3-bed · 2,386 sqftFalcon Tower, Business Bay · 24th floor

2402, 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 2402 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 3.57M6 February 2025
Current rentAED 133K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Falcon Tower

What is 2402 worth today?

Last sold for AED 3,566,633 in 2025

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6 Feb 2025Sold by developerReady
AED 3,566,633AED 1,494 per sqft
1 Nov 2023RentedRenewal
AED 132,825/yr12 months · AED 57 per sqft
1 Nov 2022RentedRenewal
AED 126,500/yr12 months · AED 54 per sqft
1 Oct 2021RentedNew contract
AED 115,000/yr13 months · AED 50 per sqft

Source: Dubai Land Department. Updated 6 February 2025.

Key facts

Type
3-bed apartment
Size
2,386 sqft
Floor
24th of 39
Parking
2
Service charge
AED 40,300 /yr
Last sold
AED 3.57M · February 2025
Building
Falcon Tower

About 2402, Falcon Tower

2402 is a three-bedroom apartment of 2,386 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 1,494 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 November 2023, is AED 132,825 a year: a gross yield of 3.7% on the 2025 price, before the service charge of about AED 40,300 a year.

Sales and rents for 2402 over time

Rents
Unit 2402, 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, October 2021: AED 115,000 a yearRenewal, November 2022: AED 126,500 a yearRenewal, November 2023: AED 132,825 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 2402 sits

All 80 3-beds →

2402 last sold in February 2025 at AED 1,494 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
24013-bedAED 3.57M · Feb 2025
24033-bedAED 3.35M · Feb 2025
24043-bedAED 3.35M · Feb 2025

2402, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 3,566,633, or AED 1,494 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 115,000 to AED 132,825 a year.
  • At AED 132,825 a year the gross yield on the 2025 price is 3.7%, before a service charge of about AED 40,300 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 6 February 2025.

Questions about 2402, Falcon Tower

What did unit 2402 last sell for?

AED 3,566,633 on 6 February 2025, sold by the developer: AED 1,494 per sqft for 2,386 sqft. It is the only registered sale of the unit.

What is the rent for unit 2402?

AED 132,825 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 126,500; the unit has been rented since October 2021.

How big is unit 2402?

2,386 sqft (221.7 sqm): a three-bedroom apartment on the 24th floor of a 39-storey tower.

What is unit 2402 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 2402, 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 →