
22 Jan 2023RentedNew contract
AED 120,000/yr12 months · AED 65 per sqft
10 Dec 2021RentedNew contract
AED 90,000/yr13 months · AED 49 per sqft

Source: Dubai Land Department. Updated 6 February 2025.

Key facts

Type
2-bed apartment
Size
1,907 sqft
Floor
18th of 39
Parking
1
Service charge
AED 32,200 /yr
Last sold
AED 2.88M · February 2025
Building
Falcon Tower

About 1803, Falcon Tower

1803 is a two-bedroom apartment of 1,907 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 2,880,633, or AED 1,510 per sqft, 8% above the AED 1,403 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 22 January 2023, is AED 120,000 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1803 over time

Rents
Unit 1803, each contractTypical two-bed in Falcon Tower
100K125K2010201520202025Typical rent by year: 2010 AED 112,833; 2011 AED 115,000; 2012 AED 115,400; 2013 AED 125,000; 2014 AED 127,450; 2015 AED 130,000; 2016 AED 133,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 115,500; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,250; 2026 AED 115,500New contract, December 2021: AED 90,000 a yearNew contract, January 2023: AED 120,000 a year

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 1803 sits

All 77 2-beds →

1803 last sold in February 2025 at AED 1,510 per sqft, 8% above what two-beds in Falcon Tower were fetching at the time (AED 1,403). 1803's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 20251,834,633
30 Apr 20251,814,633
30 Apr 20252,725,633
30 Apr 20252,234,633
0 2-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
18021-bedAED 1.66M · Feb 2025
18042-bedAED 2.74M · Feb 2025
18051-bedAED 1.78M · Feb 2025
18062-bedAED 2.74M · Feb 2025

1803, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 2,880,633, or AED 1,510 per sqft.
  • Rented since December 2021 on 2 Ejari contracts, from AED 90,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 4.2%, before a service charge of about AED 32,200 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 6 February 2025.

Questions about 1803, Falcon Tower

What did unit 1803 last sell for?

AED 2,880,633 on 6 February 2025, sold by the developer: AED 1,510 per sqft for 1,907 sqft. It is the only registered sale of the unit.

What is the rent for unit 1803?

AED 120,000 a year on the contract signed on 22 January 2023. The previous contract, from December 2021, was AED 90,000.

How big is unit 1803?

1,907 sqft (177.2 sqm): a two-bedroom apartment on the 18th floor of a 39-storey tower.

What is unit 1803 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 1803, Falcon Tower

Starts from the last sale price (AED 2.88M, 6 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,880,633
Deposit, UAE resident (20%)
AED 576,127
Deposit, non-resident (40%)
AED 1,152,253
Monthly over 25 years at 3.7%
AED 11,786

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