3-bed · 2,386 sqftFalcon Tower, Business Bay · 34th floor

3402, Falcon Tower

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

Unit 3402 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 3.97M29 April 2025
Current rentAED 131K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Falcon Tower

What is 3402 worth today?

Last sold for AED 3,969,633 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 3,969,633AED 1,663 per sqft
1 May 2023RentedRenewal
AED 131,250/yr12 months · AED 57 per sqft
1 May 2022RentedNew contract
AED 125,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,386 sqft
Floor
34th of 39
Parking
2
Service charge
AED 40,300 /yr
Last sold
AED 3.97M · April 2025
Building
Falcon Tower

About 3402, Falcon Tower

3402 is a three-bedroom apartment of 2,386 sqft on the 34th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 29 April 2025 for AED 3,969,633, or AED 1,663 per sqft, 9% above the AED 1,530 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 1 May 2023, is AED 131,250 a year: a gross yield of 3.3% on the 2025 price, before the service charge of about AED 40,300 a year.

Sales and rents for 3402 over time

Rents
Unit 3402, 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, May 2022: AED 125,000 a yearRenewal, May 2023: AED 131,250 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 3402 sits

All 80 3-beds →

3402 last sold in April 2025 at AED 1,663 per sqft, 9% above 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 34th floor

All 195 units in Falcon Tower
Value
34013-bedAED 3.97M · Apr 2025
34033-bedAED 4.14M · Apr 2025
34043-bedAED 4.14M · Apr 2025

3402, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 3,969,633, or AED 1,663 per sqft.
  • Rented since May 2022 on 2 Ejari contracts, from AED 125,000 to AED 131,250 a year.
  • At AED 131,250 a year the gross yield on the 2025 price is 3.3%, 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 3402, Falcon Tower

What did unit 3402 last sell for?

AED 3,969,633 on 29 April 2025, sold by the developer: AED 1,663 per sqft for 2,386 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 131,250 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 125,000.

How big is unit 3402?

2,386 sqft (221.7 sqm): a three-bedroom apartment on the 34th floor of a 39-storey tower.

What is unit 3402 worth today?

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

Selling 3402? 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 3402, Falcon Tower

Starts from the last sale price (AED 3.97M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,969,633
Deposit, UAE resident (20%)
AED 793,927
Deposit, non-resident (40%)
AED 1,587,853
Monthly over 25 years at 3.7%
AED 16,241

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