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2-bed · 1,954 sqftFalcon Tower, Business Bay · 4th floor

406, Falcon Tower

Sold prices and rental history: sold once, by the developer in April 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 2.27M30 April 2025
Current rentAED 110K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Falcon Tower

What is 406 worth today?

Last sold for AED 2,268,633 in 2025

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10 Jul 2026RentedRenewal
AED 110,250/yr12 months · AED 58 per sqft
10 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
10 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
30 Apr 2025Sold by developerReady
AED 2,268,633AED 1,161 per sqft
10 Jul 2024RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
5 Nov 2023RentedRenewal
AED 120,000/yr12 months · AED 65 per sqft
10 Jul 2023RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
5 Nov 2022RentedNew contract
AED 115,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
2-bed apartment
Size
1,954 sqft
Floor
4th of 39
Parking
2
Service charge
AED 33,000 /yr
Last sold
AED 2.27M · April 2025
Building
Falcon Tower

About 406, Falcon Tower

406 is a two-bedroom apartment of 1,954 sqft on the 4th floor of Falcon Tower, a 39-storey tower in Business Bay. The developer sold it on 30 April 2025 for AED 2,268,633, or AED 1,161 per sqft, 16% below the AED 1,375 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 19 Ejari contracts. The current contract, renewed on 10 July 2026, is AED 110,250 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 33,000 a year.

Sales and rents for 406 over time

Rents
Unit 406, each contractTypical two-bed in Falcon Tower
100K125K2010201520202025Typical rent by year: 2010 AED 112,833; 2011 AED 115,000; 2012 AED 115,400; 2013 AED 125,000; 2014 AED 127,450; 2015 AED 130,000; 2016 AED 133,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 115,500; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 100,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,250; 2026 AED 115,500New contract, June 2011: AED 108,150 a yearRenewal, June 2012: AED 113,560 a yearRenewal, June 2013: AED 119,200 a yearRenewal, June 2014: AED 125,200 a yearRenewal, June 2015: AED 125,200 a yearRenewal, June 2016: AED 125,200 a yearRenewal, June 2017: AED 125,200 a yearNew contract, September 2018: AED 110,000 a yearRenewal, September 2019: AED 110,000 a yearNew contract, December 2020: AED 90,000 a yearNew contract, October 2021: AED 85,000 a yearNew contract, June 2022: AED 100,000 a yearNew contract, November 2022: AED 115,000 a yearRenewal, July 2023: AED 100,000 a yearRenewal, November 2023: AED 120,000 a yearRenewal, July 2024: AED 100,000 a yearRenewal, July 2025: AED 105,000 a yearRenewal, July 2025: AED 105,000 a yearRenewal, July 2026: AED 110,250 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Falcon Tower, and where 406 sits

All 77 2-beds →

406 last sold in April 2025 at AED 1,161 per sqft, 16% below what two-beds in Falcon Tower were fetching at the time (AED 1,375). 406's AED 110,250 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 20251,834,633
30 Apr 20251,814,633
30 Apr 20252,725,633
30 Apr 20252,234,633
0 2-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 4th floor

All 195 units in Falcon Tower
Value
4012-bedAED 1.82M · Apr 2025
4021-bedAED 1.25M · Apr 2025
4032-bedAED 1.83M · Apr 2025
4042-bedAED 2.27M · Apr 2025
4051-bedAED 1.41M · Apr 2025

406, Falcon Tower in numbers

  • Sold once: by the developer on 30 April 2025 for AED 2,268,633, or AED 1,161 per sqft.
  • Rented since June 2011 on 19 Ejari contracts. The rent fell from AED 108,150 to AED 85,000 in 2021 and recovered to AED 110,250 by July 2026.
  • At AED 110,250 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 33,000 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 10 July 2026.

Questions about 406, Falcon Tower

What did unit 406 last sell for?

AED 2,268,633 on 30 April 2025, sold by the developer: AED 1,161 per sqft for 1,954 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 110,250 a year on the contract renewed on 10 July 2026. The previous contract, from July 2025, was AED 105,000; the unit has been rented since June 2011.

How big is unit 406?

1,954 sqft (181.5 sqm): a two-bedroom apartment on the 4th floor of a 39-storey tower.

What is unit 406 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 406, Falcon Tower

Starts from the last sale price (AED 2.27M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,268,633
Deposit, UAE resident (20%)
AED 453,727
Deposit, non-resident (40%)
AED 907,453
Monthly over 25 years at 3.7%
AED 9,282

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