3-bed · 2,367 sqftFalcon Tower, Business Bay · 32nd floor

3203, Falcon Tower

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

Unit 3203 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 4.14M7 February 2025
Current rentAED 143K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Falcon Tower

What is 3203 worth today?

Last sold for AED 4,140,633 in 2025

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7 Feb 2025Sold by developerReady
AED 4,140,633AED 1,749 per sqft
1 Jun 2024RentedRenewal
AED 143,322/yr2 months · AED 62 per sqft
1 Jun 2023RentedRenewal
AED 136,500/yr12 months · AED 59 per sqft
1 May 2022RentedNew contract
AED 125,000/yr13 months · AED 54 per sqft
20 Mar 2021RentedRenewal
AED 115,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
3-bed apartment
Size
2,367 sqft
Floor
32nd of 39
Parking
2
Service charge
AED 39,900 /yr
Last sold
AED 4.14M · February 2025
Building
Falcon Tower

About 3203, Falcon Tower

3203 is a three-bedroom apartment of 2,367 sqft on the 32nd floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 7 February 2025 for AED 4,140,633, or AED 1,749 per sqft, 8% above the AED 1,624 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 143,322 a year: a gross yield of 3.5% on the 2025 price, before the service charge of about AED 39,900 a year.

Sales and rents for 3203 over time

Rents
Unit 3203, 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 138,600Renewal, March 2021: AED 115,000 a yearNew contract, May 2022: AED 125,000 a yearRenewal, June 2023: AED 136,500 a yearRenewal, June 2024: AED 143,322 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 3203 sits

All 80 3-beds →

3203 last sold in February 2025 at AED 1,749 per sqft, 8% above what three-beds in Falcon Tower were fetching at the time (AED 1,624).

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 32nd floor

All 195 units in Falcon Tower
Value
32013-bedAED 3.97M · Feb 2025
32023-bedAED 3.97M · Feb 2025
32043-bedAED 4.14M · Feb 2025

3203, Falcon Tower in numbers

  • Sold once: by the developer on 7 February 2025 for AED 4,140,633, or AED 1,749 per sqft.
  • Rented since March 2021 on 4 Ejari contracts, from AED 115,000 to AED 143,322 a year.
  • At AED 143,322 a year the gross yield on the 2025 price is 3.5%, before a service charge of about AED 39,900 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 7 February 2025.

Questions about 3203, Falcon Tower

What did unit 3203 last sell for?

AED 4,140,633 on 7 February 2025, sold by the developer: AED 1,749 per sqft for 2,367 sqft. It is the only registered sale of the unit.

What is the rent for unit 3203?

AED 143,322 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 136,500; the unit has been rented since March 2021.

How big is unit 3203?

2,367 sqft (219.9 sqm): a three-bedroom apartment on the 32nd floor of a 39-storey tower.

What is unit 3203 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 3203, Falcon Tower

Starts from the last sale price (AED 4.14M, 7 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,140,633
Deposit, UAE resident (20%)
AED 828,127
Deposit, non-resident (40%)
AED 1,656,253
Monthly over 25 years at 3.7%
AED 16,941

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