3-bed · 2,367 sqftFalcon Tower, Business Bay · 24th floor

2403, 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 2403 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 3.35M6 February 2025
Current rentAED 126K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Falcon Tower

What is 2403 worth today?

Last sold for AED 3,346,633 in 2025

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6 Feb 2025Sold by developerReady
AED 3,346,633AED 1,414 per sqft
20 Nov 2022RentedRenewal
AED 126,000/yr12 months · AED 54 per sqft
20 Oct 2021RentedNew contract
AED 120,000/yr13 months · AED 52 per sqft

Source: Dubai Land Department. Updated 6 February 2025.

Key facts

Type
3-bed apartment
Size
2,367 sqft
Floor
24th of 39
Parking
2
Service charge
AED 39,900 /yr
Last sold
AED 3.35M · February 2025
Building
Falcon Tower

About 2403, Falcon Tower

2403 is a three-bedroom apartment of 2,367 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 3,346,633, or AED 1,414 per sqft, 5% below the AED 1,494 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 126,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 39,900 a year.

Sales and rents for 2403 over time

Rents
Unit 2403, each contractTypical three-bed in Falcon Tower
120K130K140K20212022202320242025Typical rent by year: 2021 AED 120,000; 2022 AED 125,000; 2023 AED 132,300; 2024 AED 138,600New contract, October 2021: AED 120,000 a yearRenewal, November 2022: AED 126,000 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 2403 sits

All 80 3-beds →

2403 last sold in February 2025 at AED 1,414 per sqft, 5% below 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
24023-bedAED 3.57M · Feb 2025
24043-bedAED 3.35M · Feb 2025

2403, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 3,346,633, or AED 1,414 per sqft.
  • Rented since October 2021 on 2 Ejari contracts, from AED 120,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2025 price is 3.8%, 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 2403, Falcon Tower

What did unit 2403 last sell for?

AED 3,346,633 on 6 February 2025, sold by the developer: AED 1,414 per sqft for 2,367 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 126,000 a year on the contract renewed on 20 November 2022. The previous contract, from October 2021, was AED 120,000.

How big is unit 2403?

2,367 sqft (219.9 sqm): a three-bedroom apartment on the 24th floor of a 39-storey tower.

What is unit 2403 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 2403, Falcon Tower

Starts from the last sale price (AED 3.35M, 6 February 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 →