3-bed · 2,432 sqftFalcon Tower, Business Bay · 22nd floor

2204, Falcon Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 3.35M29 April 2025
Current rentAED 146K /yr4 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Falcon Tower

What is 2204 worth today?

Last sold for AED 3,346,633 in 2025

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29 Apr 2025Sold by developerReady
AED 3,346,633AED 1,375 per sqft
4 Aug 2024RentedRenewal
AED 145,530/yr12 months · AED 63 per sqft
4 Aug 2023RentedRenewal
AED 132,300/yr12 months · AED 57 per sqft
4 Aug 2022RentedRenewal
AED 126,000/yr12 months · AED 54 per sqft
4 Jul 2021RentedRenewal
AED 120,000/yr13 months · AED 52 per sqft
4 Jun 2020RentedRenewal
AED 120,000/yr13 months · AED 52 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,432 sqft
Floor
22nd of 39
Parking
2
Service charge
AED 41,000 /yr
Last sold
AED 3.35M · April 2025
Building
Falcon Tower

About 2204, Falcon Tower

2204 is a three-bedroom apartment of 2,432 sqft on the 22nd floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 29 April 2025 for AED 3,346,633, or AED 1,375 per sqft, 10% below the AED 1,530 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 4 August 2024, is AED 145,530 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 41,000 a year.

Sales and rents for 2204 over time

Rents
Unit 2204, each contractTypical three-bed in Falcon Tower
120K140K202020222024Typical rent by year: 2021 AED 120,000; 2022 AED 125,000; 2023 AED 132,300; 2024 AED 138,600Renewal, June 2020: AED 120,000 a yearRenewal, July 2021: AED 120,000 a yearRenewal, August 2022: AED 126,000 a yearRenewal, August 2023: AED 132,300 a yearRenewal, August 2024: AED 145,530 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 2204 sits

All 80 3-beds →

2204 last sold in April 2025 at AED 1,375 per sqft, 10% below what three-beds in Falcon Tower were fetching at the time (AED 1,530).

Recent 3-bed salesUnit no.Price (AED)Summary
30 Apr 20253,291,633
29 Apr 20253,346,633
29 Apr 20254,172,633
29 Apr 20254,171,633
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 22nd floor

All 195 units in Falcon Tower
Value
22013-bedAED 3.57M · Apr 2025
22023-bedAED 3.57M · Apr 2025
22033-bedAED 3.35M · Apr 2025

2204, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 3,346,633, or AED 1,375 per sqft.
  • Rented since June 2020 on 5 Ejari contracts, from AED 120,000 to AED 145,530 a year.
  • At AED 145,530 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 41,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 29 April 2025.

Questions about 2204, Falcon Tower

What did unit 2204 last sell for?

AED 3,346,633 on 29 April 2025, sold by the developer: AED 1,375 per sqft for 2,432 sqft. It is the only registered sale of the unit.

What is the rent for unit 2204?

AED 145,530 a year on the contract renewed on 4 August 2024. The previous contract, from August 2023, was AED 132,300; the unit has been rented since June 2020.

How big is unit 2204?

2,432 sqft (225.9 sqm): a three-bedroom apartment on the 22nd floor of a 39-storey tower.

What is unit 2204 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 2204, Falcon Tower

Starts from the last sale price (AED 3.35M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,346,633
Deposit, UAE resident (20%)
AED 669,327
Deposit, non-resident (40%)
AED 1,338,653
Monthly over 25 years at 3.7%
AED 13,692

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