3-bed · 2,366 sqftFalcon Tower, Business Bay · 29th floor

2901, 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 2901 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 3.4M29 April 2025
Current rentAED 126K /yr16 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Falcon Tower

What is 2901 worth today?

Last sold for AED 3,401,633 in 2025

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29 Apr 2025Sold by developerReady
AED 3,401,633AED 1,437 per sqft
16 Feb 2023RentedRenewal
AED 126,000/yr12 months · AED 54 per sqft
16 Feb 2022RentedNew contract
AED 120,000/yr12 months · AED 52 per sqft
29 Dec 2021RentedNew contract
AED 125,000/yr13 months · AED 54 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,366 sqft
Floor
29th of 39
Parking
2
Service charge
AED 39,900 /yr
Last sold
AED 3.4M · April 2025
Building
Falcon Tower

About 2901, Falcon Tower

2901 is a three-bedroom apartment of 2,366 sqft on the 29th 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 1,437 per sqft, 6% 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 16 February 2023, is AED 126,000 a year: a gross yield of 3.7% on the 2025 price, before the service charge of about AED 39,900 a year.

Sales and rents for 2901 over time

Rents
Unit 2901, 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, December 2021: AED 125,000 a yearNew contract, February 2022: AED 120,000 a yearRenewal, February 2023: 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 2901 sits

All 80 3-beds →

2901 last sold in April 2025 at AED 1,437 per sqft, 6% 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 29th floor

All 195 units in Falcon Tower
Value
29023-bedAED 3.4M · Apr 2025
29033-bedAED 3.62M · Apr 2025
29043-bedAED 3.62M · Apr 2025

2901, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 3,401,633, or AED 1,437 per sqft.
  • Rented since December 2021 on 3 Ejari contracts, from AED 125,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2025 price is 3.7%, before a service charge of about AED 39,900 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 29 April 2025.

Questions about 2901, Falcon Tower

What did unit 2901 last sell for?

AED 3,401,633 on 29 April 2025, sold by the developer: AED 1,437 per sqft for 2,366 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 126,000 a year on the contract renewed on 16 February 2023. The previous contract, from February 2022, was AED 120,000; the unit has been rented since December 2021.

How big is unit 2901?

2,366 sqft (219.8 sqm): a three-bedroom apartment on the 29th floor of a 39-storey tower.

What is unit 2901 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 2901, 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 →