3-bed · 2,432 sqftFalcon Tower, Business Bay · 37th floor

3704, 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 3704 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 4.17M29 April 2025
Current rentAED 140K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, Falcon Tower

What is 3704 worth today?

Last sold for AED 4,171,633 in 2025

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29 Apr 2025Sold by developerReady
AED 4,171,633AED 1,715 per sqft
1 Jun 2023RentedRenewal
AED 140,000/yr12 months · AED 60 per sqft
1 Jun 2022RentedNew contract
AED 135,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
3-bed apartment
Size
2,432 sqft
Floor
37th of 39
Parking
2
Service charge
AED 41,000 /yr
Last sold
AED 4.17M · April 2025
Building
Falcon Tower

About 3704, Falcon Tower

3704 is a three-bedroom apartment of 2,432 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 4,171,633, or AED 1,715 per sqft, 12% 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 June 2023, is AED 140,000 a year: a gross yield of 3.4% on the 2025 price, before the service charge of about AED 41,000 a year.

Sales and rents for 3704 over time

Rents
Unit 3704, 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, June 2022: AED 135,000 a yearRenewal, June 2023: AED 140,000 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 3704 sits

All 80 3-beds →

3704 last sold in April 2025 at AED 1,715 per sqft, 12% 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 20254,140,633
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
37033-bedAED 4.17M · Apr 2025

3704, Falcon Tower in numbers

  • Sold once: by the developer on 29 April 2025 for AED 4,171,633, or AED 1,715 per sqft.
  • Rented since June 2022 on 2 Ejari contracts, from AED 135,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 3.4%, before a service charge of about AED 41,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 29 April 2025.

Questions about 3704, Falcon Tower

What did unit 3704 last sell for?

AED 4,171,633 on 29 April 2025, sold by the developer: AED 1,715 per sqft for 2,432 sqft. It is the only registered sale of the unit.

What is the rent for unit 3704?

AED 140,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 135,000.

How big is unit 3704?

2,432 sqft (225.9 sqm): a three-bedroom apartment on the 37th floor of a 39-storey tower.

What is unit 3704 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 3704, 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 4,171,633
Deposit, UAE resident (20%)
AED 834,327
Deposit, non-resident (40%)
AED 1,668,653
Monthly over 25 years at 3.7%
AED 17,067

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