3-bed · 2,432 sqftFalcon Tower, Business Bay · 20th floor

2004, 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 2004 · DLD and Ejari recordsUpdated 30 April 2025
Last soldAED 3.29M30 April 2025
Current rentAED 127K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Falcon Tower

What is 2004 worth today?

Last sold for AED 3,291,633 in 2025

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30 Apr 2025Sold by developerReady
AED 3,291,633AED 1,353 per sqft
15 Jul 2022RentedRenewal
AED 126,500/yr12 months · AED 54 per sqft
15 Jul 2021RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 30 April 2025.

Key facts

Type
3-bed apartment
Size
2,432 sqft
Floor
20th of 39
Parking
2
Service charge
AED 41,000 /yr
Last sold
AED 3.29M · April 2025
Building
Falcon Tower

About 2004, Falcon Tower

2004 is a three-bedroom apartment of 2,432 sqft on the 20th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 3,291,633, or AED 1,353 per sqft, 12% below the AED 1,530 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 126,500 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 41,000 a year.

Sales and rents for 2004 over time

Rents
Unit 2004, each contractTypical three-bed in Falcon Tower
120K140K20212022202320242025Typical rent by year: 2021 AED 120,000; 2022 AED 125,000; 2023 AED 132,300; 2024 AED 138,600New contract, July 2021: AED 115,000 a yearRenewal, July 2022: AED 126,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Falcon Tower, and where 2004 sits

All 80 3-beds →

2004 last sold in April 2025 at AED 1,353 per sqft, 12% below what three-beds in Falcon Tower were fetching at the time (AED 1,530).

Recent 3-bed salesUnit no.Price (AED)Summary
29 Apr 20253,346,633
29 Apr 20254,172,633
29 Apr 20254,171,633
29 Apr 20254,140,633
0 3-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 20th floor

All 195 units in Falcon Tower
Value
20013-bedAED 3.51M · Apr 2025
20023-bedAED 3.51M · Apr 2025
20033-bedAED 3.29M · Apr 2025

2004, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 3,291,633, or AED 1,353 per sqft.
  • Rented since July 2021 on 2 Ejari contracts, from AED 115,000 to AED 126,500 a year.
  • At AED 126,500 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 41,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 30 April 2025.

Questions about 2004, Falcon Tower

What did unit 2004 last sell for?

AED 3,291,633 on 30 April 2025, sold by the developer: AED 1,353 per sqft for 2,432 sqft. It is the only registered sale of the unit.

What is the rent for unit 2004?

AED 126,500 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 115,000.

How big is unit 2004?

2,432 sqft (225.9 sqm): a three-bedroom apartment on the 20th floor of a 39-storey tower.

What is unit 2004 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 2004, Falcon Tower

Starts from the last sale price (AED 3.29M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,291,633
Deposit, UAE resident (20%)
AED 658,327
Deposit, non-resident (40%)
AED 1,316,653
Monthly over 25 years at 3.7%
AED 13,467

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