Home
Dubai prices
About
Research
2-bed · 1,907 sqftFalcon Tower, Business Bay · 2nd floor

203, Falcon Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 1.83M30 April 2025
Current rentAED 116K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 203

Property timeline for 203, Falcon Tower

What is 203 worth today?

Last sold for AED 1,832,633 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Dec 2025RentedRenewal
AED 115,500/yr12 months · AED 61 per sqft
30 Apr 2025Sold by developerReady
AED 1,832,633AED 960 per sqft
15 Dec 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
15 Dec 2023RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
1 May 2023RentedNew contract
AED 120,000/yr12 months · AED 65 per sqft
15 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
10 Apr 2022RentedNew contract
AED 85,000/yr12 months · AED 46 per sqft
15 Dec 2021RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
2-bed apartment
Size
1,907 sqft
Floor
2nd of 39
Parking
1
Service charge
AED 32,200 /yr
Last sold
AED 1.83M · April 2025
Building
Falcon Tower

About 203, Falcon Tower

203 is a two-bedroom apartment of 1,907 sqft on the 2nd floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 1,832,633, or AED 960 per sqft, 30% below the AED 1,375 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 16 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 115,500 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 32,200 a year.

Sales and rents for 203 over time

Rents
Unit 203, 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, August 2011: AED 120,000 a yearRenewal, August 2012: AED 120,000 a yearRenewal, August 2013: AED 126,000 a yearRenewal, August 2014: AED 126,000 a yearRenewal, August 2015: AED 136,000 a yearRenewal, August 2016: AED 136,000 a yearNew contract, August 2018: AED 110,000 a yearNew contract, December 2019: AED 100,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 100,000 a yearNew contract, April 2022: AED 85,000 a yearRenewal, December 2022: AED 100,000 a yearNew contract, May 2023: AED 120,000 a yearRenewal, December 2023: AED 110,000 a yearRenewal, December 2024: AED 110,000 a yearRenewal, December 2025: AED 115,500 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 203 sits

All 77 2-beds →

203 last sold in April 2025 at AED 960 per sqft, 30% below what two-beds in Falcon Tower were fetching at the time (AED 1,375). 203's AED 115,500 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 2nd floor

All 195 units in Falcon Tower
Value
2012-bedAED 1.81M · Apr 2025
2021-bedAED 1.25M · Apr 2025
2042-bedAED 2.21M · Apr 2025
2051-bedAED 1.41M · Apr 2025
2062-bedAED 2.21M · Apr 2025

203, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 1,832,633, or AED 960 per sqft.
  • Rented since August 2011 on 16 Ejari contracts. The rent fell from AED 120,000 to AED 85,000 in 2022 and recovered to AED 115,500 by December 2025.
  • At AED 115,500 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 32,200 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 15 December 2025.

Questions about 203, Falcon Tower

What did unit 203 last sell for?

AED 1,832,633 on 30 April 2025, sold by the developer: AED 960 per sqft for 1,907 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 115,500 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 110,000; the unit has been rented since August 2011.

How big is unit 203?

1,907 sqft (177.2 sqm): a two-bedroom apartment on the 2nd floor of a 39-storey tower.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Falcon Tower

Starts from the last sale price (AED 1.83M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,832,633
Deposit, UAE resident (20%)
AED 366,527
Deposit, non-resident (40%)
AED 733,053
Monthly over 25 years at 3.7%
AED 7,498

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