3-bed · 2,386 sqftFalcon Tower, Business Bay · 28th floor

2802, 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 2802 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 3.4M29 April 2025
Current rentAED 138K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, Falcon Tower

What is 2802 worth today?

Last sold for AED 3,401,633 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Apr 2025Sold by developerReady
AED 3,401,633AED 1,425 per sqft
20 Jan 2024RentedRenewal
AED 137,813/yr12 months · AED 59 per sqft
20 Jan 2023RentedRenewal
AED 131,250/yr12 months · AED 57 per sqft
20 Dec 2021RentedNew contract
AED 115,385/yr13 months · AED 50 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,386 sqft
Floor
28th of 39
Parking
2
Service charge
AED 40,300 /yr
Last sold
AED 3.4M · April 2025
Building
Falcon Tower

About 2802, Falcon Tower

2802 is a three-bedroom apartment of 2,386 sqft on the 28th 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, renewed on 20 January 2024, is AED 137,813 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 40,300 a year.

Sales and rents for 2802 over time

Rents
Unit 2802, 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, December 2021: AED 115,385 a yearRenewal, January 2023: AED 131,250 a yearRenewal, January 2024: AED 137,813 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 2802 sits

All 80 3-beds →

2802 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 28th floor

All 195 units in Falcon Tower
Value
28013-bedAED 3.4M · Apr 2025
28033-bedAED 3.62M · Apr 2025
28043-bedAED 3.62M · Apr 2025

2802, 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 December 2021 on 3 Ejari contracts, from AED 115,385 to AED 137,813 a year.
  • At AED 137,813 a year the gross yield on the 2025 price is 4.0%, 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 2802, Falcon Tower

What did unit 2802 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 2802?

AED 137,813 a year on the contract renewed on 20 January 2024. The previous contract, from January 2023, was AED 131,250; the unit has been rented since December 2021.

How big is unit 2802?

2,386 sqft (221.7 sqm): a three-bedroom apartment on the 28th floor of a 39-storey tower.

What is unit 2802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 2802? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2802, 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 →