3-bed · 2,366 sqftFalcon Tower, Business Bay · 37th floor

3701, 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 3701 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 3.98M29 April 2025
Current rentAED 143K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Falcon Tower

What is 3701 worth today?

Last sold for AED 3,980,633 in 2025

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29 Apr 2025Sold by developerReady
AED 3,980,633AED 1,682 per sqft
20 Jun 2024RentedRenewal
AED 143,325/yr12 months · AED 62 per sqft
20 Jun 2023RentedRenewal
AED 136,500/yr12 months · AED 59 per sqft
20 Jun 2022RentedNew contract
AED 130,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,366 sqft
Floor
37th of 39
Parking
2
Service charge
AED 39,900 /yr
Last sold
AED 3.98M · April 2025
Building
Falcon Tower

About 3701, Falcon Tower

3701 is a three-bedroom apartment of 2,366 sqft on the 37th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 29 April 2025 for AED 3,980,633, or AED 1,682 per sqft, 10% above the AED 1,530 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 143,325 a year: a gross yield of 3.6% on the 2025 price, before the service charge of about AED 39,900 a year.

Sales and rents for 3701 over time

Rents
Unit 3701, 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 138,600New contract, June 2022: AED 130,000 a yearRenewal, June 2023: AED 136,500 a yearRenewal, June 2024: AED 143,325 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 3701 sits

All 80 3-beds →

3701 last sold in April 2025 at AED 1,682 per sqft, 10% 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 37th floor

All 195 units in Falcon Tower
Value
37023-bedAED 3.98M · Apr 2025
37033-bedAED 4.17M · Apr 2025
37043-bedAED 4.17M · Apr 2025

3701, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 3,980,633, or AED 1,682 per sqft.
  • Rented since June 2022 on 3 Ejari contracts, from AED 130,000 to AED 143,325 a year.
  • At AED 143,325 a year the gross yield on the 2025 price is 3.6%, 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 3701, Falcon Tower

What did unit 3701 last sell for?

AED 3,980,633 on 29 April 2025, sold by the developer: AED 1,682 per sqft for 2,366 sqft. It is the only registered sale of the unit.

What is the rent for unit 3701?

AED 143,325 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 136,500; the unit has been rented since June 2022.

How big is unit 3701?

2,366 sqft (219.8 sqm): a three-bedroom apartment on the 37th floor of a 39-storey tower.

What is unit 3701 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 3701, Falcon Tower

Starts from the last sale price (AED 3.98M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,980,633
Deposit, UAE resident (20%)
AED 796,127
Deposit, non-resident (40%)
AED 1,592,253
Monthly over 25 years at 3.7%
AED 16,286

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