1-bed · 946 sqftFalcon Tower, Business Bay · 3rd floor

302, Falcon Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 1.25M30 April 2025
Current rentAED 110K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Falcon Tower

What is 302 worth today?

Last sold for AED 1,249,633 in 2025

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20 Jul 2025RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
30 Apr 2025Sold by developerReady
AED 1,249,633AED 1,321 per sqft
20 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
20 Jul 2023RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
12 Mar 2023RentedRenewal
AED 65,000/yr12 months · AED 76 per sqft
20 Jun 2022RentedNew contract
AED 100,000/yr13 months · AED 53 per sqft
12 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
1 Jan 2022RentedRenewal
AED 100,896/yr1 months · AED 53 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
3rd of 39
Parking
1
Service charge
AED 16,000 /yr
Last sold
AED 1.25M · April 2025
Building
Falcon Tower

About 302, Falcon Tower

302 is a one-bedroom apartment of 946 sqft on the 3rd floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 1,249,633, or AED 1,321 per sqft, 23% below the AED 1,712 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 17 Ejari contracts. The current contract, renewed on 20 July 2025, is AED 110,000 a year: a gross yield of 8.8% on the 2025 price, before the service charge of about AED 16,000 a year.

Sales and rents for 302 over time

Rents
Unit 302, each contractTypical one-bed in Falcon Tower
50K100K2010201520202025Typical rent by year: 2010 AED 101,325; 2011 AED 104,297; 2012 AED 109,512; 2013 AED 120,750; 2014 AED 125,000; 2015 AED 128,400; 2016 AED 128,400; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 75,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,250; 2026 AED 115,763New contract, August 2011: AED 115,000 a yearRenewal, August 2012: AED 120,750 a yearRenewal, August 2013: AED 120,750 a yearRenewal, August 2014: AED 126,800 a yearRenewal, August 2015: AED 126,800 a yearRenewal, August 2016: AED 126,800 a yearRenewal, August 2017: AED 126,800 a yearRenewal, August 2018: AED 120,000 a yearRenewal, August 2019: AED 120,000 a yearNew contract, December 2020: AED 90,000 a yearRenewal, January 2022: AED 100,896 a yearNew contract, March 2022: AED 60,000 a yearNew contract, June 2022: AED 100,000 a yearRenewal, March 2023: AED 65,000 a yearRenewal, July 2023: AED 105,000 a yearRenewal, July 2024: AED 110,000 a yearRenewal, July 2025: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Falcon Tower, and where 302 sits

All 38 1-beds →

302 last sold in April 2025 at AED 1,321 per sqft, 23% below what one-beds in Falcon Tower were fetching at the time (AED 1,712). 302's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Apr 20251,770,633
30 Apr 20251,634,633
30 Apr 20251,557,633
30 Apr 20251,647,633
0 1-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 3rd floor

All 195 units in Falcon Tower
Value
3012-bedAED 1.81M · Apr 2025
3032-bedAED 1.83M · Apr 2025
3042-bedAED 2.23M · Apr 2025
3051-bedAED 1.41M · Apr 2025
3062-bedAED 2.23M · Apr 2025

302, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 1,249,633, or AED 1,321 per sqft.
  • Rented since August 2011 on 17 Ejari contracts. The rent fell from AED 115,000 to AED 60,000 in 2022 and recovered to AED 110,000 by July 2025.
  • At AED 110,000 a year the gross yield on the 2025 price is 8.8%, before a service charge of about AED 16,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 20 July 2025.

Questions about 302, Falcon Tower

What did unit 302 last sell for?

AED 1,249,633 on 30 April 2025, sold by the developer: AED 1,321 per sqft for 946 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 110,000 a year on the contract renewed on 20 July 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since August 2011.

How big is unit 302?

946 sqft (87.9 sqm): a one-bedroom apartment on the 3rd floor of a 39-storey tower.

What is unit 302 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 302, Falcon Tower

Starts from the last sale price (AED 1.25M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,249,633
Deposit, UAE resident (20%)
AED 249,927
Deposit, non-resident (40%)
AED 499,853
Monthly over 25 years at 3.7%
AED 5,113

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