3-bed · 2,432 sqftFalcon Tower, Business Bay · 32nd floor

3204, Falcon Tower

Sold prices and rental history: sold once, by the developer in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 4.14M7 February 2025
Current rentAED 130K /yr23 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, Falcon Tower

What is 3204 worth today?

Last sold for AED 4,139,633 in 2025

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7 Feb 2025Sold by developerReady
AED 4,139,633AED 1,702 per sqft
23 May 2023RentedRenewal
AED 130,000/yr12 months · AED 56 per sqft
23 Apr 2022RentedNew contract
AED 125,000/yr13 months · AED 54 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
3-bed apartment
Size
2,432 sqft
Floor
32nd of 39
Parking
2
Service charge
AED 41,000 /yr
Last sold
AED 4.14M · February 2025
Building
Falcon Tower

About 3204, Falcon Tower

3204 is a three-bedroom apartment of 2,432 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 4,139,633, or AED 1,702 per sqft, 5% above the AED 1,624 three-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 23 May 2023, is AED 130,000 a year: a gross yield of 3.1% on the 2025 price, before the service charge of about AED 41,000 a year.

Sales and rents for 3204 over time

Rents
Unit 3204, 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, April 2022: AED 125,000 a yearRenewal, May 2023: AED 130,000 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 3204 sits

All 80 3-beds →

3204 last sold in February 2025 at AED 1,702 per sqft, 5% 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
32033-bedAED 4.14M · Feb 2025

3204, Falcon Tower in numbers

  • Sold once: by the developer on 7 February 2025 for AED 4,139,633, or AED 1,702 per sqft.
  • Rented since April 2022 on 2 Ejari contracts, from AED 125,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 3.1%, before a service charge of about AED 41,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 7 February 2025.

Questions about 3204, Falcon Tower

What did unit 3204 last sell for?

AED 4,139,633 on 7 February 2025, sold by the developer: AED 1,702 per sqft for 2,432 sqft. It is the only registered sale of the unit.

What is the rent for unit 3204?

AED 130,000 a year on the contract renewed on 23 May 2023. The previous contract, from April 2022, was AED 125,000.

How big is unit 3204?

2,432 sqft (225.9 sqm): a three-bedroom apartment on the 32nd floor of a 39-storey tower.

What is unit 3204 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 3204, 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 4,139,633
Deposit, UAE resident (20%)
AED 827,927
Deposit, non-resident (40%)
AED 1,655,853
Monthly over 25 years at 3.7%
AED 16,937

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