3-bed · 2,432 sqftFalcon Tower, Business Bay · 23rd floor

2304, 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 2304 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 3.35M29 April 2025
Current rentAED 135K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Falcon Tower

What is 2304 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
15 Jul 2024RentedRenewal
AED 135,000/yr12 months · AED 58 per sqft
15 Jul 2023RentedRenewal
AED 126,500/yr12 months · AED 54 per sqft
15 Jul 2022RentedRenewal
AED 115,000/yr12 months · AED 50 per sqft
15 Jul 2021RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,432 sqft
Floor
23rd of 39
Parking
2
Service charge
AED 41,000 /yr
Last sold
AED 3.35M · April 2025
Building
Falcon Tower

About 2304, Falcon Tower

2304 is a three-bedroom apartment of 2,432 sqft on the 23rd 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 2021 on 4 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 135,000 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 41,000 a year.

Sales and rents for 2304 over time

Rents
Unit 2304, each contractTypical three-bed in Falcon Tower
120K140K202120232025Typical rent by year: 2021 AED 120,000; 2022 AED 125,000; 2023 AED 132,300; 2024 AED 138,600Renewal, July 2021: AED 110,000 a yearRenewal, July 2022: AED 115,000 a yearRenewal, July 2023: AED 126,500 a yearRenewal, July 2024: AED 135,000 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 2304 sits

All 80 3-beds →

2304 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 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 23rd floor

All 195 units in Falcon Tower
Value
23013-bedAED 3.57M · Apr 2025
23023-bedAED 3.57M · Apr 2025
23033-bedAED 3.35M · Apr 2025

2304, 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 July 2021 on 4 Ejari contracts, from AED 110,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2025 price is 4.0%, 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 2304, Falcon Tower

What did unit 2304 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 2304?

AED 135,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 126,500; the unit has been rented since July 2021.

How big is unit 2304?

2,432 sqft (225.9 sqm): a three-bedroom apartment on the 23rd floor of a 39-storey tower.

What is unit 2304 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 2304, 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 →