1902, Falcon Tower
Sold prices and rental history: sold once, by the developer in April 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1902, Falcon Tower
What is 1902 worth today?
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Source: Dubai Land Department. Updated 29 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 946 sqft
- Floor
- 19th of 39
- Parking
- 1
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.66M · April 2025
- Building
- Falcon Tower
About 1902, Falcon Tower
1902 is a one-bedroom apartment of 946 sqft on the 19th 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 since 2022 on 2 Ejari contracts. The current contract, renewed on 15 January 2023, is AED 68,250 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 16,000 a year.
Sales and rents for 1902 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 1902 sits
All 38 1-beds →1902 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). 1902's AED 68,250 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 19th floor
All 195 units in Falcon Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,888 sqft | AED 2.91MAED 2,906,633 · Apr 2025April 2025 | 103,950 /yr | |
| 1903 | 2-bed | 1,907 sqft | AED 2.92MAED 2,920,633 · Apr 2025April 2025 | 103,950 /yr | |
| 1904 | 2-bed | 1,888 sqft | AED 2.74MAED 2,741,633 · Apr 2025April 2025 | 125,000 /yr | |
| 1905 | 1-bed | 946 sqft | AED 1.78MAED 1,784,633 · Apr 2025April 2025 | 75,000 /yr | |
| 1906 | 2-bed | 1,954 sqft | AED 2.74MAED 2,741,633 · Apr 2025April 2025 | 99,225 /yr |
1902, 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 January 2022 on 2 Ejari contracts, from AED 65,000 to AED 68,250 a year.
- At AED 68,250 a year the gross yield on the 2025 price is 4.1%, 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 1902, Falcon Tower
What did unit 1902 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 1902?
AED 68,250 a year on the contract renewed on 15 January 2023. The previous contract, from January 2022, was AED 65,000.
How big is unit 1902?
946 sqft (87.9 sqm): a one-bedroom apartment on the 19th floor of a 39-storey tower.
What is unit 1902 worth today?
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Mortgage on 1902, 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 →