3-bed · 2,367 sqftFalcon Tower, Business Bay · 37th floor

3703, Falcon Tower

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

Unit 3703 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 4.17M29 April 2025
Current rentAED 120K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3703, Falcon Tower

What is 3703 worth today?

Last sold for AED 4,172,633 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 4,172,633AED 1,763 per sqft
1 Jan 2023RentedRenewal
AED 120,000/yr12 months · AED 52 per sqft
1 Jan 2021RentedRenewal
AED 57,500/yr24 months · AED 25 per sqft
1 Jan 2021RentedRenewal · flagged as an outlier
AED 57,500/yr24 months · AED 25 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,367 sqft
Floor
37th of 39
Parking
2
Service charge
AED 39,900 /yr
Last sold
AED 4.17M · April 2025
Building
Falcon Tower

About 3703, Falcon Tower

3703 is a three-bedroom apartment of 2,367 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 4,172,633, or AED 1,763 per sqft, 15% above the AED 1,530 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 120,000 a year: a gross yield of 2.9% on the 2025 price, before the service charge of about AED 39,900 a year.

Sales and rents for 3703 over time

Rents
Unit 3703, each contractTypical three-bed in Falcon Tower
50K100K150K20212022202320242025Typical rent by year: 2021 AED 120,000; 2022 AED 125,000; 2023 AED 132,300; 2024 AED 138,600Renewal, January 2021: AED 57,500 a yearRenewal, January 2023: AED 120,000 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 3703 sits

All 80 3-beds →

3703 last sold in April 2025 at AED 1,763 per sqft, 15% 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
37013-bedAED 3.98M · Apr 2025
37023-bedAED 3.98M · Apr 2025
37043-bedAED 4.17M · Apr 2025

3703, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 4,172,633, or AED 1,763 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 57,500 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 2.9%, 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 3703, Falcon Tower

What did unit 3703 last sell for?

AED 4,172,633 on 29 April 2025, sold by the developer: AED 1,763 per sqft for 2,367 sqft. It is the only registered sale of the unit.

What is the rent for unit 3703?

AED 120,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2021, was AED 57,500; the unit has been rented since January 2021.

How big is unit 3703?

2,367 sqft (219.9 sqm): a three-bedroom apartment on the 37th floor of a 39-storey tower.

What is unit 3703 worth today?

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

Selling 3703? 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 3703, Falcon Tower

Starts from the last sale price (AED 4.17M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,172,633
Deposit, UAE resident (20%)
AED 834,527
Deposit, non-resident (40%)
AED 1,669,053
Monthly over 25 years at 3.7%
AED 17,072

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