2-bed · 1,907 sqftFalcon Tower, Business Bay · 19th floor

1903, 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.

Unit 1903 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 2.92M29 April 2025
Current rentAED 104K /yr18 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Falcon Tower

What is 1903 worth today?

Last sold for AED 2,920,633 in 2025

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29 Apr 2025Sold by developerReady
AED 2,920,633AED 1,531 per sqft
18 Apr 2024RentedRenewal
AED 103,950/yr12 months · AED 57 per sqft
18 Apr 2023RentedRenewal
AED 94,500/yr12 months · AED 51 per sqft
18 Apr 2022RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
18 Apr 2021RentedRenewal
AED 88,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
2-bed apartment
Size
1,907 sqft
Floor
19th of 39
Parking
1
Service charge
AED 32,200 /yr
Last sold
AED 2.92M · April 2025
Building
Falcon Tower

About 1903, Falcon Tower

1903 is a two-bedroom apartment of 1,907 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 2,920,633, or AED 1,531 per sqft, 9% above the AED 1,404 two-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 18 April 2024, is AED 103,950 a year: a gross yield of 3.6% on the 2025 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1903 over time

Rents
Unit 1903, 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 115,500Renewal, April 2021: AED 88,000 a yearRenewal, April 2022: AED 90,000 a yearRenewal, April 2023: AED 94,500 a yearRenewal, April 2024: AED 103,950 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 1903 sits

All 77 2-beds →

1903 last sold in April 2025 at AED 1,531 per sqft, 9% above what two-beds in Falcon Tower were fetching at the time (AED 1,404). 1903's AED 103,950 is in the lower 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 19th floor

All 195 units in Falcon Tower
Value
19012-bedAED 2.91M · Apr 2025
19021-bedAED 1.66M · Apr 2025
19042-bedAED 2.74M · Apr 2025
19051-bedAED 1.78M · Apr 2025
19062-bedAED 2.74M · Apr 2025

1903, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 2,920,633, or AED 1,531 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 88,000 to AED 103,950 a year.
  • At AED 103,950 a year the gross yield on the 2025 price is 3.6%, before a service charge of about AED 32,200 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 29 April 2025.

Questions about 1903, Falcon Tower

What did unit 1903 last sell for?

AED 2,920,633 on 29 April 2025, sold by the developer: AED 1,531 per sqft for 1,907 sqft. It is the only registered sale of the unit.

What is the rent for unit 1903?

AED 103,950 a year on the contract renewed on 18 April 2024. The previous contract, from April 2023, was AED 94,500; the unit has been rented since April 2021.

How big is unit 1903?

1,907 sqft (177.2 sqm): a two-bedroom apartment on the 19th floor of a 39-storey tower.

What is unit 1903 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 1903, Falcon Tower

Starts from the last sale price (AED 2.92M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,920,633
Deposit, UAE resident (20%)
AED 584,127
Deposit, non-resident (40%)
AED 1,168,253
Monthly over 25 years at 3.7%
AED 11,949

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