3-bed · 2,432 sqftFalcon Tower, Business Bay · 27th floor

2704, 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 2704 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 3.62M29 April 2025
Current rentAED 138K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Falcon Tower

What is 2704 worth today?

Last sold for AED 3,621,633 in 2025

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29 Apr 2025Sold by developerReady
AED 3,621,633AED 1,489 per sqft
20 Nov 2023RentedRenewal
AED 137,812/yr12 months · AED 59 per sqft
20 Nov 2021RentedRenewal
AED 65,625/yr24 months · AED 28 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,432 sqft
Floor
27th of 39
Parking
2
Service charge
AED 41,000 /yr
Last sold
AED 3.62M · April 2025
Building
Falcon Tower

About 2704, Falcon Tower

2704 is a three-bedroom apartment of 2,432 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 3,621,633, or AED 1,489 per sqft, in line with the AED 1,530 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 2023, is AED 137,812 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 41,000 a year.

Sales and rents for 2704 over time

Rents
Unit 2704, each contractTypical three-bed in Falcon Tower
100K150K20212022202320242025Typical rent by year: 2021 AED 120,000; 2022 AED 125,000; 2023 AED 132,300; 2024 AED 138,600Renewal, November 2021: AED 65,625 a yearRenewal, November 2023: 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 2704 sits

All 80 3-beds →

2704 last sold in April 2025 at AED 1,489 per sqft, in line with 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
27023-bedAED 3.4M · Apr 2025
27033-bedAED 3.62M · Apr 2025

2704, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 3,621,633, or AED 1,489 per sqft.
  • Rented since November 2021 on 2 Ejari contracts, from AED 65,625 to AED 137,812 a year.
  • At AED 137,812 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 41,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 29 April 2025.

Questions about 2704, Falcon Tower

What did unit 2704 last sell for?

AED 3,621,633 on 29 April 2025, sold by the developer: AED 1,489 per sqft for 2,432 sqft. It is the only registered sale of the unit.

What is the rent for unit 2704?

AED 137,812 a year on the contract renewed on 20 November 2023. The previous contract, from November 2021, was AED 65,625.

How big is unit 2704?

2,432 sqft (225.9 sqm): a three-bedroom apartment on the 27th floor of a 39-storey tower.

What is unit 2704 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 2704, Falcon Tower

Starts from the last sale price (AED 3.62M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,621,633
Deposit, UAE resident (20%)
AED 724,327
Deposit, non-resident (40%)
AED 1,448,653
Monthly over 25 years at 3.7%
AED 14,817

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