3-bed · 2,366 sqftFalcon Tower, Business Bay · 24th floor

2401, Falcon Tower

Sold prices and rental history: sold once, by the developer in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 3.57M6 February 2025
Current rentAED 160K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Falcon Tower

What is 2401 worth today?

Last sold for AED 3,566,633 in 2025

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6 Feb 2025Sold by developerReady
AED 3,566,633AED 1,507 per sqft
1 Sep 2023RentedRenewal
AED 160,000/yr12 months · AED 69 per sqft
1 Sep 2022RentedNew contract
AED 160,000/yr12 months · AED 69 per sqft
10 Jul 2021RentedNew contract
AED 110,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 6 February 2025.

Key facts

Type
3-bed apartment
Size
2,366 sqft
Floor
24th of 39
Parking
2
Service charge
AED 39,900 /yr
Last sold
AED 3.57M · February 2025
Building
Falcon Tower

About 2401, Falcon Tower

2401 is a three-bedroom apartment of 2,366 sqft on the 24th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 6 February 2025 for AED 3,566,633, or AED 1,507 per sqft, in line with the AED 1,494 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 160,000 a year: a gross yield of 4.5% on the 2025 price, before the service charge of about AED 39,900 a year.

Sales and rents for 2401 over time

Rents
Unit 2401, each contractTypical three-bed in Falcon Tower
125K150K20212022202320242025Typical rent by year: 2021 AED 120,000; 2022 AED 125,000; 2023 AED 132,300; 2024 AED 138,600New contract, July 2021: AED 110,000 a yearNew contract, September 2022: AED 160,000 a yearRenewal, September 2023: AED 160,000 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 2401 sits

All 80 3-beds →

2401 last sold in February 2025 at AED 1,507 per sqft, in line with what three-beds in Falcon Tower were fetching at the time (AED 1,494).

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 24th floor

All 195 units in Falcon Tower
Value
24023-bedAED 3.57M · Feb 2025
24033-bedAED 3.35M · Feb 2025
24043-bedAED 3.35M · Feb 2025

2401, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 3,566,633, or AED 1,507 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 110,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2025 price is 4.5%, before a service charge of about AED 39,900 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 6 February 2025.

Questions about 2401, Falcon Tower

What did unit 2401 last sell for?

AED 3,566,633 on 6 February 2025, sold by the developer: AED 1,507 per sqft for 2,366 sqft. It is the only registered sale of the unit.

What is the rent for unit 2401?

AED 160,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 160,000; the unit has been rented since July 2021.

How big is unit 2401?

2,366 sqft (219.8 sqm): a three-bedroom apartment on the 24th floor of a 39-storey tower.

What is unit 2401 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 2401, Falcon Tower

Starts from the last sale price (AED 3.57M, 6 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,566,633
Deposit, UAE resident (20%)
AED 713,327
Deposit, non-resident (40%)
AED 1,426,653
Monthly over 25 years at 3.7%
AED 14,592

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