3-bed · 2,386 sqftFalcon Tower, Business Bay · 27th floor

2702, Falcon Tower

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

Unit 2702 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 3.4M29 April 2025
Current rentAED 195K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Falcon Tower

What is 2702 worth today?

Last sold for AED 3,401,633 in 2025

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29 Apr 2025Sold by developerReady
AED 3,401,633AED 1,425 per sqft
15 Nov 2023RentedNew contract
AED 195,000/yr12 months · AED 84 per sqft
1 Jul 2022RentedRenewal
AED 125,000/yr12 months · AED 54 per sqft
1 Jul 2021RentedRenewal
AED 118,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,386 sqft
Floor
27th of 39
Parking
2
Service charge
AED 40,300 /yr
Last sold
AED 3.4M · April 2025
Building
Falcon Tower

About 2702, Falcon Tower

2702 is a three-bedroom apartment of 2,386 sqft on the 27th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 29 April 2025 for AED 3,401,633, or AED 1,425 per sqft, 7% below the AED 1,530 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 15 November 2023, is AED 195,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 40,300 a year.

Sales and rents for 2702 over time

Rents
Unit 2702, each contractTypical three-bed in Falcon Tower
150K200K20212022202320242025Typical rent by year: 2021 AED 120,000; 2022 AED 125,000; 2023 AED 132,300; 2024 AED 138,600Renewal, July 2021: AED 118,000 a yearRenewal, July 2022: AED 125,000 a yearNew contract, November 2023: AED 195,000 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 2702 sits

All 80 3-beds →

2702 last sold in April 2025 at AED 1,425 per sqft, 7% 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 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 27th floor

All 195 units in Falcon Tower
Value
27013-bedAED 3.4M · Apr 2025
27033-bedAED 3.62M · Apr 2025
27043-bedAED 3.62M · Apr 2025

2702, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 3,401,633, or AED 1,425 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 118,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2025 price is 5.7%, before a service charge of about AED 40,300 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 29 April 2025.

Questions about 2702, Falcon Tower

What did unit 2702 last sell for?

AED 3,401,633 on 29 April 2025, sold by the developer: AED 1,425 per sqft for 2,386 sqft. It is the only registered sale of the unit.

What is the rent for unit 2702?

AED 195,000 a year on the contract signed on 15 November 2023. The previous contract, from July 2022, was AED 125,000; the unit has been rented since July 2021.

How big is unit 2702?

2,386 sqft (221.7 sqm): a three-bedroom apartment on the 27th floor of a 39-storey tower.

What is unit 2702 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 2702, Falcon Tower

Starts from the last sale price (AED 3.4M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,401,633
Deposit, UAE resident (20%)
AED 680,327
Deposit, non-resident (40%)
AED 1,360,653
Monthly over 25 years at 3.7%
AED 13,917

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