3-bed · 2,432 sqftFalcon Tower, Business Bay · 24th floor

2404, Falcon Tower

Sold prices and rental history: sold once, by the developer in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 6 February 2025
Last soldAED 3.35M6 February 2025
Current rentAED 138K /yr14 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Falcon Tower

What is 2404 worth today?

Last sold for AED 3,346,633 in 2025

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6 Feb 2025Sold by developerReady
AED 3,346,633AED 1,375 per sqft
14 Jan 2024RentedRenewal
AED 137,812/yr12 months · AED 59 per sqft
14 Jan 2023RentedRenewal
AED 131,250/yr12 months · AED 57 per sqft
14 Jan 2022RentedRenewal
AED 125,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 6 February 2025.

Key facts

Type
3-bed apartment
Size
2,432 sqft
Floor
24th of 39
Parking
2
Service charge
AED 41,000 /yr
Last sold
AED 3.35M · February 2025
Building
Falcon Tower

About 2404, Falcon Tower

2404 is a three-bedroom apartment of 2,432 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 1,375 per sqft, 8% below the AED 1,494 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 14 January 2024, is AED 137,812 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 41,000 a year.

Sales and rents for 2404 over time

Rents
Unit 2404, 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 138,600Renewal, January 2022: AED 125,000 a yearRenewal, January 2023: AED 131,250 a yearRenewal, January 2024: AED 137,812 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 2404 sits

All 80 3-beds →

2404 last sold in February 2025 at AED 1,375 per sqft, 8% 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
24033-bedAED 3.35M · Feb 2025

2404, Falcon Tower in numbers

  • Sold once: by the developer on 6 February 2025 for AED 3,346,633, or AED 1,375 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 125,000 to AED 137,812 a year.
  • At AED 137,812 a year the gross yield on the 2025 price is 4.1%, before a service charge of about AED 41,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 6 February 2025.

Questions about 2404, Falcon Tower

What did unit 2404 last sell for?

AED 3,346,633 on 6 February 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 2404?

AED 137,812 a year on the contract renewed on 14 January 2024. The previous contract, from January 2023, was AED 131,250; the unit has been rented since January 2022.

How big is unit 2404?

2,432 sqft (225.9 sqm): a three-bedroom apartment on the 24th floor of a 39-storey tower.

What is unit 2404 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 2404, 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 →